Mongolia vs Western Europe: Annual GDP growth

Mongolia
5.1%
in 2024
Western Europe
0.4%
in 2024
Mongolia rank
32nd
Western Europe rank
34th

Annual GDP growth over time

  • Mongolia
  • Western Europe
-5051015200020122024

How they compare

Mongolia currently reports 5.1% against 0.4% in Western Europe, a difference of 4.7%.

That makes Mongolia's figure about 12.4 times Western Europe's.

The two have swapped places 5 times across 25 shared years of data; in 2000 it was Western Europe ahead.

Mongolia ranks 32nd and Western Europe ranks 34th of 196 countries.

Mongolia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Mongolia Western Europe Difference Ahead
2000s 6.0% 1.3% 4.7% Mongolia
2010s 7.8% 1.7% 6.1% Mongolia
2020s 2.9% 0.7% 2.2% Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual gdp growth, Mongolia or Western Europe?
Mongolia, at 5.1% against 0.4% in Western Europe as of 2024.
What is the difference in annual gdp growth between Mongolia and Western Europe?
4.7%, with Mongolia ahead.
How many years of comparable data are there for Mongolia and Western Europe?
25 years are reported by both, from 2000 to 2024.
How do Mongolia and Western Europe rank globally for annual gdp growth?
Mongolia ranks 32nd and Western Europe ranks 34th of 196 countries.
Where does this data come from?
United Nations Statistics Division, SDG Global Database, published as Annual GDP growth (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Mongolia vs Western Europe: Annual GDP growth. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/annual-gdp-growth-percent/mongolia/western-europe/

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About this data

Indicator
Annual GDP growth (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
252 places, 6,105 data points, 2000–2024
Last refreshed