The Gross Domestic Product (GDP) in Mongolia was worth 13.85 billion US dollars in 2019, according to official data from the World Bank. The GDP value of Mongolia represents 0.01 percent of the world economy. source: World Bank

GDP in Mongolia averaged 4.68 USD Billion from 1981 until 2019, reaching an all time high of 13.85 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 June of 2021.

GDP in Mongolia is expected to reach 13.20 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 13.70 USD Billion in 2021 and 14.00 USD Billion in 2022, according to our econometric models.

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Mongolia GDP

Actual Previous Highest Lowest Dates Unit Frequency
13.85 13.11 13.85 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 15.70 -5.30 17.50 -10.70 percent [+]
GDP 13.85 13.11 13.85 0.77 USD Billion [+]
Gross Fixed Capital Formation 1402597.70 1291506.60 2053778.90 328910.20 MNT Million [+]
GDP per capita 4350.20 4210.90 4350.20 1363.70 USD [+]
GDP per capita PPP 12309.80 11915.60 12309.80 3858.80 USD [+]
Gross National Product 32738370.90 29089260.20 32738370.90 12585.90 MNT Million [+]
GDP Constant Prices 3830293.50 5414950.20 5503642.20 1711157.40 MNT Million [+]
GDP From Agriculture 143189.70 539653.40 1226528.80 45958.52 MNT Million [+]
GDP From Construction 44252.30 315531.30 344884.60 5816.01 MNT Million [+]
GDP From Manufacturing 252631.70 611966.70 611966.70 120048.10 MNT Million [+]
GDP From Mining 861972.10 1299410.90 1299410.90 395477.20 MNT Million [+]
GDP From Services 960722.80 880220.50 1065468.10 503792.82 MNT Million [+]
GDP From Transport 177991.90 475702.50 574655.00 122199.13 MNT Million [+]
GDP From Utilities 117810.20 109544.90 117810.20 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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