Gross Domestic Product — Value US$ per capita in Mongolia
Mongolia: Gross Domestic Product — Value US$ per capita was 6,635 USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ per capita in Mongolia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Mongolia recorded 6,635 USD for gross domestic product — value us$ per capita in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 14.6% on the previous year and up 58.1% over ten years.
Over the whole period, gross domestic product — value us$ per capita in Mongolia peaked at 6,635 USD in 2024 and was at its lowest, 156.03 USD, in 1970.
Mongolia ranks 127th of 228 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 — Value US$ per capita in Mongolia, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 156.03 USD | — |
| 1971 | 167.14 USD | +7.1% |
| 1972 | 175.8 USD | +5.2% |
| 1973 | 196.39 USD | +11.7% |
| 1974 | 216.84 USD | +10.4% |
| 1975 | 245.19 USD | +13.1% |
| 1976 | 261.13 USD | +6.5% |
| 1977 | 290.54 USD | +11.3% |
| 1978 | 325.44 USD | +12.0% |
| 1979 | 358.36 USD | +10.1% |
| 1980 | 405.96 USD | +13.3% |
| 1981 | 470.12 USD | +15.8% |
| 1982 | 527.88 USD | +12.3% |
| 1983 | 566.45 USD | +7.3% |
| 1984 | 606.59 USD | +7.1% |
| 1985 | 645.08 USD | +6.3% |
| 1986 | 702.03 USD | +8.8% |
| 1987 | 725.82 USD | +3.4% |
| 1988 | 769.42 USD | +6.0% |
| 1989 | 814.25 USD | +5.8% |
| 1990 | 808.1 USD | -0.8% |
| 1991 | 749.58 USD | -7.2% |
| 1992 | 684.4 USD | -8.7% |
| 1993 | 668.16 USD | -2.4% |
| 1994 | 687.25 USD | +2.9% |
| 1995 | 736.82 USD | +7.2% |
| 1996 | 694.87 USD | -5.7% |
| 1997 | 614.52 USD | -11.6% |
| 1998 | 561.25 USD | -8.7% |
| 1999 | 518.24 USD | -7.7% |
| 2000 | 536.92 USD | +3.6% |
| 2001 | 593.39 USD | +10.5% |
| 2002 | 647.7 USD | +9.2% |
| 2003 | 733.5 USD | +13.2% |
| 2004 | 908.36 USD | +23.8% |
| 2005 | 1,141 USD | +25.7% |
| 2006 | 1,532 USD | +34.2% |
| 2007 | 1,883 USD | +22.9% |
| 2008 | 2,475 USD | +31.4% |
| 2009 | 1,994 USD | -19.4% |
| 2010 | 2,661 USD | +33.4% |
| 2011 | 3,792 USD | +42.5% |
| 2012 | 4,397 USD | +16.0% |
| 2013 | 4,412 USD | +0.3% |
| 2014 | 4,197 USD | -4.9% |
| 2015 | 3,904 USD | -7.0% |
| 2016 | 3,677 USD | -5.8% |
| 2017 | 3,698 USD | +0.6% |
| 2018 | 4,160 USD | +12.5% |
| 2019 | 4,395 USD | +5.7% |
| 2020 | 4,046 USD | -8.0% |
| 2021 | 4,577 USD | +13.1% |
| 2022 | 5,064 USD | +10.6% |
| 2023 | 5,790 USD | +14.3% |
| 2024 | 6,635 USD | +14.6% |
Mongolia compared with similar countries
- Mongolia's 6,635 USD is below the median for upper middle income countries, which is 7,969 USD, 83% of the median. (54 countries reporting)
- Mongolia's 6,635 USD is above the median for East Asia & Pacific, which is 6,462 USD, 1.0× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 239.29 USD | 156.03 USD | 358.36 USD | 10 |
| 1980s | 623.36 USD | 405.96 USD | 814.25 USD | 10 |
| 1990s | 672.32 USD | 518.24 USD | 808.1 USD | 10 |
| 2000s | 1,244 USD | 536.92 USD | 2,475 USD | 10 |
| 2010s | 3,929 USD | 2,661 USD | 4,412 USD | 10 |
| 2020s | 5,222 USD | 4,046 USD | 6,635 USD | 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)
- SDRs holdings, US dollar, annual growth rate -2.15 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 24.74 units per person (2025)
- SDRs holdings, SDR, annual growth rate -6.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 18.07 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -22.42 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0068 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ per capita in Mongolia?
- Gross domestic product — value us$ per capita in Mongolia was 6,635 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita recorded in Mongolia?
- The highest recorded value was 6,635 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita recorded in Mongolia?
- The lowest recorded value was 156.03 USD in 1970.
- How does Mongolia rank for gross domestic product — value us$ per capita?
- Mongolia ranks 127th out of 228 countries with data for 2024.
- Is gross domestic product — value us$ per capita rising or falling in Mongolia?
- Over the last ten years it is up 58.1%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$ per capita. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).