Armenia vs Mongolia: Gross domestic product (GDP), annual growth rate
Armenia
10.73 % change on previous year
in 2023
Mongolia
11.24 % change on previous year
in 2023
Armenia rank
10th
Mongolia rank
8th
Gross domestic product (GDP), annual growth rate over time
- Armenia
- Mongolia
How they compare
Mongolia currently reports 11.24 % change on previous year against 10.73 % change on previous year in Armenia, a difference of 0.51 % change on previous year.
The two have swapped places 13 times across 31 shared years of data; in 1993 it was Armenia ahead.
Armenia ranks 10th and Mongolia ranks 8th of 184 countries.
Across the 4 decades both report, Armenia averaged higher in 1 and Mongolia in 3.
Head to head by decade
| Decade | Armenia | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -0.8524 % change on previous year | 3.09 % change on previous year | 3.95 % change on previous year | Mongolia |
| 2000s | 7.62 % change on previous year | 11.58 % change on previous year | 3.96 % change on previous year | Mongolia |
| 2010s | 7.35 % change on previous year | 7.58 % change on previous year | 0.2262 % change on previous year | Mongolia |
| 2020s | 4.45 % change on previous year | 3.98 % change on previous year | 0.4662 % change on previous year | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), annual growth rate, Armenia or Mongolia?
- Mongolia, at 11.24 % change on previous year against 10.73 % change on previous year in Armenia as of 2023.
- What is the difference in gross domestic product (gdp), annual growth rate between Armenia and Mongolia?
- 0.51 % change on previous year, with Mongolia ahead.
- How many years of comparable data are there for Armenia and Mongolia?
- 31 years are reported by both, from 1993 to 2023.
- How do Armenia and Mongolia rank globally for gross domestic product (gdp), annual growth rate?
- Armenia ranks 10th and Mongolia ranks 8th of 184 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross domestic product (GDP), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.