Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Mongolia
Mongolia: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.0032 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Mongolia, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, 2015 prices, per square in Mongolia stood at 0.0032 million USD per square kilometre. That is the highest value across all 54 years on record.
The figure is up 6.9% on the previous year and up 11.3% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Mongolia peaked at 0.0032 million USD per square kilometre in 2023 and was at its lowest, 0.0003 million USD per square kilometre, in 1990.
Mongolia ranks 187th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Mongolia, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0004 million USD per square kilometre | — |
| 1971 | 0.0005 million USD per square kilometre | +4.6% |
| 1972 | 0.0005 million USD per square kilometre | +3.6% |
| 1973 | 0.0005 million USD per square kilometre | +9.2% |
| 1974 | 0.0005 million USD per square kilometre | +3.7% |
| 1975 | 0.0006 million USD per square kilometre | +6.8% |
| 1976 | 0.0006 million USD per square kilometre | +4.9% |
| 1977 | 0.0006 million USD per square kilometre | +4.8% |
| 1978 | 0.0007 million USD per square kilometre | +10.5% |
| 1979 | 0.0008 million USD per square kilometre | +7.2% |
| 1980 | 0.0007 million USD per square kilometre | -7.7% |
| 1981 | 0.0009 million USD per square kilometre | +31.3% |
| 1982 | 0.001 million USD per square kilometre | +11.6% |
| 1983 | 0.0009 million USD per square kilometre | -12.9% |
| 1984 | 0.001 million USD per square kilometre | +7.7% |
| 1985 | 0.001 million USD per square kilometre | +1.3% |
| 1986 | 0.0012 million USD per square kilometre | +22.0% |
| 1987 | 0.0011 million USD per square kilometre | -6.7% |
| 1988 | 0.0012 million USD per square kilometre | +6.7% |
| 1989 | 0.0014 million USD per square kilometre | +18.3% |
| 1990 | 0.0003 million USD per square kilometre | -78.9% |
| 1991 | 0.0011 million USD per square kilometre | +282.9% |
| 1992 | 0.0009 million USD per square kilometre | -22.4% |
| 1993 | 0.001 million USD per square kilometre | +10.5% |
| 1994 | 0.0009 million USD per square kilometre | -7.0% |
| 1995 | 0.0005 million USD per square kilometre | -39.4% |
| 1996 | 0.0009 million USD per square kilometre | +60.0% |
| 1997 | 0.001 million USD per square kilometre | +16.0% |
| 1998 | 0.001 million USD per square kilometre | -1.9% |
| 1999 | 0.0009 million USD per square kilometre | -10.1% |
| 2000 | 0.001 million USD per square kilometre | +8.2% |
| 2001 | 0.0008 million USD per square kilometre | -16.7% |
| 2002 | 0.0008 million USD per square kilometre | -3.6% |
| 2003 | 0.0009 million USD per square kilometre | +22.3% |
| 2004 | 0.0009 million USD per square kilometre | +0.2% |
| 2005 | 0.001 million USD per square kilometre | +4.0% |
| 2006 | 0.0014 million USD per square kilometre | +43.0% |
| 2007 | 0.0016 million USD per square kilometre | +14.9% |
| 2008 | 0.0018 million USD per square kilometre | +10.3% |
| 2009 | 0.0013 million USD per square kilometre | -29.8% |
| 2010 | 0.0017 million USD per square kilometre | +33.0% |
| 2011 | 0.0028 million USD per square kilometre | +65.3% |
| 2012 | 0.0031 million USD per square kilometre | +13.9% |
| 2013 | 0.0029 million USD per square kilometre | -8.9% |
| 2014 | 0.0023 million USD per square kilometre | -21.3% |
| 2015 | 0.0014 million USD per square kilometre | -39.4% |
| 2016 | 0.0015 million USD per square kilometre | +7.7% |
| 2017 | 0.0019 million USD per square kilometre | +28.2% |
| 2018 | 0.0025 million USD per square kilometre | +31.8% |
| 2019 | 0.0028 million USD per square kilometre | +14.0% |
| 2020 | 0.0022 million USD per square kilometre | -21.1% |
| 2021 | 0.0026 million USD per square kilometre | +18.0% |
| 2022 | 0.003 million USD per square kilometre | +12.9% |
| 2023 | 0.0032 million USD per square kilometre | +6.9% |
Mongolia compared with similar countries
- Mongolia's 0.0032 million USD per square kilometre is below the median for upper middle income countries, which is 0.0962 million USD per square kilometre, 3% of the median. (54 countries reporting)
- Mongolia's 0.0032 million USD per square kilometre is below the median for East Asia & Pacific, which is 0.1742 million USD per square kilometre, 2% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +282.9% | 0.0003 million USD per square kilometre | 0.0011 million USD per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0006 million USD per square kilometre | 0.0004 million USD per square kilometre | 0.0008 million USD per square kilometre | 10 |
| 1980s | 0.001 million USD per square kilometre | 0.0007 million USD per square kilometre | 0.0014 million USD per square kilometre | 10 |
| 1990s | 0.0008 million USD per square kilometre | 0.0003 million USD per square kilometre | 0.0011 million USD per square kilometre | 10 |
| 2000s | 0.0011 million USD per square kilometre | 0.0008 million USD per square kilometre | 0.0018 million USD per square kilometre | 10 |
| 2010s | 0.0023 million USD per square kilometre | 0.0014 million USD per square kilometre | 0.0031 million USD per square kilometre | 10 |
| 2020s | 0.0028 million USD per square kilometre | 0.0022 million USD per square kilometre | 0.0032 million USD per square kilometre | 4 |
Countries ranked near Mongolia
- 184 Libya 0.0034 million USD per square kilometre compare
- 185 Mali 0.0034 million USD per square kilometre compare
- 186 Somalia 0.0033 million USD per square kilometre compare
- 188 Guinea-Bissau 0.0031 million USD per square kilometre compare
- 189 Greenland 0.0029 million USD per square kilometre compare
- 190 Niger 0.0027 million USD per square kilometre compare
More economy & growth data for Mongolia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.08 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.17 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Mongolia?
- Gross fixed capital formation — value us$, 2015 prices, per square in Mongolia was 0.0032 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Mongolia?
- The highest recorded value was 0.0032 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Mongolia?
- The lowest recorded value was 0.0003 million USD per square kilometre in 1990.
- How does Mongolia rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Mongolia ranks 187th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Mongolia?
- Over the last ten years it is up 11.3%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 2015 prices 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.