Mongolia GDP Annual Growth Rate  1991-2017 | Data | Chart | Calendar

The Mongolian economy advanced 5.8 percent in the first nine months of 2017, compared to a 9.1 percent expansion in the same period of 2016. It was the highest growth rate since 2014. The services sector which constitutes 42 percent of the total GDP increased 7.2 percent, while industry and construction (32 percent of total) and agriculture (15 percent of total) expanded 0.8 percent and 4.5 percent respectively. GDP Annual Growth Rate in Mongolia averaged 5.44 percent from 1991 until 2017, 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.

Mongolia GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-05-15 08:00 AM GDP Growth Rate YoY 4.2% 1% 2.5%
2017-08-15 08:00 AM GDP Growth Rate YoY 5.3% 4.2% 4.49%
2017-11-15 11:00 AM GDP Growth Rate YTD 5.8% 5.3% 4.9%


Mongolia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 5.80 5.30 17.50 -9.30 percent [+]
GDP Annual Growth Rate 5.80 5.30 17.50 -9.30 percent [+]
GDP 11.16 11.74 12.58 0.77 USD Billion [+]
Gross Fixed Capital Formation 1097825.10 1016639.50 2053778.90 328910.20 MNT Million [+]
GDP per capita 3894.90 3922.80 3922.80 1363.70 USD [+]
GDP per capita PPP 11328.50 11409.40 11409.40 3966.20 USD [+]
Gross National Product 22266868.80 21251431.70 22266868.80 12585.90 MNT Million [+]
Gdp Constant Prices 4492239.70 4504393.60 4655945.40 1674571.54 MNT Million [+]
Gdp From Agriculture 674604.90 1025846.40 1025846.40 45958.52 MNT Million [+]
Gdp From Construction 109215.80 139478.30 310573.50 5816.01 MNT Million [+]
Gdp From Manufacturing 312080.70 250465.20 312080.70 120048.10 MNT Million [+]
Gdp From Mining 1044799.10 810325.20 1295306.70 395477.20 MNT Million [+]
Gdp From Services 951264.50 835008.40 951264.50 503792.82 MNT Million [+]
Gdp From Transport 216316.00 233101.10 472910.40 122199.13 MNT Million [+]
Gdp From Utilities 51467.90 60883.70 91158.70 39620.78 MNT Million [+]


Mongolia GDP Annual Growth Rate

Mongolia's services sector is the largest relative to GDP, accounting for 48 percent. However, industry has been expanding heavily in the past years, contributing the most to economic growth and accounting for 37 percent of total output. Finally, agriculture makes up for 15 percent of total GDP. This page provides - Mongolia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.80 5.30 17.50 -9.30 1991 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
China 6.80 Sep/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.06 Sep/17
Canada 3.70 Jun/17
South Korea 3.60 Sep/17
Spain 3.10 Sep/17
Netherlands 3.00 Sep/17
Germany 2.80 Sep/17
Euro Area 2.50 Sep/17
United States 2.30 Sep/17
France 2.20 Sep/17
Australia 1.80 Jun/17
Italy 1.80 Sep/17
Russia 1.80 Sep/17
Japan 1.70 Sep/17
Mexico 1.60 Sep/17
United Kingdom 1.50 Sep/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17