Gross fixed capital formation, Private sector, Current prices in Mongolia
Mongolia: Gross fixed capital formation, Private sector, Current prices 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 prices 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% |
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 14,190 compare
- 24 Lebanon 13,574 compare
- 25 Hungary 10,059 compare
- 27 Madagascar 7,878 compare
- 28 Bangladesh 5,986 compare
- 29 Cote 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 12.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3,209 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 22.81 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 7.87 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5992 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 4,259 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 7.87 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1,181 constant LCU 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.
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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.