Korea, Democratic People's Republic of vs Mongolia: Gross domestic product (GDP) by world region

Korea, Democratic People's Republic of
40.49 billion international-$ in 2011 prices
in 2022
Mongolia
44.81 billion international-$ in 2011 prices
in 2022
Korea, Democratic People's Republic of rank
115th
Mongolia rank
114th

Gross domestic product (GDP) by world region over time

  • Korea, Democratic People's Republic of
  • Mongolia
010.0B20.0B30.0B40.0B50.0B182019212022

How they compare

Mongolia currently reports 44.81 billion international-$ in 2011 prices against 40.49 billion international-$ in 2011 prices in Korea, Democratic People's Republic of, a difference of 4.32 billion international-$ in 2011 prices.

That makes Mongolia's figure about 1.1 times Korea, Democratic People's Republic of's.

The two have swapped places 1 time across 33 shared years of data; in 1990 it was Korea, Democratic People's Republic of ahead.

Korea, Democratic People's Republic of ranks 115th and Mongolia ranks 114th of 166 countries.

Across the 4 decades both report, Korea, Democratic People's Republic of averaged higher in 3 and Mongolia in 1.

Head to head by decade

Decade Korea, Democratic People's Republic of Mongolia Difference Ahead
1990s 41.65 billion international-$ in 2011 prices 5.06 billion international-$ in 2011 prices 36.58 billion international-$ in 2011 prices Korea, Democratic People's Republic of
2000s 41.08 billion international-$ in 2011 prices 12.61 billion international-$ in 2011 prices 28.46 billion international-$ in 2011 prices Korea, Democratic People's Republic of
2010s 43.64 billion international-$ in 2011 prices 34.77 billion international-$ in 2011 prices 8.87 billion international-$ in 2011 prices Korea, Democratic People's Republic of
2020s 40.54 billion international-$ in 2011 prices 43.15 billion international-$ in 2011 prices 2.61 billion international-$ in 2011 prices Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp) by world region, Korea, Democratic People's Republic of or Mongolia?
Mongolia, at 44.81 billion international-$ in 2011 prices against 40.49 billion international-$ in 2011 prices in Korea, Democratic People's Republic of as of 2022.
What is the difference in gross domestic product (gdp) by world region between Korea, Democratic People's Republic of and Mongolia?
4.32 billion international-$ in 2011 prices, with Mongolia ahead.
How many years of comparable data are there for Korea, Democratic People's Republic of and Mongolia?
33 years are reported by both, from 1990 to 2022.
How do Korea, Democratic People's Republic of and Mongolia rank globally for gross domestic product (gdp) by world region?
Korea, Democratic People's Republic of ranks 115th and Mongolia ranks 114th of 166 countries.
Where does this data come from?
Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as Gross domestic product (GDP) by world region. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Korea, Democratic People's Republic of vs Mongolia: Gross domestic product (GDP) by world region. Statizoid, drawing on Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Retrieved 05 September 2026, from https://economy.statizoid.com/compare/gdp-world-regions-stacked-area/korea-dem-people-s-rep/mongolia/

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About this data

Indicator
Gross domestic product (GDP) by world region
Unit
international-$ in 2011 prices
Source
Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 15,675 data points, 1000–2022
Last refreshed

Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.