Direct disaster economic loss in Mongolia
Mongolia: Direct disaster economic loss was 38.48 million current united states dollars in 2024. ◆ Volatile
Latest (2024)
38.48 million current united states dollars
Change on year
down 26.3%
World rank
58th
of 130 countries
All-time high
178.67 million current united states dollars
in 2020
All-time low
20.68 million current united states dollars
in 2022
Years of data
20
2005–2024
Direct disaster economic loss in Mongolia, 2005–2024
Source: UN Office for Disaster Risk Reduction – processed by Our World in Data. Measured in current united states dollars.
Analysis
Mongolia recorded 38.48 million current united states dollars 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 current united states dollars in 2020 and was at its lowest, 20.68 million current united states dollars, 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 | current united states dollars | Change |
|---|---|---|
| 2005 | 29.26 million current united states dollars | — |
| 2006 | 29.28 million current united states dollars | +0.1% |
| 2007 | 36.42 million current united states dollars | +24.4% |
| 2008 | 30.11 million current united states dollars | -17.3% |
| 2009 | 26.32 million current united states dollars | -12.6% |
| 2010 | 41.03 million current united states dollars | +55.9% |
| 2011 | 44.05 million current united states dollars | +7.4% |
| 2012 | 59.18 million current united states dollars | +34.3% |
| 2013 | 58.51 million current united states dollars | -1.1% |
| 2014 | 56.34 million current united states dollars | -3.7% |
| 2015 | 139.99 million current united states dollars | +148.5% |
| 2016 | 150.30 million current united states dollars | +7.4% |
| 2017 | 129.52 million current united states dollars | -13.8% |
| 2018 | 64.84 million current united states dollars | -49.9% |
| 2019 | 131.67 million current united states dollars | +103.1% |
| 2020 | 178.67 million current united states dollars | +35.7% |
| 2021 | 43.95 million current united states dollars | -75.4% |
| 2022 | 20.68 million current united states dollars | -52.9% |
| 2023 | 52.19 million current united states dollars | +152.3% |
| 2024 | 38.48 million current united states dollars | -26.3% |
Mongolia compared with similar countries
- Mongolia's 38.48 million current united states dollars is above the median for upper middle income countries, which is 9.95 million current united states dollars, 3.9× the median. (46 countries reporting)
- Mongolia's 38.48 million current united states dollars is above the median for East Asia & Pacific, which is 21.34 million current united states dollars, 1.8× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.28 million current united states dollars | 26.32 million current united states dollars | 36.42 million current united states dollars | 5 |
| 2010s | 87.54 million current united states dollars | 41.03 million current united states dollars | 150.30 million current united states dollars | 10 |
| 2020s | 66.80 million current united states dollars | 20.68 million current united states dollars | 178.67 million current united states dollars | 5 |
Countries ranked near Mongolia
- 55 Bulgaria 56.22 million current united states dollars compare
- 56 Armenia 52.44 million current united states dollars compare
- 57 New Zealand 38.99 million current united states dollars compare
- 59 East Timor 34.10 million current united states dollars compare
- 60 Romania 27.41 million current united states dollars compare
- 61 Namibia 26.67 million current united states dollars 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 55.47 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0023 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.78 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 23.79 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1169 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 789.32 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 27.16 % 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 current united states dollars in 2024, according to UN Office for Disaster Risk Reduction – processed by Our World in Data.
- What is the highest direct disaster economic loss recorded in Mongolia?
- The highest recorded value was 178.67 million current united states dollars in 2020.
- What is the lowest direct disaster economic loss recorded in Mongolia?
- The lowest recorded value was 20.68 million current united states dollars 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 UN Office for Disaster Risk Reduction – processed by Our World in Data, published as part of Direct disaster economic loss. Statizoid updates them automatically from the source API.
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About this data
Direct economic loss attributed to disasters (current United States dollars).