GDP in Mongolia
Mongolia: GDP was 89.94 trillion current LCU in 2025. ◆ Volatile
GDP in Mongolia, 1980–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Mongolia recorded 89.94 trillion current LCU for gdp in 2025. That is the highest value across all 46 years on record.
The figure is up 11.5% on the previous year and up 292.8% over ten years.
Over the whole period, gdp in Mongolia peaked at 89.94 trillion current LCU in 2025 and was at its lowest, 6.30 billion current LCU, in 1980.
Mongolia ranks 29th 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.
GDP in Mongolia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | 6.30 billion current LCU | — |
| 1981 | 6.93 billion current LCU | +9.9% |
| 1982 | 7.66 billion current LCU | +10.5% |
| 1983 | 8.18 billion current LCU | +6.8% |
| 1984 | 8.39 billion current LCU | +2.7% |
| 1985 | 8.75 billion current LCU | +4.2% |
| 1986 | 8.69 billion current LCU | -0.7% |
| 1987 | 9.06 billion current LCU | +4.3% |
| 1988 | 9.61 billion current LCU | +6.1% |
| 1989 | 10.73 billion current LCU | +11.6% |
| 1990 | 12.80 billion current LCU | +19.3% |
| 1991 | 22.60 billion current LCU | +76.5% |
| 1992 | 56.13 billion current LCU | +148.4% |
| 1993 | 227.68 billion current LCU | +305.6% |
| 1994 | 382.10 billion current LCU | +67.8% |
| 1995 | 651.46 billion current LCU | +70.5% |
| 1996 | 738.00 billion current LCU | +13.3% |
| 1997 | 932.93 billion current LCU | +26.4% |
| 1998 | 945.46 billion current LCU | +1.3% |
| 1999 | 1.08 trillion current LCU | +14.3% |
| 2000 | 1.22 trillion current LCU | +13.3% |
| 2001 | 1.39 trillion current LCU | +13.7% |
| 2002 | 1.55 trillion current LCU | +11.4% |
| 2003 | 1.83 trillion current LCU | +18.0% |
| 2004 | 2.36 trillion current LCU | +29.1% |
| 2005 | 3.04 trillion current LCU | +28.8% |
| 2006 | 4.03 trillion current LCU | +32.4% |
| 2007 | 4.96 trillion current LCU | +23.1% |
| 2008 | 6.56 trillion current LCU | +32.3% |
| 2009 | 6.59 trillion current LCU | +0.5% |
| 2010 | 9.76 trillion current LCU | +48.0% |
| 2011 | 13.17 trillion current LCU | +35.0% |
| 2012 | 16.69 trillion current LCU | +26.7% |
| 2013 | 19.17 trillion current LCU | +14.9% |
| 2014 | 22.23 trillion current LCU | +15.9% |
| 2015 | 22.89 trillion current LCU | +3.0% |
| 2016 | 23.93 trillion current LCU | +4.5% |
| 2017 | 28.01 trillion current LCU | +17.0% |
| 2018 | 32.58 trillion current LCU | +16.3% |
| 2019 | 37.84 trillion current LCU | +16.1% |
| 2020 | 37.45 trillion current LCU | -1.0% |
| 2021 | 43.56 trillion current LCU | +16.3% |
| 2022 | 53.85 trillion current LCU | +23.6% |
| 2023 | 70.44 trillion current LCU | +30.8% |
| 2024 | 80.66 trillion current LCU | +14.5% |
| 2025 | 89.94 trillion current LCU | +11.5% |
Mongolia compared with similar countries
- Mongolia's 89.94 trillion current LCU is above the median for upper middle income countries, which is 1.04 trillion current LCU, 86.2× the median. (59 countries reporting)
- Mongolia's 89.94 trillion current LCU is above the median for East Asia & Pacific, which is 433.92 billion current LCU, 207.3× the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +305.6% | 56.13 billion current LCU | 227.68 billion current LCU |
| 1992 | +148.4% | 22.60 billion current LCU | 56.13 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.43 billion current LCU | 6.30 billion current LCU | 10.73 billion current LCU | 10 |
| 1990s | 504.97 billion current LCU | 12.80 billion current LCU | 1.08 trillion current LCU | 10 |
| 2000s | 3.35 trillion current LCU | 1.22 trillion current LCU | 6.59 trillion current LCU | 10 |
| 2010s | 22.63 trillion current LCU | 9.76 trillion current LCU | 37.84 trillion current LCU | 10 |
| 2020s | 62.65 trillion current LCU | 37.45 trillion current LCU | 89.94 trillion current 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 89.94 trillion current 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 89.94 trillion current LCU in 2025.
- What is the lowest gdp recorded in Mongolia?
- The lowest recorded value was 6.30 billion current LCU in 1980.
- How does Mongolia rank for gdp?
- Mongolia ranks 29th out of 214 countries with data for 2025.
- Is gdp rising or falling in Mongolia?
- Over the last ten years it is up 292.8%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.