Annual growth of households and NPISHs final consumption expenditure in Mongolia
Mongolia: Annual growth of households and NPISHs final consumption expenditure was 13.1% in 2024. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in Mongolia, 2011–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of households and npishs final consumption expenditure in Mongolia is 13.1%, measured in 2024.
That represents a change of up 34.7% on the previous year and up 108.6% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Mongolia peaked at 15.8% in 2011 and was at its lowest, -5.9%, in 2021.
That places Mongolia 6th out of 186 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of households and NPISHs final consumption expenditure in Mongolia, year by year
| Year | % | Change |
|---|---|---|
| 2011 | 15.8% | — |
| 2012 | 13.0% | -17.9% |
| 2013 | 15.4% | +18.7% |
| 2014 | 6.3% | -59.2% |
| 2015 | 8.1% | +29.3% |
| 2016 | 1.8% | -78.4% |
| 2017 | 4.3% | +144.0% |
| 2018 | 11.7% | +172.9% |
| 2019 | 5.8% | -50.2% |
| 2020 | 2.1% | -64.8% |
| 2021 | -5.9% | -384.3% |
| 2022 | 8.1% | -237.7% |
| 2023 | 9.7% | +21.0% |
| 2024 | 13.1% | +34.7% |
Mongolia compared with similar countries
- Mongolia's 13.1% is above the median for upper middle income countries, which is 4.5%, 2.9× the median. (46 countries reporting)
- Mongolia's 13.1% is above the median for East Asia & Pacific, which is 4.5%, 2.9× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.1% | 1.8% | 15.8% | 9 |
| 2020s | 5.4% | -5.9% | 13.1% | 5 |
Countries ranked near Mongolia
- 3 United Arab Emirates 14.1% compare
- 4 Kyrgyzstan 13.6% compare
- 5 Namibia 13.3% compare
- 7 Belarus 12.4% compare
- 8 Seychelles 11.6% compare
- 9 Samoa 11.1% compare
More economy & growth data for Mongolia
- Real gdp growth, annual growth rate 33.62 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -2.15 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 24.74 units per person (2025)
- SDRs holdings, SDR, annual growth rate -6.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 18.07 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -22.42 % change on previous year (2025)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Mongolia?
- Annual growth of households and npishs final consumption expenditure in Mongolia was 13.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Mongolia?
- The highest recorded value was 15.8% in 2011.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Mongolia?
- The lowest recorded value was -5.9% in 2021.
- How does Mongolia rank for annual growth of households and npishs final consumption expenditure?
- Mongolia ranks 6th out of 186 countries with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Mongolia?
- Over the last ten years it is up 108.6%. 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 households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
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