The Gross Domestic Product (GDP) in Mongolia was worth 20.33 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Mongolia represents 0.02 percent of the world economy. This dataset provides - Mongolia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic shows the gross domestic product (GDP) in current prices in Mongolia which is approximately 25.80 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025Between 1980 and 2025 a total increase by approximately 23.08 billion U.S. dollars can be observed. This increase however did not happen continuously.Continuous rise between 2025 and 2030The GDP will lie at around 36.66 billion U.S. dollars in 2030, according to forecasts. There is an overall increase by approximately 10.85 billion U.S. dollars since 2025. This growth reflects a steady upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The Gross Domestic Product (GDP) in Mongolia expanded 2.40 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Mongolia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mongolia GDP for 2023 was 19.87 billion US dollars, a 15.9% increase from 2022.

<ul style='margin-top:20px;'>

<li>Mongolia GDP for 2022 was <strong>17.15 billion US dollars</strong>, a <strong>12.17% increase</strong> from 2021.</li>
<li>Mongolia GDP for 2021 was <strong>15.29 billion US dollars</strong>, a <strong>14.82% increase</strong> from 2020.</li>
<li>Mongolia GDP for 2020 was <strong>13.31 billion US dollars</strong>, a <strong>6.29% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

According to this statistic, the growth of the real gross domestic product (GDP) in Mongolia is approximately 6.04 percent in 2025.Fluctuating decline between 1980 and 2025A total decrease by approximately 0.40 percentage points can be seen between 1980 and 2025. This decrease however did not happen continuously.Fluctuating decline between 2025 and 2030The growth will be about 5 percent in 2030, according to forecasts. From 2025 onwards, there is an overall decrease by approximately 1.04 percentage points.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

Gross Domestic Product (GDP): Year to Date: Inner Mongolia data was reported at 581.600 RMB bn in Mar 2025. This records a decrease from the previous number of 2,631.460 RMB bn for Dec 2024. Gross Domestic Product (GDP): Year to Date: Inner Mongolia data is updated quarterly, averaging 474.014 RMB bn from Dec 1992 (Median) to Mar 2025, with 108 observations. The data reached an all-time high of 2,631.460 RMB bn in Dec 2024 and a record low of 18.521 RMB bn in Mar 2000. Gross Domestic Product (GDP): Year to Date: Inner Mongolia data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: by Province: Quarterly.

The Gross Domestic Product per capita in Mongolia was last recorded at 4456.54 US dollars in 2023. The GDP per Capita in Mongolia is equivalent to 35 percent of the world's average. This dataset provides - Mongolia GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Domestic Product (GDP): per Capita: Inner Mongolia data was reported at 110,011.000 RMB in 2024. This records an increase from the previous number of 102,677.000 RMB for 2023. Gross Domestic Product (GDP): per Capita: Inner Mongolia data is updated yearly, averaging 1,291.000 RMB from Dec 1952 (Median) to 2024, with 73 observations. The data reached an all-time high of 110,011.000 RMB in 2024 and a record low of 173.000 RMB in 1952. Gross Domestic Product (GDP): per Capita: Inner Mongolia data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product per Capita.

GDP, billion currency units in Mongolia, March, 2025 The most recent value is 19045.44 billion Mongolian Tugrik as of Q1 2025, a decline compared to the previous value of 23346.83 billion Mongolian Tugrik. Historically, the average for Mongolia from Q1 2005 to Q1 2025 is 6894.28 billion Mongolian Tugrik. The minimum of 479.51 billion Mongolian Tugrik was recorded in Q1 2005, while the maximum of 23346.83 billion Mongolian Tugrik was reached in Q4 2024. | TheGlobalEconomy.com

This statistic shows the gross domestic product (GDP) per capita in Mongolia which stands at approximately 7.20 thousand U.S. dollars in 2025.Fluctuating rise between 1990 and 2025Compared to the earliest depicted observation from 1990 this is a total increase by approximately 5.91 thousand U.S. dollars. The trajectory from 1990 to 2025 shows however that this increase did not happen continuously.Continuous rise between 2025 and 2030The GDP per capita will stand at around 9.69 thousand U.S. dollars in 2030, according to forecasts. There is an overall increase by approximately 2.49 thousand U.S. dollars since 2025. This growth reflects a steady upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Mongolia gdp growth rate for 2023 was 7.02%, a 1.99% increase from 2022.

<ul style='margin-top:20px;'>

<li>Mongolia gdp growth rate for 2022 was <strong>5.03%</strong>, a <strong>3.4% increase</strong> from 2021.</li>
<li>Mongolia gdp growth rate for 2021 was <strong>1.64%</strong>, a <strong>6.19% increase</strong> from 2020.</li>
<li>Mongolia gdp growth rate for 2020 was <strong>-4.56%</strong>, a <strong>10.16% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Gross Domestic Product (GDP): Inner Mongolia data was reported at 619.300 RMB bn in Sep 2024. This records an increase from the previous number of 607.900 RMB bn for Jun 2024. Gross Domestic Product (GDP): Inner Mongolia data is updated quarterly, averaging 568.542 RMB bn from Mar 2022 (Median) to Sep 2024, with 10 observations. The data reached an all-time high of 694.965 RMB bn in Dec 2022 and a record low of 515.500 RMB bn in Mar 2022. Gross Domestic Product (GDP): Inner Mongolia data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: by Province: Quarterly.

GDP: Inner Mongolia: Primary Industry data was reported at 287.260 RMB bn in 2024. This records an increase from the previous number of 273.700 RMB bn for 2023. GDP: Inner Mongolia: Primary Industry data is updated yearly, averaging 8.908 RMB bn from Dec 1952 (Median) to 2024, with 73 observations. The data reached an all-time high of 287.260 RMB bn in 2024 and a record low of 0.864 RMB bn in 1952. GDP: Inner Mongolia: Primary Industry data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: Inner Mongolia.

Mongolia GDP: Agriculture data was reported at 975,051.223 MNT mn in Dec 2024. This records a decrease from the previous number of 1,528,565.750 MNT mn for Sep 2024. Mongolia GDP: Agriculture data is updated quarterly, averaging 749,994.283 MNT mn from Mar 2010 (Median) to Dec 2024, with 60 observations. The data reached an all-time high of 3,239,738.009 MNT mn in Jun 2023 and a record low of 47,800.750 MNT mn in Mar 2010. Mongolia GDP: Agriculture data remains active status in CEIC and is reported by National Statistics Office of Mongolia. The data is categorized under Global Database’s Mongolia – Table MN.A008: SNA 2008: GDP: by Industry: Current Price.

Full Year GDP Growth in Mongolia decreased to 4.90 percent in 2024 from 7.40 percent in 2023. This dataset includes a chart with historical data for Mongolia Full Year GDP Growth.

GDP from Services in Mongolia decreased to 2172254.50 MNT Million in the first quarter of 2025 from 2663429.40 MNT Million in the fourth quarter of 2024. This dataset provides - Mongolia Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The latest data from show economic growth of 2.37 percent, which is a decrease from the rate of growth of 4.86 percent in the previous quarter and
a decrease compared to the growth rate of 7.94 percent in the same quarter last year. The economic growth time series for Mongolia cover the period...

GDP: Inner Mongolia: Secondary Industry data was reported at 1,160.440 RMB bn in 2024. This records a decrease from the previous number of 1,170.400 RMB bn for 2023. GDP: Inner Mongolia: Secondary Industry data is updated yearly, averaging 8.572 RMB bn from Dec 1952 (Median) to 2024, with 73 observations. The data reached an all-time high of 1,170.400 RMB bn in 2023 and a record low of 0.137 RMB bn in 1952. GDP: Inner Mongolia: Secondary Industry data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: Inner Mongolia.

The Gross Domestic Product (GDP) in Mongolia expanded 6.10 percent in the first quarter of 2018 over the previous quarter. This dataset provides - Mongolia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, government revenue in Mongolia amounted to **** percent of the nation's gross domestic product (GDP). This represented an increase from the previous year, when the government revenue in Mongolia accounted for **** percent of the country's GDP.