Gdp penn world table in Mongolia

Mongolia: Gdp penn world table was 52.07 billion in 2023. ◆ Volatile

Latest (2023)
52.07 billion
Change on year
up 11.2%
World rank
113th
of 184 countries
All-time high
52.07 billion
in 2023
All-time low
1.98 billion
in 1970
Years of data
54
1970–2023

Gdp penn world table in Mongolia, 1970–2023

020.0B40.0B60.0B197019962023

Source: Our World in Data.

Analysis

In 2023, gdp penn world table in Mongolia stood at 52.07 billion. That is the highest value across all 54 years on record.

Compared with earlier readings it is up 11.2% on the previous year and up 34.4% over ten years.

Over the whole period, gdp penn world table in Mongolia peaked at 52.07 billion in 2023 and was at its lowest, 1.98 billion, in 1970.

That places Mongolia 113th out of 184 countries with data for 2023, putting it in the middle of the range.

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

Gdp penn world table in Mongolia, year by year

Annual values for Gdp penn world table in Mongolia, 1970 to 2023.
Year Value Change
1970 1.98 billion —
1971 2.07 billion +4.7%
1972 2.14 billion +3.6%
1973 2.33 billion +8.8%
1974 2.43 billion +4.3%
1975 2.58 billion +5.9%
1976 2.67 billion +3.7%
1977 2.94 billion +9.8%
1978 3.07 billion +4.5%
1979 3.20 billion +4.4%
1980 3.70 billion +15.6%
1981 3.37 billion -9.1%
1982 3.99 billion +18.5%
1983 4.58 billion +14.7%
1984 5.22 billion +13.9%
1985 5.24 billion +0.4%
1986 5.66 billion +8.2%
1987 6.20 billion +9.4%
1988 6.56 billion +5.9%
1989 6.53 billion -0.4%
1990 9.38 billion +43.6%
1991 6.88 billion -26.7%
1992 6.59 billion -4.2%
1993 5.31 billion -19.4%
1994 5.63 billion +6.0%
1995 7.30 billion +29.7%
1996 6.89 billion -5.6%
1997 7.23 billion +4.9%
1998 7.25 billion +0.4%
1999 7.67 billion +5.7%
2000 8.65 billion +12.8%
2001 9.62 billion +11.2%
2002 10.53 billion +9.4%
2003 11.45 billion +8.7%
2004 13.51 billion +18.0%
2005 15.98 billion +18.4%
2006 18.84 billion +17.9%
2007 21.80 billion +15.7%
2008 23.71 billion +8.8%
2009 22.51 billion -5.1%
2010 26.89 billion +19.5%
2011 34.03 billion +26.6%
2012 39.47 billion +16.0%
2013 38.73 billion -1.9%
2014 37.50 billion -3.2%
2015 36.10 billion -3.8%
2016 35.82 billion -0.8%
2017 36.98 billion +3.2%
2018 40.61 billion +9.8%
2019 44.79 billion +10.3%
2020 44.61 billion -0.4%
2021 43.59 billion -2.3%
2022 46.81 billion +7.4%
2023 52.07 billion +11.2%

Mongolia compared with similar countries

  • Mongolia's 52.07 billion is below the median for upper middle income countries, which is 148.60 billion, 35% of the median. (51 countries reporting)
  • Mongolia's 52.07 billion is below the median for East Asia & Pacific, which is 596.79 billion, 9% of the median. (19 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.54 billion 1.98 billion 3.20 billion 10
1980s 5.10 billion 3.37 billion 6.56 billion 10
1990s 7.01 billion 5.31 billion 9.38 billion 10
2000s 15.66 billion 8.65 billion 23.71 billion 10
2010s 37.09 billion 26.89 billion 44.79 billion 10
2020s 46.77 billion 43.59 billion 52.07 billion 4

Countries ranked near Mongolia

  1. 110 Mali 61.19 billion compare
  2. 111 Bosnia and Herzegovina 60.59 billion compare
  3. 112 Burkina Faso 54.36 billion compare
  4. 114 Mozambique 51.89 billion compare
  5. 115 Estonia 51.21 billion compare
  6. 116 Guinea 51.12 billion compare

See the full ranking of 184 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gdp penn world table in Mongolia?
Gdp penn world table in Mongolia was 52.07 billion in 2023, according to Our World in Data.
What is the highest gdp penn world table recorded in Mongolia?
The highest recorded value was 52.07 billion in 2023.
What is the lowest gdp penn world table recorded in Mongolia?
The lowest recorded value was 1.98 billion in 1970.
How does Mongolia rank for gdp penn world table?
Mongolia ranks 113th out of 184 countries with data for 2023.
Is gdp penn world table rising or falling in Mongolia?
Over the last ten years it is up 34.4%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Our World in Data, published as part of Gdp penn world table. Statizoid updates them automatically from the source API.

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Gdp penn world table in Mongolia. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/gdp-penn-world-table/mongolia/

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About this data

Indicator
Gdp penn world table
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed