GDP in Mongolia
Mongolia: GDP was 34.33 trillion constant LCU in 2025. ◆ Volatile
GDP in Mongolia, 1981–2025
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 215 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Mongolia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1981 | 4.90 trillion constant LCU | — |
| 1982 | 5.30 trillion constant LCU | +8.3% |
| 1983 | 5.61 trillion constant LCU | +5.8% |
| 1984 | 5.95 trillion constant LCU | +5.9% |
| 1985 | 6.29 trillion constant LCU | +5.7% |
| 1986 | 6.87 trillion constant LCU | +9.4% |
| 1987 | 7.11 trillion constant LCU | +3.5% |
| 1988 | 7.48 trillion constant LCU | +5.1% |
| 1989 | 7.79 trillion constant LCU | +4.2% |
| 1990 | 7.54 trillion constant LCU | -3.2% |
| 1991 | 6.88 trillion constant LCU | -8.7% |
| 1992 | 6.25 trillion constant LCU | -9.3% |
| 1993 | 6.05 trillion constant LCU | -3.2% |
| 1994 | 6.18 trillion constant LCU | +2.1% |
| 1995 | 6.57 trillion constant LCU | +6.4% |
| 1996 | 6.72 trillion constant LCU | +2.2% |
| 1997 | 6.98 trillion constant LCU | +3.9% |
| 1998 | 7.21 trillion constant LCU | +3.3% |
| 1999 | 7.44 trillion constant LCU | +3.1% |
| 2000 | 7.52 trillion constant LCU | +1.1% |
| 2001 | 7.74 trillion constant LCU | +3.0% |
| 2002 | 8.11 trillion constant LCU | +4.7% |
| 2003 | 8.68 trillion constant LCU | +7.0% |
| 2004 | 9.60 trillion constant LCU | +10.6% |
| 2005 | 10.30 trillion constant LCU | +7.3% |
| 2006 | 11.18 trillion constant LCU | +8.6% |
| 2007 | 12.32 trillion constant LCU | +10.2% |
| 2008 | 13.42 trillion constant LCU | +8.9% |
| 2009 | 13.25 trillion constant LCU | -1.3% |
| 2010 | 14.09 trillion constant LCU | +6.4% |
| 2011 | 16.53 trillion constant LCU | +17.3% |
| 2012 | 18.57 trillion constant LCU | +12.3% |
| 2013 | 20.73 trillion constant LCU | +11.6% |
| 2014 | 22.36 trillion constant LCU | +7.9% |
| 2015 | 22.89 trillion constant LCU | +2.4% |
| 2016 | 23.24 trillion constant LCU | +1.5% |
| 2017 | 24.55 trillion constant LCU | +5.6% |
| 2018 | 26.45 trillion constant LCU | +7.7% |
| 2019 | 27.93 trillion constant LCU | +5.6% |
| 2020 | 26.66 trillion constant LCU | -4.6% |
| 2021 | 27.09 trillion constant LCU | +1.6% |
| 2022 | 28.46 trillion constant LCU | +5.0% |
| 2023 | 30.57 trillion constant LCU | +7.4% |
| 2024 | 32.13 trillion constant LCU | +5.1% |
| 2025 | 34.33 trillion constant LCU | +6.8% |
Mongolia compared with similar countries
- Mongolia's 34.33 trillion constant LCU is above the median for upper middle income countries, which is 568.48 billion constant LCU, 60.4× the median. (59 countries reporting)
- Mongolia's 34.33 trillion constant LCU is above the median for East Asia & Pacific, which is 387.42 billion constant LCU, 88.6× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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 215 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.
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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 varies by country. This series is expressed in local currency units.