Gross fixed capital formation, Private sector, Current prices in Mongolia
Mongolia: Gross fixed capital formation, Private sector, Current prices was 8.79 % change on previous year in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Mongolia, 1971–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Mongolia recorded 8.79 % change on previous year for gross fixed capital formation, private sector, current prices in 2019.
The figure is down 83.1% on the previous year and up 146.8% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Mongolia peaked at 547.02 % change on previous year in 1991 and was at its lowest, -68.06 % change on previous year, in 1990.
That places Mongolia 65th out of 174 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Current prices in Mongolia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 4.6 % change on previous year | — |
| 1972 | 3.64 % change on previous year | -20.8% |
| 1973 | 9.12 % change on previous year | +150.3% |
| 1974 | 3.71 % change on previous year | -59.3% |
| 1975 | 6.91 % change on previous year | +86.1% |
| 1976 | 4.69 % change on previous year | -32.1% |
| 1977 | 4.94 % change on previous year | +5.4% |
| 1978 | 10.82 % change on previous year | +118.9% |
| 1979 | 6.27 % change on previous year | -42.0% |
| 1980 | -9.52 % change on previous year | -251.8% |
| 1981 | 20.09 % change on previous year | -310.9% |
| 1982 | 39.22 % change on previous year | +95.3% |
| 1983 | 2.43 % change on previous year | -93.8% |
| 1984 | -15.11 % change on previous year | -721.3% |
| 1985 | -23.6 % change on previous year | +56.1% |
| 1986 | 49.34 % change on previous year | -309.1% |
| 1987 | -3.41 % change on previous year | -106.9% |
| 1988 | 33.32 % change on previous year | -1076.9% |
| 1989 | 40.77 % change on previous year | +22.4% |
| 1990 | -68.06 % change on previous year | -266.9% |
| 1991 | 547.02 % change on previous year | -903.7% |
| 1992 | 9.71 % change on previous year | -98.2% |
| 1993 | 505.25 % change on previous year | +5103.8% |
| 1994 | 90.14 % change on previous year | -82.2% |
| 1995 | 9.2 % change on previous year | -89.8% |
| 1996 | 43.66 % change on previous year | +374.4% |
| 1997 | 82.28 % change on previous year | +88.5% |
| 1998 | 23.03 % change on previous year | -72.0% |
| 1999 | 29.58 % change on previous year | +28.5% |
| 2000 | -22.73 % change on previous year | -176.8% |
| 2001 | 3.46 % change on previous year | -115.2% |
| 2002 | 2.37 % change on previous year | -31.5% |
| 2003 | 68.52 % change on previous year | +2790.4% |
| 2004 | 25.97 % change on previous year | -62.1% |
| 2005 | 41.32 % change on previous year | +59.1% |
| 2006 | 53.91 % change on previous year | +30.5% |
| 2007 | 10.62 % change on previous year | -80.3% |
| 2008 | 36.73 % change on previous year | +245.8% |
| 2009 | -18.8 % change on previous year | -151.2% |
| 2010 | 57.01 % change on previous year | -403.2% |
| 2011 | 84.31 % change on previous year | +47.9% |
| 2012 | 17.2 % change on previous year | -79.6% |
| 2013 | -2.1 % change on previous year | -112.2% |
| 2014 | -23.78 % change on previous year | +1034.6% |
| 2015 | -25.61 % change on previous year | +7.7% |
| 2016 | -26.12 % change on previous year | +2.0% |
| 2017 | 103.97 % change on previous year | -498.0% |
| 2018 | 52.08 % change on previous year | -49.9% |
| 2019 | 8.79 % change on previous year | -83.1% |
Mongolia compared with similar countries
- Mongolia's 8.79 % change on previous year is above the median for upper middle income countries, which is 5.31 % change on previous year, 1.7× the median. (50 countries reporting)
- Mongolia's 8.79 % change on previous year is above the median for East Asia & Pacific, which is 2.81 % change on previous year, 3.1× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Current prices 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.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +5103.8% | 9.71 % change on previous year | 505.25 % change on previous year |
| 2003 | +2790.4% | 2.37 % change on previous year | 68.52 % change on previous year |
| 1988 | +1076.9% | -3.41 % change on previous year | 33.32 % change on previous year |
| 2014 | -1034.6% | -2.1 % change on previous year | -23.78 % change on previous year |
| 1991 | +903.7% | -68.06 % change on previous year | 547.02 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.08 % change on previous year | 3.64 % change on previous year | 10.82 % change on previous year | 9 |
| 1980s | 13.35 % change on previous year | -23.6 % change on previous year | 49.34 % change on previous year | 10 |
| 1990s | 127.18 % change on previous year | -68.06 % change on previous year | 547.02 % change on previous year | 10 |
| 2000s | 20.14 % change on previous year | -22.73 % change on previous year | 68.52 % change on previous year | 10 |
| 2010s | 24.57 % change on previous year | -26.12 % change on previous year | 103.97 % change on previous year | 10 |
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)
- IMF holdings of currency, SDR, annual growth rate -26.13 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0049 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 35.08 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0064 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 45.3 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, current prices in Mongolia?
- Gross fixed capital formation, private sector, current prices in Mongolia was 8.79 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, private sector, current prices recorded in Mongolia?
- The highest recorded value was 547.02 % change on previous year in 1991.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Mongolia?
- The lowest recorded value was -68.06 % change on previous year in 1990.
- How does Mongolia rank for gross fixed capital formation, private sector, current prices?
- Mongolia ranks 65th out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Mongolia?
- Over the last ten years it is up 146.8%. 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 fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, Private sector, Current prices International Monetary Fund
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
The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.