Gross domestic product (GDP), Constant prices, Purchasing power in Mongolia
Mongolia: Gross domestic product (GDP), Constant prices, Purchasing power was 3.88 in 2031. ◆ Volatile
Gross domestic product (GDP), Constant prices, Purchasing power in Mongolia, 1991–2031
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, purchasing power in Mongolia is 3.88, measured in 2031.
The figure is up 0.2% on the previous year and up 5,069.1% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Mongolia peaked at 15.18 in 2011 and was at its lowest, -11.37, in 1991.
Mongolia ranks 10th of 37 countries on this measure, in the top quarter.
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 |
|---|---|---|
| 1991 | -11.37 | — |
| 1992 | -10.92 | -4.0% |
| 1993 | -4.06 | -62.8% |
| 1994 | 1.18 | -129.0% |
| 1995 | 4.8 | +307.3% |
| 1996 | 0.752 | -84.3% |
| 1997 | 2.48 | +229.8% |
| 1998 | 1.9 | -23.5% |
| 1999 | 1.62 | -14.6% |
| 2000 | -0.1003 | -106.2% |
| 2001 | 3.38 | -3468.4% |
| 2002 | 3.85 | +13.9% |
| 2003 | 6.09 | +58.3% |
| 2004 | 8.27 | +35.8% |
| 2005 | 5.28 | -36.1% |
| 2006 | 6.82 | +29.0% |
| 2007 | 7.21 | +5.8% |
| 2008 | 5.98 | -17.1% |
| 2009 | -3.88 | -165.0% |
| 2010 | 5.58 | -243.6% |
| 2011 | 15.18 | +172.2% |
| 2012 | 10.12 | -33.3% |
| 2013 | 9.27 | -8.5% |
| 2014 | 5.52 | -40.4% |
| 2015 | 0.3395 | -93.8% |
| 2016 | -0.5321 | -256.7% |
| 2017 | 3.71 | -797.2% |
| 2018 | 5.73 | +54.4% |
| 2019 | 3.73 | -34.9% |
| 2020 | -6.28 | -268.3% |
| 2021 | 0.075 | -101.2% |
| 2022 | 3.59 | +4680.5% |
| 2023 | 5.98 | +66.6% |
| 2024 | 3.93 | -34.2% |
| 2025 | 5.69 | +44.6% |
| 2026 | 4.12 | -27.5% |
| 2027 | 4.15 | +0.6% |
| 2028 | 4.06 | -2.1% |
| 2029 | 3.87 | -4.8% |
| 2030 | 3.87 | +0.2% |
| 2031 | 3.88 | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.51 | -11.37 | 4.8 | 9 |
| 2000s | 4.29 | -3.88 | 8.27 | 10 |
| 2010s | 5.86 | -0.5321 | 15.18 | 10 |
| 2020s | 2.92 | -6.28 | 5.98 | 10 |
| 2030s | 3.87 | 3.87 | 3.88 | 2 |
Countries ranked near Mongolia
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 gross domestic product (gdp), constant prices, purchasing power in Mongolia?
- Gross domestic product (gdp), constant prices, purchasing power in Mongolia was 3.88 in 2031, 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 15.18 in 2011.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Mongolia?
- The lowest recorded value was -11.37 in 1991.
- How does Mongolia rank for gross domestic product (gdp), constant prices, purchasing power?
- Mongolia ranks 10th out of 37 countries with data for 2031.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Mongolia?
- Over the last ten years it is up 5,069.1%. 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) per capita percent change (National Accounts Statistics (SNA)). Statizoid updates them automatically from the source API.
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About this data
APD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in Asia and the Pacific. Data for the REO for Asia and Pacific is prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall. Data are consistent with the projections underlying the WEO. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.