Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Mongolia

Mongolia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 19.72 % change on previous year in 2024. ◆ Volatile

Latest (2024)
19.72 % change on previous year
Change on year
up 181.0%
World rank
7th
of 222 countries
All-time high
282.85 % change on previous year
in 1991
All-time low
-78.88 % change on previous year
in 1990
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Mongolia, 1971–2024

-1000100200300197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Mongolia is 19.72 % change on previous year, measured in 2024.

Compared with earlier readings it is up 181.0% on the previous year and up 192.5% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Mongolia peaked at 282.85 % change on previous year in 1991 and was at its lowest, -78.88 % change on previous year, in 1990.

Mongolia ranks 7th of 222 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Mongolia, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, annual growth rate in Mongolia, 1971 to 2024.
Year % change on previous year Change
1971 4.6 % change on previous year
1972 3.62 % change on previous year -21.3%
1973 9.17 % change on previous year +153.4%
1974 3.69 % change on previous year -59.7%
1975 6.83 % change on previous year +84.9%
1976 4.88 % change on previous year -28.6%
1977 4.85 % change on previous year -0.6%
1978 10.47 % change on previous year +116.1%
1979 7.22 % change on previous year -31.1%
1980 -7.72 % change on previous year -207.0%
1981 31.33 % change on previous year -505.5%
1982 11.65 % change on previous year -62.8%
1983 -12.94 % change on previous year -211.1%
1984 7.71 % change on previous year -159.6%
1985 1.35 % change on previous year -82.5%
1986 22 % change on previous year +1533.8%
1987 -6.66 % change on previous year -130.3%
1988 6.7 % change on previous year -200.6%
1989 18.27 % change on previous year +172.5%
1990 -78.88 % change on previous year -531.7%
1991 282.85 % change on previous year -458.6%
1992 -22.39 % change on previous year -107.9%
1993 10.48 % change on previous year -146.8%
1994 -7 % change on previous year -166.8%
1995 -39.37 % change on previous year +462.1%
1996 59.99 % change on previous year -252.4%
1997 16 % change on previous year -73.3%
1998 -1.92 % change on previous year -112.0%
1999 -10.09 % change on previous year +426.4%
2000 8.2 % change on previous year -181.2%
2001 -16.74 % change on previous year -304.2%
2002 -3.64 % change on previous year -78.2%
2003 22.86 % change on previous year -727.9%
2004 0.1433 % change on previous year -99.4%
2005 4.05 % change on previous year +2726.8%
2006 43.23 % change on previous year +967.6%
2007 14.89 % change on previous year -65.5%
2008 10.27 % change on previous year -31.1%
2009 -29.8 % change on previous year -390.3%
2010 33.01 % change on previous year -210.8%
2011 65.29 % change on previous year +97.8%
2012 13.91 % change on previous year -78.7%
2013 -8.86 % change on previous year -163.7%
2014 -21.31 % change on previous year +140.5%
2015 -39.39 % change on previous year +84.9%
2016 7.72 % change on previous year -119.6%
2017 28.19 % change on previous year +265.1%
2018 31.84 % change on previous year +12.9%
2019 14 % change on previous year -56.0%
2020 -21.08 % change on previous year -250.6%
2021 18.04 % change on previous year -185.6%
2022 12.85 % change on previous year -28.8%
2023 7.02 % change on previous year -45.4%
2024 19.72 % change on previous year +181.0%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value Standard Local Currency, 2015 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.

YearChange FromTo
2005 +2726.8% 0.1433 % change on previous year 4.05 % change on previous year
1986 +1533.8% 1.35 % change on previous year 22 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.15 % change on previous year 3.62 % change on previous year 10.47 % change on previous year 9
1980s 7.17 % change on previous year -12.94 % change on previous year 31.33 % change on previous year 10
1990s 20.97 % change on previous year -78.88 % change on previous year 282.85 % change on previous year 10
2000s 5.35 % change on previous year -29.8 % change on previous year 43.23 % change on previous year 10
2010s 12.44 % change on previous year -39.39 % change on previous year 65.29 % change on previous year 10
2020s 7.31 % change on previous year -21.08 % change on previous year 19.72 % change on previous year 5

Countries ranked near Mongolia

  1. 4 Central African Republic 22.96 % change on previous year compare
  2. 5 Sierra Leone 21.79 % change on previous year compare
  3. 6 Bahamas 20.66 % change on previous year compare
  4. 8 Sri Lanka 19.4 % change on previous year compare
  5. 9 Democratic Republic of the Congo 18.78 % change on previous year compare
  6. 10 Madagascar 17.54 % change on previous year compare

See the full ranking of 223 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, 2015 in Mongolia?
Gross fixed capital formation — value standard local currency, 2015 in Mongolia was 19.72 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Mongolia?
The highest recorded value was 282.85 % change on previous year in 1991.
What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Mongolia?
The lowest recorded value was -78.88 % change on previous year in 1990.
How does Mongolia rank for gross fixed capital formation — value standard local currency, 2015?
Mongolia ranks 7th out of 222 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Mongolia?
Over the last ten years it is up 192.5%. 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 — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Mongolia. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-annual-growth-rate/mongolia/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
223 places, 11,242 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.