GDP per capita in Mongolia

Mongolia: GDP per capita was 13,443 international-$ in 2011 prices in 2022. ◆ Volatile

Latest (2022)
13,443 international-$ in 2011 prices
Change on year
up 3.5%
World rank
80th
of 165 countries
All-time high
13,871 international-$ in 2011 prices
in 2019
All-time low
677 international-$ in 2011 prices
in 1950
Years of data
73
1950–2022

GDP per capita in Mongolia, 1950–2022

05.0k10.0k15.0k195019862022

Source: Bolt and van Zanden – Maddison Project Database 2023 – with minor processing by Our World in Data. Measured in international-$ in 2011 prices.

Analysis

In 2022, gdp per capita in Mongolia stood at 13,443 international-$ in 2011 prices.

The figure is up 3.5% on the previous year and up 28.1% over ten years.

Over the whole period, gdp per capita in Mongolia peaked at 13,871 international-$ in 2011 prices in 2019 and was at its lowest, 677 international-$ in 2011 prices, in 1950.

Mongolia ranks 80th of 165 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.

Averages by decade

DecadeAverage LowestHighest Years
1950s 777.3 international-$ in 2011 prices 677 international-$ in 2011 prices 885 international-$ in 2011 prices 10
1960s 1,045 international-$ in 2011 prices 912 international-$ in 2011 prices 1,189 international-$ in 2011 prices 10
1970s 1,375 international-$ in 2011 prices 1,226 international-$ in 2011 prices 1,556 international-$ in 2011 prices 10
1980s 1,974 international-$ in 2011 prices 1,618 international-$ in 2011 prices 2,232 international-$ in 2011 prices 10
1990s 2,203 international-$ in 2011 prices 1,841 international-$ in 2011 prices 2,802 international-$ in 2011 prices 10
2000s 4,814 international-$ in 2011 prices 2,936 international-$ in 2011 prices 7,127 international-$ in 2011 prices 10
2010s 11,637 international-$ in 2011 prices 7,830 international-$ in 2011 prices 13,871 international-$ in 2011 prices 10
2020s 13,142 international-$ in 2011 prices 12,990 international-$ in 2011 prices 13,443 international-$ in 2011 prices 3

Countries ranked near Mongolia

  1. 77 North Macedonia 14,051 international-$ in 2011 prices compare
  2. 78 Armenia 13,838 international-$ in 2011 prices compare
  3. 79 Algeria 13,506 international-$ in 2011 prices compare
  4. 81 Egypt 13,205 international-$ in 2011 prices compare
  5. 82 Iraq 13,072 international-$ in 2011 prices compare
  6. 83 Albania 12,978 international-$ in 2011 prices compare

See the full ranking of 166 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gdp per capita in Mongolia?
Gdp per capita in Mongolia was 13,443 international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with minor processing by Our World in Data.
What is the highest gdp per capita recorded in Mongolia?
The highest recorded value was 13,871 international-$ in 2011 prices in 2019.
What is the lowest gdp per capita recorded in Mongolia?
The lowest recorded value was 677 international-$ in 2011 prices in 1950.
How does Mongolia rank for gdp per capita?
Mongolia ranks 80th out of 165 countries with data for 2022.
Is gdp per capita rising or falling in Mongolia?
Over the last ten years it is up 28.1%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with minor processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.

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About this data

Indicator
GDP per capita
Unit
international-$ in 2011 prices
Source
Bolt and van Zanden – Maddison Project Database 2023 – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 21,075 data points, 1000–2022
Last refreshed

Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.