Exports of goods, services and primary income in Mongolia
Mongolia: Exports of goods, services and primary income was 16.91 billion BoP, current US$ in 2024. ◆ Volatile
Exports of goods, services and primary income in Mongolia, 1981–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for exports of goods, services and primary income in Mongolia is 16.91 billion BoP, current US$, measured in 2024. That is the highest value across all 42 years on record.
Compared with earlier readings it is up 6.0% on the previous year and up 175.7% over ten years.
Over the whole period, exports of goods, services and primary income in Mongolia peaked at 16.91 billion BoP, current US$ in 2024 and was at its lowest, 390.80 million BoP, current US$, in 1992.
That places Mongolia 98th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods, services and primary income in Mongolia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1981 | 475.60 million BoP, current US$ | — |
| 1982 | 567.30 million BoP, current US$ | +19.3% |
| 1984 | 648.90 million BoP, current US$ | +14.4% |
| 1985 | 637.10 million BoP, current US$ | -1.8% |
| 1986 | 825.20 million BoP, current US$ | +29.5% |
| 1987 | 906.30 million BoP, current US$ | +9.8% |
| 1988 | 923.60 million BoP, current US$ | +1.9% |
| 1989 | 839.70 million BoP, current US$ | -9.1% |
| 1990 | 498.00 million BoP, current US$ | -40.7% |
| 1992 | 390.80 million BoP, current US$ | -21.5% |
| 1993 | 392.60 million BoP, current US$ | +0.5% |
| 1994 | 415.60 million BoP, current US$ | +5.9% |
| 1995 | 511.30 million BoP, current US$ | +23.0% |
| 1996 | 492.50 million BoP, current US$ | -3.7% |
| 1997 | 627.30 million BoP, current US$ | +27.4% |
| 1998 | 550.30 million BoP, current US$ | -12.3% |
| 1999 | 531.88 million BoP, current US$ | -3.3% |
| 2000 | 626.34 million BoP, current US$ | +17.8% |
| 2001 | 651.50 million BoP, current US$ | +4.0% |
| 2002 | 722.65 million BoP, current US$ | +10.9% |
| 2003 | 849.12 million BoP, current US$ | +17.5% |
| 2004 | 1.23 billion BoP, current US$ | +44.5% |
| 2005 | 1.49 billion BoP, current US$ | +21.5% |
| 2006 | 2.05 billion BoP, current US$ | +37.3% |
| 2007 | 2.58 billion BoP, current US$ | +25.9% |
| 2008 | 3.04 billion BoP, current US$ | +18.1% |
| 2009 | 2.32 billion BoP, current US$ | -23.7% |
| 2010 | 3.42 billion BoP, current US$ | +47.4% |
| 2011 | 4.62 billion BoP, current US$ | +35.0% |
| 2012 | 4.51 billion BoP, current US$ | -2.3% |
| 2013 | 4.53 billion BoP, current US$ | +0.4% |
| 2014 | 6.13 billion BoP, current US$ | +35.4% |
| 2015 | 5.19 billion BoP, current US$ | -15.3% |
| 2016 | 5.67 billion BoP, current US$ | +9.2% |
| 2017 | 6.88 billion BoP, current US$ | +21.2% |
| 2018 | 7.94 billion BoP, current US$ | +15.4% |
| 2019 | 8.81 billion BoP, current US$ | +11.0% |
| 2020 | 7.99 billion BoP, current US$ | -9.3% |
| 2021 | 9.24 billion BoP, current US$ | +15.7% |
| 2022 | 11.33 billion BoP, current US$ | +22.6% |
| 2023 | 15.96 billion BoP, current US$ | +40.8% |
| 2024 | 16.91 billion BoP, current US$ | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 727.96 million BoP, current US$ | 475.60 million BoP, current US$ | 923.60 million BoP, current US$ | 8 |
| 1990s | 490.03 million BoP, current US$ | 390.80 million BoP, current US$ | 627.30 million BoP, current US$ | 9 |
| 2000s | 1.56 billion BoP, current US$ | 626.34 million BoP, current US$ | 3.04 billion BoP, current US$ | 10 |
| 2010s | 5.77 billion BoP, current US$ | 3.42 billion BoP, current US$ | 8.81 billion BoP, current US$ | 10 |
| 2020s | 12.29 billion BoP, current US$ | 7.99 billion BoP, current US$ | 16.91 billion BoP, current US$ | 5 |
Countries ranked near Mongolia
- 95 Paraguay 19.72 billion BoP, current US$ compare
- 96 Mauritius 19.54 billion BoP, current US$ compare
- 97 Myanmar 18.89 billion BoP, current US$ compare
- 99 Iceland 16.52 billion BoP, current US$ compare
- 100 Tanzania, United Republic of 16.28 billion BoP, current US$ compare
- 101 Armenia 15.46 billion BoP, current US$ 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 exports of goods, services and primary income in Mongolia?
- Exports of goods, services and primary income in Mongolia was 16.91 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods, services and primary income recorded in Mongolia?
- The highest recorded value was 16.91 billion BoP, current US$ in 2024.
- What is the lowest exports of goods, services and primary income recorded in Mongolia?
- The lowest recorded value was 390.80 million BoP, current US$ in 1992.
- How does Mongolia rank for exports of goods, services and primary income?
- Mongolia ranks 98th out of 199 countries with data for 2024.
- Is exports of goods, services and primary income rising or falling in Mongolia?
- Over the last ten years it is up 175.7%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Exports of goods, services and primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.