Least Developed Countries (LDCs) vs Mongolia: Gross Domestic Product — Value US$, annual growth rate
Gross Domestic Product — Value US$, annual growth rate over time
- Least Developed Countries (LDCs)
- Mongolia
How they compare
Mongolia currently reports 16.04 % change on previous year against 5.94 % change on previous year in Least Developed Countries (LDCs), a difference of 10.1 % change on previous year.
That makes Mongolia's figure about 2.7 times Least Developed Countries (LDCs)'s.
The two have swapped places 14 times across 54 shared years of data; in 1971 it was Mongolia ahead.
Least Developed Countries (LDCs) ranks 13th and Mongolia ranks 14th of 30 groups.
Across the 6 decades both report, Least Developed Countries (LDCs) averaged higher in 1 and Mongolia in 5.
Head to head by decade
| Decade | Least Developed Countries (LDCs) | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 11.14 % change on previous year | 12.78 % change on previous year | 1.64 % change on previous year | Mongolia |
| 1980s | 3.55 % change on previous year | 11.32 % change on previous year | 7.78 % change on previous year | Mongolia |
| 1990s | 2.13 % change on previous year | -2.94 % change on previous year | 5.07 % change on previous year | Least Developed Countries (LDCs) |
| 2000s | 12.24 % change on previous year | 16.56 % change on previous year | 4.32 % change on previous year | Mongolia |
| 2010s | 6.88 % change on previous year | 11.42 % change on previous year | 4.54 % change on previous year | Mongolia |
| 2020s | 5.49 % change on previous year | 10.53 % change on previous year | 5.04 % 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$, annual growth rate, Least Developed Countries (LDCs) or Mongolia?
- Mongolia, at 16.04 % change on previous year against 5.94 % change on previous year in Least Developed Countries (LDCs) as of 2024.
- What is the difference in gross domestic product — value us$, annual growth rate between Least Developed Countries (LDCs) and Mongolia?
- 10.1 % change on previous year, with Mongolia ahead.
- How many years of comparable data are there for Least Developed Countries (LDCs) and Mongolia?
- 54 years are reported by both, from 1971 to 2024.
- How do Least Developed Countries (LDCs) and Mongolia rank globally for gross domestic product — value us$, annual growth rate?
- Least Developed Countries (LDCs) ranks 13th and Mongolia ranks 14th of 30 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value US$, 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.