Mongolia vs Northern Europe: Gross Domestic Product — Value US$, annual growth rate
Mongolia
16.04 % change on previous year
in 2024
Northern Europe
6.15 % change on previous year
in 2024
Mongolia rank
14th
Northern Europe rank
12th
Gross Domestic Product — Value US$, annual growth rate over time
- Mongolia
- Northern Europe
How they compare
Mongolia currently reports 16.04 % change on previous year against 6.15 % change on previous year in Northern Europe, a difference of 9.89 % change on previous year.
That makes Mongolia's figure about 2.6 times Northern Europe's.
The two have swapped places 21 times across 54 shared years of data; in 1971 it was Northern Europe ahead.
Mongolia ranks 14th and Northern Europe ranks 12th of 236 countries.
Across the 6 decades both report, Mongolia averaged higher in 4 and Northern Europe in 2.
Head to head by decade
| Decade | Mongolia | Northern Europe | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 12.78 % change on previous year | 15.12 % change on previous year | 2.33 % change on previous year | Northern Europe |
| 1980s | 11.32 % change on previous year | 8.02 % change on previous year | 3.3 % change on previous year | Mongolia |
| 1990s | -2.94 % change on previous year | 5.7 % change on previous year | 8.64 % change on previous year | Northern Europe |
| 2000s | 16.56 % change on previous year | 5.39 % change on previous year | 11.17 % change on previous year | Mongolia |
| 2010s | 11.42 % change on previous year | 1.94 % change on previous year | 9.48 % change on previous year | Mongolia |
| 2020s | 10.53 % change on previous year | 5.03 % change on previous year | 5.5 % 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$, annual growth rate, Mongolia or Northern Europe?
- Mongolia, at 16.04 % change on previous year against 6.15 % change on previous year in Northern Europe as of 2024.
- What is the difference in gross domestic product — value us$, annual growth rate between Mongolia and Northern Europe?
- 9.89 % change on previous year, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Northern Europe?
- 54 years are reported by both, from 1971 to 2024.
- How do Mongolia and Northern Europe rank globally for gross domestic product — value us$, annual growth rate?
- Mongolia ranks 14th and Northern Europe ranks 12th of 236 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value US$, 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.