Global Revenue Statistics … Gross domestic product, current prices in Mongolia
Mongolia: Global Revenue Statistics … Gross domestic product, current prices was 20,534 US dollar in 2023. ◆ Volatile
Global Revenue Statistics - Reference series — Gross domestic in Mongolia, 1990–2023
Source: Organisation for Economic Co-operation and Development. Measured in US dollar.
Analysis
In 2023, global revenue statistics - reference series — gross domestic in Mongolia stood at 20,534 US dollar. That is the highest value across all 34 years on record.
That represents a change of up 17.5% on the previous year and up 63.2% over ten years.
Over the whole period, global revenue statistics - reference series — gross domestic in Mongolia peaked at 20,534 US dollar in 2023 and was at its lowest, 771 US dollar, in 1993.
Mongolia ranks 80th of 133 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.
Global Revenue Statistics … Gross domestic product, current prices in Mongolia, year by year
| Year | US dollar | Change |
|---|---|---|
| 1990 | 2,741 US dollar | — |
| 1991 | 2,821 US dollar | +2.9% |
| 1992 | 1,566 US dollar | -44.5% |
| 1993 | 771 US dollar | -50.8% |
| 1994 | 926 US dollar | +20.1% |
| 1995 | 1,452 US dollar | +56.8% |
| 1996 | 1,348 US dollar | -7.2% |
| 1997 | 1,181 US dollar | -12.4% |
| 1998 | 1,125 US dollar | -4.7% |
| 1999 | 1,057 US dollar | -6.0% |
| 2000 | 1,200 US dollar | +13.5% |
| 2001 | 1,298 US dollar | +8.2% |
| 2002 | 1,408 US dollar | +8.5% |
| 2003 | 1,611 US dollar | +14.4% |
| 2004 | 2,007 US dollar | +24.5% |
| 2005 | 2,523 US dollar | +25.7% |
| 2006 | 3,442 US dollar | +36.4% |
| 2007 | 4,308 US dollar | +25.2% |
| 2008 | 5,695 US dollar | +32.2% |
| 2009 | 4,569 US dollar | -19.8% |
| 2010 | 7,185 US dollar | +57.3% |
| 2011 | 10,410 US dollar | +44.9% |
| 2012 | 12,278 US dollar | +17.9% |
| 2013 | 12,582 US dollar | +2.5% |
| 2014 | 12,227 US dollar | -2.8% |
| 2015 | 11,620 US dollar | -5.0% |
| 2016 | 11,154 US dollar | -4.0% |
| 2017 | 11,481 US dollar | +2.9% |
| 2018 | 13,207 US dollar | +15.0% |
| 2019 | 14,206 US dollar | +7.6% |
| 2020 | 13,466 US dollar | -5.2% |
| 2021 | 15,689 US dollar | +16.5% |
| 2022 | 17,473 US dollar | +11.4% |
| 2023 | 20,534 US dollar | +17.5% |
Mongolia compared with similar countries
- Mongolia's 20,534 US dollar is below the median for upper middle income countries, which is 33,071 US dollar, 62% of the median. (38 countries reporting)
- Mongolia's 20,534 US dollar is below the median for East Asia & Pacific, which is 43,304 US dollar, 47% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,499 US dollar | 771 US dollar | 2,821 US dollar | 10 |
| 2000s | 2,806 US dollar | 1,200 US dollar | 5,695 US dollar | 10 |
| 2010s | 11,635 US dollar | 7,185 US dollar | 14,206 US dollar | 10 |
| 2020s | 16,790 US dollar | 13,466 US dollar | 20,534 US dollar | 4 |
Countries ranked near Mongolia
More economy & growth data for Mongolia
- Real gdp growth, annual growth rate 33.62 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -2.15 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 24.74 units per person (2025)
- SDRs holdings, SDR, annual growth rate -6.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 18.07 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -22.42 % change on previous year (2025)
Frequently asked questions
- What is global revenue statistics - reference series — gross domestic in Mongolia?
- Global revenue statistics - reference series — gross domestic in Mongolia was 20,534 US dollar in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - reference series — gross domestic recorded in Mongolia?
- The highest recorded value was 20,534 US dollar in 2023.
- What is the lowest global revenue statistics - reference series — gross domestic recorded in Mongolia?
- The lowest recorded value was 771 US dollar in 1993.
- How does Mongolia rank for global revenue statistics - reference series — gross domestic?
- Mongolia ranks 80th out of 133 countries with data for 2023.
- Is global revenue statistics - reference series — gross domestic rising or falling in Mongolia?
- Over the last ten years it is up 63.2%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Reference series — Gross domestic product, current prices. Statizoid updates them automatically from the source API.
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About this data
Includes Gross Domestic Product (GDP) for tax reporting years at market prices in national currency and in US dollars, and exchange rates in national currency per US dollar.