Gross Domestic Product — Value Standard Local Currency, 2015 prices in Mongolia
Mongolia: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 9.06 million SLC per person in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Mongolia, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Mongolia stood at 9.06 million SLC per person. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.6% on the previous year and up 18.7% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Mongolia peaked at 9.06 million SLC per person in 2024 and was at its lowest, 2 million SLC per person, in 1970.
Mongolia ranks 9th of 194 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Mongolia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 2 million SLC per person | — |
| 1971 | 2.04 million SLC per person | +1.9% |
| 1972 | 2.05 million SLC per person | +0.8% |
| 1973 | 2.17 million SLC per person | +5.9% |
| 1974 | 2.2 million SLC per person | +1.3% |
| 1975 | 2.28 million SLC per person | +3.5% |
| 1976 | 2.3 million SLC per person | +0.9% |
| 1977 | 2.41 million SLC per person | +4.8% |
| 1978 | 2.52 million SLC per person | +4.6% |
| 1979 | 2.57 million SLC per person | +1.7% |
| 1980 | 2.67 million SLC per person | +3.9% |
| 1981 | 2.82 million SLC per person | +5.8% |
| 1982 | 2.98 million SLC per person | +5.8% |
| 1983 | 3.08 million SLC per person | +3.3% |
| 1984 | 3.18 million SLC per person | +3.4% |
| 1985 | 3.28 million SLC per person | +3.1% |
| 1986 | 3.5 million SLC per person | +6.7% |
| 1987 | 3.53 million SLC per person | +0.9% |
| 1988 | 3.62 million SLC per person | +2.4% |
| 1989 | 3.68 million SLC per person | +1.8% |
| 1990 | 3.63 million SLC per person | -1.3% |
| 1991 | 3.21 million SLC per person | -11.5% |
| 1992 | 2.91 million SLC per person | -9.4% |
| 1993 | 2.83 million SLC per person | -3.0% |
| 1994 | 2.85 million SLC per person | +1.0% |
| 1995 | 2.99 million SLC per person | +4.7% |
| 1996 | 3.01 million SLC per person | +0.7% |
| 1997 | 3.08 million SLC per person | +2.4% |
| 1998 | 3.14 million SLC per person | +1.9% |
| 1999 | 3.19 million SLC per person | +1.6% |
| 2000 | 3.18 million SLC per person | -0.2% |
| 2001 | 3.24 million SLC per person | +1.7% |
| 2002 | 3.35 million SLC per person | +3.4% |
| 2003 | 3.54 million SLC per person | +5.7% |
| 2004 | 3.87 million SLC per person | +9.4% |
| 2005 | 4.1 million SLC per person | +6.1% |
| 2006 | 4.4 million SLC per person | +7.3% |
| 2007 | 4.79 million SLC per person | +8.8% |
| 2008 | 5.13 million SLC per person | +7.2% |
| 2009 | 4.98 million SLC per person | -3.0% |
| 2010 | 5.2 million SLC per person | +4.5% |
| 2011 | 6 million SLC per person | +15.3% |
| 2012 | 6.61 million SLC per person | +10.2% |
| 2013 | 7.23 million SLC per person | +9.4% |
| 2014 | 7.63 million SLC per person | +5.6% |
| 2015 | 7.56 million SLC per person | -0.9% |
| 2016 | 7.52 million SLC per person | -0.5% |
| 2017 | 7.79 million SLC per person | +3.6% |
| 2018 | 8.24 million SLC per person | +5.8% |
| 2019 | 8.55 million SLC per person | +3.7% |
| 2020 | 8.01 million SLC per person | -6.3% |
| 2021 | 8.01 million SLC per person | -0.1% |
| 2022 | 8.29 million SLC per person | +3.5% |
| 2023 | 8.75 million SLC per person | +5.6% |
| 2024 | 9.06 million SLC per person | +3.6% |
Mongolia compared with similar countries
- Mongolia's 9.06 million SLC per person is above the median for upper middle income countries, which is 0.0458 million SLC per person, 198.0× the median. (54 countries reporting)
- Mongolia's 9.06 million SLC per person is above the median for East Asia & Pacific, which is 0.0672 million SLC per person, 134.9× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.25 million SLC per person | 2 million SLC per person | 2.57 million SLC per person | 10 |
| 1980s | 3.23 million SLC per person | 2.67 million SLC per person | 3.68 million SLC per person | 10 |
| 1990s | 3.08 million SLC per person | 2.83 million SLC per person | 3.63 million SLC per person | 10 |
| 2000s | 4.06 million SLC per person | 3.18 million SLC per person | 5.13 million SLC per person | 10 |
| 2010s | 7.23 million SLC per person | 5.2 million SLC per person | 8.55 million SLC per person | 10 |
| 2020s | 8.42 million SLC per person | 8.01 million SLC per person | 9.06 million SLC per person | 5 |
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 — value standard local currency, 2015 prices in Mongolia?
- Gross domestic product — value standard local currency, 2015 prices in Mongolia was 9.06 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Mongolia?
- The highest recorded value was 9.06 million SLC per person in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Mongolia?
- The lowest recorded value was 2 million SLC per person in 1970.
- How does Mongolia rank for gross domestic product — value standard local currency, 2015 prices?
- Mongolia ranks 9th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Mongolia?
- Over the last ten years it is up 18.7%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.