Mongolia GDP Annual Growth Rate  1991-2018 | Data | Chart | Calendar

The Mongolian economy expanded 6.1 percent year-on-year in the first quarter of 2018, well above 4.2 percent a year earlier. It is the highest growth rate for the first three months of the year since 2014. Industry and construction rebounded (5.3 percent compared to -2.4 percent a year earlier); services went up 4.9 percent (6.1 percent a year earlier) and agriculture edged up a meager 0.3 percent (4.2 percent a year earlier). On a seasonally adjusted basis, the economy grew 1.6 percent over the previous quarter. GDP Annual 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.

Mongolia GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-11-15 11:00 AM GDP Growth Rate YTD 5.8% 5.3% 4.9%
2018-02-14 10:30 AM GDP Growth Rate YTD 5.1% 5.8% 5%
2018-05-15 08:00 AM GDP Growth Rate YTD 6.1% 5.1% 5%
2018-08-15 08:00 AM GDP Growth Rate YTD 6.1% 5.30%
2018-11-15 11:00 AM GDP Growth Rate YTD 5.8%


Mongolia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 6.10 5.10 17.50 -9.30 percent [+]
GDP Annual Growth Rate 6.10 5.10 17.50 -9.30 percent [+]
GDP 11.16 11.74 12.58 0.77 USD Billion [+]
Gross Fixed Capital Formation 1635801.00 1097825.10 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 4817082.20 4495072.80 4817082.20 1674571.54 MNT Million [+]
Gdp From Agriculture 2252190.30 1827788.80 2252190.30 45958.50 MNT Million [+]
Gdp From Construction 545666.00 273098.00 614243.50 5816.01 MNT Million [+]
Gdp From Manufacturing 1114636.00 737267.10 1114636.00 120048.10 MNT Million [+]
Gdp From Mining 3692752.90 2618950.30 3965582.70 395477.20 MNT Million [+]
Gdp From Services 3464533.50 2621945.30 3464533.50 503792.82 MNT Million [+]
Gdp From Transport 564173.10 216316.00 564173.10 122199.13 MNT Million [+]
Gdp From Utilities 92746.10 51467.90 92746.10 39620.78 MNT Million [+]


Mongolia GDP Annual Growth Rate

Mongolia's services sector is the largest relative to GDP, accounting for 43 percent. However, industry has been expanding heavily in the past years, contributing the most to economic growth and accounting for 34 percent of total output. Finally, agriculture makes up for 13 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.10 5.10 17.50 -9.30 1991 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 7.30 Dec/17
India 7.20 Dec/17
China 6.80 Mar/18
Indonesia 5.06 Mar/18
Canada 2.90 Dec/17
Spain 2.90 Mar/18
United States 2.90 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
Euro Area 2.50 Mar/18
Australia 2.40 Dec/17
Germany 2.30 Mar/18
Brazil 2.10 Dec/17
France 2.10 Mar/18
Switzerland 1.90 Dec/17
Italy 1.40 Mar/18
Russia 1.30 Mar/18
Mexico 1.20 Mar/18
United Kingdom 1.20 Mar/18
Japan 0.90 Mar/18


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