Gross Fixed Capital Formation — Value US$, annual growth rate in Mongolia

Mongolia: Gross Fixed Capital Formation — Value US$, annual growth rate was 22.81 % change on previous year in 2024. ◆ Volatile

Latest (2024)
22.81 % change on previous year
Change on year
up 254.5%
World rank
14th
of 235 countries
All-time high
126.3 % change on previous year
in 1993
All-time low
-51.06 % change on previous year
in 1992
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value US$, annual growth rate in Mongolia, 1971–2024

-50050100150197119972024

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

Analysis

The most recent figure for gross fixed capital formation — value us$, annual growth rate in Mongolia is 22.81 % change on previous year, measured in 2024.

That represents a change of up 254.5% on the previous year and up 178.8% over ten years.

Over the whole period, gross fixed capital formation — value us$, annual growth rate in Mongolia peaked at 126.3 % change on previous year in 1993 and was at its lowest, -51.06 % change on previous year, in 1992.

That places Mongolia 14th out of 235 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 US$, annual growth rate in Mongolia, year by year

Annual values for Gross Fixed Capital Formation — Value US$, annual growth rate in Mongolia, 1971 to 2024.
Year % change on previous year Change
1971 9.9 % change on previous year
1972 8.12 % change on previous year -17.9%
1973 15.12 % change on previous year +86.2%
1974 13.03 % change on previous year -13.8%
1975 16.81 % change on previous year +29.1%
1976 10.46 % change on previous year -37.8%
1977 11.47 % change on previous year +9.6%
1978 18.62 % change on previous year +62.4%
1979 15.08 % change on previous year -19.0%
1980 1.51 % change on previous year -90.0%
1981 44.97 % change on previous year +2878.1%
1982 13.7 % change on previous year -69.5%
1983 -0.7137 % change on previous year -105.2%
1984 7.59 % change on previous year -1163.1%
1985 17.13 % change on previous year +125.7%
1986 12.86 % change on previous year -24.9%
1987 10.77 % change on previous year -16.2%
1988 2.24 % change on previous year -79.2%
1989 10.09 % change on previous year +350.9%
1990 -27.09 % change on previous year -368.4%
1991 -37.63 % change on previous year +38.9%
1992 -51.06 % change on previous year +35.7%
1993 126.3 % change on previous year -347.4%
1994 -10.81 % change on previous year -108.6%
1995 5.42 % change on previous year -150.1%
1996 -0.683 % change on previous year -112.6%
1997 -16.27 % change on previous year +2282.5%
1998 16.31 % change on previous year -200.3%
1999 6.36 % change on previous year -61.0%
2000 -18.79 % change on previous year -395.5%
2001 -3.83 % change on previous year -79.6%
2002 9.62 % change on previous year -351.5%
2003 53.45 % change on previous year +455.4%
2004 17.97 % change on previous year -66.4%
2005 28.14 % change on previous year +56.6%
2006 61.23 % change on previous year +117.6%
2007 30.12 % change on previous year -50.8%
2008 37.54 % change on previous year +24.6%
2009 -34.97 % change on previous year -193.2%
2010 52.38 % change on previous year -249.8%
2011 103.9 % change on previous year +98.3%
2012 9.49 % change on previous year -90.9%
2013 -13.28 % change on previous year -239.9%
2014 -28.95 % change on previous year +118.0%
2015 -40.09 % change on previous year +38.5%
2016 -1.73 % change on previous year -95.7%
2017 22.93 % change on previous year -1425.6%
2018 37.89 % change on previous year +65.2%
2019 12.37 % change on previous year -67.4%
2020 -21.03 % change on previous year -270.0%
2021 31.12 % change on previous year -248.0%
2022 24.17 % change on previous year -22.3%
2023 6.43 % change on previous year -73.4%
2024 22.81 % change on previous year +254.5%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value US$, annual growth rate 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
1981 +2878.1% 1.51 % change on previous year 44.97 % change on previous year
1997 -2282.5% -0.683 % change on previous year -16.27 % change on previous year
2017 +1425.6% -1.73 % change on previous year 22.93 % change on previous year
1984 +1163.1% -0.7137 % change on previous year 7.59 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 13.18 % change on previous year 8.12 % change on previous year 18.62 % change on previous year 9
1980s 12.01 % change on previous year -0.7137 % change on previous year 44.97 % change on previous year 10
1990s 1.08 % change on previous year -51.06 % change on previous year 126.3 % change on previous year 10
2000s 18.05 % change on previous year -34.97 % change on previous year 61.23 % change on previous year 10
2010s 15.49 % change on previous year -40.09 % change on previous year 103.9 % change on previous year 10
2020s 12.7 % change on previous year -21.03 % change on previous year 31.12 % change on previous year 5

Countries ranked near Mongolia

  1. 11 Sudan (former) 25.4 % change on previous year compare
  2. 12 Sri Lanka 25.1 % change on previous year compare
  3. 13 Madagascar 24.99 % change on previous year compare
  4. 15 Bahamas 22.61 % change on previous year compare
  5. 16 Suriname 19.68 % change on previous year compare
  6. 17 Kenya 18.12 % change on previous year compare

See the full ranking of 265 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gross fixed capital formation — value us$, annual growth rate in Mongolia?
Gross fixed capital formation — value us$, annual growth rate in Mongolia was 22.81 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Mongolia?
The highest recorded value was 126.3 % change on previous year in 1993.
What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Mongolia?
The lowest recorded value was -51.06 % change on previous year in 1992.
How does Mongolia rank for gross fixed capital formation — value us$, annual growth rate?
Mongolia ranks 14th out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$, annual growth rate rising or falling in Mongolia?
Over the last ten years it is up 178.8%. 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 US$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, annual growth rate in Mongolia. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-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 US$. 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 US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
265 places, 13,251 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.