Mongolia GDP Annual Growth Rate: 5.5% (2024)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Mongolia is estimated to be $16 Billion US dollars at the end of 2024.

The economy of Mongolia has grown at an average annual growth rate of 4.9% in the last four years and is ranked the 40th largest economy in Asia-Pacific, ahead of Papua New Guinea.

World Economics Rates Mongolia's Offical GDP Data as Grade B

GDP Annual Growth Rate: Mongolia


Source: World Bank, World Economics
0 0 0 Mongolia|#FE1800|8.34213611505781, 5.83403795449493, 5.93341945270095, 5.71287226080142, 9.37499451271672, 3.45864847134953, 5.10797231165017, 4.17819574333862, -3.18446017825207, -8.69354473126558, -9.25646570382904, -3.16879155027824, 2.13438269473237, 6.3764268864666, 2.23509384338665, 3.89671358377919, 3.33993659935817, 3.07036901086266, 1.14606213709108, 2.95271054338117, 4.73297846590111, 7.00463457384886, 10.6254059599309, 7.25366543796015, 8.55623481664365, 10.2480163590057, 8.90036794067551, -1.26859893608282, 6.3651616786311, 17.2907775869555, 12.3198198494032, 11.6489161878925, 7.88522548204762, 2.37983580731722, 1.48978448679577, 5.63687638694772, 7.74488062024881, 5.60224422064255, -4.55775197583431, 1.63676957736662, 5.0327096366527, 7.4221127615025, 5.478 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
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
Real GDP (US$ Billions, 2010) 14 14 16 16
Real GDP per Capita (US$, 2010) 4,064 4,206 4,457 4,671
Current GDP (Billions, US$) 15 17 20 21
Current GDP per Capita (US$) 4,518 4,994 5,839 6,120
Real GDP PPP (Billions, 2017) 50 53 56 59
Real GDP per Capita PPP (int$ 2017) 11,733 11,853 12,275 13,481
Data Quality Rating for Mongolia See how much you can trust Mongolia's GDP Data





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