Gross fixed capital formation, Private sector, Current … Domestic in Mongolia
Mongolia: Gross fixed capital formation, Private sector, Current … Domestic was 8,622 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Mongolia, 1970–2019
Source: International Monetary Fund.
Analysis
Mongolia recorded 8,622 for gross fixed capital formation, private sector, current prices in 2019. That is the highest value across all 50 years on record.
The figure is up 8.8% on the previous year and up 369.4% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Mongolia peaked at 8,622 in 2019 and was at its lowest, 0.7206, in 1970.
That places Mongolia 26th out of 174 countries with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Current … Domestic in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.7206 | — |
| 1971 | 0.7538 | +4.6% |
| 1972 | 0.7813 | +3.6% |
| 1973 | 0.8525 | +9.1% |
| 1974 | 0.8842 | +3.7% |
| 1975 | 0.9453 | +6.9% |
| 1976 | 0.9896 | +4.7% |
| 1977 | 1.04 | +4.9% |
| 1978 | 1.15 | +10.8% |
| 1979 | 1.22 | +6.3% |
| 1980 | 1.11 | -9.5% |
| 1981 | 1.33 | +20.1% |
| 1982 | 1.85 | +39.2% |
| 1983 | 1.9 | +2.4% |
| 1984 | 1.61 | -15.1% |
| 1985 | 1.23 | -23.6% |
| 1986 | 1.84 | +49.3% |
| 1987 | 1.77 | -3.4% |
| 1988 | 2.36 | +33.3% |
| 1989 | 3.33 | +40.8% |
| 1990 | 1.06 | -68.1% |
| 1991 | 6.88 | +547.0% |
| 1992 | 7.54 | +9.7% |
| 1993 | 45.66 | +505.3% |
| 1994 | 86.82 | +90.1% |
| 1995 | 94.81 | +9.2% |
| 1996 | 136.2 | +43.7% |
| 1997 | 248.26 | +82.3% |
| 1998 | 305.42 | +23.0% |
| 1999 | 395.77 | +29.6% |
| 2000 | 305.83 | -22.7% |
| 2001 | 316.41 | +3.5% |
| 2002 | 323.91 | +2.4% |
| 2003 | 545.86 | +68.5% |
| 2004 | 687.63 | +26.0% |
| 2005 | 971.78 | +41.3% |
| 2006 | 1,496 | +53.9% |
| 2007 | 1,655 | +10.6% |
| 2008 | 2,262 | +36.7% |
| 2009 | 1,837 | -18.8% |
| 2010 | 2,884 | +57.0% |
| 2011 | 5,316 | +84.3% |
| 2012 | 6,230 | +17.2% |
| 2013 | 6,099 | -2.1% |
| 2014 | 4,649 | -23.8% |
| 2015 | 3,458 | -25.6% |
| 2016 | 2,555 | -26.1% |
| 2017 | 5,211 | +104.0% |
| 2018 | 7,925 | +52.1% |
| 2019 | 8,622 | +8.8% |
Mongolia compared with similar countries
- Mongolia's 8,622 is above the median for upper middle income countries, which is 269.45, 32.0× the median. (50 countries reporting)
- Mongolia's 8,622 is above the median for East Asia & Pacific, which is 3,401, 2.5× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Current … Domestic 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 |
|---|---|---|---|
| 1991 | +547.0% | 1.06 | 6.88 |
| 1993 | +505.3% | 7.54 | 45.66 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.934 | 0.7206 | 1.22 | 10 |
| 1980s | 1.83 | 1.11 | 3.33 | 10 |
| 1990s | 132.84 | 1.06 | 395.77 | 10 |
| 2000s | 1,040 | 305.83 | 2,262 | 10 |
| 2010s | 5,295 | 2,555 | 8,622 | 10 |
Countries ranked near Mongolia
- 23 Kazakhstan, Republic of 14,190 compare
- 24 Lebanon 13,574 compare
- 25 Hungary 10,059 compare
- 27 Madagascar, Republic of 7,878 compare
- 28 Bangladesh 5,986 compare
- 29 Côte d'Ivoire 5,358 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)
- 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 fixed capital formation, private sector, current prices in Mongolia?
- Gross fixed capital formation, private sector, current prices in Mongolia was 8,622 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Mongolia?
- The highest recorded value was 8,622 in 2019.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Mongolia?
- The lowest recorded value was 0.7206 in 1970.
- How does Mongolia rank for gross fixed capital formation, private sector, current prices?
- Mongolia ranks 26th 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 369.4%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.