Gross domestic product (GDP), Current prices, Domestic currency in Mongolia
Mongolia: Gross domestic product (GDP), Current prices, Domestic currency was 13.84 % change on previous year in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Mongolia, 1971–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Mongolia recorded 13.84 % change on previous year for gross domestic product (gdp), current prices, domestic currency in 2019.
Compared with earlier readings it is down 14.9% on the previous year and up 2,487.7% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Mongolia peaked at 251.43 % change on previous year in 1993 and was at its lowest, -2.48 % change on previous year, in 1990.
That places Mongolia 17th out of 194 countries with data for 2019, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Mongolia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 4.69 % change on previous year | — |
| 1972 | 3.62 % change on previous year | -23.0% |
| 1973 | 8.89 % change on previous year | +145.9% |
| 1974 | 4.24 % change on previous year | -52.4% |
| 1975 | 6.51 % change on previous year | +53.6% |
| 1976 | 3.9 % change on previous year | -40.1% |
| 1977 | 7.78 % change on previous year | +99.8% |
| 1978 | 7.52 % change on previous year | -3.4% |
| 1979 | 4.27 % change on previous year | -43.2% |
| 1980 | 6.39 % change on previous year | +49.8% |
| 1981 | 16.76 % change on previous year | +162.1% |
| 1982 | 12.21 % change on previous year | -27.1% |
| 1983 | -2.33 % change on previous year | -119.0% |
| 1984 | 4.34 % change on previous year | -286.4% |
| 1985 | 5.33 % change on previous year | +22.9% |
| 1986 | -0.0637 % change on previous year | -101.2% |
| 1987 | -0.5415 % change on previous year | +749.6% |
| 1988 | 6.09 % change on previous year | -1224.7% |
| 1989 | 4.17 % change on previous year | -31.5% |
| 1990 | -2.48 % change on previous year | -159.4% |
| 1991 | 80.69 % change on previous year | -3356.6% |
| 1992 | 150.13 % change on previous year | +86.0% |
| 1993 | 251.43 % change on previous year | +67.5% |
| 1994 | 70.42 % change on previous year | -72.0% |
| 1995 | 51.52 % change on previous year | -26.8% |
| 1996 | 16.65 % change on previous year | -67.7% |
| 1997 | 28.78 % change on previous year | +72.8% |
| 1998 | -1.83 % change on previous year | -106.4% |
| 1999 | 13.21 % change on previous year | -821.5% |
| 2000 | 10.11 % change on previous year | -23.5% |
| 2001 | 13.71 % change on previous year | +35.6% |
| 2002 | 11.4 % change on previous year | -16.8% |
| 2003 | 17.96 % change on previous year | +57.5% |
| 2004 | 29.09 % change on previous year | +62.0% |
| 2005 | 28.81 % change on previous year | -1.0% |
| 2006 | 32.42 % change on previous year | +12.5% |
| 2007 | 23.07 % change on previous year | -28.9% |
| 2008 | 32.26 % change on previous year | +39.8% |
| 2009 | 0.5349 % change on previous year | -98.3% |
| 2010 | 27.67 % change on previous year | +5073.4% |
| 2011 | 35.02 % change on previous year | +26.6% |
| 2012 | 26.68 % change on previous year | -23.8% |
| 2013 | 14.9 % change on previous year | -44.2% |
| 2014 | 15.92 % change on previous year | +6.9% |
| 2015 | 4.15 % change on previous year | -73.9% |
| 2016 | 3.42 % change on previous year | -17.6% |
| 2017 | 16.43 % change on previous year | +379.9% |
| 2018 | 16.27 % change on previous year | -1.0% |
| 2019 | 13.84 % change on previous year | -14.9% |
Mongolia compared with similar countries
- Mongolia's 13.84 % change on previous year is above the median for upper middle income countries, which is 5.34 % change on previous year, 2.6× the median. (57 countries reporting)
- Mongolia's 13.84 % change on previous year is above the median for East Asia & Pacific, which is 4.53 % change on previous year, 3.1× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Current prices, Domestic currency 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 |
|---|---|---|---|
| 2010 | +5073.4% | 0.5349 % change on previous year | 27.67 % change on previous year |
| 1991 | +3356.6% | -2.48 % change on previous year | 80.69 % change on previous year |
| 1988 | +1224.7% | -0.5415 % change on previous year | 6.09 % change on previous year |
| 1999 | +821.5% | -1.83 % change on previous year | 13.21 % change on previous year |
| 1987 | -749.6% | -0.0637 % change on previous year | -0.5415 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.71 % change on previous year | 3.62 % change on previous year | 8.89 % change on previous year | 9 |
| 1980s | 5.24 % change on previous year | -2.33 % change on previous year | 16.76 % change on previous year | 10 |
| 1990s | 65.85 % change on previous year | -2.48 % change on previous year | 251.43 % change on previous year | 10 |
| 2000s | 19.94 % change on previous year | 0.5349 % change on previous year | 32.42 % change on previous year | 10 |
| 2010s | 17.43 % change on previous year | 3.42 % change on previous year | 35.02 % change on previous year | 10 |
Countries ranked near Mongolia
- 14 Guinea 15.44 % change on previous year compare
- 15 Turkey 14.95 % change on previous year compare
- 16 Sierra Leone 14.62 % change on previous year compare
- 18 Malawi 13.66 % change on previous year compare
- 19 Gambia 13.64 % change on previous year compare
- 20 Nepal 13.59 % change on previous year 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)
- IMF holdings of currency, SDR, annual growth rate -26.13 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0049 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 35.08 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0064 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 45.3 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Mongolia?
- Gross domestic product (gdp), current prices, domestic currency in Mongolia was 13.84 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Mongolia?
- The highest recorded value was 251.43 % change on previous year in 1993.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Mongolia?
- The lowest recorded value was -2.48 % change on previous year in 1990.
- How does Mongolia rank for gross domestic product (gdp), current prices, domestic currency?
- Mongolia ranks 17th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Mongolia?
- Over the last ten years it is up 2,487.7%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP), Current prices, Domestic currency International Monetary Fund
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
The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.