Gross domestic product (GDP), per capita in Mongolia
Mongolia: Gross domestic product (GDP), per capita was 14,958 international-$ in 2021 prices per person in 2023. ◆ Volatile
Latest (2023)
14,958 international-$ in 2021 prices per person
Change on year
up 9.7%
World rank
99th
of 181 countries
All-time high
14,958 international-$ in 2021 prices per person
in 2023
All-time low
1,526 international-$ in 2021 prices per person
in 1970
Years of data
54
1970–2023
Gross domestic product (GDP), per capita in Mongolia, 1970–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per person.
Analysis
In 2023, gross domestic product (gdp), per capita in Mongolia stood at 14,958 international-$ in 2021 prices per person. That is the highest value across all 54 years on record.
That represents a change of up 9.7% on the previous year and up 12.0% over ten years.
Over the whole period, gross domestic product (gdp), per capita in Mongolia peaked at 14,958 international-$ in 2021 prices per person in 2023 and was at its lowest, 1,526 international-$ in 2021 prices per person, in 1970.
Mongolia ranks 99th of 181 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), per capita in Mongolia, year by year
| Year | international-$ in 2021 prices per person | Change |
|---|---|---|
| 1970 | 1,526 international-$ in 2021 prices per person | — |
| 1971 | 1,556 international-$ in 2021 prices per person | +2.0% |
| 1972 | 1,568 international-$ in 2021 prices per person | +0.8% |
| 1973 | 1,660 international-$ in 2021 prices per person | +5.8% |
| 1974 | 1,683 international-$ in 2021 prices per person | +1.4% |
| 1975 | 1,732 international-$ in 2021 prices per person | +2.9% |
| 1976 | 1,745 international-$ in 2021 prices per person | +0.7% |
| 1977 | 1,863 international-$ in 2021 prices per person | +6.7% |
| 1978 | 1,895 international-$ in 2021 prices per person | +1.7% |
| 1979 | 1,929 international-$ in 2021 prices per person | +1.8% |
| 1980 | 2,177 international-$ in 2021 prices per person | +12.9% |
| 1981 | 1,931 international-$ in 2021 prices per person | -11.3% |
| 1982 | 2,234 international-$ in 2021 prices per person | +15.7% |
| 1983 | 2,503 international-$ in 2021 prices per person | +12.0% |
| 1984 | 2,783 international-$ in 2021 prices per person | +11.2% |
| 1985 | 2,725 international-$ in 2021 prices per person | -2.1% |
| 1986 | 2,873 international-$ in 2021 prices per person | +5.5% |
| 1987 | 3,064 international-$ in 2021 prices per person | +6.6% |
| 1988 | 3,161 international-$ in 2021 prices per person | +3.2% |
| 1989 | 3,076 international-$ in 2021 prices per person | -2.7% |
| 1990 | 4,471 international-$ in 2021 prices per person | +45.3% |
| 1991 | 3,176 international-$ in 2021 prices per person | -29.0% |
| 1992 | 3,040 international-$ in 2021 prices per person | -4.3% |
| 1993 | 2,453 international-$ in 2021 prices per person | -19.3% |
| 1994 | 2,571 international-$ in 2021 prices per person | +4.8% |
| 1995 | 3,282 international-$ in 2021 prices per person | +27.7% |
| 1996 | 3,050 international-$ in 2021 prices per person | -7.1% |
| 1997 | 3,154 international-$ in 2021 prices per person | +3.4% |
| 1998 | 3,122 international-$ in 2021 prices per person | -1.0% |
| 1999 | 3,254 international-$ in 2021 prices per person | +4.2% |
| 2000 | 3,623 international-$ in 2021 prices per person | +11.4% |
| 2001 | 3,980 international-$ in 2021 prices per person | +9.8% |
| 2002 | 4,301 international-$ in 2021 prices per person | +8.0% |
| 2003 | 4,616 international-$ in 2021 prices per person | +7.3% |
| 2004 | 5,384 international-$ in 2021 prices per person | +16.6% |
| 2005 | 6,302 international-$ in 2021 prices per person | +17.0% |
| 2006 | 7,341 international-$ in 2021 prices per person | +16.5% |
| 2007 | 8,378 international-$ in 2021 prices per person | +14.1% |
| 2008 | 8,970 international-$ in 2021 prices per person | +7.1% |
| 2009 | 8,363 international-$ in 2021 prices per person | -6.8% |
| 2010 | 9,817 international-$ in 2021 prices per person | +17.4% |
| 2011 | 12,212 international-$ in 2021 prices per person | +24.4% |
| 2012 | 13,899 international-$ in 2021 prices per person | +13.8% |
| 2013 | 13,360 international-$ in 2021 prices per person | -3.9% |
| 2014 | 12,657 international-$ in 2021 prices per person | -5.3% |
| 2015 | 11,925 international-$ in 2021 prices per person | -5.8% |
| 2016 | 11,597 international-$ in 2021 prices per person | -2.8% |
| 2017 | 11,745 international-$ in 2021 prices per person | +1.3% |
| 2018 | 12,658 international-$ in 2021 prices per person | +7.8% |
| 2019 | 13,708 international-$ in 2021 prices per person | +8.3% |
| 2020 | 13,408 international-$ in 2021 prices per person | -2.2% |
| 2021 | 12,883 international-$ in 2021 prices per person | -3.9% |
| 2022 | 13,632 international-$ in 2021 prices per person | +5.8% |
| 2023 | 14,958 international-$ in 2021 prices per person | +9.7% |
Mongolia compared with similar countries
- Mongolia's 14,958 international-$ in 2021 prices per person is below the median for upper middle income countries, which is 17,495 international-$ in 2021 prices per person, 85% of the median. (51 countries reporting)
- Mongolia's 14,958 international-$ in 2021 prices per person is below the median for East Asia & Pacific, which is 23,029 international-$ in 2021 prices per person, 65% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,716 international-$ in 2021 prices per person | 1,526 international-$ in 2021 prices per person | 1,929 international-$ in 2021 prices per person | 10 |
| 1980s | 2,653 international-$ in 2021 prices per person | 1,931 international-$ in 2021 prices per person | 3,161 international-$ in 2021 prices per person | 10 |
| 1990s | 3,157 international-$ in 2021 prices per person | 2,453 international-$ in 2021 prices per person | 4,471 international-$ in 2021 prices per person | 10 |
| 2000s | 6,126 international-$ in 2021 prices per person | 3,623 international-$ in 2021 prices per person | 8,970 international-$ in 2021 prices per person | 10 |
| 2010s | 12,358 international-$ in 2021 prices per person | 9,817 international-$ in 2021 prices per person | 13,899 international-$ in 2021 prices per person | 10 |
| 2020s | 13,720 international-$ in 2021 prices per person | 12,883 international-$ in 2021 prices per person | 14,958 international-$ in 2021 prices per person | 4 |
Countries ranked near Mongolia
- 96 Dominica 16,020 international-$ in 2021 prices per person compare
- 97 Grenada 15,265 international-$ in 2021 prices per person compare
- 98 Paraguay 15,007 international-$ in 2021 prices per person compare
- 100 Iran 14,809 international-$ in 2021 prices per person compare
- 101 Algeria 14,580 international-$ in 2021 prices per person compare
- 102 Bhutan 14,416 international-$ in 2021 prices per person 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$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per capita in Mongolia?
- Gross domestic product (gdp), per capita in Mongolia was 14,958 international-$ in 2021 prices per person in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per capita recorded in Mongolia?
- The highest recorded value was 14,958 international-$ in 2021 prices per person in 2023.
- What is the lowest gross domestic product (gdp), per capita recorded in Mongolia?
- The lowest recorded value was 1,526 international-$ in 2021 prices per person in 1970.
- How does Mongolia rank for gross domestic product (gdp), per capita?
- Mongolia ranks 99th out of 181 countries with data for 2023.
- Is gross domestic product (gdp), per capita rising or falling in Mongolia?
- Over the last ten years it is up 12.0%. 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), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ Population, total
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- Population, total World Population Prospects, United Nations (UN)
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) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.