Direct disaster economic loss in Mongolia
Mongolia: Direct disaster economic loss was 38.48 million in 2024. ◆ Volatile
Latest (2024)
38.48 million
Change on year
down 26.3%
World rank
58th
of 130 countries
All-time high
178.67 million
in 2020
All-time low
20.68 million
in 2022
Years of data
20
2005–2024
Direct disaster economic loss in Mongolia, 2005–2024
Source: Our World in Data.
Analysis
Mongolia recorded 38.48 million for direct disaster economic loss in 2024.
The figure is down 26.3% on the previous year and down 31.7% over ten years.
Over the whole period, direct disaster economic loss in Mongolia peaked at 178.67 million in 2020 and was at its lowest, 20.68 million, in 2022.
Mongolia ranks 58th of 130 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.
Direct disaster economic loss in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 29.26 million | — |
| 2006 | 29.28 million | +0.1% |
| 2007 | 36.42 million | +24.4% |
| 2008 | 30.11 million | -17.3% |
| 2009 | 26.32 million | -12.6% |
| 2010 | 41.03 million | +55.9% |
| 2011 | 44.05 million | +7.4% |
| 2012 | 59.18 million | +34.3% |
| 2013 | 58.51 million | -1.1% |
| 2014 | 56.34 million | -3.7% |
| 2015 | 139.99 million | +148.5% |
| 2016 | 150.30 million | +7.4% |
| 2017 | 129.52 million | -13.8% |
| 2018 | 64.84 million | -49.9% |
| 2019 | 131.67 million | +103.1% |
| 2020 | 178.67 million | +35.7% |
| 2021 | 43.95 million | -75.4% |
| 2022 | 20.68 million | -52.9% |
| 2023 | 52.19 million | +152.3% |
| 2024 | 38.48 million | -26.3% |
Mongolia compared with similar countries
- Mongolia's 38.48 million is above the median for upper middle income countries, which is 9.95 million, 3.9× the median. (46 countries reporting)
- Mongolia's 38.48 million is above the median for East Asia & Pacific, which is 21.34 million, 1.8× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.28 million | 26.32 million | 36.42 million | 5 |
| 2010s | 87.54 million | 41.03 million | 150.30 million | 10 |
| 2020s | 66.80 million | 20.68 million | 178.67 million | 5 |
Countries ranked near Mongolia
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 direct disaster economic loss in Mongolia?
- Direct disaster economic loss in Mongolia was 38.48 million in 2024, according to Our World in Data.
- What is the highest direct disaster economic loss recorded in Mongolia?
- The highest recorded value was 178.67 million in 2020.
- What is the lowest direct disaster economic loss recorded in Mongolia?
- The lowest recorded value was 20.68 million in 2022.
- How does Mongolia rank for direct disaster economic loss?
- Mongolia ranks 58th out of 130 countries with data for 2024.
- Is direct disaster economic loss rising or falling in Mongolia?
- Over the last ten years it is down 31.7%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Our World in Data, published as part of Direct disaster economic loss. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (Our World in Data).