Gross Domestic Product, GDP in millions constant 2021 international $ in Mongolia
Mongolia: Gross Domestic Product, GDP in millions constant 2021 international $ was 0.0362 units per square kilometre in 2023. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Mongolia, 1991–2023
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
In 2023, gross domestic product, gdp in millions constant 2021 international $ in Mongolia stood at 0.0362 units per square kilometre. That is the highest value across all 33 years on record.
The figure is up 7.4% on the previous year and up 47.3% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Mongolia peaked at 0.0362 units per square kilometre in 2023 and was at its lowest, 0.0072 units per square kilometre, in 1993.
That places Mongolia 183rd out of 186 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product, GDP in millions constant 2021 international $ in Mongolia, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1991 | 0.0082 units per square kilometre | — |
| 1992 | 0.0075 units per square kilometre | -9.3% |
| 1993 | 0.0072 units per square kilometre | -3.2% |
| 1994 | 0.0074 units per square kilometre | +2.1% |
| 1995 | 0.0078 units per square kilometre | +6.4% |
| 1996 | 0.008 units per square kilometre | +2.2% |
| 1997 | 0.0083 units per square kilometre | +3.9% |
| 1998 | 0.0086 units per square kilometre | +3.3% |
| 1999 | 0.0089 units per square kilometre | +3.1% |
| 2000 | 0.009 units per square kilometre | +1.1% |
| 2001 | 0.0092 units per square kilometre | +3.0% |
| 2002 | 0.0097 units per square kilometre | +4.7% |
| 2003 | 0.0103 units per square kilometre | +6.5% |
| 2004 | 0.0114 units per square kilometre | +10.6% |
| 2005 | 0.0122 units per square kilometre | +7.3% |
| 2006 | 0.0133 units per square kilometre | +8.3% |
| 2007 | 0.0146 units per square kilometre | +10.2% |
| 2008 | 0.0159 units per square kilometre | +8.9% |
| 2009 | 0.0157 units per square kilometre | -1.3% |
| 2010 | 0.0167 units per square kilometre | +6.4% |
| 2011 | 0.0196 units per square kilometre | +17.3% |
| 2012 | 0.022 units per square kilometre | +12.3% |
| 2013 | 0.0246 units per square kilometre | +11.6% |
| 2014 | 0.0265 units per square kilometre | +7.9% |
| 2015 | 0.0272 units per square kilometre | +2.4% |
| 2016 | 0.0276 units per square kilometre | +1.5% |
| 2017 | 0.0291 units per square kilometre | +5.6% |
| 2018 | 0.0314 units per square kilometre | +7.7% |
| 2019 | 0.0331 units per square kilometre | +5.6% |
| 2020 | 0.0316 units per square kilometre | -4.6% |
| 2021 | 0.0321 units per square kilometre | +1.6% |
| 2022 | 0.0338 units per square kilometre | +5.0% |
| 2023 | 0.0362 units per square kilometre | +7.4% |
Mongolia compared with similar countries
- Mongolia's 0.0362 units per square kilometre is below the median for upper middle income countries, which is 1.26 units per square kilometre, 3% of the median. (53 countries reporting)
- Mongolia's 0.0362 units per square kilometre is below the median for East Asia & Pacific, which is 1.03 units per square kilometre, 4% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.008 units per square kilometre | 0.0072 units per square kilometre | 0.0089 units per square kilometre | 9 |
| 2000s | 0.0121 units per square kilometre | 0.009 units per square kilometre | 0.0159 units per square kilometre | 10 |
| 2010s | 0.0258 units per square kilometre | 0.0167 units per square kilometre | 0.0331 units per square kilometre | 10 |
| 2020s | 0.0334 units per square kilometre | 0.0316 units per square kilometre | 0.0362 units per square kilometre | 4 |
Countries ranked near Mongolia
- 180 Somalia 0.041 units per square kilometre compare
- 181 Chad 0.0387 units per square kilometre compare
- 182 Namibia 0.0365 units per square kilometre compare
- 184 Niger 0.0351 units per square kilometre compare
- 185 Mauritania 0.0306 units per square kilometre compare
- 186 Central African Republic 0.0092 units per square kilometre 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)
- 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 in millions constant 2021 international $ in Mongolia?
- Gross domestic product, gdp in millions constant 2021 international $ in Mongolia was 0.0362 units per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Mongolia?
- The highest recorded value was 0.0362 units per square kilometre in 2023.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Mongolia?
- The lowest recorded value was 0.0072 units per square kilometre in 1993.
- How does Mongolia rank for gross domestic product, gdp in millions constant 2021 international $?
- Mongolia ranks 183rd out of 186 countries with data for 2023.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Mongolia?
- Over the last ten years it is up 47.3%. 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 in millions constant 2021 international $ at PPP (ILO modelled estimates), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) 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 Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) ÷ Land area (sq. km)
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) 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.