Goods exports (BoP, current US$), annual growth rate in Mongolia

Mongolia: Goods exports (BoP, current US$), annual growth rate was 6.01 % change on previous year in 2024. ◆ Volatile

Latest (2024)
6.01 % change on previous year
Change on year
down 85.4%
World rank
91st
of 199 countries
All-time high
54.6 % change on previous year
in 2010
All-time low
-44.11 % change on previous year
in 1990
Years of data
43
1982–2024

Goods exports (BoP, current US$), annual growth rate in Mongolia, 1982–2024

-40-2002040601982200320241982: 18.4 % change on previous year1983: 7.4 % change on previous year1984: 7.1 % change on previous year1985: -4.9 % change on previous year1986: 30.7 % change on previous year1987: 10.3 % change on previous year1988: 1.5 % change on previous year1989: -4 % change on previous year1990: -44.1 % change on previous year1991: -22.1 % change on previous year1992: 2.7 % change on previous year1993: 2.8 % change on previous year1994: 0.328 % change on previous year1995: 22.9 % change on previous year1996: -6.1 % change on previous year1997: 34.3 % change on previous year1998: -18.7 % change on previous year1999: -1.7 % change on previous year2000: 18 % change on previous year2001: -2.4 % change on previous year2002: 0.15 % change on previous year2003: 19.7 % change on previous year2004: 39 % change on previous year2005: 22.3 % change on previous year2006: 44.8 % change on previous year2007: 26.3 % change on previous year2008: 28.6 % change on previous year2009: -25 % change on previous year2010: 54.6 % change on previous year2011: 39.5 % change on previous year2012: -6.3 % change on previous year2013: -0.292 % change on previous year2014: 44.4 % change on previous year2015: -18.7 % change on previous year2016: 8 % change on previous year2017: 21.4 % change on previous year2018: 12.4 % change on previous year2019: 9.6 % change on previous year2020: -2.7 % change on previous year2021: 16.4 % change on previous year2022: 21.1 % change on previous year2023: 41.2 % change on previous year2024: 6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Mongolia recorded 6.01 % change on previous year for goods exports (bop, current us$), annual growth rate in 2024.

The figure is down 85.4% on the previous year and down 86.5% over ten years.

Over the whole period, goods exports (bop, current us$), annual growth rate in Mongolia peaked at 54.6 % change on previous year in 2010 and was at its lowest, -44.11 % change on previous year, in 1990.

Mongolia ranks 91st of 199 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.

Goods exports (BoP, current US$), annual growth rate in Mongolia, year by year

Annual values for Goods exports (BoP, current US$), annual growth rate in Mongolia, 1982 to 2024.
Year % change on previous year Change
1982 18.37 % change on previous year
1983 7.37 % change on previous year -59.9%
1984 7.08 % change on previous year -3.9%
1985 -4.91 % change on previous year -169.5%
1986 30.69 % change on previous year -724.5%
1987 10.28 % change on previous year -66.5%
1988 1.47 % change on previous year -85.7%
1989 -4.02 % change on previous year -373.5%
1990 -44.11 % change on previous year +998.2%
1991 -22.1 % change on previous year -49.9%
1992 2.68 % change on previous year -112.1%
1993 2.81 % change on previous year +4.7%
1994 0.328 % change on previous year -88.3%
1995 22.89 % change on previous year +6877.1%
1996 -6.12 % change on previous year -126.7%
1997 34.27 % change on previous year -660.0%
1998 -18.68 % change on previous year -154.5%
1999 -1.74 % change on previous year -90.7%
2000 17.96 % change on previous year -1129.8%
2001 -2.37 % change on previous year -113.2%
2002 0.1504 % change on previous year -106.4%
2003 19.73 % change on previous year +13013.0%
2004 39.02 % change on previous year +97.8%
2005 22.25 % change on previous year -43.0%
2006 44.82 % change on previous year +101.4%
2007 26.35 % change on previous year -41.2%
2008 28.6 % change on previous year +8.5%
2009 -25.02 % change on previous year -187.5%
2010 54.6 % change on previous year -318.2%
2011 39.48 % change on previous year -27.7%
2012 -6.3 % change on previous year -116.0%
2013 -0.2915 % change on previous year -95.4%
2014 44.37 % change on previous year -15320.2%
2015 -18.73 % change on previous year -142.2%
2016 8.04 % change on previous year -142.9%
2017 21.45 % change on previous year +166.7%
2018 12.38 % change on previous year -42.3%
2019 9.55 % change on previous year -22.8%
2020 -2.68 % change on previous year -128.0%
2021 16.38 % change on previous year -712.2%
2022 21.12 % change on previous year +29.0%
2023 41.2 % change on previous year +95.1%
2024 6.01 % change on previous year -85.4%

Mongolia compared with similar countries

  • Mongolia's 6.01 % change on previous year is above the median for upper middle income countries, which is 4.69 % change on previous year, 1.3× the median. (57 countries reporting)
  • Mongolia's 6.01 % change on previous year is below the median for East Asia & Pacific, which is 6.59 % change on previous year, 91% of the median. (33 countries reporting)

Biggest year-on-year movements

Years where Goods exports (BoP, current US$), annual growth rate in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2014 +15320.2% -0.2915 % change on previous year 44.37 % change on previous year
2003 +13013.0% 0.1504 % change on previous year 19.73 % change on previous year
1995 +6877.1% 0.328 % change on previous year 22.89 % change on previous year
2000 +1129.8% -1.74 % change on previous year 17.96 % change on previous year
1990 -998.2% -4.02 % change on previous year -44.11 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1980s 8.29 % change on previous year -4.91 % change on previous year 30.69 % change on previous year 8
1990s -2.98 % change on previous year -44.11 % change on previous year 34.27 % change on previous year 10
2000s 17.15 % change on previous year -25.02 % change on previous year 44.82 % change on previous year 10
2010s 16.46 % change on previous year -18.73 % change on previous year 54.6 % change on previous year 10
2020s 16.41 % change on previous year -2.68 % change on previous year 41.2 % change on previous year 5

Countries ranked near Mongolia

  1. 88 Iceland 6.23 % change on previous year compare
  2. 89 Austria 6.22 % change on previous year compare
  3. 90 Italy 6.08 % change on previous year compare
  4. 92 Fiji 5.92 % change on previous year compare
  5. 93 Jordan 5.85 % change on previous year compare
  6. 94 Spain 5.7 % change on previous year compare

See the full ranking of 244 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is goods exports (bop, current us$), annual growth rate in Mongolia?
Goods exports (bop, current us$), annual growth rate in Mongolia was 6.01 % change on previous year in 2024, according to Statizoid (derived).
What is the highest goods exports (bop, current us$), annual growth rate recorded in Mongolia?
The highest recorded value was 54.6 % change on previous year in 2010.
What is the lowest goods exports (bop, current us$), annual growth rate recorded in Mongolia?
The lowest recorded value was -44.11 % change on previous year in 1990.
How does Mongolia rank for goods exports (bop, current us$), annual growth rate?
Mongolia ranks 91st out of 199 countries with data for 2024.
Is goods exports (bop, current us$), annual growth rate rising or falling in Mongolia?
Over the last ten years it is down 86.5%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Statizoid (derived), published as part of Goods exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Goods exports (BoP, current US$), annual growth rate in Mongolia. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/goods-exports-bop-current-us-annual-growth-rate/mongolia/

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How this figure is calculated

The year-on-year percentage change in Goods exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Goods exports (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 9,379 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Goods exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.