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Mongolia GDP Data: Value, Growth Rate, Per Capita and Structure

Mongolia GDP Indicators

Indicator Data Period
GDP Value 16.81 USD Billion 2022
GDP Annual Growth Rate 6.4 % 2Q/23
GDP Growth Rate 6.1 % 1Q/18
GDP per capita 4242 USD 2022
GDP Constant Prices 8006797 MNT Million | 2.812 B USD 2Q/23
GDP per capita PPP 12052 USD 2022
GDP From Agriculture  1739068 MNT Million | 0.611 B USD 2Q/23
GDP From Construction  148262 MNT Million | 0.052 B USD 2Q/23
GDP From Manufacturing  491932 MNT Million | 0.173 B USD 2Q/23
GDP From Mining  809709 MNT Million | 0.284 B USD 2Q/23
GDP From Services  2035955 MNT Million | 0.715 B USD 2Q/23
GDP From Transport  293003 MNT Million | 0.103 B USD 2Q/23
GDP From Utilities  165034 MNT Million | 0.058 B USD 2Q/23


Latest data on GDP Value (USD Billion)

GDP Value
                     Mongolia - Historical Data (USD Billion)

What is Mongolia GDP Value?

  • The volume of Gross Domestic Product in Mongolia increased to 16.81 USD Billion in 2022. The maximum volume was 14 USD Billion and minimum was 0.77 USD Billion.
  • Data published Yearly by World Bank.

Historical Data (USD Billion) by years

Data
Period
Date
16.81 2022 30.06.2023
15.29 2021 06.07.2022
13.14 2020 02.07.2021
13.85 2019 06.03.2020
13.01 2018 04.07.2019
11.49 2017 05.07.2018
11 2016 19.06.2018
11.74 2015 31.12.2015


Historical Chart by presidents (USD Billion)

GDP Value in Mongolia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Khaltmaagiin Battulga 10.07.2017 - 11.1600 11.0000 11.1600 11.0000 -1.43%
Tsakhiagiin Elbegdorj 18.06.2009 - 10.07.2017 4.5800 11.1600 12.5800 4.5800 143.67%
Nambaryn Enkhbayar 24.06.2005 - 18.06.2009 2.5200 5.6200 5.6200 2.5200 123.02%
Natsagiin Bagabandi 20.06.1997 - 24.06.2005 1.1800 1.9900 1.9900 1.0600 68.64%
Punsalmaagiin Ochirbat 12.02.1992 - 20.06.2005 1.3200 1.9900 1.9900 0.7700 50.76%


Latest data on GDP Annual Growth Rate (%)

GDP Annual Growth Rate
                     Mongolia - Historical Data (%)

What is annual GDP growth rate in Mongolia?

  • GDP Annual Growth Rate in Mongolia increased by 6.4 % in the second quarter of 2023. The maximum growth was 17.5 % and minimum was -10.7 %
  • Data published Quarterly by National Statistical Office.

Historical Data (%) by years

Data
Period
Date
6.4 2Q/23 18.08.2023
7.9 1Q/23 17.05.2023
4.7 4Q/22 17.02.2023
3.7 3Q/22 17.11.2022
1.9 2Q/22 25.08.2022
-3.8 1Q/22 20.05.2022
1.4 4Q/21 18.02.2022
3.6 3Q/21 18.01.2022


Historical Chart by YoY presidents (%)

GDP Annual Growth Rate in Mongolia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Khaltmaagiin Battulga 10.07.2017 - 6.1000 6.1000 6.1000 6.1000 0.00%
Tsakhiagiin Elbegdorj 18.06.2009 - 10.07.2017 -1.3000 5.3000 17.5000 -1.6000 -507.69%
Nambaryn Enkhbayar 24.06.2005 - 18.06.2009 7.3000 8.9000 10.2000 7.3000 21.92%
Natsagiin Bagabandi 20.06.1997 - 24.06.2005 3.9000 10.6000 10.6000 1.1000 171.79%
Punsalmaagiin Ochirbat 12.02.1992 - 20.06.2005 -9.3000 10.6000 10.6000 -9.3000 -213.98%


Latest data on GDP Growth Rate (%)

GDP Growth Rate
                     Mongolia - Historical Data (%)

What is Mongolia GDP Growth Rate 2024?

  • GDP Growth Rate in Mongolia increased by 6.1 % in the first quarter of 2018 over the previous quarter. The maximum growth rate was % and minimum was %.
  • Data published Quarterly by National Statistical Office.

Historical Data (%) by years

Data
Period
Date
6.1 1Q/18 21.06.2018
5.3 2Q/17 30.06.2017
4.2 1Q/17 31.03.2017
1 4Q/16 31.12.2016
-1.6 3Q/16 30.09.2016
1.5 2Q/16 30.06.2016
3 1Q/16 31.03.2016
2.4 4Q/15 31.12.2015


Historical Chart by QoQ presidents (%)

GDP Growth Rate in Mongolia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Khaltmaagiin Battulga 10.07.2017 - 6.1000 6.1000 6.1000 6.1000 0.00%
Tsakhiagiin Elbegdorj 18.06.2009 - 10.07.2017 -1.3000 5.3000 17.5000 -1.6000 -507.69%
Nambaryn Enkhbayar 24.06.2005 - 18.06.2009 7.3000 8.9000 10.2000 7.3000 21.92%
Natsagiin Bagabandi 20.06.1997 - 24.06.2005 3.9000 10.6000 10.6000 1.1000 171.79%
Punsalmaagiin Ochirbat 12.02.1992 - 20.06.2005 -9.3000 10.6000 10.6000 -9.3000 -213.98%


Latest data on GDP per capita (USD)

GDP per capita
                     Mongolia - Historical Data (USD)

What is Mongolia GDP per capita?

  • GDP per capita in Mongolia increased to 4242 USD in 2022. The maximum level was 4353 USD and minimum was 1364 USD.
  • Data published Yearly by World Bank.

Historical Data (USD) by years

Data
Period
Date
4242 2022 30.06.2023
4107 2021 12.07.2022
4127 2020 02.07.2021
4350 2019 06.07.2020
4198 2018 04.07.2019
4071.09 2017 07.07.2018
3894.9 2016 11.08.2017
3922.8 2015 31.12.2015


Historical Chart by presidents (USD)

GDP per capita in Mongolia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Khaltmaagiin Battulga 10.07.2017 - 3894.9000 3894.9000 3894.9000 3894.9000 0.00%
Tsakhiagiin Elbegdorj 18.06.2009 - 10.07.2017 2533.2000 3894.9000 3922.8000 2533.2000 53.75%
Nambaryn Enkhbayar 24.06.2005 - 18.06.2009 2079.1000 2604.9000 2604.9000 2079.1000 25.29%
Natsagiin Bagabandi 20.06.1997 - 24.06.2005 1524.9000 1961.5000 1961.5000 1524.9000 28.63%
Punsalmaagiin Ochirbat 12.02.1992 - 20.06.2005 1420.6000 1961.5000 1961.5000 1363.7000 38.08%


Latest data on GDP Constant Prices (MNT Million)

GDP Constant Prices
                     Mongolia - Historical Data (MNT Million)

What is Mongolia GDP in Constant Prices?

  • Real GDP (Constant Prices) in Mongolia increased to 8006797 MNT Million (2.812 B USD) in the second quarter of 2023. The maximum value was 5503642 MNT Million and minimum was 1711157 MNT Million.
  • Data published Quarterly by National Statistical Office.

Historical Data (MNT Million) by years

Data
Period
Date
8006797 2Q/23 21.08.2023
5621735 1Q/23 17.05.2023
28323912 4Q/22 17.02.2023
7473970 3Q/22 17.11.2022
7582911 2Q/22 19.10.2022
7524486 4Q/21 07.03.2022
3830294 1Q/21 22.05.2021
5414950 4Q/20 27.02.2021


Historical Chart by presidents (MNT Million)

GDP Constant Prices in Mongolia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP per capita PPP (USD)

GDP per capita PPP
                     Mongolia - Historical Data (USD)

What is Mongolia GDP per capita by purchasing power parity?

  • GDP per capita PPP (purchasing power parity) in Mongolia increased to 12052 USD in 2022. The maximum level was 12317 USD and minimum was 3859 USD.
  • Data published Yearly by World Bank.

Historical Data (USD) by years

Data
Period
Date
12052 2022 30.06.2023
11668 2021 07.07.2022
11471 2020 02.07.2021
12310 2019 07.07.2020
12209 2018 29.10.2019
11841 2017 04.07.2019


Historical Chart by presidents (USD)

GDP per capita PPP in Mongolia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Agriculture  (MNT Million)

GDP From Agriculture 
                     Mongolia - Historical Data (MNT Million)

What is Mongolia GDP From Agriculture?

  • GDP From Agriculture in Mongolia increased to 1739068 MNT Million (0.611 B USD) in the second quarter of 2023. The maximum level was 1226529 MNT Million and minimum was 45959 MNT Million
  • Data published Quarterly by National Statistical Office.

Historical Data (MNT Million) by years

Data
Period
Date
1739068 2Q/23 21.08.2023
230322 1Q/23 17.05.2023
4251873 4Q/22 23.02.2023
1188305 3Q/22 17.11.2022
1943036 2Q/22 19.10.2022
733319 4Q/21 22.02.2022
143190 1Q/21 04.06.2021
775072 3Q/20 11.01.2021


Historical Chart by presidents (MNT Million)

GDP From Agriculture  in Mongolia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Construction  (MNT Million)

GDP From Construction 
                     Mongolia - Historical Data (MNT Million)

What is Mongolia GDP From Construction?

  • GDP from Construction in Mongolia increased to 148262 MNT Million (0.052 B USD) in the second quarter of 2023. The maximum level was 344885 MNT Million and minimum was 5816 MNT Million
  • Data published Quarterly by National Statistical Office.

Historical Data (MNT Million) by years

Data
Period
Date
148262 2Q/23 21.08.2023
49396 1Q/23 17.05.2023
890878 4Q/22 23.02.2023
197611 3Q/22 17.11.2022
144998 2Q/22 19.10.2022
381768 4Q/21 22.02.2022
44252 1Q/21 04.06.2021
132867 3Q/20 11.01.2021


Historical Chart by presidents (MNT Million)

GDP From Construction  in Mongolia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Manufacturing  (MNT Million)

GDP From Manufacturing 
                     Mongolia - Historical Data (MNT Million)

What is Mongolia GDP From Manufacturing?

  • GDP from Manufacturing in Mongolia remained unchanged at 491932 MNT Million (0.173 B USD) in the second quarter of 2023. The maximum volume was 611967 MNT Million and minimum was 120048 MNT Million
  • Data published Quarterly by National Statistical Office.

Historical Data (MNT Million) by years

Data
Period
Date
491932 2Q/23 21.08.2023
334403 1Q/23 17.05.2023
2346912 4Q/22 23.02.2023
540730 3Q/22 17.11.2022
455492 2Q/22 19.10.2022
894013 4Q/21 22.02.2022
252632 1Q/21 04.06.2021
328351 3Q/20 11.01.2021


Historical Chart by presidents (MNT Million)

GDP From Manufacturing  in Mongolia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Mining  (MNT Million)

GDP From Mining 
                     Mongolia - Historical Data (MNT Million)

What is Mongolia GDP From Mining?

  • GDP from Mining  in Mongolia decreased to 809709 MNT Million (0.284 B USD) in the second quarter of 2023. The maximum volume was 1299411 MNT Million and minimum was 395477 MNT Million
  • Data published Quarterly by National Statistical Office.

Historical Data (MNT Million) by years

Data
Period
Date
809709 2Q/23 21.08.2023
831350 1Q/23 17.05.2023
3257894 4Q/22 23.02.2023
982535 3Q/22 17.11.2022
593514 2Q/22 19.10.2022
1132963 4Q/21 22.02.2022
861972 1Q/21 04.06.2021
988359 3Q/20 11.01.2021


Historical Chart by presidents (MNT Million)

GDP From Mining  in Mongolia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Services  (MNT Million)

GDP From Services 
                     Mongolia - Historical Data (MNT Million)

What is Mongolia GDP From Services?

  • GDP from Services  in Mongolia increased to 2035955 MNT Million (0.715 B USD) in the second quarter of 2023. The maximum level was 1065468 MNT Million and minimum was 503793 MNT Million
  • Data published Quarterly by National Statistical Office.

Historical Data (MNT Million) by years

Data
Period
Date
2035955 2Q/23 21.08.2023
1947007 1Q/23 17.05.2023
8138300 4Q/22 23.02.2023
2025543 3Q/22 17.11.2022
1978204 2Q/22 19.10.2022
2093419 4Q/21 22.02.2022
960723 1Q/21 04.06.2021
1065468 3Q/20 11.01.2021


Historical Chart by presidents (MNT Million)

GDP From Services  in Mongolia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Transport  (MNT Million)

GDP From Transport 
                     Mongolia - Historical Data (MNT Million)

What is Mongolia GDP From Transport?

  • GDP from Transport  in Mongolia increased to 293003 MNT Million (0.103 B USD) in the second quarter of 2023. The maximum level was 574655 MNT Million and minimum was 122199 MNT Million
  • Data published Quarterly by National Statistical Office.

Historical Data (MNT Million) by years

Data
Period
Date
293003 2Q/23 21.08.2023
255700 1Q/23 17.05.2023
1208102 4Q/22 23.02.2023
400059 3Q/22 17.11.2022
162811 2Q/22 19.10.2022
391994 4Q/21 22.02.2022
177992 1Q/21 04.06.2021
318446 3Q/20 11.01.2021


Historical Chart by presidents (MNT Million)

GDP From Transport  in Mongolia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Utilities  (MNT Million)

GDP From Utilities 
                     Mongolia - Historical Data (MNT Million)

What is Mongolia GDP From Utilities?

  • GDP from Utilities  in Mongolia decreased to 165034 MNT Million (0.058 B USD) in the second quarter of 2023. The maximum level was 117810 MNT Million and minimum was 39621 MNT Million
  • Data published Quarterly by National Statistical Office.

Historical Data (MNT Million) by years

Data
Period
Date
165034 2Q/23 21.08.2023
245308 1Q/23 17.05.2023
760880 4Q/22 23.02.2023
129972 3Q/22 17.11.2022
156087 2Q/22 19.10.2022
236637 4Q/21 22.02.2022
117810 1Q/21 04.06.2021
59318 3Q/20 07.02.2021


Historical Chart by presidents (MNT Million)

GDP From Utilities  in Mongolia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other gdp indicators in Mongolia

Index Updated Actual Previous
Gross National Product 2022 16.275 B USD 13.064

GDP Value in other countries

Country Updated Actual Previous
Bangladesh 2022 460 B USD 416
Jordan 2022 47.45 B USD 45.12
Kyrgyzstan 2022 10.93 B USD 8.74
Mongolia 2022 16.81 B USD 15.29
Nepal 2022 40.83 B USD 36.92
Palestine 2022 19.11 B USD 18.11
Tajikistan 2022 10.49 B USD 8.94
Cambodia 2022 29.96 B USD 26.96
China 2022 17963 B USD 17820
Georgia 2022 24.61 B USD 18.63
India 2022 3385 B USD 3150
Israel 2022 522 B USD 489
Pakistan 2022 377 B USD 348
South Korea 2022 1665 B USD 1811
Taiwan 2021 775 B USD 669
Vietnam 2022 409 B USD 366
Maldives 2022 6.19 B USD 5.41
Armenia 2022 19.5 B USD 13.86
Hong Kong 2022 360 B USD 369
Indonesia 2022 1319 B USD 1187
Japan 2022 4231 B USD 5006
Kazakhstan 2022 221 B USD 197
Lebanon 2021 23.13 B USD 31.71
Macau 2022 21.98 B USD 30.12
Malaysia 2022 406 B USD 373
Philippines 2022 404 B USD 394
Qatar 2022 237 B USD 180
Singapore 2022 467 B USD 424
Sri Lanka 2022 74.4 B USD 88.5
Thailand 2022 495 B USD 506
Oman 2022 115 B USD 88.19
Iran 2022 389 B USD 359
Laos 2022 15.72 B USD 18.83
Azerbaijan 2022 78.72 B USD 54.83
Kuwait 2022 185 B USD 137
Saudi Arabia 2022 1108 B USD 869
Bahrain 2022 44.39 B USD 39.3
North Korea 2015 16.12 B USD 0
United Arab Emirates 2022 508 B USD 415
Yemen 2021 21.06 B USD 18.84
Turkmenistan 2020 45.61 B USD 44.22
Uzbekistan 2022 80.39 B USD 69.6
Iraq 2022 264 B USD 208
Syria 2012 73.67 B USD 59.15
Afghanistan 2021 14.58 B USD 20.14
Bhutan 2021 2.54 B USD 2.33
Brunei 2022 16.68 B USD 14.01
Mauritius 2022 12.9 B USD 11.48