Gross domestic product (GDP) in Mongolia
Mongolia: Gross domestic product (GDP) was 17.42 billion constant 2015 US$ in 2025. ◆ Volatile
Gross domestic product (GDP) in Mongolia, 1981–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
Mongolia recorded 17.42 billion constant 2015 US$ for gross domestic product (gdp) in 2025. That is the highest value across all 45 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, gross domestic product (gdp) in Mongolia peaked at 17.42 billion constant 2015 US$ in 2025 and was at its lowest, 2.48 billion constant 2015 US$, in 1981.
Mongolia ranks 126th of 209 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.23 billion constant 2015 US$ | 2.48 billion constant 2015 US$ | 3.95 billion constant 2015 US$ | 9 |
| 1990s | 3.44 billion constant 2015 US$ | 3.07 billion constant 2015 US$ | 3.83 billion constant 2015 US$ | 10 |
| 2000s | 5.18 billion constant 2015 US$ | 3.82 billion constant 2015 US$ | 6.81 billion constant 2015 US$ | 10 |
| 2010s | 11.03 billion constant 2015 US$ | 7.15 billion constant 2015 US$ | 14.17 billion constant 2015 US$ | 10 |
| 2020s | 15.16 billion constant 2015 US$ | 13.53 billion constant 2015 US$ | 17.42 billion constant 2015 US$ | 6 |
Countries ranked near Mongolia
- 123 Burkina Faso 18.95 billion constant 2015 US$ compare
- 124 Chad 18.35 billion constant 2015 US$ compare
- 125 Armenia 17.49 billion constant 2015 US$ compare
- 127 Botswana 17.40 billion constant 2015 US$ compare
- 128 Jamaica 17.32 billion constant 2015 US$ compare
- 129 Gabon 17.22 billion constant 2015 US$ compare
More economy & growth data for Mongolia
- External balance on goods and services as a percent of GDP 5.4% (2025)
- Inflation of consumer prices 8.6% (2025)
- GDP per capita 4,882 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 5.9% (2025)
- GDP per capita in international and market dollars 4,882 constant 2015 US$ (2025)
- DEC alternative conversion factor 3,545 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.26 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 355.63 million current US$ (2025)
- Taxes less subsidies on products 8.52 trillion current LCU (2025)
- Taxes less subsidies on products 2.40 billion current US$ (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Mongolia?
- Gross domestic product (gdp) in Mongolia was 17.42 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Mongolia?
- The highest recorded value was 17.42 billion constant 2015 US$ in 2025.
- What is the lowest gross domestic product (gdp) recorded in Mongolia?
- The lowest recorded value was 2.48 billion constant 2015 US$ in 1981.
- How does Mongolia rank for gross domestic product (gdp)?
- Mongolia ranks 126th out of 209 countries with data for 2025.
- Is gross domestic product (gdp) 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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.