GDP in Mongolia
Mongolia: GDP was 17.42 billion constant 2015 US$ in 2025. ◆ Volatile
GDP in Mongolia, 1981–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gdp in Mongolia is 17.42 billion constant 2015 US$, measured in 2025. That is the highest value across all 45 years on record.
That represents a change of up 6.8% on the previous year and up 50.0% over ten years.
Over the whole period, gdp in Mongolia peaked at 17.42 billion constant 2015 US$ in 2025 and was at its lowest, 2.48 billion constant 2015 US$, in 1981.
Mongolia ranks 126th of 212 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Mongolia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1981 | 2.48 billion constant 2015 US$ | — |
| 1982 | 2.69 billion constant 2015 US$ | +8.3% |
| 1983 | 2.85 billion constant 2015 US$ | +5.8% |
| 1984 | 3.02 billion constant 2015 US$ | +5.9% |
| 1985 | 3.19 billion constant 2015 US$ | +5.7% |
| 1986 | 3.49 billion constant 2015 US$ | +9.4% |
| 1987 | 3.61 billion constant 2015 US$ | +3.5% |
| 1988 | 3.79 billion constant 2015 US$ | +5.1% |
| 1989 | 3.95 billion constant 2015 US$ | +4.2% |
| 1990 | 3.83 billion constant 2015 US$ | -3.2% |
| 1991 | 3.49 billion constant 2015 US$ | -8.7% |
| 1992 | 3.17 billion constant 2015 US$ | -9.3% |
| 1993 | 3.07 billion constant 2015 US$ | -3.2% |
| 1994 | 3.14 billion constant 2015 US$ | +2.1% |
| 1995 | 3.34 billion constant 2015 US$ | +6.4% |
| 1996 | 3.41 billion constant 2015 US$ | +2.2% |
| 1997 | 3.54 billion constant 2015 US$ | +3.9% |
| 1998 | 3.66 billion constant 2015 US$ | +3.3% |
| 1999 | 3.77 billion constant 2015 US$ | +3.1% |
| 2000 | 3.82 billion constant 2015 US$ | +1.1% |
| 2001 | 3.93 billion constant 2015 US$ | +3.0% |
| 2002 | 4.12 billion constant 2015 US$ | +4.7% |
| 2003 | 4.40 billion constant 2015 US$ | +7.0% |
| 2004 | 4.87 billion constant 2015 US$ | +10.6% |
| 2005 | 5.23 billion constant 2015 US$ | +7.3% |
| 2006 | 5.67 billion constant 2015 US$ | +8.6% |
| 2007 | 6.25 billion constant 2015 US$ | +10.2% |
| 2008 | 6.81 billion constant 2015 US$ | +8.9% |
| 2009 | 6.72 billion constant 2015 US$ | -1.3% |
| 2010 | 7.15 billion constant 2015 US$ | +6.4% |
| 2011 | 8.39 billion constant 2015 US$ | +17.3% |
| 2012 | 9.42 billion constant 2015 US$ | +12.3% |
| 2013 | 10.52 billion constant 2015 US$ | +11.6% |
| 2014 | 11.35 billion constant 2015 US$ | +7.9% |
| 2015 | 11.62 billion constant 2015 US$ | +2.4% |
| 2016 | 11.79 billion constant 2015 US$ | +1.5% |
| 2017 | 12.46 billion constant 2015 US$ | +5.6% |
| 2018 | 13.42 billion constant 2015 US$ | +7.7% |
| 2019 | 14.17 billion constant 2015 US$ | +5.6% |
| 2020 | 13.53 billion constant 2015 US$ | -4.6% |
| 2021 | 13.75 billion constant 2015 US$ | +1.6% |
| 2022 | 14.44 billion constant 2015 US$ | +5.0% |
| 2023 | 15.51 billion constant 2015 US$ | +7.4% |
| 2024 | 16.31 billion constant 2015 US$ | +5.1% |
| 2025 | 17.42 billion constant 2015 US$ | +6.8% |
Mongolia compared with similar countries
- Mongolia's 17.42 billion constant 2015 US$ is below the median for upper middle income countries, which is 49.29 billion constant 2015 US$, 35% of the median. (59 countries reporting)
- Mongolia's 17.42 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 17.42 billion constant 2015 US$, 1.0× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.23 billion constant 2015 US$ | 2.48 billion constant 2015 US$ | 3.95 billion constant 2015 US$ | 9 |
| 1990s | 3.44 billion constant 2015 US$ | 3.07 billion constant 2015 US$ | 3.83 billion constant 2015 US$ | 10 |
| 2000s | 5.18 billion constant 2015 US$ | 3.82 billion constant 2015 US$ | 6.81 billion constant 2015 US$ | 10 |
| 2010s | 11.03 billion constant 2015 US$ | 7.15 billion constant 2015 US$ | 14.17 billion constant 2015 US$ | 10 |
| 2020s | 15.16 billion constant 2015 US$ | 13.53 billion constant 2015 US$ | 17.42 billion constant 2015 US$ | 6 |
Countries ranked near Mongolia
- 123 Burkina Faso 18.95 billion constant 2015 US$ compare
- 124 Chad 18.35 billion constant 2015 US$ compare
- 125 Armenia 17.49 billion constant 2015 US$ compare
- 127 Botswana 17.40 billion constant 2015 US$ compare
- 128 Jamaica 17.32 billion constant 2015 US$ compare
- 129 Gabon 17.22 billion constant 2015 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)
- 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$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is gdp in Mongolia?
- Gdp in Mongolia was 17.42 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Mongolia?
- The highest recorded value was 17.42 billion constant 2015 US$ in 2025.
- What is the lowest gdp recorded in Mongolia?
- The lowest recorded value was 2.48 billion constant 2015 US$ in 1981.
- How does Mongolia rank for gdp?
- Mongolia ranks 126th out of 212 countries with data for 2025.
- Is gdp rising or falling in Mongolia?
- Over the last ten years it is up 50.0%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.