Gross Domestic Product — Value Standard Local Currency, per capita in Mongolia

Mongolia: Gross Domestic Product — Value Standard Local Currency, per capita was 22.18 million SLC per person in 2024. ◆ Volatile

Latest (2024)
22.18 million SLC per person
Change on year
up 12.1%
World rank
8th
of 192 countries
All-time high
22.18 million SLC per person
in 2024
All-time low
0.0055 million SLC per person
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value Standard Local Currency, per capita in Mongolia, 1970–2024

05101520197019972024

Source: Statizoid (derived). Measured in million SLC per person.

Analysis

Mongolia recorded 22.18 million SLC per person for gross domestic product — value standard local currency, per capita in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 12.1% on the previous year and up 195.7% over ten years.

Over the whole period, gross domestic product — value standard local currency, per capita in Mongolia peaked at 22.18 million SLC per person in 2024 and was at its lowest, 0.0055 million SLC per person, in 1970.

That places Mongolia 8th out of 192 countries with data for 2024, 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 — Value Standard Local Currency, per capita in Mongolia, year by year

Annual values for Gross Domestic Product — Value Standard Local Currency, per capita in Mongolia, 1970 to 2024.
Year million SLC per person Change
1970 0.0055 million SLC per person
1971 0.0056 million SLC per person +2.0%
1972 0.0057 million SLC per person +0.8%
1973 0.006 million SLC per person +5.9%
1974 0.0061 million SLC per person +1.3%
1975 0.0063 million SLC per person +3.5%
1976 0.0063 million SLC per person +0.9%
1977 0.0066 million SLC per person +4.8%
1978 0.007 million SLC per person +4.7%
1979 0.0071 million SLC per person +1.7%
1980 0.0073 million SLC per person +3.9%
1981 0.0084 million SLC per person +14.0%
1982 0.0092 million SLC per person +9.5%
1983 0.0087 million SLC per person -4.7%
1984 0.0089 million SLC per person +1.8%
1985 0.0091 million SLC per person +2.7%
1986 0.0089 million SLC per person -2.6%
1987 0.0086 million SLC per person -3.1%
1988 0.0089 million SLC per person +3.4%
1989 0.0091 million SLC per person +1.8%
1990 0.009 million SLC per person -1.3%
1991 0.0157 million SLC per person +75.1%
1992 0.0392 million SLC per person +149.8%
1993 0.1381 million SLC per person +251.9%
1994 0.2327 million SLC per person +68.5%
1995 0.347 million SLC per person +49.1%
1996 0.3986 million SLC per person +14.9%
1997 0.5061 million SLC per person +27.0%
1998 0.49 million SLC per person -3.2%
1999 0.5469 million SLC per person +11.6%
2000 0.5943 million SLC per person +8.7%
2001 0.6675 million SLC per person +12.3%
2002 0.7341 million SLC per person +10.0%
2003 0.855 million SLC per person +16.5%
2004 1.09 million SLC per person +27.6%
2005 1.39 million SLC per person +27.4%
2006 1.82 million SLC per person +30.8%
2007 2.21 million SLC per person +21.4%
2008 2.88 million SLC per person +30.2%
2009 2.84 million SLC per person -1.3%
2010 3.56 million SLC per person +25.5%
2011 4.73 million SLC per person +32.7%
2012 5.88 million SLC per person +24.3%
2013 6.61 million SLC per person +12.5%
2014 7.5 million SLC per person +13.4%
2015 7.56 million SLC per person +0.8%
2016 7.75 million SLC per person +2.4%
2017 8.9 million SLC per person +14.8%
2018 10.16 million SLC per person +14.2%
2019 11.58 million SLC per person +14.0%
2020 11.26 million SLC per person -2.8%
2021 12.87 million SLC per person +14.3%
2022 15.68 million SLC per person +21.8%
2023 19.78 million SLC per person +26.2%
2024 22.18 million SLC per person +12.1%

Mongolia compared with similar countries

  • Mongolia's 22.18 million SLC per person is above the median for upper middle income countries, which is 0.1236 million SLC per person, 179.5× the median. (54 countries reporting)
  • Mongolia's 22.18 million SLC per person is above the median for East Asia & Pacific, which is 0.1023 million SLC per person, 216.8× the median. (27 countries reporting)

Biggest year-on-year movements

Years where Gross Domestic Product — Value Standard Local Currency, per capita 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.

YearChange FromTo
1993 +251.9% 0.0392 million SLC per person 0.1381 million SLC per person
1992 +149.8% 0.0157 million SLC per person 0.0392 million SLC per person

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0062 million SLC per person 0.0055 million SLC per person 0.0071 million SLC per person 10
1980s 0.0087 million SLC per person 0.0073 million SLC per person 0.0092 million SLC per person 10
1990s 0.2723 million SLC per person 0.009 million SLC per person 0.5469 million SLC per person 10
2000s 1.51 million SLC per person 0.5943 million SLC per person 2.88 million SLC per person 10
2010s 7.42 million SLC per person 3.56 million SLC per person 11.58 million SLC per person 10
2020s 16.35 million SLC per person 11.26 million SLC per person 22.18 million SLC per person 5

Countries ranked near Mongolia

  1. 5 Laos 40.58 million SLC per person compare
  2. 6 Uzbekistan 35.42 million SLC per person compare
  3. 7 Colombia 32 million SLC per person compare
  4. 9 Somalia 15.99 million SLC per person compare
  5. 10 Chile 15.77 million SLC per person compare
  6. 11 Guinea 15.05 million SLC per person compare

See the full ranking of 192 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gross domestic product — value standard local currency, per capita in Mongolia?
Gross domestic product — value standard local currency, per capita in Mongolia was 22.18 million SLC per person in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value standard local currency, per capita recorded in Mongolia?
The highest recorded value was 22.18 million SLC per person in 2024.
What is the lowest gross domestic product — value standard local currency, per capita recorded in Mongolia?
The lowest recorded value was 0.0055 million SLC per person in 1970.
How does Mongolia rank for gross domestic product — value standard local currency, per capita?
Mongolia ranks 8th out of 192 countries with data for 2024.
Is gross domestic product — value standard local currency, per capita rising or falling in Mongolia?
Over the last ten years it is up 195.7%. 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 — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value Standard Local Currency, per capita in Mongolia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-per-capita/mongolia/

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How this figure is calculated

Gross Domestic Product — Value Standard Local Currency 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 ÷ Population, total

Computed from

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

Indicator
Gross Domestic Product — Value Standard Local Currency, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
192 places, 9,859 data points, 1970–2024
Last refreshed

Gross Domestic Product — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.