Mongolia vs World: Merchandise trade as a proportion of GDP
Mongolia
115.1%
in 2024
World
44.0%
in 2024
Mongolia rank
23rd
World rank
22nd
Merchandise trade as a proportion of GDP over time
- Mongolia
- World
How they compare
Mongolia currently reports 115.1% against 44.0% in World, a difference of 71.1%.
That makes Mongolia's figure about 2.6 times World's.
Across all 25 years both countries report, Mongolia has been ahead every year.
Mongolia ranks 23rd and World ranks 22nd of 218 countries.
Mongolia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Mongolia | World | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 93.3% | 42.5% | 50.9% | Mongolia |
| 2010s | 89.4% | 45.5% | 43.8% | Mongolia |
| 2020s | 112.2% | 44.8% | 67.4% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Mongolia or World?
- Mongolia, at 115.1% against 44.0% in World as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Mongolia and World?
- 71.1%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and World?
- 25 years are reported by both, from 2000 to 2024.
- How do Mongolia and World rank globally for merchandise trade as a proportion of gdp?
- Mongolia ranks 23rd and World ranks 22nd of 218 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Merchandise trade as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.