GDP, PPP in Mongolia
Mongolia: GDP, PPP was 63.43 billion constant 2021 international $ in 2025. ◆ Volatile
GDP, PPP in Mongolia, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
The most recent figure for gdp, ppp in Mongolia is 63.43 billion constant 2021 international $, measured in 2025. That is the highest value across all 36 years on record.
That represents a change of up 6.8% on the previous year and up 50.0% over ten years.
Over the whole period, gdp, ppp in Mongolia peaked at 63.43 billion constant 2021 international $ in 2025 and was at its lowest, 11.18 billion constant 2021 international $, in 1993.
That places Mongolia 115th out of 200 countries with data for 2025, 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, PPP in Mongolia, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1990 | 13.93 billion constant 2021 international $ | — |
| 1991 | 12.72 billion constant 2021 international $ | -8.7% |
| 1992 | 11.54 billion constant 2021 international $ | -9.3% |
| 1993 | 11.18 billion constant 2021 international $ | -3.2% |
| 1994 | 11.42 billion constant 2021 international $ | +2.1% |
| 1995 | 12.14 billion constant 2021 international $ | +6.4% |
| 1996 | 12.41 billion constant 2021 international $ | +2.2% |
| 1997 | 12.90 billion constant 2021 international $ | +3.9% |
| 1998 | 13.33 billion constant 2021 international $ | +3.3% |
| 1999 | 13.74 billion constant 2021 international $ | +3.1% |
| 2000 | 13.90 billion constant 2021 international $ | +1.1% |
| 2001 | 14.31 billion constant 2021 international $ | +3.0% |
| 2002 | 14.98 billion constant 2021 international $ | +4.7% |
| 2003 | 16.03 billion constant 2021 international $ | +7.0% |
| 2004 | 17.74 billion constant 2021 international $ | +10.6% |
| 2005 | 19.02 billion constant 2021 international $ | +7.3% |
| 2006 | 20.65 billion constant 2021 international $ | +8.6% |
| 2007 | 22.77 billion constant 2021 international $ | +10.2% |
| 2008 | 24.79 billion constant 2021 international $ | +8.9% |
| 2009 | 24.48 billion constant 2021 international $ | -1.3% |
| 2010 | 26.04 billion constant 2021 international $ | +6.4% |
| 2011 | 30.54 billion constant 2021 international $ | +17.3% |
| 2012 | 34.30 billion constant 2021 international $ | +12.3% |
| 2013 | 38.30 billion constant 2021 international $ | +11.6% |
| 2014 | 41.32 billion constant 2021 international $ | +7.9% |
| 2015 | 42.30 billion constant 2021 international $ | +2.4% |
| 2016 | 42.93 billion constant 2021 international $ | +1.5% |
| 2017 | 45.35 billion constant 2021 international $ | +5.6% |
| 2018 | 48.86 billion constant 2021 international $ | +7.7% |
| 2019 | 51.60 billion constant 2021 international $ | +5.6% |
| 2020 | 49.25 billion constant 2021 international $ | -4.6% |
| 2021 | 50.05 billion constant 2021 international $ | +1.6% |
| 2022 | 52.57 billion constant 2021 international $ | +5.0% |
| 2023 | 56.47 billion constant 2021 international $ | +7.4% |
| 2024 | 59.37 billion constant 2021 international $ | +5.1% |
| 2025 | 63.43 billion constant 2021 international $ | +6.8% |
Mongolia compared with similar countries
- Mongolia's 63.43 billion constant 2021 international $ is below the median for upper middle income countries, which is 102.11 billion constant 2021 international $, 62% of the median. (58 countries reporting)
- Mongolia's 63.43 billion constant 2021 international $ is below the median for East Asia & Pacific, which is 69.86 billion constant 2021 international $, 91% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.53 billion constant 2021 international $ | 11.18 billion constant 2021 international $ | 13.93 billion constant 2021 international $ | 10 |
| 2000s | 18.87 billion constant 2021 international $ | 13.90 billion constant 2021 international $ | 24.79 billion constant 2021 international $ | 10 |
| 2010s | 40.15 billion constant 2021 international $ | 26.04 billion constant 2021 international $ | 51.60 billion constant 2021 international $ | 10 |
| 2020s | 55.19 billion constant 2021 international $ | 49.25 billion constant 2021 international $ | 63.43 billion constant 2021 international $ | 6 |
Countries ranked near Mongolia
- 112 Bosnia and Herzegovina 66.50 billion constant 2021 international $ compare
- 113 Armenia 65.29 billion constant 2021 international $ compare
- 114 Guinea 63.67 billion constant 2021 international $ compare
- 116 Burkina Faso 63.19 billion constant 2021 international $ compare
- 117 Benin 60.98 billion constant 2021 international $ compare
- 118 Lebanon 60.78 billion constant 2021 international $ 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, ppp in Mongolia?
- Gdp, ppp in Mongolia was 63.43 billion constant 2021 international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp, ppp recorded in Mongolia?
- The highest recorded value was 63.43 billion constant 2021 international $ in 2025.
- What is the lowest gdp, ppp recorded in Mongolia?
- The lowest recorded value was 11.18 billion constant 2021 international $ in 1993.
- How does Mongolia rank for gdp, ppp?
- Mongolia ranks 115th out of 200 countries with data for 2025.
- Is gdp, ppp 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 International Comparison Program (ICP), World Bank (WB), published as part of GDP, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross domestic product (GDP) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.