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Economy of Mongolia. Statistics, Data and Indicators

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


Mongolia Major Economic Indicators

Indicator Data Period
GDP Value 13.5 USD Billion 2019
GDP Annual Growth Rate 5.1 % 4Q/19
GDP Growth Rate 6.1 % 1Q/18
GDP per capita 4198 USD 2018
Inflation Rate YoY 6.4 % Feb/20
Interest Rate 10 % Mar/20
Unemployment Rate 8.1 % 4Q/19
Wages 1166 MNT Thou/Month | 421.894 USD/Month 3Q/19
Balance of Trade 35 USD Million | 0.035 B USD Feb/20
Current Account -277 USD Million | -0.277 B USD Jan/20
Foreign Exchange Reserves 4016 USD Million | 4.016 B USD Nov/19


GDP
vvp
13.5
USD Billion
#133 from 174 countries
GDP per capita
vvp
4198
USD
#103 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 13.5 USD Billion 2019
GDP Annual Growth Rate 5.1 % 4Q/19
GDP Growth Rate 6.1 % 1Q/18
GDP per capita 4198 USD 2018
Gross National Product 28564176 MNT Million | 10.335 B USD 2018
GDP Constant Prices 5383315 MNT Million | 1.948 B USD 4Q/19
GDP per capita PPP 12209 USD 2018
GDP From Agriculture  601899 MNT Million | 0.218 B USD 4Q/19
GDP From Construction  336902 MNT Million | 0.122 B USD 4Q/19
GDP From Manufacturing  547603 MNT Million | 0.198 B USD 4Q/19
GDP From Mining  1073578 MNT Million | 0.388 B USD 4Q/19
GDP From Services  958247 MNT Million | 0.347 B USD 4Q/19
GDP From Transport  564840 MNT Million | 0.204 B USD 4Q/19
GDP From Utilities  109162 MNT Million | 0.039 B USD 4Q/19


Budget Indicators

Indicator Data Period
Government Debt to GDP 55 % 2018
Government Budget Value 627771 MNT Million | 0.227 USD Billion Dec/19
Government Spending 812408 MNT Million | 0.294 USD Billion 4Q/19
Government Revenues 11936638 MNT Million | 4.319 USD Billion Dec/19
Fiscal Expenditure  11429392 MNT Million | 4.135 B USD Dec/19
Government Budget to GDP -3.4 % 2018
Military Expenditure 90 USD Million | 0.09 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 125 index points Feb/20
Food Inflation 10.3 % Feb/20
Inflation Rate YoY 6.4 % Feb/20
Producer Prices 136 index points Feb/20
Inflation Rate Mom 1.2 % Feb/20
Producer Prices Change  0.3 % Feb/20


Trade Indicators

Indicator Data Period
Current Account to GDP -14.6 % 2018
Balance of Trade 35 USD Million | 0.035 USD Billion Feb/20
Capital Flows -108 USD Million | -0.108 USD Billion Jan/20
Current Account -277 USD Million | -0.277 USD Billion Jan/20
Exports 312 USD Million | 0.312 USD Billion Feb/20
External Debt 30677880 USD Thousand | 30.678 B USD 4Q/19
Foreign Exchange Reserves 4016 USD Million | 4.016 USD Billion Nov/19
Imports 277 USD Million | 0.277 USD Billion Feb/20


Money Indicators

Indicator Data Period
Gold Reserves 17.92 Tonnes 4Q/19
Interbank Rate 10.84 % Jan/20
Interest Rate 10 % Mar/20
Money Supply M1 3904158 MNT Million | 1.413 USD Billion Dec/19
Money Supply M2 20833778 MNT Million | 7.538 USD Billion Dec/19
Central Bank Balance Sheet 3525393 MNT Million | 1.276 B USD Dec/19
Deposit Interest Rate 10.5 % Dec/19
Foreign Direct Investment 22312 USD Million | 22.312 B USD 4Q/19


Labor Indicators

Indicator Data Period
Retirement Age Men 60 2018
Retirement Age Women 55 2018
Unemployment Rate 8.1 % 4Q/19
Wages 1166 MNT Thou/Month | 421.894 USD/Month 3Q/19
Employed Persons 1188440 Person | 1.188 Million Person 4Q/19
Employment Rate  54.2 % 3Q/19
Labor Force Participation Rate 60.7 % 4Q/19
Unemployed Persons 105139 Persons | 0.105 Million Persons 4Q/19
Wages in Manufacturing 1196 MNT Thousand/Month | 432.748 USD/Month 3Q/19


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 20 BBL/D/1K Nov/19
Electricity Production 651 GWh Dec/19
Industrial Production -9.7 % Feb/20
Mining Production -29.3 % Dec/19
Industrial Production (MoM) 0.6 % Feb/20


Business Indicators

Indicator Data Period
Corruption Index 35 index points 2019
Corruption Rank 106 place 2019
Ease of Doing Business 81 place 2019
Manufacturing Production 0.3 % Dec/19
Competitiveness Index 52.61 Index Points 2019
Competitiveness Rank 102 2019


Consumer Indicators

Indicator Data Period
Consumer Spending 3179374 MNT Million | 1.15 USD Billion 4Q/19


Gold Reserves
gold_reserve_icon
17.92
Tonnes
#64 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
4.016
USD Billion
#89 from 114 countries


Government Budget Value
balance_icon
0.227
USD Billion
#24 from 113 countries
Inflation Rate
inflation_icon
6.4
%
#22 from 174 countries


Interest Rate
discount_rate_icon
10
%
#25 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
8.1
%
#44 from 171 countries
Wages
salary_icon
421.894
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