Gross domestic product (GDP), Current prices, Domestic currency in Mongolia
Mongolia: Gross domestic product (GDP), Current prices, Domestic currency was 36,898 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Mongolia, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), current prices, domestic currency in Mongolia stood at 36,898. That is the highest value across all 50 years on record.
The figure is up 13.8% on the previous year and up 382.8% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Mongolia peaked at 36,898 in 2019 and was at its lowest, 7.13, in 1970.
That places Mongolia 30th out of 194 countries with data for 2019, putting it in the top quarter.
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 | Value | Change |
|---|---|---|
| 1970 | 7.13 | — |
| 1971 | 7.47 | +4.7% |
| 1972 | 7.74 | +3.6% |
| 1973 | 8.43 | +8.9% |
| 1974 | 8.78 | +4.2% |
| 1975 | 9.35 | +6.5% |
| 1976 | 9.72 | +3.9% |
| 1977 | 10.47 | +7.8% |
| 1978 | 11.26 | +7.5% |
| 1979 | 11.74 | +4.3% |
| 1980 | 12.49 | +6.4% |
| 1981 | 14.59 | +16.8% |
| 1982 | 16.37 | +12.2% |
| 1983 | 15.99 | -2.3% |
| 1984 | 16.68 | +4.3% |
| 1985 | 17.57 | +5.3% |
| 1986 | 17.56 | -0.1% |
| 1987 | 17.47 | -0.5% |
| 1988 | 18.53 | +6.1% |
| 1989 | 19.3 | +4.2% |
| 1990 | 18.82 | -2.5% |
| 1991 | 34.01 | +80.7% |
| 1992 | 85.08 | +150.1% |
| 1993 | 299 | +251.4% |
| 1994 | 509.54 | +70.4% |
| 1995 | 772.06 | +51.5% |
| 1996 | 900.65 | +16.7% |
| 1997 | 1,160 | +28.8% |
| 1998 | 1,139 | -1.8% |
| 1999 | 1,289 | +13.2% |
| 2000 | 1,419 | +10.1% |
| 2001 | 1,614 | +13.7% |
| 2002 | 1,798 | +11.4% |
| 2003 | 2,121 | +18.0% |
| 2004 | 2,738 | +29.1% |
| 2005 | 3,526 | +28.8% |
| 2006 | 4,670 | +32.4% |
| 2007 | 5,747 | +23.1% |
| 2008 | 7,601 | +32.3% |
| 2009 | 7,642 | +0.5% |
| 2010 | 9,757 | +27.7% |
| 2011 | 13,174 | +35.0% |
| 2012 | 16,688 | +26.7% |
| 2013 | 19,174 | +14.9% |
| 2014 | 22,227 | +15.9% |
| 2015 | 23,150 | +4.2% |
| 2016 | 23,943 | +3.4% |
| 2017 | 27,876 | +16.4% |
| 2018 | 32,411 | +16.3% |
| 2019 | 36,898 | +13.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.21 | 7.13 | 11.74 | 10 |
| 1980s | 16.66 | 12.49 | 19.3 | 10 |
| 1990s | 620.66 | 18.82 | 1,289 | 10 |
| 2000s | 3,888 | 1,419 | 7,642 | 10 |
| 2010s | 22,530 | 9,757 | 36,898 | 10 |
Countries ranked near Mongolia
- 27 Somalia 39,519 compare
- 28 Pakistan 38,559 compare
- 29 Sierra Leone 37,138 compare
- 31 Costa Rica 36,280 compare
- 32 Côte d'Ivoire 34,299 compare
- 33 Angola 31,010 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)
- Imports of goods and services (constant 2015 US$), annual growth rate -1.05 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.6737 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 4,789 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 670.31 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 696.41 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 36.7 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 316.89 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 2.25 million current LCU per person (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 36,898 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Mongolia?
- The highest recorded value was 36,898 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Mongolia?
- The lowest recorded value was 7.13 in 1970.
- How does Mongolia rank for gross domestic product (gdp), current prices, domestic currency?
- Mongolia ranks 30th 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 382.8%. 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), Current prices, Domestic currency. 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.