The Gross Domestic Product (GDP) in Mongolia was worth 13.50 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Mongolia represents 0.01 percent of the world economy.

GDP in Mongolia averaged 4.67 USD Billion from 1981 until 2019, reaching an all time high of 13.50 USD Billion in 2019 and a record low of 0.77 USD Billion in 1993. This page provides - Mongolia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia GDP - values, historical data and charts - was last updated on May of 2020. source: World Bank

GDP in Mongolia is expected to reach 14.60 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia GDP is projected to trend around 15.30 USD Billion in 2021 and 16.20 USD Billion in 2022, according to our econometric models.

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Mongolia GDP

Actual Previous Highest Lowest Dates Unit Frequency
13.50 13.01 13.50 0.77 1981 - 2019 USD Billion Yearly
Current USD

Mongolia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 6.10 5.10 17.50 -9.30 percent [+]
GDP Annual Growth Rate -10.70 5.10 17.50 -10.70 percent [+]
GDP 13.50 13.01 13.50 0.77 USD Billion [+]
Gross Fixed Capital Formation 1826715.70 1824142.40 2053778.90 328910.20 MNT Million [+]
GDP per capita 4197.80 3996.10 4197.80 1363.70 USD [+]
GDP per capita PPP 12209.20 11622.90 12209.20 3966.20 USD [+]
Gross National Product 28564174.70 23951371.70 28564174.70 12585.90 MNT Million [+]
GDP Constant Prices 5383314.90 5010124.90 5383314.90 1674571.54 MNT Million [+]
GDP From Agriculture 601898.60 716450.60 1083025.10 45958.52 MNT Million [+]
GDP From Construction 336901.50 137550.40 336901.50 5816.01 MNT Million [+]
GDP From Manufacturing 547603.20 334280.00 547603.20 120048.10 MNT Million [+]
GDP From Mining 1073577.50 1043521.60 1294584.90 395477.20 MNT Million [+]
GDP From Services 958247.20 1024137.90 1024137.90 503792.82 MNT Million [+]
GDP From Transport 564840.20 370644.00 567307.80 122199.13 MNT Million [+]
GDP From Utilities 109161.50 61792.50 109161.50 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.
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