The Gross Domestic Product (GDP) in Mongolia expanded 6.10 percent in the first quarter of 2018 over the previous quarter.
GDP Growth Rate in Mongolia averaged 5.45 percent from 1991 until 2018, reaching an all time high of 17.50 percent in the fourth quarter of 2011 and a record low of -9.30 percent in the fourth quarter of 1992. This page provides - Mongolia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia GDP Growth Rate YoY - values, historical data and charts - was last updated on September of 2020.
GDP Growth Rate in Mongolia is expected to be 6.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Mongolia to stand at 5.00 in 12 months time. In the long-term, the Mongolia GDP Growth Rate YoY is projected to trend around 5.00 percent in 2021, according to our econometric models.