Gross Fixed Capital Formation — Share of GDP US$ in Mongolia

Mongolia: Gross Fixed Capital Formation — Share of GDP US$ was 28.98 % in 2024. ▼ Falling

Latest (2024)
28.98 %
Change on year
up 5.8%
World rank
41st
of 203 countries
All-time high
56.82 %
in 1981
All-time low
13.53 %
in 1992
Years of data
55
1970–2024

Gross Fixed Capital Formation — Share of GDP US$ in Mongolia, 1970–2024

102030405060197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for gross fixed capital formation — share of gdp us$ in Mongolia is 28.98 %, measured in 2024.

That represents a change of up 5.8% on the previous year and down 0.1% over ten years.

Over the whole period, gross fixed capital formation — share of gdp us$ in Mongolia peaked at 56.82 % in 1981 and was at its lowest, 13.53 %, in 1992.

That places Mongolia 41st out of 203 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently falling across the 55 years of available data.

Gross Fixed Capital Formation — Share of GDP US$ in Mongolia, year by year

Annual values for Gross Fixed Capital Formation — Share of GDP US$ in Mongolia, 1970 to 2024.
Year % Change
1970 51.57 %
1971 51.52 % -0.1%
1972 51.54 % +0.0%
1973 51.65 % +0.2%
1974 51.39 % -0.5%
1975 51.58 % +0.4%
1976 51.97 % +0.8%
1977 50.6 % -2.6%
1978 52.16 % +3.1%
1979 53.16 % +1.9%
1980 46.5 % -12.5%
1981 56.82 % +22.2%
1982 56.16 % -1.2%
1983 50.72 % -9.7%
1984 49.73 % -2.0%
1985 53.43 % +7.4%
1986 54.02 % +1.1%
1987 56.39 % +4.4%
1988 52.98 % -6.0%
1989 53.88 % +1.7%
1990 38.84 % -27.9%
1991 25.66 % -33.9%
1992 13.53 % -47.3%
1993 30.9 % +128.3%
1994 26.42 % -14.5%
1995 25.64 % -2.9%
1996 26.69 % +4.1%
1997 24.99 % -6.3%
1998 31.52 % +26.1%
1999 35.99 % +14.2%
2000 27.97 % -22.3%
2001 24.12 % -13.8%
2002 24 % -0.5%
2003 32.24 % +34.3%
2004 30.46 % -5.5%
2005 30.81 % +1.2%
2006 36.72 % +19.2%
2007 38.52 % +4.9%
2008 39.9 % +3.6%
2009 31.83 % -20.2%
2010 35.85 % +12.7%
2011 50.49 % +40.8%
2012 46.81 % -7.3%
2013 39.66 % -15.3%
2014 29 % -26.9%
2015 18.28 % -37.0%
2016 18.67 % +2.1%
2017 22.35 % +19.7%
2018 26.85 % +20.1%
2019 27.99 % +4.2%
2020 23.59 % -15.7%
2021 26.94 % +14.2%
2022 29.82 % +10.7%
2023 27.39 % -8.2%
2024 28.98 % +5.8%

Averages by decade

DecadeAverage LowestHighest Years
1970s 51.71 % 50.6 % 53.16 % 10
1980s 53.06 % 46.5 % 56.82 % 10
1990s 28.02 % 13.53 % 38.84 % 10
2000s 31.66 % 24 % 39.9 % 10
2010s 31.6 % 18.28 % 50.49 % 10
2020s 27.34 % 23.59 % 29.82 % 5

Countries ranked near Mongolia

  1. 38 New Caledonia 29.11 % compare
  2. 39 Anguilla 29.06 % compare
  3. 40 Dominican Republic 29.04 % compare
  4. 42 Congo 28.91 % compare
  5. 43 USSR 28.74 % compare
  6. 44 Saudi Arabia 28.69 % compare

See the full ranking of 251 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gross fixed capital formation — share of gdp us$ in Mongolia?
Gross fixed capital formation — share of gdp us$ in Mongolia was 28.98 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — share of gdp us$ recorded in Mongolia?
The highest recorded value was 56.82 % in 1981.
What is the lowest gross fixed capital formation — share of gdp us$ recorded in Mongolia?
The lowest recorded value was 13.53 % in 1992.
How does Mongolia rank for gross fixed capital formation — share of gdp us$?
Mongolia ranks 41st out of 203 countries with data for 2024.
Is gross fixed capital formation — share of gdp us$ rising or falling in Mongolia?
Over the last ten years it is down 0.1%. The long-run trend across the full record is falling.
Where does this Mongolia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Share of GDP US$. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Share of GDP US$ in Mongolia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-share-of-gdp-us/mongolia/

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About this data

Indicator
Gross Fixed Capital Formation — Share of GDP US$
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 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).