Divergence of GDP per capita among latecomers to the capitalist revolution in Mongolia
Mongolia: Divergence of GDP per capita among latecomers to the capitalist revolution was 13,382 2011$ in 2018. ◆ Volatile
Latest (2018)
13,382 2011$
Change on year
up 4.8%
World rank
71st
of 145 countries
All-time high
13,382 2011$
in 2018
All-time low
677 2011$
in 1950
Years of data
69
1950–2018
Divergence of GDP per capita among latecomers to the capitalist revolution in Mongolia, 1950–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
The most recent figure for divergence of gdp per capita among latecomers to the capitalist revolution in Mongolia is 13,382 2011$, measured in 2018. That is the highest value across all 69 years on record.
Compared with earlier readings it is up 4.8% on the previous year and up 91.7% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Mongolia peaked at 13,382 2011$ in 2018 and was at its lowest, 677 2011$, in 1950.
Mongolia ranks 71st of 145 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Divergence of GDP per capita among latecomers to the capitalist revolution in Mongolia, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1950 | 677 2011$ | — |
| 1951 | 697 2011$ | +3.0% |
| 1952 | 719 2011$ | +3.2% |
| 1953 | 741 2011$ | +3.1% |
| 1954 | 764 2011$ | +3.1% |
| 1955 | 786 2011$ | +2.9% |
| 1956 | 810 2011$ | +3.1% |
| 1957 | 835 2011$ | +3.1% |
| 1958 | 859 2011$ | +2.9% |
| 1959 | 885 2011$ | +3.0% |
| 1960 | 912 2011$ | +3.1% |
| 1961 | 939 2011$ | +3.0% |
| 1962 | 966 2011$ | +2.9% |
| 1963 | 996 2011$ | +3.1% |
| 1964 | 1,027 2011$ | +3.1% |
| 1965 | 1,057 2011$ | +2.9% |
| 1966 | 1,087 2011$ | +2.8% |
| 1967 | 1,122 2011$ | +3.2% |
| 1968 | 1,154 2011$ | +2.9% |
| 1969 | 1,189 2011$ | +3.0% |
| 1970 | 1,226 2011$ | +3.1% |
| 1971 | 1,246 2011$ | +1.6% |
| 1972 | 1,256 2011$ | +0.8% |
| 1973 | 1,328 2011$ | +5.7% |
| 1974 | 1,342 2011$ | +1.1% |
| 1975 | 1,387 2011$ | +3.4% |
| 1976 | 1,401 2011$ | +1.0% |
| 1977 | 1,470 2011$ | +4.9% |
| 1978 | 1,537 2011$ | +4.6% |
| 1979 | 1,556 2011$ | +1.2% |
| 1980 | 1,618 2011$ | +4.0% |
| 1981 | 1,714 2011$ | +5.9% |
| 1982 | 1,814 2011$ | +5.8% |
| 1983 | 1,876 2011$ | +3.4% |
| 1984 | 1,940 2011$ | +3.4% |
| 1985 | 2,004 2011$ | +3.3% |
| 1986 | 2,142 2011$ | +6.9% |
| 1987 | 2,168 2011$ | +1.2% |
| 1988 | 2,227 2011$ | +2.7% |
| 1989 | 2,232 2011$ | +0.2% |
| 1990 | 2,123 2011$ | -4.9% |
| 1991 | 1,976 2011$ | -6.9% |
| 1992 | 1,841 2011$ | -6.8% |
| 1993 | 1,846 2011$ | +0.3% |
| 1994 | 1,955 2011$ | +5.9% |
| 1995 | 2,148 2011$ | +9.8% |
| 1996 | 2,272 2011$ | +5.8% |
| 1997 | 2,445 2011$ | +7.6% |
| 1998 | 2,620 2011$ | +7.2% |
| 1999 | 2,802 2011$ | +6.9% |
| 2000 | 2,936 2011$ | +4.8% |
| 2001 | 3,134 2011$ | +6.7% |
| 2002 | 3,402 2011$ | +8.6% |
| 2003 | 3,775 2011$ | +11.0% |
| 2004 | 4,334 2011$ | +14.8% |
| 2005 | 4,822 2011$ | +11.3% |
| 2006 | 5,427 2011$ | +12.5% |
| 2007 | 6,197 2011$ | +14.2% |
| 2008 | 6,982 2011$ | +12.7% |
| 2009 | 7,127 2011$ | +2.1% |
| 2010 | 7,830 2011$ | +9.9% |
| 2011 | 9,484 2011$ | +21.1% |
| 2012 | 10,493 2011$ | +10.6% |
| 2013 | 11,545 2011$ | +10.0% |
| 2014 | 12,283 2011$ | +6.4% |
| 2015 | 12,398 2011$ | +0.9% |
| 2016 | 12,360 2011$ | -0.3% |
| 2017 | 12,768 2011$ | +3.3% |
| 2018 | 13,382 2011$ | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 777.3 2011$ | 677 2011$ | 885 2011$ | 10 |
| 1960s | 1,045 2011$ | 912 2011$ | 1,189 2011$ | 10 |
| 1970s | 1,375 2011$ | 1,226 2011$ | 1,556 2011$ | 10 |
| 1980s | 1,974 2011$ | 1,618 2011$ | 2,232 2011$ | 10 |
| 1990s | 2,203 2011$ | 1,841 2011$ | 2,802 2011$ | 10 |
| 2000s | 4,814 2011$ | 2,936 2011$ | 7,127 2011$ | 10 |
| 2010s | 11,394 2011$ | 7,830 2011$ | 13,382 2011$ | 9 |
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)
- 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$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Mongolia?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Mongolia was 13,382 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Mongolia?
- The highest recorded value was 13,382 2011$ in 2018.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Mongolia?
- The lowest recorded value was 677 2011$ in 1950.
- How does Mongolia rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Mongolia ranks 71st out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Mongolia?
- Over the last ten years it is up 91.7%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 69 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]