GDP Growth Rate in Mongolia is expected to be 5.60 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 5.70 in 12 months time. In the long-term, the Mongolia GDP Growth Rate YoY is projected to trend around 5.00 percent in 2020, according to our econometric models.


Forecast Data Chart
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Mongolia GDP Last Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Growth Rate 6.1 5.2 5.4 5.7 6.1 5
GDP Annual Growth Rate 6.3 6.2 5.4 5.7 6.1 5
GDP 11.49 12.1 12.8 12.8 12.8 11.8
Gross Fixed Capital Formation 1384939 1755285 986163 1463881 1469420 1959161
GDP per capita 4071 4208 4312 4312 4312 4459
GDP per capita PPP 11841 12051 12340 12340 12340 12970
Gross National Product 24103349 25597757 25404930 25477240 25573654 28570936
GDP Constant Prices 4793828 5122480 3418650 5067076 5086251 5717456
GDP From Agriculture 1024271 448014 134336 1082655 1086752 500051
GDP From Construction 146926 296839 37704 155301 155888 331317
GDP From Manufacturing 292467 391664 199167 309138 310308 437155
GDP From Mining 822298 1162384 835497 869169 872459 1297395
GDP From Services 889765 903821 932678 940482 944041 1008800
GDP From Transport 241046 583893 246505 254786 255750 651712
GDP From Utilities 68227 99365 106089 72116 72389 110906