Annual growth of exports of goods and services in Mongolia
Mongolia: Annual growth of exports of goods and services was 0.7% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Mongolia, 2011–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of exports of goods and services in Mongolia is 0.7%, measured in 2024.
The figure is down 97.7% on the previous year and down 98.6% over ten years.
Over the whole period, annual growth of exports of goods and services in Mongolia peaked at 53.2% in 2014 and was at its lowest, -14.6%, in 2021.
Mongolia ranks 120th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 18.2% | — |
| 2012 | 8.3% | -54.5% |
| 2013 | 12.8% | +54.6% |
| 2014 | 53.2% | +314.1% |
| 2015 | 0.1% | -99.8% |
| 2016 | 15.5% | +12652.6% |
| 2017 | 3.7% | -76.2% |
| 2018 | 6.1% | +64.4% |
| 2019 | 12.0% | +97.3% |
| 2020 | -5.3% | -144.0% |
| 2021 | -14.6% | +178.0% |
| 2022 | 32.3% | -320.5% |
| 2023 | 33.2% | +2.8% |
| 2024 | 0.7% | -97.7% |
Mongolia compared with similar countries
- Mongolia's 0.7% is below the median for upper middle income countries, which is 3.1%, 24% of the median. (46 countries reporting)
- Mongolia's 0.7% is below the median for East Asia & Pacific, which is 7.3%, 10% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Annual growth of exports of goods and services in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +12652.6% | 0.1% | 15.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.4% | 0.1% | 53.2% | 9 |
| 2020s | 9.3% | -14.6% | 33.2% | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 55.47 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0023 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.78 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 23.79 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1169 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 789.32 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Mongolia?
- Annual growth of exports of goods and services in Mongolia was 0.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of exports of goods and services recorded in Mongolia?
- The highest recorded value was 53.2% in 2014.
- What is the lowest annual growth of exports of goods and services recorded in Mongolia?
- The lowest recorded value was -14.6% in 2021.
- How does Mongolia rank for annual growth of exports of goods and services?
- Mongolia ranks 120th out of 186 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Mongolia?
- Over the last ten years it is down 98.6%. 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 growth of exports of goods and services (%). Statizoid updates them automatically from the source API.
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