Annual growth of the gross capital formation in Mongolia
Mongolia: Annual growth of the gross capital formation was 23.2% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Mongolia, 2011–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Mongolia recorded 23.2% for annual growth of the gross capital formation in 2024.
That represents a change of up 779.5% 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.
That places Mongolia 12th out of 167 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 the gross capital formation in Mongolia, year by year
| Year | % | Change |
|---|---|---|
| 2011 | 62.8% | — |
| 2012 | 17.4% | -72.2% |
| 2013 | 1.4% | -92.3% |
| 2014 | -30.1% | -2326.7% |
| 2015 | -26.5% | -12.0% |
| 2016 | -1.8% | -93.4% |
| 2017 | 31.6% | -1904.6% |
| 2018 | 52.1% | +65.1% |
| 2019 | 0.2% | -99.7% |
| 2020 | -40.7% | -22688.9% |
| 2021 | 80.7% | -298.5% |
| 2022 | 11.2% | -86.2% |
| 2023 | -3.4% | -130.5% |
| 2024 | 23.2% | -779.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 11.9% | -30.1% | 62.8% | 9 |
| 2020s | 14.2% | -40.7% | 80.7% | 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)
- Industry (including construction), value added (constant 2015 US$) 10.98 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1894 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,346 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 10.98 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 373.16 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 2.65 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 6.62 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4434 current US$ per US$ of GDP (2025)
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 World Bank – processed by Our World in Data.
- 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 12th out of 167 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 World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual growth of the gross capital formation (%).