Gross value added at basic prices (GVA) (current LCU), annual growth in Mongolia

Mongolia: Gross value added at basic prices (GVA) (current LCU), annual growth was 12.44 % change on previous year in 2025. ◆ Volatile

Latest (2025)
12.44 % change on previous year
Change on year
down 8.5%
World rank
42nd
of 205 countries
All-time high
298.38 % change on previous year
in 1993
All-time low
-0.6572 % change on previous year
in 1986
Years of data
44
1982–2025

Gross value added at basic prices (GVA) (current LCU), annual growth in Mongolia, 1982–2025

01002003001982200320251982: 10.5 % change on previous year1983: 6.8 % change on previous year1984: 2.7 % change on previous year1985: 4.2 % change on previous year1986: -0.657 % change on previous year1987: 4.3 % change on previous year1988: 6.1 % change on previous year1989: 11.6 % change on previous year1990: 15.8 % change on previous year1991: 64 % change on previous year1992: 159 % change on previous year1993: 298.4 % change on previous year1994: 70.6 % change on previous year1995: 72.1 % change on previous year1996: 12.3 % change on previous year1997: 25 % change on previous year1998: 0.892 % change on previous year1999: 12.8 % change on previous year2000: 10.3 % change on previous year2001: 11.6 % change on previous year2002: 12.5 % change on previous year2003: 19.1 % change on previous year2004: 28.8 % change on previous year2005: 30.5 % change on previous year2006: 32.7 % change on previous year2007: 23.3 % change on previous year2008: 31.8 % change on previous year2009: 2 % change on previous year2010: 46 % change on previous year2011: 31.5 % change on previous year2012: 28.8 % change on previous year2013: 14.6 % change on previous year2014: 18.6 % change on previous year2015: 4.3 % change on previous year2016: 4.4 % change on previous year2017: 16.1 % change on previous year2018: 14.1 % change on previous year2019: 16.4 % change on previous year2020: 0.214 % change on previous year2021: 15.5 % change on previous year2022: 22.9 % change on previous year2023: 32.5 % change on previous year2024: 13.6 % change on previous year2025: 12.4 % change on previous year

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

Analysis

Mongolia recorded 12.44 % change on previous year for gross value added at basic prices (gva) (current lcu), annual growth in 2025.

That represents a change of down 8.5% on the previous year and up 192.3% over ten years.

Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Mongolia peaked at 298.38 % change on previous year in 1993 and was at its lowest, -0.6572 % change on previous year, in 1986.

That places Mongolia 42nd out of 205 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross value added at basic prices (GVA) (current LCU), annual growth in Mongolia, year by year

Annual values for Gross value added at basic prices (GVA) (current LCU), annual growth rate in Mongolia, 1982 to 2025.
Year % change on previous year Change
1982 10.49 % change on previous year
1983 6.79 % change on previous year -35.3%
1984 2.66 % change on previous year -60.8%
1985 4.18 % change on previous year +57.1%
1986 -0.6572 % change on previous year -115.7%
1987 4.3 % change on previous year -753.7%
1988 6.09 % change on previous year +41.7%
1989 11.62 % change on previous year +91.0%
1990 15.76 % change on previous year +35.6%
1991 63.99 % change on previous year +305.9%
1992 158.97 % change on previous year +148.4%
1993 298.38 % change on previous year +87.7%
1994 70.62 % change on previous year -76.3%
1995 72.05 % change on previous year +2.0%
1996 12.31 % change on previous year -82.9%
1997 24.99 % change on previous year +103.1%
1998 0.8919 % change on previous year -96.4%
1999 12.75 % change on previous year +1330.0%
2000 10.35 % change on previous year -18.8%
2001 11.6 % change on previous year +12.1%
2002 12.47 % change on previous year +7.5%
2003 19.05 % change on previous year +52.8%
2004 28.78 % change on previous year +51.0%
2005 30.49 % change on previous year +5.9%
2006 32.7 % change on previous year +7.3%
2007 23.26 % change on previous year -28.9%
2008 31.76 % change on previous year +36.5%
2009 1.97 % change on previous year -93.8%
2010 46 % change on previous year +2230.3%
2011 31.5 % change on previous year -31.5%
2012 28.8 % change on previous year -8.6%
2013 14.57 % change on previous year -49.4%
2014 18.57 % change on previous year +27.4%
2015 4.25 % change on previous year -77.1%
2016 4.43 % change on previous year +4.2%
2017 16.09 % change on previous year +262.9%
2018 14.11 % change on previous year -12.3%
2019 16.38 % change on previous year +16.1%
2020 0.2137 % change on previous year -98.7%
2021 15.49 % change on previous year +7148.5%
2022 22.86 % change on previous year +47.5%
2023 32.54 % change on previous year +42.3%
2024 13.59 % change on previous year -58.2%
2025 12.44 % change on previous year -8.5%

Averages by decade

DecadeAverage LowestHighest Years
1980s 5.68 % change on previous year -0.6572 % change on previous year 11.62 % change on previous year 8
1990s 73.07 % change on previous year 0.8919 % change on previous year 298.38 % change on previous year 10
2000s 20.24 % change on previous year 1.97 % change on previous year 32.7 % change on previous year 10
2010s 19.47 % change on previous year 4.25 % change on previous year 46 % change on previous year 10
2020s 16.19 % change on previous year 0.2137 % change on previous year 32.54 % change on previous year 6

Countries ranked near Mongolia

  1. 39 Bhutan 12.69 % change on previous year compare
  2. 40 Tonga 12.69 % change on previous year compare
  3. 41 Honduras 12.61 % change on previous year compare
  4. 43 Laos 12.43 % change on previous year compare
  5. 44 Samoa 11.96 % change on previous year compare
  6. 45 Vietnam 11.78 % change on previous year compare

See the full ranking of 206 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gross value added at basic prices (gva) (current lcu), annual growth in Mongolia?
Gross value added at basic prices (gva) (current lcu), annual growth in Mongolia was 12.44 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Mongolia?
The highest recorded value was 298.38 % change on previous year in 1993.
What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Mongolia?
The lowest recorded value was -0.6572 % change on previous year in 1986.
How does Mongolia rank for gross value added at basic prices (gva) (current lcu), annual growth?
Mongolia ranks 42nd out of 205 countries with data for 2025.
Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Mongolia?
Over the last ten years it is up 192.3%. 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 value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current LCU), annual growth in Mongolia. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/mongolia/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/mongolia/">Gross value added at basic prices (GVA) (current LCU), annual growth in Mongolia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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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 value added at basic prices (GVA) (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 8,871 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.