Markets Actual Q1 Q2 Q3 Q4 2020
Stock Market (points) 21579.42 21260 20965 20674 20385 19822
Currency 2612.00 2623 2631 2639 2648 2664
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 6.90 5.4 5.7 6.1 6.3 5
Unemployment Rate (%) 6.60 8.5 8.2 8.6 8.8 8.3
Inflation Rate (%) 7.30 8.2 7.9 7.5 8.1 6
Interest Rate (%) 11.00 10 10 10 10 8
Balance of Trade (USD Million) 103.30 95 105 135 205 220
Current Account (USD Million) -356.10 -50 -80.9 -103 -120 -95
Current Account to GDP (%) -10.40 -10.8 -10.8 -10.8 -10.8 -5.2
Government Debt to GDP (%) 79.40 83 83 83 83 80
Government Budget (% of GDP) -17.00 -4.2 -4.2 -4.2 -4.2 -2.1
Personal Income Tax Rate (%) 10.00 10 10 10 10 10
Corporate Tax Rate (%) 25.00 25 25 25 25 25
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 6.90 5.4 5.7 6.1 6.3 5
GDP (USD Billion) 11.49 12.8 12.8 12.8 12.8 12.8
Gross Fixed Capital Formation (MNT Million) 1700942.30 960901 1424410 1432305 1477477 1551351
GDP per capita (USD) 4071.09 4312 4312 4312 4312 4459
GDP per capita PPP (USD) 11840.80 12340 12340 12340 12340 12970
Gross National Product (MNT Million) 24103349.30 24754140 24790295 24838501 25621860 26902953
GDP Constant Prices (MNT Million) 5215564.60 3331076 4928114 4948171 5104227 5359439
GDP From Agriculture (MNT Million) 483616.20 130895 1053463 719435 742125 779231
GDP From Construction (MNT Million) 269196.10 37704 155301 124102 124336 130552
GDP From Manufacturing (MNT Million) 467411.10 194065 300802 327928 338271 355184
GDP From Mining (MNT Million) 1269647.60 835497 869169 1116213 1118317 1174233
GDP From Services (MNT Million) 893184.10 908786 915123 1051298 1084454 1138677
GDP From Transport (MNT Million) 567307.80 240190 247916 328925 339299 356264
GDP From Utilities (MNT Million) 99041.50 103372 67833 59452 61327 64394
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 6.60 8.5 8.2 8.6 8.8 8.3
Unemployed Persons 92400.00 120900 121200 119900 119000 120000
Labor Force Participation Rate (%) 61.30 62.1 62.3 62.5 62.1 62.5
Population (Million) 3.18 3.25 3.25 3.25 3.24 3.3
Wages (MNT Thousand/Month) 1025.60 1040 1055 1063 1080 1110
Wages In Manufacturing (MNT Thousand/Month) 1163.60 1084 1099 1083 1190 1250
Retirement Age Men 60.00 60 60 60 60 60
Retirement Age Women 55.00 55 55 55 55 55
Employed Persons 1238900.00 1234000 1247000 1254000 1267000 1300000
Employment Rate (%) 57.00 55.4 55.3 55.7 56.1 55.5
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 7.30 8.2 7.9 7.5 8.1 6
Inflation Rate Mom (%) 0.60 0.7 0.8 0.9 0.7 0.5
Producer Prices (Index Points) 120.10 289 166 158 153 176
Producer Prices Change (%) 8.10 16.9 16.8 16.4 16.3 15
Consumer Price Index Cpi (Index Points) 116.00 189 192 190 191 203
Food Inflation (%) 10.80 8.4 10.2 8.6 7.3 5.5
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 11.00 10 10 10 10 8
Interbank Rate (%) 10.79 9.03 9.03 9.03 9.03 9.03
Banks Balance Sheet (MNT Million) 31033349.26 29700000 29900000 30600000 30880000 32000000
Deposit Interest Rate (%) 12.96 11.96 11.96 11.96 11.96 11.96
Money Supply M1 (MNT Million) 3447022.30 3700000 3730000 3820000 3850000 3900000
Money Supply M2 (MNT Million) 18651362.70 18100000 18250000 18300000 18500000 19400000
Foreign Exchange Reserves (USD Million) 2894.00 3350 3390 3420 3490 3600
Central Bank Balance Sheet (MNT Million) 8577379.30 7400000 7405000 7420000 7440000 7510000
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) 103.30 95 105 135 205 220
Current Account (USD Million) -356.10 -50 -80.9 -103 -120 -95
Current Account to GDP (%) -10.40 -10.8 -10.8 -10.8 -10.8 -5.2
Exports (USD Million) 607.00 605 580 565 690 730
Imports (USD Million) 504.00 510 475 430 485 510
Foreign Direct Investment (USD Million) 19379.30 19300 19650 19900 20000 20100
Capital Flows (USD Million) -285.50 -19 37 59 85 91
Gold Reserves (Tonnes) 15.10 3.3 3.4 3.2 3.3 3.3
Remittances (USD Million) 11.80 16.3 15.7 16.2 16.3 17
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 79.40 83 83 83 83 80
Government Budget (% of GDP) -17.00 -4.2 -4.2 -4.2 -4.2 -2.1
Government Revenues (MNT Million) 10062542.40 2000000 3700000 5700000 8250000 8500000
Military Expenditure (USD Million) 90.20 89.5 89.5 89.5 89.5 90.4
Government Spending (MNT Million) 655597.80 562858 659112 530587 531587 558167
Government Budget Value (MNT Million) 11933.60 -100000 -450000 -300000 -900000 -840000
Fiscal Expenditure (MNT Million) 9222928.50 2100000 4150000 6000000 9150000 9340000
Taxes Actual Q1 Q2 Q3 Q4 2020
Personal Income Tax Rate (%) 10.00 10 10 10 10 10
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 10.00 10 10 10 10 10
Social Security Rate (%) 23.00 23 23 23 23 23
Social Security Rate For Companies (%) 13.00 13 13 13 13 13
Social Security Rate For Employees (%) 10.00 10 10 10 10 10
Business Actual Q1 Q2 Q3 Q4 2020
Industrial Production (%) 11.10 2.5 8.32 2.9 3.5 4.1
Manufacturing Production (%) 22.40 12.2 11.6 17.4 2.8 3.7
Mining Production (%) 10.00 -0.8 -1.9 3.4 10.9 12.4
Industrial Production Mom (%) -2.10 1.5 1.7 1.9 2.2 1.1
Electricity Production (Gigawatt-hour) 592.20 507 366 397 575 583
Changes In Inventories (MNT Million) 804787.30 542000 510000 424000 405000 400200
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Spending (MNT Million) 2431073.30 2261075 2434898 2481115 2559365 2687333
Housing Actual Q1 Q2 Q3 Q4 2020
Housing Index (Index Points) 1.03 1.04 1.04 1.05 1.06 1.06


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Mongolia Third Party Notification If 1 Worker Is Dismissed - was last updated on Sunday, February 17, 2019.