ICT service exports in Mongolia
Mongolia: ICT service exports was 61.80 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
61.80 million BoP, current US$
Change on year
up 4.1%
World rank
118th
of 189 countries
All-time high
61.80 million BoP, current US$
in 2024
All-time low
2.20 million BoP, current US$
in 1993
Years of data
33
1992–2024
ICT service exports in Mongolia, 1992–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for ict service exports in Mongolia is 61.80 million BoP, current US$, measured in 2024. That is the highest value across all 33 years on record.
That represents a change of up 4.1% on the previous year and up 356.7% over ten years.
Over the whole period, ict service exports in Mongolia peaked at 61.80 million BoP, current US$ in 2024 and was at its lowest, 2.20 million BoP, current US$, in 1993.
Mongolia ranks 118th of 189 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
ICT service exports in Mongolia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1992 | 2.30 million BoP, current US$ | — |
| 1993 | 2.20 million BoP, current US$ | -4.3% |
| 1994 | 3.80 million BoP, current US$ | +72.7% |
| 1995 | 5.00 million BoP, current US$ | +31.6% |
| 1996 | 4.80 million BoP, current US$ | -4.0% |
| 1997 | 6.80 million BoP, current US$ | +41.7% |
| 1998 | 7.20 million BoP, current US$ | +5.9% |
| 1999 | 7.47 million BoP, current US$ | +3.7% |
| 2000 | 7.70 million BoP, current US$ | +3.1% |
| 2001 | 7.70 million BoP, current US$ | +0.0% |
| 2002 | 5.96 million BoP, current US$ | -22.6% |
| 2003 | 4.76 million BoP, current US$ | -20.1% |
| 2004 | 5.96 million BoP, current US$ | +25.2% |
| 2005 | 15.22 million BoP, current US$ | +155.4% |
| 2006 | 18.07 million BoP, current US$ | +18.7% |
| 2007 | 20.59 million BoP, current US$ | +14.0% |
| 2008 | 19.34 million BoP, current US$ | -6.1% |
| 2009 | 12.48 million BoP, current US$ | -35.5% |
| 2010 | 9.87 million BoP, current US$ | -20.9% |
| 2011 | 13.56 million BoP, current US$ | +37.3% |
| 2012 | 21.83 million BoP, current US$ | +61.0% |
| 2013 | 12.97 million BoP, current US$ | -40.6% |
| 2014 | 13.53 million BoP, current US$ | +4.3% |
| 2015 | 12.06 million BoP, current US$ | -10.9% |
| 2016 | 18.69 million BoP, current US$ | +55.0% |
| 2017 | 25.60 million BoP, current US$ | +36.9% |
| 2018 | 46.23 million BoP, current US$ | +80.6% |
| 2019 | 50.07 million BoP, current US$ | +8.3% |
| 2020 | 32.25 million BoP, current US$ | -35.6% |
| 2021 | 31.32 million BoP, current US$ | -2.9% |
| 2022 | 50.47 million BoP, current US$ | +61.1% |
| 2023 | 59.37 million BoP, current US$ | +17.6% |
| 2024 | 61.80 million BoP, current US$ | +4.1% |
Mongolia compared with similar countries
- Mongolia's 61.80 million BoP, current US$ is below the median for upper middle income countries, which is 184.27 million BoP, current US$, 34% of the median. (54 countries reporting)
- Mongolia's 61.80 million BoP, current US$ is above the median for East Asia & Pacific, which is 26.86 million BoP, current US$, 2.3× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.95 million BoP, current US$ | 2.20 million BoP, current US$ | 7.47 million BoP, current US$ | 8 |
| 2000s | 11.78 million BoP, current US$ | 4.76 million BoP, current US$ | 20.59 million BoP, current US$ | 10 |
| 2010s | 22.44 million BoP, current US$ | 9.87 million BoP, current US$ | 50.07 million BoP, current US$ | 10 |
| 2020s | 47.04 million BoP, current US$ | 31.32 million BoP, current US$ | 61.80 million BoP, current US$ | 5 |
Countries ranked near Mongolia
- 115 Niger 70.02 million BoP, current US$ compare
- 116 Tanzania 68.71 million BoP, current US$ compare
- 117 Venezuela 64.00 million BoP, current US$ compare
- 119 Ghana 61.34 million BoP, current US$ compare
- 120 Laos 60.76 million BoP, current US$ compare
- 121 Curacao 54.89 million BoP, current US$ 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$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is ict service exports in Mongolia?
- Ict service exports in Mongolia was 61.80 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest ict service exports recorded in Mongolia?
- The highest recorded value was 61.80 million BoP, current US$ in 2024.
- What is the lowest ict service exports recorded in Mongolia?
- The lowest recorded value was 2.20 million BoP, current US$ in 1993.
- How does Mongolia rank for ict service exports?
- Mongolia ranks 118th out of 189 countries with data for 2024.
- Is ict service exports rising or falling in Mongolia?
- Over the last ten years it is up 356.7%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of ICT service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Information and communication technology service exports include computer and communications services (telecommunications and postal and courier services) and information services (computer data and news-related service transactions). Data are in current U.S. dollars.