The Gross Domestic Product (GDP) in Mongolia was worth 11.49 billion US dollars in 2017. The GDP value of Mongolia represents 0.02 percent of the world economy. GDP in Mongolia averaged 4.21 USD Billion from 1981 until 2017, reaching an all time high of 12.58 USD Billion in 2013 and a record low of 0.77 USD Billion in 1993.
GDP in Mongolia is expected to be 12.10 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia GDP is projected to trend around 11.80 USD Billion in 2020, according to our econometric models.