The economy of Mongolia contracted 3.8% year-on-year in the first three months of 2022, the first decline in five quarters. source: National Statistical Office of Mongolia
GDP Annual Growth Rate in Mongolia averaged 6.03 percent from 1991 until 2022, reaching an all time high of 20.60 percent in the third quarter of 2011 and a record low of -10.10 percent in the first quarter of 2020. This page provides - Mongolia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
GDP Annual Growth Rate in Mongolia is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia GDP Annual Growth Rate is projected to trend around 6.00 percent in 2023, according to our econometric models.