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USD/JPY

108.05

-0.02%

USD/CHF

0.9158

+0.1%

AUD/USD

0.7729

+0.05%

GBP/USD

1.3939

+0.03%

EUR/USD

1.2036

+0.02%

USD/CAD

1.2604

-0.03%

Economy of Mongolia. Statistics, Data and Indicators

Mongolia

36B-	Credit rank #79
N/A	Quality of life #
111	Corruption rank#89
81	Ease of doing business#73

Mongolia

Business Indicators
Budget Indicators
Money Indicators

Taxes
GDP Indicators
Labor Indicators

Inflation Indicators
Trade Indicators
Consumer Indicators

Production Indicators

Mongolia Major Economic Indicators

Indicator	Data	Period
GDP Value	13.85 USD Billion	2019
GDP Annual Growth Rate	-5.3 %	4Q/20
GDP Growth Rate	6.1 %	1Q/18
GDP per capita	4350 USD	2019
Inflation Rate YoY	2.5 %	Mar/21
Interest Rate	6 %	Feb/21
Unemployment Rate	7.6 %	4Q/20
Wages	1269 MNT Thou/Month \| 445.134 USD/Month	3Q/20
Balance of Trade	412 USD Million \| 0.412 B USD	Feb/21
Current Account	-28.77 USD Million \| -0.029 B USD	Feb/21
Foreign Exchange Reserves	3870 USD Million \| 3.87 B USD	Nov/20

GDP

vvp

13.85

USD Billion

#133 from 174 countries

GDP per capita

vvp

4350

USD

#103 from 169 countries

GDP Indicators

Indicator	Data	Period
GDP Value	13.85 USD Billion	2019
GDP Annual Growth Rate	-5.3 %	4Q/20
GDP Growth Rate	6.1 %	1Q/18
GDP per capita	4350 USD	2019
Gross National Product	32738372 MNT Million \| 11.484 B USD	2019
GDP Constant Prices	5414950 MNT Million \| 1.899 B USD	4Q/20
GDP per capita PPP	12310 USD	2019
GDP From Agriculture	775072 MNT Million \| 0.272 B USD	3Q/20
GDP From Construction	132867 MNT Million \| 0.047 B USD	3Q/20
GDP From Manufacturing	328351 MNT Million \| 0.115 B USD	3Q/20
GDP From Mining	988359 MNT Million \| 0.347 B USD	3Q/20
GDP From Services	1065468 MNT Million \| 0.374 B USD	3Q/20
GDP From Transport	318446 MNT Million \| 0.112 B USD	3Q/20
GDP From Utilities	59318 MNT Million \| 0.021 B USD	3Q/20

Budget Indicators

Indicator	Data	Period
Government Debt to GDP	55 %	2018
Government Budget Value	-112770 MNT Million \| -0.04 USD Billion	Feb/21
Government Spending	978002 MNT Million \| 0.343 USD Billion	4Q/20
Government Revenues	1720551 MNT Million \| 0.604 USD Billion	Feb/21
Fiscal Expenditure	1734074 MNT Million \| 0.608 B USD	Feb/21
Government Budget to GDP	-11.5 %	2020
Military Expenditure	97.1 USD Million \| 0.097 B USD	2019

Inflation Indicators

Indicator	Data	Period
Consumer Price Index (CPI)	128 index points	Feb/21
Food Inflation	8.9 %	Feb/21
Inflation Rate YoY	2.5 %	Mar/21
Producer Prices	147 index points	Feb/21
Inflation Rate Mom	0.6 %	Mar/21
Producer Prices Change	9 %	Feb/21

Trade Indicators

Indicator	Data	Period
Current Account to GDP	-12.3 %	2020
Balance of Trade	412 USD Million \| 0.412 USD Billion	Feb/21
Capital Flows	-242 USD Million \| -0.242 USD Billion	Feb/21
Current Account	-28.77 USD Million \| -0.029 USD Billion	Feb/21
Exports	1335 USD Million \| 1.335 USD Billion	Feb/21
External Debt	32161914 USD Thousand \| 32.162 B USD	4Q/20
Foreign Exchange Reserves	3870 USD Million \| 3.87 USD Billion	Nov/20
Imports	922 USD Million \| 0.922 USD Billion	Feb/21

Money Indicators

Indicator	Data	Period
Gold Reserves	8.16 Tonnes	4Q/20
Interbank Rate	7.17 %	Nov/20
Interest Rate	6 %	Feb/21
Money Supply M1	4197435 MNT Million \| 1.472 USD Billion	Dec/20
Money Supply M2	24220048 MNT Million \| 8.496 USD Billion	Dec/20
Central Bank Balance Sheet	5516625 MNT Million \| 1.935 B USD	Nov/20
Deposit Interest Rate	8.4 %	Dec/20
Foreign Direct Investment	23802 USD Million \| 23.802 B USD	3Q/20

Labor Indicators

Indicator	Data	Period
Retirement Age Men	60	2020
Retirement Age Women	55	2020
Unemployment Rate	7.6 %	4Q/20
Wages	1269 MNT Thou/Month \| 445.134 USD/Month	3Q/20
Employed Persons	1175986 Person \| 1.176 Million Person	3Q/20
Employment Rate	54.7 %	3Q/20
Labor Force Participation Rate	59 %	3Q/21
Unemployed Persons	92616 Persons \| 0.093 Million Persons	3Q/20
Wages in Manufacturing	1243 MNT Thousand/Month \| 436.013 USD/Month	3Q/20

Taxes

Indicator	Data	Period
Corporate Tax Rate	25 %	2020
Personal Income Tax Rate	10 %	2019
Sales Tax Rate	10 %	2020
Social Security Rate	26 %	2020
Social Security Rate For Companies	14.5 %	2020
Social Security Rate For Employees	11.5 %	2020

Production Indicators

Indicator	Data	Period
Crude Oil Production	17 BBL/D/1K	Dec/20
Electricity Production	680 GWh	Dec/20
Industrial Production	-9.6 %	Jul/20
Mining Production	-7.6 %	Jun/20
Industrial Production (MoM)	9.1 %	Jun/20

Business Indicators

Indicator	Data	Period
Corruption Index	35 index points	2020
Corruption Rank	111 place	2020
Ease of Doing Business	81 place	2019
Manufacturing Production	0.6 %	Jun/20
Competitiveness Index	52.61 Index Points	2019
Competitiveness Rank	102	2019

Consumer Indicators

Indicator	Data	Period
Consumer Spending	2915970 MNT Million \| 1.023 USD Billion	4Q/20

Gold Reserves

gold_reserve_icon

8.16

Tonnes

#64 from 114 countries

Foreign Exchange Reserves

gold_reserve_icon

3.87

USD Billion

#89 from 114 countries

Government Budget Value

balance_icon

-0.04

USD Billion

#24 from 113 countries

Inflation Rate

inflation_icon

2.5

%

#22 from 174 countries

Interest Rate

discount_rate_icon

6

%

#25 from 159 countries

Bank Lending Rate

credit_rate_icon

N/A%

#N/A from N/A countries

Unemployment Rate

unemployment_icon

7.6

%

#44 from 171 countries

Wages

salary_icon

445.134

USD/Month

#65 from 82 countries

Retirement Age

man_icon

woman_icon

60

55

men

women

Taxes

company_icon

private_icon

25%

10%

company profits

income of individuals

1

2

3

4

5

6

7

8

9

10