Gross domestic product (GDP), Constant prices, Purchasing power in Mongolia
Mongolia: Gross domestic product (GDP), Constant prices, Purchasing power was 36.59 in 2019. ◆ Volatile
Gross domestic product (GDP), Constant prices, Purchasing power in Mongolia, 1970–2019
Source: International Monetary Fund.
Analysis
Mongolia recorded 36.59 for gross domestic product (gdp), constant prices, purchasing power in 2019. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 4.9% on the previous year and up 108.6% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Mongolia peaked at 36.59 in 2019 and was at its lowest, 3.39, in 1970.
Mongolia ranks 127th of 193 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.
Gross domestic product (GDP), Constant prices, Purchasing power in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 3.39 | — |
| 1971 | 3.55 | +4.7% |
| 1972 | 3.68 | +3.6% |
| 1973 | 4 | +8.9% |
| 1974 | 4.17 | +4.2% |
| 1975 | 4.44 | +6.5% |
| 1976 | 4.62 | +3.9% |
| 1977 | 4.98 | +7.8% |
| 1978 | 5.35 | +7.5% |
| 1979 | 5.58 | +4.3% |
| 1980 | 5.94 | +6.4% |
| 1981 | 6.44 | +8.4% |
| 1982 | 6.97 | +8.3% |
| 1983 | 7.38 | +5.8% |
| 1984 | 7.81 | +5.9% |
| 1985 | 8.26 | +5.7% |
| 1986 | 9.03 | +9.4% |
| 1987 | 9.35 | +3.5% |
| 1988 | 9.83 | +5.1% |
| 1989 | 10.24 | +4.2% |
| 1990 | 9.98 | -2.5% |
| 1991 | 9.12 | -8.7% |
| 1992 | 8.27 | -9.3% |
| 1993 | 8.01 | -3.2% |
| 1994 | 8.18 | +2.1% |
| 1995 | 8.7 | +6.4% |
| 1996 | 8.9 | +2.2% |
| 1997 | 9.24 | +3.9% |
| 1998 | 9.55 | +3.3% |
| 1999 | 9.85 | +3.1% |
| 2000 | 9.96 | +1.1% |
| 2001 | 10.25 | +3.0% |
| 2002 | 10.74 | +4.7% |
| 2003 | 11.49 | +7.0% |
| 2004 | 12.71 | +10.6% |
| 2005 | 13.63 | +7.3% |
| 2006 | 14.8 | +8.6% |
| 2007 | 16.32 | +10.2% |
| 2008 | 17.77 | +8.9% |
| 2009 | 17.54 | -1.3% |
| 2010 | 18.66 | +6.4% |
| 2011 | 21.89 | +17.3% |
| 2012 | 24.58 | +12.3% |
| 2013 | 27.45 | +11.6% |
| 2014 | 29.61 | +7.9% |
| 2015 | 30.31 | +2.4% |
| 2016 | 30.92 | +2.0% |
| 2017 | 32.6 | +5.4% |
| 2018 | 34.9 | +7.0% |
| 2019 | 36.59 | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.38 | 3.39 | 5.58 | 10 |
| 1980s | 8.12 | 5.94 | 10.24 | 10 |
| 1990s | 8.98 | 8.01 | 9.98 | 10 |
| 2000s | 13.52 | 9.96 | 17.77 | 10 |
| 2010s | 28.75 | 18.66 | 36.59 | 10 |
Countries ranked near Mongolia
- 124 Papua New Guinea 38.42 compare
- 125 Mozambique 38.38 compare
- 126 Albania 37.19 compare
- 128 Trinidad and Tobago 35.72 compare
- 129 North Macedonia 33.72 compare
- 130 Nicaragua 33.33 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)
- Final consumption expenditure (constant 2015 US$), per capita 4,461 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 3.5 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9752 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 6,932 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 8.24 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 3,457 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 24.57 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 1.23 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, purchasing power in Mongolia?
- Gross domestic product (gdp), constant prices, purchasing power in Mongolia was 36.59 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Mongolia?
- The highest recorded value was 36.59 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Mongolia?
- The lowest recorded value was 3.39 in 1970.
- How does Mongolia rank for gross domestic product (gdp), constant prices, purchasing power?
- Mongolia ranks 127th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Mongolia?
- Over the last ten years it is up 108.6%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.