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Economy of Mongolia. Statistics, Data and Indicators

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


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



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