Gross Domestic Product — Value US$, 2015 prices, per capita in Mongolia
Mongolia: Gross Domestic Product — Value US$, 2015 prices, per capita was 0.0046 million USD per person in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices, per capita in Mongolia, 1970–2024
Source: Statizoid (derived). Measured in million USD per person.
Analysis
In 2024, gross domestic product — value us$, 2015 prices, per capita in Mongolia stood at 0.0046 million USD 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 us$, 2015 prices, per capita in Mongolia peaked at 0.0046 million USD per person in 2024 and was at its lowest, 0.001 million USD per person, in 1970.
That places Mongolia 116th out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices, per capita in Mongolia, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1970 | 0.001 million USD per person | — |
| 1971 | 0.001 million USD per person | +1.9% |
| 1972 | 0.001 million USD per person | +0.8% |
| 1973 | 0.0011 million USD per person | +5.9% |
| 1974 | 0.0011 million USD per person | +1.3% |
| 1975 | 0.0012 million USD per person | +3.5% |
| 1976 | 0.0012 million USD per person | +0.9% |
| 1977 | 0.0012 million USD per person | +4.8% |
| 1978 | 0.0013 million USD per person | +4.7% |
| 1979 | 0.0013 million USD per person | +1.7% |
| 1980 | 0.0014 million USD per person | +3.9% |
| 1981 | 0.0014 million USD per person | +5.8% |
| 1982 | 0.0015 million USD per person | +5.8% |
| 1983 | 0.0016 million USD per person | +3.3% |
| 1984 | 0.0016 million USD per person | +3.4% |
| 1985 | 0.0017 million USD per person | +3.1% |
| 1986 | 0.0018 million USD per person | +6.7% |
| 1987 | 0.0018 million USD per person | +0.9% |
| 1988 | 0.0018 million USD per person | +2.4% |
| 1989 | 0.0019 million USD per person | +1.8% |
| 1990 | 0.0018 million USD per person | -1.3% |
| 1991 | 0.0016 million USD per person | -11.5% |
| 1992 | 0.0015 million USD per person | -9.4% |
| 1993 | 0.0014 million USD per person | -3.1% |
| 1994 | 0.0014 million USD per person | +1.0% |
| 1995 | 0.0015 million USD per person | +4.7% |
| 1996 | 0.0015 million USD per person | +0.7% |
| 1997 | 0.0016 million USD per person | +2.4% |
| 1998 | 0.0016 million USD per person | +1.9% |
| 1999 | 0.0016 million USD per person | +1.6% |
| 2000 | 0.0016 million USD per person | -0.2% |
| 2001 | 0.0016 million USD per person | +1.7% |
| 2002 | 0.0017 million USD per person | +3.4% |
| 2003 | 0.0018 million USD per person | +5.7% |
| 2004 | 0.002 million USD per person | +9.4% |
| 2005 | 0.0021 million USD per person | +6.1% |
| 2006 | 0.0022 million USD per person | +7.3% |
| 2007 | 0.0024 million USD per person | +8.8% |
| 2008 | 0.0026 million USD per person | +7.2% |
| 2009 | 0.0025 million USD per person | -3.0% |
| 2010 | 0.0026 million USD per person | +4.5% |
| 2011 | 0.003 million USD per person | +15.3% |
| 2012 | 0.0034 million USD per person | +10.2% |
| 2013 | 0.0037 million USD per person | +9.4% |
| 2014 | 0.0039 million USD per person | +5.6% |
| 2015 | 0.0038 million USD per person | -0.9% |
| 2016 | 0.0038 million USD per person | -0.5% |
| 2017 | 0.004 million USD per person | +3.6% |
| 2018 | 0.0042 million USD per person | +5.8% |
| 2019 | 0.0043 million USD per person | +3.7% |
| 2020 | 0.0041 million USD per person | -6.3% |
| 2021 | 0.0041 million USD per person | -0.1% |
| 2022 | 0.0042 million USD per person | +3.5% |
| 2023 | 0.0044 million USD per person | +5.6% |
| 2024 | 0.0046 million USD per person | +3.6% |
Mongolia compared with similar countries
- Mongolia's 0.0046 million USD per person is below the median for upper middle income countries, which is 0.0066 million USD per person, 70% of the median. (54 countries reporting)
- Mongolia's 0.0046 million USD per person is below the median for East Asia & Pacific, which is 0.0048 million USD per person, 96% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0011 million USD per person | 0.001 million USD per person | 0.0013 million USD per person | 10 |
| 1980s | 0.0016 million USD per person | 0.0014 million USD per person | 0.0019 million USD per person | 10 |
| 1990s | 0.0016 million USD per person | 0.0014 million USD per person | 0.0018 million USD per person | 10 |
| 2000s | 0.0021 million USD per person | 0.0016 million USD per person | 0.0026 million USD per person | 10 |
| 2010s | 0.0037 million USD per person | 0.0026 million USD per person | 0.0043 million USD per person | 10 |
| 2020s | 0.0043 million USD per person | 0.0041 million USD per person | 0.0046 million USD per person | 5 |
Countries ranked near Mongolia
- 113 Equatorial Guinea 0.005 million USD per person compare
- 114 Tuvalu 0.005 million USD per person compare
- 115 Algeria 0.0047 million USD per person compare
- 117 El Salvador 0.0046 million USD per person compare
- 118 Guatemala 0.0046 million USD per person compare
- 119 Tonga 0.0045 million USD 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$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices, per capita in Mongolia?
- Gross domestic product — value us$, 2015 prices, per capita in Mongolia was 0.0046 million USD per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, per capita recorded in Mongolia?
- The highest recorded value was 0.0046 million USD per person in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices, per capita recorded in Mongolia?
- The lowest recorded value was 0.001 million USD per person in 1970.
- How does Mongolia rank for gross domestic product — value us$, 2015 prices, per capita?
- Mongolia ranks 116th out of 194 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices, per capita rising or falling in Mongolia?
- Over the last ten years it is up 18.7%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 2015 prices, per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Domestic Product — Value US$, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value US$, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product — Value US$, 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.