Asia vs Mongolia: Gross Domestic Product — Value US$, annual growth rate
Asia
5.54 % change on previous year
in 2024
Mongolia
16.04 % change on previous year
in 2024
Asia rank
14th
Mongolia rank
14th
Gross Domestic Product — Value US$, annual growth rate over time
- Asia
- Mongolia
How they compare
Mongolia currently reports 16.04 % change on previous year against 5.54 % change on previous year in Asia, a difference of 10.5 % change on previous year.
That makes Mongolia's figure about 2.9 times Asia's.
The two have swapped places 15 times across 54 shared years of data; in 1971 it was Asia ahead.
Asia ranks 14th and Mongolia ranks 14th of 30 groups.
Across the 6 decades both report, Asia averaged higher in 2 and Mongolia in 4.
Head to head by decade
| Decade | Asia | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 18.13 % change on previous year | 12.78 % change on previous year | 5.35 % change on previous year | Asia |
| 1980s | 8.88 % change on previous year | 11.32 % change on previous year | 2.44 % change on previous year | Mongolia |
| 1990s | 5.53 % change on previous year | -2.94 % change on previous year | 8.47 % change on previous year | Asia |
| 2000s | 7.72 % change on previous year | 16.56 % change on previous year | 8.83 % change on previous year | Mongolia |
| 2010s | 6.37 % change on previous year | 11.42 % change on previous year | 5.05 % change on previous year | Mongolia |
| 2020s | 4.28 % change on previous year | 10.53 % change on previous year | 6.25 % change on previous year | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product — value us$, annual growth rate, Asia or Mongolia?
- Mongolia, at 16.04 % change on previous year against 5.54 % change on previous year in Asia as of 2024.
- What is the difference in gross domestic product — value us$, annual growth rate between Asia and Mongolia?
- 10.5 % change on previous year, with Mongolia ahead.
- How many years of comparable data are there for Asia and Mongolia?
- 54 years are reported by both, from 1971 to 2024.
- How do Asia and Mongolia rank globally for gross domestic product — value us$, annual growth rate?
- Asia ranks 14th and Mongolia ranks 14th of 30 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value US$, 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 — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.