Annual growth of the gross capital formation in Mongolia

Mongolia: Annual growth of the gross capital formation was 23.2% in 2024. ◆ Volatile

Latest (2024)
23.2%
Change on year
up 779.4%
World rank
13th
of 174 countries
All-time high
80.7%
in 2021
All-time low
-40.7%
in 2020
Years of data
14
2011–2024

Annual growth of the gross capital formation in Mongolia, 2011–2024

-50-2502550752011201720242011: 62.8 %2012: 17.4 %2013: 1.4 %2014: -30.1 %2015: -26.5 %2016: -1.8 %2017: 31.6 %2018: 52.1 %2019: 0.179 %2020: -40.7 %2021: 80.7 %2022: 11.2 %2023: -3.4 %2024: 23.2 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for annual growth of the gross capital formation in Mongolia is 23.2%, measured in 2024.

The figure is up 779.4% on the previous year and up 177.1% over ten years.

Over the whole period, annual growth of the gross capital formation in Mongolia peaked at 80.7% in 2021 and was at its lowest, -40.7%, in 2020.

Mongolia ranks 13th of 174 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Annual growth of the gross capital formation in Mongolia, year by year

Annual values for Annual growth of the gross capital formation (%) in Mongolia, 2011 to 2024.
Year % Change
2011 62.8%
2012 17.4% -72.2%
2013 1.4% -92.2%
2014 -30.1% -2324.5%
2015 -26.5% -12.0%
2016 -1.8% -93.4%
2017 31.6% -1902.8%
2018 52.1% +65.0%
2019 0.2% -99.7%
2020 -40.7% -22873.6%
2021 80.7% -298.5%
2022 11.2% -86.2%
2023 -3.4% -130.5%
2024 23.2% -779.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 11.9% -30.1% 62.8% 9
2020s 14.2% -40.7% 80.7% 5

Countries ranked near Mongolia

  1. 10 Nicaragua 28.7% compare
  2. 11 Sierra Leone 25.2% compare
  3. 12 Niger 23.4% compare
  4. 14 Sri Lanka 21.1% compare
  5. 15 Somalia 21.1% compare
  6. 16 Maldives 20.4% compare

See the full ranking of 205 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is annual growth of the gross capital formation in Mongolia?
Annual growth of the gross capital formation in Mongolia was 23.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual growth of the gross capital formation recorded in Mongolia?
The highest recorded value was 80.7% in 2021.
What is the lowest annual growth of the gross capital formation recorded in Mongolia?
The lowest recorded value was -40.7% in 2020.
How does Mongolia rank for annual growth of the gross capital formation?
Mongolia ranks 13th out of 174 countries with data for 2024.
Is annual growth of the gross capital formation rising or falling in Mongolia?
Over the last ten years it is up 177.1%. 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 the gross capital formation (%). Statizoid updates them automatically from the source API.

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Annual growth of the gross capital formation in Mongolia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 05 September 2026, from https://economy.statizoid.com/stat/annual-growth-of-the-gross-capital-formation-percent/mongolia/

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About this data

Indicator
Annual growth of the gross capital formation (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
205 places, 4,628 data points, 2000–2024
Last refreshed