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

The Mongolian economy advanced 4.2 percent in the first quarter of 2017, compared to 3.1 percent expansion in the previous year. It was the strongest growth since 2014, as household consumption (3.1 percent from -0.6 percent in Q1 of 2016) and investments (53.2 percent from -3.5 percent) rebounded. In contrast, government spending contracted (-6.3 percent from 16 percent). Also, net external demand contributed negatively, as imports (56.9 percent from 7.3 percent) rose at a faster pace than exports (34.5 percent from 2.5 percent). GDP Annual Growth Rate in Mongolia averaged 5.57 percent from 1991 until 2016, 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 Reference Actual Previous Consensus Forecast (i)
2016-11-14 09:20 AM YTD -1.6% 1.4% 1.0%
2017-02-15 09:10 AM 2016 1% -1.6% -1.2%
2017-05-15 08:00 AM Q1 4.2% 1% 2.5%
2017-08-11 08:00 AM YTD 4.2% 4.49%
2017-11-16 08:00 AM YTD 3.73%




Mongolia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.00 -1.60 17.50 -9.30 percent [+]
GDP Annual Growth Rate 4.20 1.00 17.50 -9.30 percent [+]
GDP 11.74 12.22 12.58 0.77 USD Billion [+]
Gross Fixed Capital Formation 1164399.90 817473.50 2053778.90 328910.20 MNT Million [+]
GDP per capita 3946.30 3920.67 3946.30 1363.65 USD [+]
GDP per capita PPP 11477.83 11403.35 11477.83 3966.20 USD [+]
Gross National Product 21048453.80 20420074.30 21048453.80 12585.90 MNT Million [+]
Gdp Constant Prices 4636233.50 4196066.40 4636233.50 1674571.54 MNT Million [+]
Gdp From Agriculture 444383.60 632662.30 972596.80 45958.52 MNT Million [+]
Gdp From Construction 187095.40 113784.90 310564.10 5816.01 MNT Million [+]
Gdp From Manufacturing 300016.10 251743.90 300016.10 120048.10 MNT Million [+]
Gdp From Mining 1299563.40 1000646.90 1299563.40 395477.20 MNT Million [+]
Gdp From Services 751999.30 907694.00 916270.00 503792.82 MNT Million [+]
Gdp From Transport 487484.60 246648.90 487484.60 122199.13 MNT Million [+]
Gdp From Utilities 92365.20 49962.50 92365.20 39620.78 MNT Million [+]


Mongolia GDP Annual Growth Rate Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.20 1.00 17.50 -9.30 1991 - 2017 percent Quarterly



gdp annual growth rate by Country

Last
India 7.00 Dec/16
China 6.90 Mar/17
Indonesia 5.01 Mar/17
Turkey 3.50 Dec/16
Netherlands 3.40 Mar/17
Spain 3.00 Mar/17
Mexico 2.80 Mar/17
South Korea 2.70 Mar/17
Australia 2.40 Dec/16
United Kingdom 2.00 Mar/17
United States 2.00 Mar/17
Canada 1.90 Dec/16
Euro Area 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.60 Mar/17
France 0.80 Mar/17
Italy 0.80 Mar/17
Switzerland 0.60 Dec/16
Russia 0.50 Mar/17
Brazil -2.50 Dec/16