Gross Fixed Capital Formation — Value Standard Local Currency, per in Mongolia
Mongolia: Gross Fixed Capital Formation — Value Standard Local Currency, per was 12.1 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Mongolia, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Mongolia is 12.1 million SLC per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
That represents a change of up 17.4% on the previous year and up 147.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Mongolia peaked at 12.1 million SLC per square kilometre in 2023 and was at its lowest, 0.0024 million SLC per square kilometre, in 1970.
That places Mongolia 55th out of 194 countries with data for 2023, putting it in the middle of the range.
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 square kilometre | Change |
|---|---|---|
| 1970 | 0.0024 million SLC per square kilometre | — |
| 1971 | 0.0025 million SLC per square kilometre | +4.6% |
| 1972 | 0.0026 million SLC per square kilometre | +3.6% |
| 1973 | 0.0028 million SLC per square kilometre | +9.1% |
| 1974 | 0.0029 million SLC per square kilometre | +3.7% |
| 1975 | 0.0031 million SLC per square kilometre | +6.9% |
| 1976 | 0.0033 million SLC per square kilometre | +4.7% |
| 1977 | 0.0034 million SLC per square kilometre | +4.9% |
| 1978 | 0.0038 million SLC per square kilometre | +10.8% |
| 1979 | 0.004 million SLC per square kilometre | +6.3% |
| 1980 | 0.0038 million SLC per square kilometre | -6.9% |
| 1981 | 0.0054 million SLC per square kilometre | +42.7% |
| 1982 | 0.0059 million SLC per square kilometre | +10.9% |
| 1983 | 0.0052 million SLC per square kilometre | -11.8% |
| 1984 | 0.0054 million SLC per square kilometre | +2.3% |
| 1985 | 0.0061 million SLC per square kilometre | +13.2% |
| 1986 | 0.0061 million SLC per square kilometre | +1.0% |
| 1987 | 0.0064 million SLC per square kilometre | +3.8% |
| 1988 | 0.0063 million SLC per square kilometre | -0.3% |
| 1989 | 0.0067 million SLC per square kilometre | +5.9% |
| 1990 | 0.0047 million SLC per square kilometre | -29.7% |
| 1991 | 0.0056 million SLC per square kilometre | +19.4% |
| 1992 | 0.0074 million SLC per square kilometre | +31.9% |
| 1993 | 0.0597 million SLC per square kilometre | +702.3% |
| 1994 | 0.087 million SLC per square kilometre | +45.7% |
| 1995 | 0.1279 million SLC per square kilometre | +47.1% |
| 1996 | 0.1553 million SLC per square kilometre | +21.4% |
| 1997 | 0.1873 million SLC per square kilometre | +20.6% |
| 1998 | 0.2319 million SLC per square kilometre | +23.8% |
| 1999 | 0.2998 million SLC per square kilometre | +29.3% |
| 2000 | 0.2565 million SLC per square kilometre | -14.4% |
| 2001 | 0.2515 million SLC per square kilometre | -1.9% |
| 2002 | 0.2789 million SLC per square kilometre | +10.9% |
| 2003 | 0.4398 million SLC per square kilometre | +57.7% |
| 2004 | 0.5365 million SLC per square kilometre | +22.0% |
| 2005 | 0.6991 million SLC per square kilometre | +30.3% |
| 2006 | 1.1 million SLC per square kilometre | +57.5% |
| 2007 | 1.42 million SLC per square kilometre | +29.1% |
| 2008 | 1.95 million SLC per square kilometre | +37.0% |
| 2009 | 1.56 million SLC per square kilometre | -19.8% |
| 2010 | 2.25 million SLC per square kilometre | +43.8% |
| 2011 | 4.27 million SLC per square kilometre | +90.1% |
| 2012 | 5.02 million SLC per square kilometre | +17.5% |
| 2013 | 4.88 million SLC per square kilometre | -2.7% |
| 2014 | 4.14 million SLC per square kilometre | -15.2% |
| 2015 | 2.69 million SLC per square kilometre | -35.1% |
| 2016 | 2.87 million SLC per square kilometre | +6.7% |
| 2017 | 4.02 million SLC per square kilometre | +40.1% |
| 2018 | 5.62 million SLC per square kilometre | +39.7% |
| 2019 | 6.8 million SLC per square kilometre | +21.1% |
| 2020 | 5.67 million SLC per square kilometre | -16.6% |
| 2021 | 7.53 million SLC per square kilometre | +32.8% |
| 2022 | 10.31 million SLC per square kilometre | +36.9% |
| 2023 | 12.1 million SLC per square kilometre | +17.4% |
Mongolia compared with similar countries
- Mongolia's 12.1 million SLC per square kilometre is above the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 5.8× the median. (54 countries reporting)
- Mongolia's 12.1 million SLC per square kilometre is above the median for East Asia & Pacific, which is 2.25 million SLC per square kilometre, 5.4× 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 | +702.3% | 0.0074 million SLC per square kilometre | 0.0597 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0031 million SLC per square kilometre | 0.0024 million SLC per square kilometre | 0.004 million SLC per square kilometre | 10 |
| 1980s | 0.0057 million SLC per square kilometre | 0.0038 million SLC per square kilometre | 0.0067 million SLC per square kilometre | 10 |
| 1990s | 0.1167 million SLC per square kilometre | 0.0047 million SLC per square kilometre | 0.2998 million SLC per square kilometre | 10 |
| 2000s | 0.8494 million SLC per square kilometre | 0.2515 million SLC per square kilometre | 1.95 million SLC per square kilometre | 10 |
| 2010s | 4.26 million SLC per square kilometre | 2.25 million SLC per square kilometre | 6.8 million SLC per square kilometre | 10 |
| 2020s | 8.9 million SLC per square kilometre | 5.67 million SLC per square kilometre | 12.1 million SLC per square kilometre | 4 |
Countries ranked near Mongolia
- 52 Pakistan 13.21 million SLC per square kilometre compare
- 53 Argentina 12.99 million SLC per square kilometre compare
- 54 Malta 12.17 million SLC per square kilometre compare
- 56 Cameroon 12.1 million SLC per square kilometre compare
- 57 Kazakhstan 11.73 million SLC per square kilometre compare
- 58 Liechtenstein 11.55 million SLC per square kilometre 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, per in Mongolia?
- Gross fixed capital formation — value standard local currency, per in Mongolia was 12.1 million SLC per square kilometre in 2023, 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 12.1 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Mongolia?
- The lowest recorded value was 0.0024 million SLC per square kilometre in 1970.
- How does Mongolia rank for gross fixed capital formation — value standard local currency, per?
- Mongolia ranks 55th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Mongolia?
- Over the last ten years it is up 147.8%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.