GDP per capita in Mongolia
Mongolia: GDP per capita was 15,172 international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
15,172 international-$ in 2021 prices
Change on year
up 9.7%
World rank
101st
of 184 countries
All-time high
15,172 international-$ in 2021 prices
in 2023
All-time low
1,526 international-$ in 2021 prices
in 1970
Years of data
54
1970–2023
GDP per capita in Mongolia, 1970–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gdp per capita in Mongolia is 15,172 international-$ in 2021 prices, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 9.7% on the previous year and up 11.7% over ten years.
Over the whole period, gdp per capita in Mongolia peaked at 15,172 international-$ in 2021 prices in 2023 and was at its lowest, 1,526 international-$ in 2021 prices, in 1970.
Mongolia ranks 101st of 184 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.
GDP per capita in Mongolia, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1970 | 1,526 international-$ in 2021 prices | — |
| 1971 | 1,556 international-$ in 2021 prices | +2.0% |
| 1972 | 1,568 international-$ in 2021 prices | +0.8% |
| 1973 | 1,660 international-$ in 2021 prices | +5.8% |
| 1974 | 1,683 international-$ in 2021 prices | +1.4% |
| 1975 | 1,732 international-$ in 2021 prices | +2.9% |
| 1976 | 1,745 international-$ in 2021 prices | +0.7% |
| 1977 | 1,863 international-$ in 2021 prices | +6.7% |
| 1978 | 1,895 international-$ in 2021 prices | +1.7% |
| 1979 | 1,929 international-$ in 2021 prices | +1.8% |
| 1980 | 2,177 international-$ in 2021 prices | +12.9% |
| 1981 | 1,931 international-$ in 2021 prices | -11.3% |
| 1982 | 2,234 international-$ in 2021 prices | +15.7% |
| 1983 | 2,503 international-$ in 2021 prices | +12.0% |
| 1984 | 2,783 international-$ in 2021 prices | +11.2% |
| 1985 | 2,725 international-$ in 2021 prices | -2.1% |
| 1986 | 2,873 international-$ in 2021 prices | +5.5% |
| 1987 | 3,064 international-$ in 2021 prices | +6.6% |
| 1988 | 3,161 international-$ in 2021 prices | +3.2% |
| 1989 | 3,076 international-$ in 2021 prices | -2.7% |
| 1990 | 4,335 international-$ in 2021 prices | +40.9% |
| 1991 | 3,122 international-$ in 2021 prices | -28.0% |
| 1992 | 2,943 international-$ in 2021 prices | -5.7% |
| 1993 | 2,336 international-$ in 2021 prices | -20.6% |
| 1994 | 2,441 international-$ in 2021 prices | +4.5% |
| 1995 | 3,127 international-$ in 2021 prices | +28.1% |
| 1996 | 2,916 international-$ in 2021 prices | -6.7% |
| 1997 | 3,026 international-$ in 2021 prices | +3.8% |
| 1998 | 3,007 international-$ in 2021 prices | -0.6% |
| 1999 | 3,151 international-$ in 2021 prices | +4.8% |
| 2000 | 3,525 international-$ in 2021 prices | +11.9% |
| 2001 | 3,884 international-$ in 2021 prices | +10.2% |
| 2002 | 4,213 international-$ in 2021 prices | +8.5% |
| 2003 | 4,541 international-$ in 2021 prices | +7.8% |
| 2004 | 5,311 international-$ in 2021 prices | +17.0% |
| 2005 | 6,235 international-$ in 2021 prices | +17.4% |
| 2006 | 7,291 international-$ in 2021 prices | +16.9% |
| 2007 | 8,358 international-$ in 2021 prices | +14.6% |
| 2008 | 9,000 international-$ in 2021 prices | +7.7% |
| 2009 | 8,444 international-$ in 2021 prices | -6.2% |
| 2010 | 9,951 international-$ in 2021 prices | +17.8% |
| 2011 | 12,394 international-$ in 2021 prices | +24.6% |
| 2012 | 14,119 international-$ in 2021 prices | +13.9% |
| 2013 | 13,580 international-$ in 2021 prices | -3.8% |
| 2014 | 12,874 international-$ in 2021 prices | -5.2% |
| 2015 | 12,127 international-$ in 2021 prices | -5.8% |
| 2016 | 11,780 international-$ in 2021 prices | -2.9% |
| 2017 | 11,913 international-$ in 2021 prices | +1.1% |
| 2018 | 12,820 international-$ in 2021 prices | +7.6% |
| 2019 | 13,859 international-$ in 2021 prices | +8.1% |
| 2020 | 13,557 international-$ in 2021 prices | -2.2% |
| 2021 | 13,053 international-$ in 2021 prices | -3.7% |
| 2022 | 13,824 international-$ in 2021 prices | +5.9% |
| 2023 | 15,172 international-$ in 2021 prices | +9.7% |
Mongolia compared with similar countries
- Mongolia's 15,172 international-$ in 2021 prices is below the median for upper middle income countries, which is 16,649 international-$ in 2021 prices, 91% of the median. (51 countries reporting)
- Mongolia's 15,172 international-$ in 2021 prices is below the median for East Asia & Pacific, which is 23,029 international-$ in 2021 prices, 66% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,716 international-$ in 2021 prices | 1,526 international-$ in 2021 prices | 1,929 international-$ in 2021 prices | 10 |
| 1980s | 2,653 international-$ in 2021 prices | 1,931 international-$ in 2021 prices | 3,161 international-$ in 2021 prices | 10 |
| 1990s | 3,040 international-$ in 2021 prices | 2,336 international-$ in 2021 prices | 4,335 international-$ in 2021 prices | 10 |
| 2000s | 6,080 international-$ in 2021 prices | 3,525 international-$ in 2021 prices | 9,000 international-$ in 2021 prices | 10 |
| 2010s | 12,542 international-$ in 2021 prices | 9,951 international-$ in 2021 prices | 14,119 international-$ in 2021 prices | 10 |
| 2020s | 13,902 international-$ in 2021 prices | 13,053 international-$ in 2021 prices | 15,172 international-$ in 2021 prices | 4 |
Countries ranked near Mongolia
- 98 Dominica 16,020 international-$ in 2021 prices compare
- 99 Albania 15,969 international-$ in 2021 prices compare
- 100 Grenada 15,265 international-$ in 2021 prices compare
- 102 Paraguay 15,007 international-$ in 2021 prices compare
- 103 Iran 14,809 international-$ in 2021 prices compare
- 104 Algeria 14,580 international-$ in 2021 prices compare
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$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is gdp per capita in Mongolia?
- Gdp per capita in Mongolia was 15,172 international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gdp per capita recorded in Mongolia?
- The highest recorded value was 15,172 international-$ in 2021 prices in 2023.
- What is the lowest gdp per capita recorded in Mongolia?
- The lowest recorded value was 1,526 international-$ in 2021 prices in 1970.
- How does Mongolia rank for gdp per capita?
- Mongolia ranks 101st out of 184 countries with data for 2023.
- Is gdp per capita rising or falling in Mongolia?
- Over the last ten years it is up 11.7%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.