Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Mongolia
Mongolia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0005 million SLC per US$ of GDP in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Mongolia, 1980–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
Mongolia recorded 0.0005 million SLC per US$ of GDP for gross fixed capital formation — value standard local currency, 2015 in 2024.
The figure is up 2.3% on the previous year and down 12.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Mongolia peaked at 0.0038 million SLC per US$ of GDP in 1993 and was at its lowest, 0.0004 million SLC per US$ of GDP, in 1990.
That places Mongolia 11th out of 193 countries with data for 2024, putting it 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
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.001 million SLC per US$ of GDP | — |
| 1981 | 0.0012 million SLC per US$ of GDP | +19.5% |
| 1982 | 0.0012 million SLC per US$ of GDP | +1.0% |
| 1983 | 0.001 million SLC per US$ of GDP | -18.5% |
| 1984 | 0.0014 million SLC per US$ of GDP | +39.9% |
| 1985 | 0.0014 million SLC per US$ of GDP | -2.7% |
| 1986 | 0.0012 million SLC per US$ of GDP | -7.9% |
| 1987 | 0.0011 million SLC per US$ of GDP | -10.5% |
| 1988 | 0.0011 million SLC per US$ of GDP | +0.6% |
| 1989 | 0.0012 million SLC per US$ of GDP | +6.0% |
| 1990 | 0.0004 million SLC per US$ of GDP | -70.5% |
| 1991 | 0.0014 million SLC per US$ of GDP | +312.1% |
| 1992 | 0.002 million SLC per US$ of GDP | +40.1% |
| 1993 | 0.0038 million SLC per US$ of GDP | +89.4% |
| 1994 | 0.003 million SLC per US$ of GDP | -22.8% |
| 1995 | 0.0011 million SLC per US$ of GDP | -61.3% |
| 1996 | 0.002 million SLC per US$ of GDP | +72.6% |
| 1997 | 0.0026 million SLC per US$ of GDP | +32.2% |
| 1998 | 0.0027 million SLC per US$ of GDP | +3.0% |
| 1999 | 0.0026 million SLC per US$ of GDP | -4.4% |
| 2000 | 0.0026 million SLC per US$ of GDP | +0.6% |
| 2001 | 0.0019 million SLC per US$ of GDP | -25.3% |
| 2002 | 0.0017 million SLC per US$ of GDP | -12.5% |
| 2003 | 0.0018 million SLC per US$ of GDP | +7.6% |
| 2004 | 0.0015 million SLC per US$ of GDP | -19.8% |
| 2005 | 0.0012 million SLC per US$ of GDP | -17.9% |
| 2006 | 0.0013 million SLC per US$ of GDP | +5.9% |
| 2007 | 0.0012 million SLC per US$ of GDP | -7.4% |
| 2008 | 0.001 million SLC per US$ of GDP | -17.0% |
| 2009 | 0.0008 million SLC per US$ of GDP | -13.9% |
| 2010 | 0.0007 million SLC per US$ of GDP | -15.2% |
| 2011 | 0.0008 million SLC per US$ of GDP | +14.2% |
| 2012 | 0.0008 million SLC per US$ of GDP | -3.5% |
| 2013 | 0.0007 million SLC per US$ of GDP | -11.0% |
| 2014 | 0.0006 million SLC per US$ of GDP | -19.0% |
| 2015 | 0.0004 million SLC per US$ of GDP | -36.2% |
| 2016 | 0.0004 million SLC per US$ of GDP | +11.9% |
| 2017 | 0.0005 million SLC per US$ of GDP | +24.8% |
| 2018 | 0.0006 million SLC per US$ of GDP | +14.9% |
| 2019 | 0.0006 million SLC per US$ of GDP | +5.7% |
| 2020 | 0.0005 million SLC per US$ of GDP | -15.8% |
| 2021 | 0.0005 million SLC per US$ of GDP | +2.8% |
| 2022 | 0.0005 million SLC per US$ of GDP | +0.6% |
| 2023 | 0.0005 million SLC per US$ of GDP | -9.7% |
| 2024 | 0.0005 million SLC per US$ of GDP | +2.3% |
Mongolia compared with similar countries
- Mongolia's 0.0005 million SLC per US$ of GDP is above the median for upper middle income countries, which is 0 million SLC per US$ of GDP, 332.1× the median. (54 countries reporting)
- Mongolia's 0.0005 million SLC per US$ of GDP is above the median for East Asia & Pacific, which is 0 million SLC per US$ of GDP, 719.1× the median. (28 countries reporting)
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.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +312.1% | 0.0004 million SLC per US$ of GDP | 0.0014 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0012 million SLC per US$ of GDP | 0.001 million SLC per US$ of GDP | 0.0014 million SLC per US$ of GDP | 10 |
| 1990s | 0.0022 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP | 0.0038 million SLC per US$ of GDP | 10 |
| 2000s | 0.0015 million SLC per US$ of GDP | 0.0008 million SLC per US$ of GDP | 0.0026 million SLC per US$ of GDP | 10 |
| 2010s | 0.0006 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP | 0.0008 million SLC per US$ of GDP | 10 |
| 2020s | 0.0005 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 5 |
Countries ranked near Mongolia
- 8 Guinea 0.0009 million SLC per US$ of GDP compare
- 9 Uganda 0.0007 million SLC per US$ of GDP compare
- 10 Madagascar 0.0006 million SLC per US$ of GDP compare
- 12 Colombia 0.0004 million SLC per US$ of GDP compare
- 13 Myanmar 0.0004 million SLC per US$ of GDP compare
- 14 Lebanon 0.0003 million SLC per US$ of GDP 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 55.47 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0023 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.78 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 23.79 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1169 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 789.32 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Mongolia?
- Gross fixed capital formation — value standard local currency, 2015 in Mongolia was 0.0005 million SLC per US$ of GDP 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 0.0038 million SLC per US$ of GDP in 1993.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Mongolia?
- The lowest recorded value was 0.0004 million SLC per US$ of GDP in 1990.
- How does Mongolia rank for gross fixed capital formation — value standard local currency, 2015?
- Mongolia ranks 11th out of 193 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 down 12.9%. 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, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.