Gross National Income — Value Standard Local Currency in Mongolia
Mongolia: Gross National Income — Value Standard Local Currency was 59.26 million million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Mongolia, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Mongolia recorded 59.26 million million SLC for gross national income — value standard local currency in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 27.9% on the previous year and up 227.6% over ten years.
Over the whole period, gross national income — value standard local currency in Mongolia peaked at 59.26 million million SLC in 2023 and was at its lowest, 5,905 million SLC, in 1970.
That places Mongolia 24th out of 202 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency in Mongolia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 5,905 million SLC | — |
| 1971 | 6,182 million SLC | +4.7% |
| 1972 | 6,406 million SLC | +3.6% |
| 1973 | 6,975 million SLC | +8.9% |
| 1974 | 7,271 million SLC | +4.2% |
| 1975 | 7,744 million SLC | +6.5% |
| 1976 | 8,046 million SLC | +3.9% |
| 1977 | 8,672 million SLC | +7.8% |
| 1978 | 9,324 million SLC | +7.5% |
| 1979 | 9,723 million SLC | +4.3% |
| 1980 | 10,344 million SLC | +6.4% |
| 1981 | 11,492 million SLC | +11.1% |
| 1982 | 12,856 million SLC | +11.9% |
| 1983 | 13,805 million SLC | +7.4% |
| 1984 | 14,161 million SLC | +2.6% |
| 1985 | 14,754 million SLC | +4.2% |
| 1986 | 14,568 million SLC | -1.3% |
| 1987 | 15,108 million SLC | +3.7% |
| 1988 | 16,306 million SLC | +7.9% |
| 1989 | 17,268 million SLC | +5.9% |
| 1990 | 16,817 million SLC | -2.6% |
| 1991 | 32,428 million SLC | +92.8% |
| 1992 | 82,677 million SLC | +155.0% |
| 1993 | 279,770 million SLC | +238.4% |
| 1994 | 492,516 million SLC | +76.0% |
| 1995 | 765,996 million SLC | +55.5% |
| 1996 | 892,876 million SLC | +16.6% |
| 1997 | 1.15 million million SLC | +28.8% |
| 1998 | 1.14 million million SLC | -0.7% |
| 1999 | 1.29 million million SLC | +12.7% |
| 2000 | 1.42 million million SLC | +10.0% |
| 2001 | 1.59 million million SLC | +12.7% |
| 2002 | 1.79 million million SLC | +12.5% |
| 2003 | 2.10 million million SLC | +17.1% |
| 2004 | 2.80 million million SLC | +33.5% |
| 2005 | 3.49 million million SLC | +24.5% |
| 2006 | 4.66 million million SLC | +33.5% |
| 2007 | 5.67 million million SLC | +21.8% |
| 2008 | 7.45 million million SLC | +31.2% |
| 2009 | 7.39 million million SLC | -0.7% |
| 2010 | 8.97 million million SLC | +21.3% |
| 2011 | 12.09 million million SLC | +34.8% |
| 2012 | 15.40 million million SLC | +27.4% |
| 2013 | 18.09 million million SLC | +17.5% |
| 2014 | 20.42 million million SLC | +12.9% |
| 2015 | 20.99 million million SLC | +2.8% |
| 2016 | 21.96 million million SLC | +4.6% |
| 2017 | 24.09 million million SLC | +9.7% |
| 2018 | 29.53 million million SLC | +22.6% |
| 2019 | 33.65 million million SLC | +14.0% |
| 2020 | 33.91 million million SLC | +0.8% |
| 2021 | 37.20 million million SLC | +9.7% |
| 2022 | 46.34 million million SLC | +24.6% |
| 2023 | 59.26 million million SLC | +27.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7,625 million SLC | 5,905 million SLC | 9,723 million SLC | 10 |
| 1980s | 14,066 million SLC | 10,344 million SLC | 17,268 million SLC | 10 |
| 1990s | 614,112 million SLC | 16,817 million SLC | 1.29 million million SLC | 10 |
| 2000s | 3.84 million million SLC | 1.42 million million SLC | 7.45 million million SLC | 10 |
| 2010s | 20.52 million million SLC | 8.97 million million SLC | 33.65 million million SLC | 10 |
| 2020s | 44.18 million million SLC | 33.91 million million SLC | 59.26 million million SLC | 4 |
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)
- GDP (current US$), annual growth rate 6.62 % change on previous year (2025)
- GDP (current US$), per capita 7,108 current US$ per person (2025)
- GDP (current LCU), annual growth rate 11.5 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 3,545 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 25.20 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 6.84 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.6868 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 4,882 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross national income — value standard local currency in Mongolia?
- Gross national income — value standard local currency in Mongolia was 59.26 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Mongolia?
- The highest recorded value was 59.26 million million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Mongolia?
- The lowest recorded value was 5,905 million SLC in 1970.
- How does Mongolia rank for gross national income — value standard local currency?
- Mongolia ranks 24th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Mongolia?
- Over the last ten years it is up 227.6%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).