Gross capital formation (constant LCU), per square kilometre in Mongolia

Mongolia: Gross capital formation (constant LCU), per square kilometre was 8.17 million constant LCU per square kilometre in 2023. ▲ Rising

Latest (2023)
8.17 million constant LCU per square kilometre
Change on year
down 3.5%
World rank
51st
of 166 countries
All-time high
8.46 million constant LCU per square kilometre
in 2022
All-time low
3.54 million constant LCU per square kilometre
in 2016
Years of data
14
2010–2023

Gross capital formation (constant LCU), per square kilometre in Mongolia, 2010–2023

02.0M4.0M6.0M8.0M2010201620232010: 3.6M constant LCU per square kilometre2011: 5.9M constant LCU per square kilometre2012: 6.9M constant LCU per square kilometre2013: 7.0M constant LCU per square kilometre2014: 4.9M constant LCU per square kilometre2015: 3.6M constant LCU per square kilometre2016: 3.5M constant LCU per square kilometre2017: 4.7M constant LCU per square kilometre2018: 7.1M constant LCU per square kilometre2019: 7.1M constant LCU per square kilometre2020: 4.2M constant LCU per square kilometre2021: 7.6M constant LCU per square kilometre2022: 8.5M constant LCU per square kilometre2023: 8.2M constant LCU per square kilometre

Source: Statizoid (derived). Measured in constant LCU per square kilometre.

Analysis

The most recent figure for gross capital formation (constant lcu), per square kilometre in Mongolia is 8.17 million constant LCU per square kilometre, measured in 2023.

Compared with earlier readings it is down 3.5% on the previous year and up 16.6% over ten years.

Over the whole period, gross capital formation (constant lcu), per square kilometre in Mongolia peaked at 8.46 million constant LCU per square kilometre in 2022 and was at its lowest, 3.54 million constant LCU per square kilometre, in 2016.

Mongolia ranks 51st of 166 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 14 years of available data.

Gross capital formation (constant LCU), per square kilometre in Mongolia, year by year

Annual values for Gross capital formation (constant LCU), per square kilometre in Mongolia, 2010 to 2023.
Year constant LCU per square kilometre Change
2010 3.62 million constant LCU per square kilometre
2011 5.89 million constant LCU per square kilometre +62.8%
2012 6.91 million constant LCU per square kilometre +17.4%
2013 7.01 million constant LCU per square kilometre +1.4%
2014 4.90 million constant LCU per square kilometre -30.1%
2015 3.60 million constant LCU per square kilometre -26.5%
2016 3.54 million constant LCU per square kilometre -1.8%
2017 4.66 million constant LCU per square kilometre +31.6%
2018 7.09 million constant LCU per square kilometre +52.1%
2019 7.10 million constant LCU per square kilometre +0.2%
2020 4.21 million constant LCU per square kilometre -40.7%
2021 7.61 million constant LCU per square kilometre +80.7%
2022 8.46 million constant LCU per square kilometre +11.2%
2023 8.17 million constant LCU per square kilometre -3.5%

Mongolia compared with similar countries

  • Mongolia's 8.17 million constant LCU per square kilometre is above the median for upper middle income countries, which is 1.62 million constant LCU per square kilometre, 5.0× the median. (46 countries reporting)
  • Mongolia's 8.17 million constant LCU per square kilometre is above the median for East Asia & Pacific, which is 2.92 million constant LCU per square kilometre, 2.8× the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 5.43 million constant LCU per square kilometre 3.54 million constant LCU per square kilometre 7.10 million constant LCU per square kilometre 10
2020s 7.11 million constant LCU per square kilometre 4.21 million constant LCU per square kilometre 8.46 million constant LCU per square kilometre 4

Countries ranked near Mongolia

  1. 48 Malawi 9.27 million constant LCU per square kilometre compare
  2. 49 Iceland 8.75 million constant LCU per square kilometre compare
  3. 50 Burkina Faso 8.58 million constant LCU per square kilometre compare
  4. 52 United Arab Emirates 6.96 million constant LCU per square kilometre compare
  5. 53 Nepal 6.67 million constant LCU per square kilometre compare
  6. 54 Pakistan 6.33 million constant LCU per square kilometre compare

See the full ranking of 166 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gross capital formation (constant lcu), per square kilometre in Mongolia?
Gross capital formation (constant lcu), per square kilometre in Mongolia was 8.17 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross capital formation (constant lcu), per square kilometre recorded in Mongolia?
The highest recorded value was 8.46 million constant LCU per square kilometre in 2022.
What is the lowest gross capital formation (constant lcu), per square kilometre recorded in Mongolia?
The lowest recorded value was 3.54 million constant LCU per square kilometre in 2016.
How does Mongolia rank for gross capital formation (constant lcu), per square kilometre?
Mongolia ranks 51st out of 166 countries with data for 2023.
Is gross capital formation (constant lcu), per square kilometre rising or falling in Mongolia?
Over the last ten years it is up 16.6%. 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 Gross capital formation (constant LCU), per square kilometre. Statizoid updates them automatically from the source API.

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Gross capital formation (constant LCU), per square kilometre in Mongolia. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-constant-lcu-per-square-kilometre/mongolia/

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How this figure is calculated

Gross capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross capital formation (constant LCU) ÷ Land area (sq. km)

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
Gross capital formation (constant LCU), per square kilometre
Unit
constant LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 6,614 data points, 1961–2023
Last refreshed

Gross capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.