The Gross Domestic Product (GDP) in Mongolia was worth 23.59 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Mongolia represents 0.02 percent of the world economy. source: World Bank

GDP in Mongolia averaged 6.19 USD Billion from 1981 until 2024, reaching an all time high of 23.59 USD Billion in 2024 and a record low of 0.77 USD Billion in 1993. This page provides - Mongolia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia GDP - values, historical data and charts - was last updated on September of 2025.

GDP in Mongolia is expected to reach 24.77 USD Billion by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia GDP is projected to trend around 26.40 USD Billion in 2026 and 27.96 USD Billion in 2027, according to our econometric models.


Components Last Previous Unit Reference
GDP from Agriculture 1722418.40 235043.10 MNT Million Jun 2025
GDP from Construction 242710.90 64087.90 MNT Million Jun 2025
GDP from Manufacturing 546306.50 363014.00 MNT Million Jun 2025
GDP from Mining 967981.60 921615.20 MNT Million Jun 2025
GDP from Services 2352934.30 2160636.30 MNT Million Jun 2025
GDP from Transport 297605.90 287934.20 MNT Million Jun 2025
GDP from Utilities 189200.70 278907.70 MNT Million Jun 2025

Related Last Previous Unit Reference
GDP 23.59 20.33 USD Billion Dec 2024
GDP per Capita 4615.44 4456.54 USD Dec 2024
GDP per Capita PPP 16801.31 16222.86 USD Dec 2024



Mongolia GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Actual Previous Highest Lowest Dates Unit Frequency
23.59 20.33 23.59 0.77 1981 - 2024 USD Billion Yearly
Current USD

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