Mongolia GDP: $21 Billion

GROSS DOMESTIC PRODUCT (CURRENT MARKET PRICES)

Mongolia GDP Forecast: $21 Billion in 2024, $22.9 Billion projected for 2025 (Current Market Prices).

GDP in Mongolia is estimated to be $21 Billion US dollars at the end of 2024 in GDP current price terms.

Looking ahead to 2025, projections suggest Mongolia's 2025 GDP estimate could be $22.9 Billion. This Mongolia GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 7.0%.

The economy of Mongolia has grown at an average annual growth rate of 15.0% in the last four years and is ranked the 40th largest economy in Asia-Pacific, ahead of Papua New Guinea.

See the full Mongolia data sheet covering Economics, Demographics and ESG

Current GDP (US$): Mongolia


Source: World Bank, World Economics
Notes: Current Market Prices
0 0 0 Mongolia|#FE1800|2101394100, 2310099100, 2552401933.33333, 2725736633.33333, 2098734600, 2186505475, 2896178866.66667, 3020611600, 3204461566.66667, 3576966800, 2560785660, 2379018326.31579, 1317611863.84977, 768401634.154573, 925817092.217484, 1452165005.2384, 1345719472.35883, 1180934202.83801, 1124440204.84738, 1057408588.68269, 1136896123.61298, 1267997934.3125, 1396555719.97409, 1595297355.78349, 1992066808.09598, 2523471601.10421, 3414055661.61598, 4234999703.90059, 5623216608.04288, 4583850367.88972, 7189481998.90094, 10409797377.8571, 12292770631.565, 12582122604.2577, 12226514668.0622, 11619892590.6941, 11181350649.3573, 11480847740.736, 13178094720.4986, 14206359017.5143, 13312981429.089, 15286441737.6686, 17146471713.748, 20325121393.9074, 21438531543.8656 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024,








 





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Economic Indicators: Mongolia 2021 2022 2023 2024
Current GDP (Billions, US$) 15 17 20 21
Current GDP per Capita (US$) 4,518 4,994 5,839 6,120
Real GDP (US$ Billions, 2010) 14 14 16 16
Real GDP per Capita (US$, 2010) 4,064 4,206 4,457 4,671
Real GDP PPP (Billions, 2017) 50 53 56 59
Real GDP per Capita PPP (int$ 2017) 11,733 11,853 12,275 13,481
GDP Annual Growth Rate (%) 1.6 5.0 7.4 5.5
GDP per Capita Annual Growth Rate (%) -0.1 3.5 6.0 4.8
Data Quality Rating for Mongolia See how much you can trust Mongolia's GDP Data




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MONGOLIA'S ECONOMICS
MONGOLIA'S DEMOGRAPHY
MONGOLIA'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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