Least developed countries vs Mongolia: GDP growth
GDP growth over time
- Least developed countries
- Mongolia
How they compare
Mongolia currently reports 6.8% against 4.3% in Least developed countries, a difference of 2.5%.
That makes Mongolia's figure about 1.6 times Least developed countries's.
The two have swapped places 14 times across 44 shared years of data; in 1982 it was Mongolia ahead.
Least developed countries ranks 20th and Mongolia ranks 22nd of 45 groups.
Across the 5 decades both report, Least developed countries averaged higher in 1 and Mongolia in 4.
Head to head by decade
| Decade | Least developed countries | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 2.4% | 6.0% | 3.6% | Mongolia |
| 1990s | 2.7% | -0.3% | 3.0% | Least developed countries |
| 2000s | 5.8% | 6.0% | 0.2% | Mongolia |
| 2010s | 4.5% | 7.8% | 3.4% | Mongolia |
| 2020s | 3.1% | 3.6% | 0.5% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp growth, Least developed countries or Mongolia?
- Mongolia, at 6.8% against 4.3% in Least developed countries as of 2025.
- What is the difference in gdp growth between Least developed countries and Mongolia?
- 2.5%, with Mongolia ahead.
- How many years of comparable data are there for Least developed countries and Mongolia?
- 44 years are reported by both, from 1982 to 2025.
- How do Least developed countries and Mongolia rank globally for gdp growth?
- Least developed countries ranks 20th and Mongolia ranks 22nd of 45 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP growth (annual %). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.