Annual growth rate of real GDP per capita in Mongolia
Mongolia: Annual growth rate of real GDP per capita was 3.5% in 2024. ◆ Volatile
Latest (2024)
3.5%
Change on year
down 41.7%
World rank
60th
of 226 countries
All-time high
15.4%
in 2011
All-time low
-6.3%
in 2020
Years of data
25
2000–2024
Annual growth rate of real GDP per capita in Mongolia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth rate of real gdp per capita in Mongolia stood at 3.5%.
That represents a change of down 41.7% on the previous year and down 37.5% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Mongolia peaked at 15.4% in 2011 and was at its lowest, -6.3%, in 2020.
Mongolia ranks 60th of 226 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 rate of real GDP per capita in Mongolia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 0.3% | — |
| 2001 | 2.0% | +566.7% |
| 2002 | 3.8% | +90.0% |
| 2003 | 6.1% | +60.5% |
| 2004 | 9.7% | +59.0% |
| 2005 | 6.4% | -34.0% |
| 2006 | 7.7% | +20.3% |
| 2007 | 9.3% | +20.8% |
| 2008 | 7.8% | -16.1% |
| 2009 | -2.4% | -130.8% |
| 2010 | 4.9% | -304.2% |
| 2011 | 15.4% | +214.3% |
| 2012 | 10.3% | -33.1% |
| 2013 | 9.4% | -8.7% |
| 2014 | 5.6% | -40.4% |
| 2015 | -0.9% | -116.1% |
| 2016 | -0.7% | -22.2% |
| 2017 | 3.5% | -600.0% |
| 2018 | 5.6% | +60.0% |
| 2019 | 3.5% | -37.5% |
| 2020 | -6.3% | -280.0% |
| 2021 | 0.1% | -101.6% |
| 2022 | 3.6% | +3500.0% |
| 2023 | 6.0% | +66.7% |
| 2024 | 3.5% | -41.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.1% | -2.4% | 9.7% | 10 |
| 2010s | 5.7% | -0.9% | 15.4% | 10 |
| 2020s | 1.4% | -6.3% | 6.0% | 5 |
Countries ranked near Mongolia
- 58 Singapore 3.6% compare
- 58 Uganda 3.6% compare
- 60 North Macedonia 3.5% compare
- 60 Poland 3.5% compare
- 63 Brunei Darussalam 3.4% compare
- 63 Côte d'Ivoire 3.4% compare
- 63 Democratic People's Republic of Korea 3.4% compare
- 63 Paraguay 3.4% compare
- 63 Brunei Darussalam 3.4% compare
- 63 Côte d'Ivoire 3.4% compare
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)
- Gross capital formation (current US$), annual growth rate -5.78 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.3141 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 2,233 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -1.46 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 1,114 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 7.92 million current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -7.24 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.291 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Mongolia?
- Annual growth rate of real gdp per capita in Mongolia was 3.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Mongolia?
- The highest recorded value was 15.4% in 2011.
- What is the lowest annual growth rate of real gdp per capita recorded in Mongolia?
- The lowest recorded value was -6.3% in 2020.
- How does Mongolia rank for annual growth rate of real gdp per capita?
- Mongolia ranks 60th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Mongolia?
- Over the last ten years it is down 37.5%. 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 rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).