Industrial production in Mongolia increased 11.1 percent year-on-year in January 2019, slowing from a 21.5 percent rise in the previous month. Output sharply slowed for mining & quarrying (8.7 percent vs 24.1 percent), amid a decline in extraction of crude petroleum (-5.9 percent vs 71 percent) and for electricity, thermal energy & water supply (8.1 percent vs 10.7 percent). In contrast, production rose faster for manufacturing (22.6 percent vs 17.2 percent), mainly manufacture of wood and wooden products (147.2 percent vs 45.8 percent). On a monthly basis, industrial production went down 2.1 percent, after a 2.0 percent growth in the prior month. Industrial Production in Mongolia averaged 8.07 percent from 1982 until 2019, reaching an all time high of 33.40 percent in August of 2015 and a record low of -27.70 percent in December of 1990.

Industrial Production in Mongolia is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Mongolia to stand at 3.50 in 12 months time. In the long-term, the Mongolia Industrial Production is projected to trend around 4.10 percent in 2020, according to our econometric models.

Mongolia Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-15 11:00 AM Industrial Production YoY 17% 0.7% 1.2%
2018-12-12 09:00 AM Industrial Production YoY 11.3% 17% 2%
2019-01-15 09:00 AM Industrial Production YoY 21.5% 11.3% 2.2%
2019-02-15 10:30 AM Industrial Production YoY 11.1% 21.5% 17%
2019-03-13 08:00 AM Industrial Production YoY
2019-04-12 09:30 AM Industrial Production YoY 2.5%
2019-05-15 08:00 AM Industrial Production YoY


Mongolia Business Last Previous Highest Lowest Unit
Industrial Production 11.10 21.50 33.40 -27.70 percent [+]
Manufacturing Production 22.40 17.20 53.70 -25.70 percent [+]
Internet Speed 6625.86 6786.06 8570.84 239.06 KBps [+]
IP Addresses 31363.00 28598.00 54433.00 5239.00 IP [+]
Mining Production 10.00 24.10 50.90 -14.30 percent [+]
Industrial Production Mom -2.10 2.00 21.10 -10.00 percent [+]
Ease of Doing Business 74.00 62.00 89.00 56.00 [+]
Electricity Production 592.20 534.90 592.20 140.52 Gigawatt-hour [+]
Changes In Inventories 804787.30 583532.90 1068720.90 -32428.00 MNT Million [+]
Competitiveness Index 52.74 52.94 52.94 3.43 Points [+]
Competitiveness Rank 99.00 95.00 117.00 89.00 [+]
Corruption Index 37.00 36.00 43.00 27.00 Points [+]
Corruption Rank 93.00 103.00 120.00 43.00 [+]


Mongolia Industrial Production

This page provides - Mongolia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Industrial Production - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
11.10 21.50 33.40 -27.70 1982 - 2019 percent Monthly
2010=100; SA




Country Last Previous
Argentina -14.70 Dec/18
Australia 2.80 Sep/18
Brazil -3.60 Dec/18
Canada 4.20 Oct/18
China 5.70 Dec/18
Euro Area -4.20 Dec/18
France -1.40 Dec/18
Germany -3.90 Dec/18
India 2.40 Dec/18
Indonesia 0.60 Oct/18
Italy -5.50 Dec/18
Japan -1.90 Dec/18
Mexico -2.50 Dec/18
Netherlands 0.40 Nov/18
Russia 1.10 Jan/19
Saudi Arabia 5.84 Jun/18
Singapore 2.70 Dec/18
South Africa 0.10 Dec/18
South Korea 1.60 Dec/18
Spain -6.20 Dec/18
Switzerland 1.40 Sep/18
Turkey -9.80 Dec/18
United Kingdom -0.90 Dec/18
United States 3.80 Jan/19


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