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.

Mongolia GDP
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Mongolia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 6.10 5.10 17.50 -9.30 percent [+]
GDP Annual Growth Rate 6.40 6.30 17.50 -9.30 percent [+]
GDP 11.49 11.18 12.58 0.77 USD Billion [+]
Gross Fixed Capital Formation 1389912.70 1384939.20 2053778.90 328910.20 MNT Million [+]
GDP per capita 4071.09 3906.10 4071.09 1363.70 USD [+]
GDP per capita PPP 11840.80 11361.00 11840.80 3966.20 USD [+]
Gross National Product 24103349.30 22316313.00 24103349.30 12585.90 MNT Million [+]
GDP Constant Prices 4801719.00 4791554.60 4823427.80 1674571.54 MNT Million [+]
GDP From Agriculture 698142.10 1024271.20 1024271.20 45958.52 MNT Million [+]
GDP From Construction 116966.70 146926.00 310573.50 5816.01 MNT Million [+]
GDP From Manufacturing 318222.70 292467.10 368798.10 120048.10 MNT Million [+]
GDP From Mining 1052038.40 822298.40 1294584.90 395477.20 MNT Million [+]
GDP From Services 1020182.70 889765.10 1020182.70 503792.82 MNT Million [+]
GDP From Transport 319189.70 241046.50 549805.00 122199.13 MNT Million [+]
GDP From Utilities 57692.60 65953.60 100654.10 39620.78 MNT Million [+]


Mongolia GDP

The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Mongolia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia GDP - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
11.49 11.18 12.58 0.77 1981 - 2017 USD Billion Yearly
Current USD




Country Last Previous
United States 19390.60 Dec/17
Euro Area 12589.50 Dec/17
China 12237.70 Dec/17
Japan 4872.14 Dec/17
Germany 3677.44 Dec/17
United Kingdom 2622.43 Dec/17
India 2597.49 Dec/17
France 2582.50 Dec/17
Brazil 2055.51 Dec/17
Italy 1934.80 Dec/17
Canada 1653.04 Dec/17
Russia 1577.52 Dec/17
South Korea 1530.75 Dec/17
Australia 1323.42 Dec/17
Spain 1311.32 Dec/17
Mexico 1149.92 Dec/17
Indonesia 1015.54 Dec/17
Turkey 851.10 Dec/17
Netherlands 826.20 Dec/17
Saudi Arabia 683.83 Dec/17
Switzerland 678.89 Dec/17
Argentina 637.59 Dec/17
South Africa 349.42 Dec/17
Singapore 323.91 Dec/17


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