Annual growth of exports of goods and services in Mongolia
Mongolia: Annual growth of exports of goods and services was 0.8% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Mongolia, 2011–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of exports of goods and services in Mongolia is 0.8%, measured in 2024.
Compared with earlier readings it 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 115th of 176 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 | % | Change |
|---|---|---|
| 2011 | 18.2% | — |
| 2012 | 8.3% | -54.5% |
| 2013 | 12.8% | +54.7% |
| 2014 | 53.2% | +314.1% |
| 2015 | 0.1% | -99.8% |
| 2016 | 15.5% | +12833.3% |
| 2017 | 3.7% | -76.2% |
| 2018 | 6.1% | +64.5% |
| 2019 | 12.0% | +97.4% |
| 2020 | -5.3% | -143.9% |
| 2021 | -14.6% | +178.1% |
| 2022 | 32.3% | -320.6% |
| 2023 | 33.2% | +2.8% |
| 2024 | 0.8% | -97.7% |
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)
- Households and NPISHs Final consumption expenditure (current LCU) 16.13 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 1,825 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 12.97 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 9.2 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.501 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3,561 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 8.58 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.661 current US$ per US$ of GDP (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 0.8% in 2024, according to World Bank – processed by Our World in Data.
- 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 115th out of 176 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 World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).