Rank in the Economic Complexity Index in Mongolia
Mongolia: Rank in the Economic Complexity Index was 84 in 2016. ▲ Rising
Rank in the Economic Complexity Index in Mongolia, 1974–2016
Source: Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data.
Analysis
Mongolia recorded 84 for rank in the economic complexity index in 2016.
Compared with earlier readings it is down 15.2% on the previous year and down 16.8% over ten years.
Over the whole period, rank in the economic complexity index in Mongolia peaked at 111 in 2012 and was at its lowest, 28, in 1977.
That places Mongolia 22nd out of 121 countries with data for 2016, putting it in the top quarter.
The long-run direction has been consistently rising across the 43 years of available data.
Rank in the Economic Complexity Index in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 1974 | 37 | — |
| 1975 | 37 | +0.0% |
| 1976 | 35 | -5.4% |
| 1977 | 28 | -20.0% |
| 1978 | 29 | +3.6% |
| 1979 | 30 | +3.4% |
| 1980 | 39 | +30.0% |
| 1981 | 40 | +2.6% |
| 1982 | 55 | +37.5% |
| 1983 | 53 | -3.6% |
| 1984 | 60 | +13.2% |
| 1985 | 60 | +0.0% |
| 1986 | 68 | +13.3% |
| 1987 | 63 | -7.4% |
| 1988 | 54 | -14.3% |
| 1989 | 63 | +16.7% |
| 1990 | 68 | +7.9% |
| 1991 | 60 | -11.8% |
| 1992 | 74 | +23.3% |
| 1993 | 69 | -6.8% |
| 1994 | 76 | +10.1% |
| 1995 | 77 | +1.3% |
| 1996 | 81 | +5.2% |
| 1997 | 83 | +2.5% |
| 1998 | 88 | +6.0% |
| 1999 | 95 | +8.0% |
| 2000 | 88 | -7.4% |
| 2001 | 86 | -2.3% |
| 2002 | 89 | +3.5% |
| 2003 | 87 | -2.2% |
| 2004 | 95 | +9.2% |
| 2005 | 100 | +5.3% |
| 2006 | 101 | +1.0% |
| 2007 | 103 | +2.0% |
| 2008 | 102 | -1.0% |
| 2009 | 97 | -4.9% |
| 2010 | 102 | +5.2% |
| 2011 | 107 | +4.9% |
| 2012 | 111 | +3.7% |
| 2013 | 107 | -3.6% |
| 2014 | 101 | -5.6% |
| 2015 | 99 | -2.0% |
| 2016 | 84 | -15.2% |
Mongolia compared with similar countries
- Mongolia's 84 is above the median for upper middle income countries, which is 59, 1.4× the median. (37 countries reporting)
- Mongolia's 84 is above the median for East Asia & Pacific, which is 42, 2.0× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.67 | 28 | 37 | 6 |
| 1980s | 55.5 | 39 | 68 | 10 |
| 1990s | 77.1 | 60 | 95 | 10 |
| 2000s | 94.8 | 86 | 103 | 10 |
| 2010s | 101.57 | 84 | 111 | 7 |
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 rank in the economic complexity index in Mongolia?
- Rank in the economic complexity index in Mongolia was 84 in 2016, according to Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data.
- What is the highest rank in the economic complexity index recorded in Mongolia?
- The highest recorded value was 111 in 2012.
- What is the lowest rank in the economic complexity index recorded in Mongolia?
- The lowest recorded value was 28 in 1977.
- How does Mongolia rank for rank in the economic complexity index?
- Mongolia ranks 22nd out of 121 countries with data for 2016.
- Is rank in the economic complexity index rising or falling in Mongolia?
- Over the last ten years it is down 16.8%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data, published as part of Rank in the Economic Complexity Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The Economic Complexity Index (ECI) takes data on exports, and reduces a country’s economic system into two dimensions: (i) The number or ‘diversification’ of products in the export basket, and (ii) the quality, or ‘ubiquity’ of products in the export basket. This map ranks countries by ECI scores. The highest rank is 1 and corresponds to the country with the most complex economy in that year.