Goods imports (BoP, current US$), per unit of GDP in Mongolia
Mongolia: Goods imports (BoP, current US$), per unit of GDP was 0.4904 BoP, current US$ per US$ of GDP in 2024. ▼ Falling
Goods imports (BoP, current US$), per unit of GDP in Mongolia, 1981–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for goods imports (bop, current us$), per unit of gdp in Mongolia is 0.4904 BoP, current US$ per US$ of GDP, measured in 2024.
The figure is up 6.4% on the previous year and up 13.3% over ten years.
Over the whole period, goods imports (bop, current us$), per unit of gdp in Mongolia peaked at 0.646 BoP, current US$ per US$ of GDP in 2011 and was at its lowest, 0.1881 BoP, current US$ per US$ of GDP, in 1991.
Mongolia ranks 43rd of 199 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 44 years of available data.
Goods imports (BoP, current US$), per unit of GDP in Mongolia, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1981 | 0.5371 BoP, current US$ per US$ of GDP | — |
| 1982 | 0.5299 BoP, current US$ per US$ of GDP | -1.3% |
| 1983 | 0.4998 BoP, current US$ per US$ of GDP | -5.7% |
| 1984 | 0.6236 BoP, current US$ per US$ of GDP | +24.8% |
| 1985 | 0.6246 BoP, current US$ per US$ of GDP | +0.2% |
| 1986 | 0.5842 BoP, current US$ per US$ of GDP | -6.5% |
| 1987 | 0.5566 BoP, current US$ per US$ of GDP | -4.7% |
| 1988 | 0.5311 BoP, current US$ per US$ of GDP | -4.6% |
| 1989 | 0.4917 BoP, current US$ per US$ of GDP | -7.4% |
| 1990 | 0.3677 BoP, current US$ per US$ of GDP | -25.2% |
| 1991 | 0.1881 BoP, current US$ per US$ of GDP | -48.8% |
| 1992 | 0.2921 BoP, current US$ per US$ of GDP | +55.3% |
| 1993 | 0.4483 BoP, current US$ per US$ of GDP | +53.5% |
| 1994 | 0.36 BoP, current US$ per US$ of GDP | -19.7% |
| 1995 | 0.2932 BoP, current US$ per US$ of GDP | -18.6% |
| 1996 | 0.3416 BoP, current US$ per US$ of GDP | +16.5% |
| 1997 | 0.4133 BoP, current US$ per US$ of GDP | +21.0% |
| 1998 | 0.4662 BoP, current US$ per US$ of GDP | +12.8% |
| 1999 | 0.483 BoP, current US$ per US$ of GDP | +3.6% |
| 2000 | 0.5351 BoP, current US$ per US$ of GDP | +10.8% |
| 2001 | 0.4919 BoP, current US$ per US$ of GDP | -8.1% |
| 2002 | 0.4871 BoP, current US$ per US$ of GDP | -1.0% |
| 2003 | 0.4681 BoP, current US$ per US$ of GDP | -3.9% |
| 2004 | 0.4876 BoP, current US$ per US$ of GDP | +4.2% |
| 2005 | 0.4619 BoP, current US$ per US$ of GDP | -5.3% |
| 2006 | 0.4123 BoP, current US$ per US$ of GDP | -10.7% |
| 2007 | 0.473 BoP, current US$ per US$ of GDP | +14.7% |
| 2008 | 0.5581 BoP, current US$ per US$ of GDP | +18.0% |
| 2009 | 0.4492 BoP, current US$ per US$ of GDP | -19.5% |
| 2010 | 0.4284 BoP, current US$ per US$ of GDP | -4.6% |
| 2011 | 0.646 BoP, current US$ per US$ of GDP | +50.8% |
| 2012 | 0.5556 BoP, current US$ per US$ of GDP | -14.0% |
| 2013 | 0.5085 BoP, current US$ per US$ of GDP | -8.5% |
| 2014 | 0.4329 BoP, current US$ per US$ of GDP | -14.9% |
| 2015 | 0.3342 BoP, current US$ per US$ of GDP | -22.8% |
| 2016 | 0.31 BoP, current US$ per US$ of GDP | -7.3% |
| 2017 | 0.3784 BoP, current US$ per US$ of GDP | +22.1% |
| 2018 | 0.4455 BoP, current US$ per US$ of GDP | +17.7% |
| 2019 | 0.4241 BoP, current US$ per US$ of GDP | -4.8% |
| 2020 | 0.3932 BoP, current US$ per US$ of GDP | -7.3% |
| 2021 | 0.4426 BoP, current US$ per US$ of GDP | +12.6% |
| 2022 | 0.5028 BoP, current US$ per US$ of GDP | +13.6% |
| 2023 | 0.4608 BoP, current US$ per US$ of GDP | -8.4% |
| 2024 | 0.4904 BoP, current US$ per US$ of GDP | +6.4% |
Mongolia compared with similar countries
- Mongolia's 0.4904 BoP, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.379 BoP, current US$ per US$ of GDP, 1.3× the median. (57 countries reporting)
- Mongolia's 0.4904 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.4177 BoP, current US$ per US$ of GDP, 1.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.5532 BoP, current US$ per US$ of GDP | 0.4917 BoP, current US$ per US$ of GDP | 0.6246 BoP, current US$ per US$ of GDP | 9 |
| 1990s | 0.3654 BoP, current US$ per US$ of GDP | 0.1881 BoP, current US$ per US$ of GDP | 0.483 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.4824 BoP, current US$ per US$ of GDP | 0.4123 BoP, current US$ per US$ of GDP | 0.5581 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.4464 BoP, current US$ per US$ of GDP | 0.31 BoP, current US$ per US$ of GDP | 0.646 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.458 BoP, current US$ per US$ of GDP | 0.3932 BoP, current US$ per US$ of GDP | 0.5028 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Mongolia
- 40 Moldova 0.4969 BoP, current US$ per US$ of GDP compare
- 41 Namibia 0.4964 BoP, current US$ per US$ of GDP compare
- 42 Belarus 0.4921 BoP, current US$ per US$ of GDP compare
- 44 Maldives 0.4898 BoP, current US$ per US$ of GDP compare
- 45 Micronesia (country) 0.4888 BoP, current US$ per US$ of GDP compare
- 46 Switzerland 0.4869 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$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is goods imports (bop, current us$), per unit of gdp in Mongolia?
- Goods imports (bop, current us$), per unit of gdp in Mongolia was 0.4904 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest goods imports (bop, current us$), per unit of gdp recorded in Mongolia?
- The highest recorded value was 0.646 BoP, current US$ per US$ of GDP in 2011.
- What is the lowest goods imports (bop, current us$), per unit of gdp recorded in Mongolia?
- The lowest recorded value was 0.1881 BoP, current US$ per US$ of GDP in 1991.
- How does Mongolia rank for goods imports (bop, current us$), per unit of gdp?
- Mongolia ranks 43rd out of 199 countries with data for 2024.
- Is goods imports (bop, current us$), per unit of gdp rising or falling in Mongolia?
- Over the last ten years it is up 13.3%. The long-run trend across the full record is falling.
- Where does this Mongolia data come from?
- The figures come from Statizoid (derived), published as part of Goods imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.