Goods exports (BoP, current US$), per unit of GDP in Mongolia
Mongolia: Goods exports (BoP, current US$), per unit of GDP was 0.6199 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Goods exports (BoP, current US$), per unit of GDP in Mongolia, 1981–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2024, goods exports (bop, current us$), per unit of gdp in Mongolia stood at 0.6199 BoP, current US$ per US$ of GDP.
The figure is down 9.5% on the previous year and up 38.5% over ten years.
Over the whole period, goods exports (bop, current us$), per unit of gdp in Mongolia peaked at 0.6846 BoP, current US$ per US$ of GDP in 2023 and was at its lowest, 0.1456 BoP, current US$ per US$ of GDP, in 1991.
That places Mongolia 12th out of 199 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 44 years of available data.
Goods exports (BoP, current US$), per unit of GDP in Mongolia, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1981 | 0.1896 BoP, current US$ per US$ of GDP | — |
| 1982 | 0.2032 BoP, current US$ per US$ of GDP | +7.1% |
| 1983 | 0.2043 BoP, current US$ per US$ of GDP | +0.5% |
| 1984 | 0.2841 BoP, current US$ per US$ of GDP | +39.1% |
| 1985 | 0.2593 BoP, current US$ per US$ of GDP | -8.7% |
| 1986 | 0.2558 BoP, current US$ per US$ of GDP | -1.3% |
| 1987 | 0.2705 BoP, current US$ per US$ of GDP | +5.7% |
| 1988 | 0.2587 BoP, current US$ per US$ of GDP | -4.4% |
| 1989 | 0.2225 BoP, current US$ per US$ of GDP | -14.0% |
| 1990 | 0.1737 BoP, current US$ per US$ of GDP | -21.9% |
| 1991 | 0.1456 BoP, current US$ per US$ of GDP | -16.1% |
| 1992 | 0.27 BoP, current US$ per US$ of GDP | +85.4% |
| 1993 | 0.4761 BoP, current US$ per US$ of GDP | +76.3% |
| 1994 | 0.3964 BoP, current US$ per US$ of GDP | -16.7% |
| 1995 | 0.3106 BoP, current US$ per US$ of GDP | -21.7% |
| 1996 | 0.3146 BoP, current US$ per US$ of GDP | +1.3% |
| 1997 | 0.4814 BoP, current US$ per US$ of GDP | +53.0% |
| 1998 | 0.4111 BoP, current US$ per US$ of GDP | -14.6% |
| 1999 | 0.4296 BoP, current US$ per US$ of GDP | +4.5% |
| 2000 | 0.4713 BoP, current US$ per US$ of GDP | +9.7% |
| 2001 | 0.4126 BoP, current US$ per US$ of GDP | -12.5% |
| 2002 | 0.3752 BoP, current US$ per US$ of GDP | -9.1% |
| 2003 | 0.3932 BoP, current US$ per US$ of GDP | +4.8% |
| 2004 | 0.4378 BoP, current US$ per US$ of GDP | +11.3% |
| 2005 | 0.4225 BoP, current US$ per US$ of GDP | -3.5% |
| 2006 | 0.4522 BoP, current US$ per US$ of GDP | +7.0% |
| 2007 | 0.4606 BoP, current US$ per US$ of GDP | +1.9% |
| 2008 | 0.4461 BoP, current US$ per US$ of GDP | -3.1% |
| 2009 | 0.4103 BoP, current US$ per US$ of GDP | -8.0% |
| 2010 | 0.4045 BoP, current US$ per US$ of GDP | -1.4% |
| 2011 | 0.3896 BoP, current US$ per US$ of GDP | -3.7% |
| 2012 | 0.3092 BoP, current US$ per US$ of GDP | -20.7% |
| 2013 | 0.3012 BoP, current US$ per US$ of GDP | -2.6% |
| 2014 | 0.4475 BoP, current US$ per US$ of GDP | +48.6% |
| 2015 | 0.3827 BoP, current US$ per US$ of GDP | -14.5% |
| 2016 | 0.4296 BoP, current US$ per US$ of GDP | +12.3% |
| 2017 | 0.5082 BoP, current US$ per US$ of GDP | +18.3% |
| 2018 | 0.4975 BoP, current US$ per US$ of GDP | -2.1% |
| 2019 | 0.5056 BoP, current US$ per US$ of GDP | +1.6% |
| 2020 | 0.5251 BoP, current US$ per US$ of GDP | +3.9% |
| 2021 | 0.5322 BoP, current US$ per US$ of GDP | +1.4% |
| 2022 | 0.5747 BoP, current US$ per US$ of GDP | +8.0% |
| 2023 | 0.6846 BoP, current US$ per US$ of GDP | +19.1% |
| 2024 | 0.6199 BoP, current US$ per US$ of GDP | -9.5% |
Mongolia compared with similar countries
- Mongolia's 0.6199 BoP, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.194 BoP, current US$ per US$ of GDP, 3.2× the median. (57 countries reporting)
- Mongolia's 0.6199 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.1892 BoP, current US$ per US$ of GDP, 3.3× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Goods exports (BoP, current US$), per unit of GDP in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +85.4% | 0.1456 BoP, current US$ per US$ of GDP | 0.27 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2387 BoP, current US$ per US$ of GDP | 0.1896 BoP, current US$ per US$ of GDP | 0.2841 BoP, current US$ per US$ of GDP | 9 |
| 1990s | 0.3409 BoP, current US$ per US$ of GDP | 0.1456 BoP, current US$ per US$ of GDP | 0.4814 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.4282 BoP, current US$ per US$ of GDP | 0.3752 BoP, current US$ per US$ of GDP | 0.4713 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.4176 BoP, current US$ per US$ of GDP | 0.3012 BoP, current US$ per US$ of GDP | 0.5082 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.5873 BoP, current US$ per US$ of GDP | 0.5251 BoP, current US$ per US$ of GDP | 0.6846 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Mongolia
- 9 Equatorial Guinea 0.7542 BoP, current US$ per US$ of GDP compare
- 10 Brunei 0.6847 BoP, current US$ per US$ of GDP compare
- 11 Suriname 0.6555 BoP, current US$ per US$ of GDP compare
- 13 Cambodia 0.6117 BoP, current US$ per US$ of GDP compare
- 14 Oman 0.6081 BoP, current US$ per US$ of GDP compare
- 15 Slovenia 0.5995 BoP, current US$ per US$ of GDP 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$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is goods exports (bop, current us$), per unit of gdp in Mongolia?
- Goods exports (bop, current us$), per unit of gdp in Mongolia was 0.6199 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest goods exports (bop, current us$), per unit of gdp recorded in Mongolia?
- The highest recorded value was 0.6846 BoP, current US$ per US$ of GDP in 2023.
- What is the lowest goods exports (bop, current us$), per unit of gdp recorded in Mongolia?
- The lowest recorded value was 0.1456 BoP, current US$ per US$ of GDP in 1991.
- How does Mongolia rank for goods exports (bop, current us$), per unit of gdp?
- Mongolia ranks 12th out of 199 countries with data for 2024.
- Is goods exports (bop, current us$), per unit of gdp rising or falling in Mongolia?
- Over the last ten years it is up 38.5%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from Statizoid (derived), published as part of Goods exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.