GDP in Mongolia

Mongolia: GDP was 34.33 trillion constant LCU in 2025. ◆ Volatile

Latest (2025)
34.33 trillion constant LCU
Change on year
up 6.8%
World rank
28th
of 214 countries
All-time high
34.33 trillion constant LCU
in 2025
All-time low
4.90 trillion constant LCU
in 1981
Years of data
45
1981–2025

GDP in Mongolia, 1981–2025

010.0T20.0T30.0T1981200320251981: 4.9T constant LCU1982: 5.3T constant LCU1983: 5.6T constant LCU1984: 5.9T constant LCU1985: 6.3T constant LCU1986: 6.9T constant LCU1987: 7.1T constant LCU1988: 7.5T constant LCU1989: 7.8T constant LCU1990: 7.5T constant LCU1991: 6.9T constant LCU1992: 6.2T constant LCU1993: 6.0T constant LCU1994: 6.2T constant LCU1995: 6.6T constant LCU1996: 6.7T constant LCU1997: 7.0T constant LCU1998: 7.2T constant LCU1999: 7.4T constant LCU2000: 7.5T constant LCU2001: 7.7T constant LCU2002: 8.1T constant LCU2003: 8.7T constant LCU2004: 9.6T constant LCU2005: 10.3T constant LCU2006: 11.2T constant LCU2007: 12.3T constant LCU2008: 13.4T constant LCU2009: 13.2T constant LCU2010: 14.1T constant LCU2011: 16.5T constant LCU2012: 18.6T constant LCU2013: 20.7T constant LCU2014: 22.4T constant LCU2015: 22.9T constant LCU2016: 23.2T constant LCU2017: 24.5T constant LCU2018: 26.4T constant LCU2019: 27.9T constant LCU2020: 26.7T constant LCU2021: 27.1T constant LCU2022: 28.5T constant LCU2023: 30.6T constant LCU2024: 32.1T constant LCU2025: 34.3T constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

In 2025, gdp in Mongolia stood at 34.33 trillion constant LCU. That is the highest value across all 45 years on record.

Compared with earlier readings it is up 6.8% on the previous year and up 50.0% over ten years.

Over the whole period, gdp in Mongolia peaked at 34.33 trillion constant LCU in 2025 and was at its lowest, 4.90 trillion constant LCU, in 1981.

Mongolia ranks 28th of 214 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 6.37 trillion constant LCU 4.90 trillion constant LCU 7.79 trillion constant LCU 9
1990s 6.78 trillion constant LCU 6.05 trillion constant LCU 7.54 trillion constant LCU 10
2000s 10.21 trillion constant LCU 7.52 trillion constant LCU 13.42 trillion constant LCU 10
2010s 21.73 trillion constant LCU 14.09 trillion constant LCU 27.93 trillion constant LCU 10
2020s 29.87 trillion constant LCU 26.66 trillion constant LCU 34.33 trillion constant LCU 6

Countries ranked near Mongolia

  1. 25 Pakistan 43.61 trillion constant LCU compare
  2. 26 Lebanon 40.18 trillion constant LCU compare
  3. 27 Bangladesh 34.63 trillion constant LCU compare
  4. 29 Cameroon 26.49 trillion constant LCU compare
  5. 30 Mexico 25.51 trillion constant LCU compare
  6. 31 United States 25.15 trillion constant LCU compare

See the full ranking of 214 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gdp in Mongolia?
Gdp in Mongolia was 34.33 trillion constant LCU 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 34.33 trillion constant LCU in 2025.
What is the lowest gdp recorded in Mongolia?
The lowest recorded value was 4.90 trillion constant LCU in 1981.
How does Mongolia rank for gdp?
Mongolia ranks 28th out of 214 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 LCU). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
214 places, 11,623 data points, 1960–2025
Last refreshed

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 varies by country. This series is expressed in local currency units.