Mongolia GDP Annual Growth Rate: 5.5%

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH, 2024)

Mongolia GDP Forecast: 5.5% in 2024, 7.0% projected for 2025.

Based on a 5-year average, Mongolia is estimated to grow by an average compound annual growth rate of 5.2% through to 2030.

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GDP Annual Growth Rate (%):


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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Key Indicators for Mongolia

Comprehensive economic data including GDP, growth rates, debt levels, and population figures

Indicator Value Year See more
GDP Data Quality Rating    B 2025 View
Population Data Quality Rating    B 2025 View
Governance Rating    C 2025 View
       
GDP (PPP)
Base Year Adjusted + Informal Economy
$84bn 2025 View
GDP (Current / Nominal Prices) $23bn 2025 View
GDP (Constant Prices / Real) $18bn 2025 View
GDP Growth Rate 7.0% 2025 View
GDP Debt to GDP Ratio 37.8% 2025 View
       
GDP per Capita (PPP)
Base Year Adjusted + Informal Economy
$21,229 2025 View
GDP per Capita (Current / Nominal) $6,473 2025 View
GDP per Capita (Constant / Real) $4,940 2025 View
GDP per Capita Growth Rate 5.8% 2025 View
       
Population Size 3.47 million 2025 View
Fertility Rate 2.3% 2025 View
Workforce Size 1.33 million 2025 View
       
Carbon Emissions (per Capita) 13.66 tCO2e 2023 View
Methane Emissions (per Capita) 9.11 tCO2e 2023 View
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MONGOLIA'S ECONOMICS
MONGOLIA'S DEMOGRAPHY
MONGOLIA'S ENVIRONMENT, SOCIAL & GOVERNANCE
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