Annual GDP growth in Mongolia
Mongolia: Annual GDP growth was 5.1% in 2024. β Volatile
Annual GDP growth in Mongolia, 2000β2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual gdp growth in Mongolia is 5.1%, measured in 2024.
Compared with earlier readings it is down 31.0% on the previous year and down 35.0% over ten years.
Over the whole period, annual gdp growth in Mongolia peaked at 17.3% in 2011 and was at its lowest, -4.6%, in 2020.
That places Mongolia 32nd out of 197 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.0% | -1.3% | 10.6% | 10 |
| 2010s | 7.8% | 1.5% | 17.3% | 10 |
| 2020s | 2.9% | -4.6% | 7.4% | 5 |
Countries ranked near Mongolia
More economy & growth data for Mongolia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.08 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.17 Percent per annum (2029)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0002 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 4,871 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 3,557 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0003 (2025)
- Gdp worldbank constant usd, annual growth rate 6.84 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.6868 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 4,882 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Mongolia?
- Annual gdp growth in Mongolia was 5.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Mongolia?
- The highest recorded value was 17.3% in 2011.
- What is the lowest annual gdp growth recorded in Mongolia?
- The lowest recorded value was -4.6% in 2020.
- How does Mongolia rank for annual gdp growth?
- Mongolia ranks 32nd out of 197 countries with data for 2024.
- Is annual gdp growth rising or falling in Mongolia?
- Over the last ten years it is down 35.0%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).