Gross Domestic Product — Value US$ per capita in Mongolia

Mongolia: Gross Domestic Product — Value US$ per capita was 6,635 USD in 2024. ◆ Volatile

Latest (2024)
6,635 USD
Change on year
up 14.6%
World rank
117th
of 195 countries
All-time high
6,635 USD
in 2024
All-time low
156.03 USD
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value US$ per capita in Mongolia, 1970–2024

02.0k4.0k6.0k197019972024

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 117th of 195 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

Annual values for Gross Domestic Product — Value US$ per capita in Mongolia, 1970 to 2024.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 114 Azerbaijan 7,182 USD compare
  2. 115 Jamaica 7,020 USD compare
  3. 116 Ecuador 6,744 USD compare
  4. 118 Equatorial Guinea 6,625 USD compare
  5. 119 Paraguay 6,392 USD compare
  6. 120 Fiji 6,288 USD compare

See the full ranking of 244 places →

More economy & growth data for Mongolia

All data for Mongolia →

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 117th out of 195 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.

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Gross Domestic Product — Value US$ per capita in Mongolia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-per-capita/mongolia/

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About this data

Indicator
Gross Domestic Product — Value US$ per capita
Unit
USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
244 places, 12,697 data points, 1970–2024
Last refreshed

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).