ICT service exports in Mongolia
Mongolia: ICT service exports was 3.9% in 2024. ◆ Volatile
ICT service exports in Mongolia, 1992–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
Mongolia recorded 3.9% for ict service exports in 2024.
Compared with earlier readings it is up 3.0% on the previous year and up 72.8% over ten years.
Over the whole period, ict service exports in Mongolia peaked at 12.9% in 1997 and was at its lowest, 1.8%, in 2015.
That places Mongolia 112th out of 189 countries with data for 2024, putting it 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 | % of service exports, BoP | Change |
|---|---|---|
| 1992 | 6.6% | — |
| 1993 | 8.5% | +28.0% |
| 1994 | 8.4% | -1.1% |
| 1995 | 8.7% | +4.3% |
| 1996 | 8.6% | -1.2% |
| 1997 | 12.9% | +49.7% |
| 1998 | 9.2% | -28.4% |
| 1999 | 10.5% | +13.8% |
| 2000 | 9.9% | -5.6% |
| 2001 | 6.8% | -31.7% |
| 2002 | 3.2% | -52.4% |
| 2003 | 2.3% | -29.1% |
| 2004 | 1.8% | -23.1% |
| 2005 | 3.7% | +108.5% |
| 2006 | 3.7% | +1.2% |
| 2007 | 3.6% | -3.5% |
| 2008 | 3.7% | +3.8% |
| 2009 | 3.0% | -19.7% |
| 2010 | 2.0% | -32.0% |
| 2011 | 2.6% | +28.0% |
| 2012 | 3.4% | +28.7% |
| 2013 | 1.9% | -43.8% |
| 2014 | 2.2% | +18.4% |
| 2015 | 1.8% | -21.5% |
| 2016 | 2.3% | +33.3% |
| 2017 | 2.6% | +13.5% |
| 2018 | 4.0% | +50.8% |
| 2019 | 4.1% | +1.7% |
| 2020 | 4.9% | +21.2% |
| 2021 | 3.8% | -21.9% |
| 2022 | 4.4% | +15.6% |
| 2023 | 3.7% | -15.8% |
| 2024 | 3.9% | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.2% | 6.6% | 12.9% | 8 |
| 2000s | 4.2% | 1.8% | 9.9% | 10 |
| 2010s | 2.7% | 1.8% | 4.1% | 10 |
| 2020s | 4.2% | 3.7% | 4.9% | 5 |
Countries ranked near Mongolia
- 109 Micronesia, Federated States of 4.0% compare
- 110 Andorra 3.9% compare
- 111 Bolivia, Plurinational State of 3.9% compare
- 113 Botswana 3.8% compare
- 114 Saudi Arabia 3.6% compare
- 115 Curaçao 3.5% 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)
- Total reserves minus gold (current US$), annual growth rate 20.79 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.2329 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,655 current US$ per person (2025)
- General government final consumption expenditure (current US$) 0.7186 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1462 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,039 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 5.33 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 518.26 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is ict service exports in Mongolia?
- Ict service exports in Mongolia was 3.9% 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 12.9% in 1997.
- What is the lowest ict service exports recorded in Mongolia?
- The lowest recorded value was 1.8% in 2015.
- How does Mongolia rank for ict service exports?
- Mongolia ranks 112th 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 72.8%. 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 (% of service exports, BoP). 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).