Gross Fixed Capital Formation — Value Standard Local Currency, per in Mongolia
Mongolia: Gross Fixed Capital Formation — Value Standard Local Currency, per was 6.43 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Mongolia, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross fixed capital formation — value standard local currency, per in Mongolia stood at 6.43 million SLC per person. That is the highest value across all 55 years on record.
That represents a change of up 18.6% on the previous year and up 195.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Mongolia peaked at 6.43 million SLC per person in 2024 and was at its lowest, 0.0028 million SLC per person, in 1970.
That places Mongolia 7th out of 194 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, per in Mongolia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0028 million SLC per person | — |
| 1971 | 0.0029 million SLC per person | +1.9% |
| 1972 | 0.0029 million SLC per person | +0.9% |
| 1973 | 0.0031 million SLC per person | +6.1% |
| 1974 | 0.0031 million SLC per person | +0.8% |
| 1975 | 0.0032 million SLC per person | +3.9% |
| 1976 | 0.0033 million SLC per person | +1.7% |
| 1977 | 0.0034 million SLC per person | +2.0% |
| 1978 | 0.0036 million SLC per person | +7.9% |
| 1979 | 0.0038 million SLC per person | +3.6% |
| 1980 | 0.0034 million SLC per person | -9.2% |
| 1981 | 0.0048 million SLC per person | +39.3% |
| 1982 | 0.0051 million SLC per person | +8.3% |
| 1983 | 0.0044 million SLC per person | -13.9% |
| 1984 | 0.0044 million SLC per person | -0.2% |
| 1985 | 0.0049 million SLC per person | +10.4% |
| 1986 | 0.0048 million SLC per person | -1.5% |
| 1987 | 0.0049 million SLC per person | +1.2% |
| 1988 | 0.0047 million SLC per person | -2.9% |
| 1989 | 0.0049 million SLC per person | +3.5% |
| 1990 | 0.0035 million SLC per person | -28.8% |
| 1991 | 0.004 million SLC per person | +15.7% |
| 1992 | 0.0053 million SLC per person | +31.8% |
| 1993 | 0.0427 million SLC per person | +703.3% |
| 1994 | 0.0615 million SLC per person | +44.1% |
| 1995 | 0.089 million SLC per person | +44.7% |
| 1996 | 0.1064 million SLC per person | +19.6% |
| 1997 | 0.1265 million SLC per person | +18.9% |
| 1998 | 0.1544 million SLC per person | +22.1% |
| 1999 | 0.1968 million SLC per person | +27.5% |
| 2000 | 0.1662 million SLC per person | -15.6% |
| 2001 | 0.161 million SLC per person | -3.1% |
| 2002 | 0.1762 million SLC per person | +9.5% |
| 2003 | 0.2757 million SLC per person | +56.5% |
| 2004 | 0.3325 million SLC per person | +20.6% |
| 2005 | 0.4284 million SLC per person | +28.9% |
| 2006 | 0.668 million SLC per person | +55.9% |
| 2007 | 0.8508 million SLC per person | +27.4% |
| 2008 | 1.15 million SLC per person | +34.9% |
| 2009 | 0.9038 million SLC per person | -21.2% |
| 2010 | 1.28 million SLC per person | +41.3% |
| 2011 | 2.39 million SLC per person | +86.9% |
| 2012 | 2.75 million SLC per person | +15.2% |
| 2013 | 2.62 million SLC per person | -4.6% |
| 2014 | 2.18 million SLC per person | -17.1% |
| 2015 | 1.38 million SLC per person | -36.4% |
| 2016 | 1.45 million SLC per person | +4.6% |
| 2017 | 1.99 million SLC per person | +37.5% |
| 2018 | 2.73 million SLC per person | +37.2% |
| 2019 | 3.24 million SLC per person | +18.8% |
| 2020 | 2.66 million SLC per person | -18.1% |
| 2021 | 3.47 million SLC per person | +30.6% |
| 2022 | 4.68 million SLC per person | +34.9% |
| 2023 | 5.42 million SLC per person | +15.9% |
| 2024 | 6.43 million SLC per person | +18.6% |
Mongolia compared with similar countries
- Mongolia's 6.43 million SLC per person is above the median for upper middle income countries, which is 0.0292 million SLC per person, 220.3× the median. (54 countries reporting)
- Mongolia's 6.43 million SLC per person is above the median for East Asia & Pacific, which is 0.0231 million SLC per person, 277.7× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per 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 |
|---|---|---|---|
| 1993 | +703.3% | 0.0053 million SLC per person | 0.0427 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0032 million SLC per person | 0.0028 million SLC per person | 0.0038 million SLC per person | 10 |
| 1980s | 0.0046 million SLC per person | 0.0034 million SLC per person | 0.0051 million SLC per person | 10 |
| 1990s | 0.079 million SLC per person | 0.0035 million SLC per person | 0.1968 million SLC per person | 10 |
| 2000s | 0.511 million SLC per person | 0.161 million SLC per person | 1.15 million SLC per person | 10 |
| 2010s | 2.2 million SLC per person | 1.28 million SLC per person | 3.24 million SLC per person | 10 |
| 2020s | 4.53 million SLC per person | 2.66 million SLC per person | 6.43 million SLC per person | 5 |
Countries ranked near Mongolia
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, per in Mongolia?
- Gross fixed capital formation — value standard local currency, per in Mongolia was 6.43 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Mongolia?
- The highest recorded value was 6.43 million SLC per person in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Mongolia?
- The lowest recorded value was 0.0028 million SLC per person in 1970.
- How does Mongolia rank for gross fixed capital formation — value standard local currency, per?
- Mongolia ranks 7th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Mongolia?
- Over the last ten years it is up 195.5%. 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, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 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 divided by Population, total, 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 ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.