Imports of goods and services (BoP, current US$), per unit of GDP in Mongolia
Mongolia: Imports of goods and services (BoP, current US$), per unit of GDP was 0.6972 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Latest (2024)
0.6972 BoP, current US$ per US$ of GDP
Change on year
up 4.6%
World rank
39th
of 199 countries
All-time high
0.7776 BoP, current US$ per US$ of GDP
in 2011
All-time low
0.2119 BoP, current US$ per US$ of GDP
in 1991
Years of data
44
1981–2024
Imports of goods and services (BoP, current US$), per unit of GDP in Mongolia, 1981–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2024, imports of goods and services (bop, current us$), per unit of gdp in Mongolia stood at 0.6972 BoP, current US$ per US$ of GDP.
Compared with earlier readings it is up 4.6% on the previous year and up 18.6% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per unit of gdp in Mongolia peaked at 0.7776 BoP, current US$ per US$ of GDP in 2011 and was at its lowest, 0.2119 BoP, current US$ per US$ of GDP, in 1991.
Mongolia ranks 39th of 199 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Imports of goods and services (BoP, current US$), per unit of GDP in Mongolia, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1981 | 0.5506 BoP, current US$ per US$ of GDP | — |
| 1982 | 0.5454 BoP, current US$ per US$ of GDP | -0.9% |
| 1983 | 0.5155 BoP, current US$ per US$ of GDP | -5.5% |
| 1984 | 0.643 BoP, current US$ per US$ of GDP | +24.7% |
| 1985 | 0.6428 BoP, current US$ per US$ of GDP | -0.0% |
| 1986 | 0.6504 BoP, current US$ per US$ of GDP | +1.2% |
| 1987 | 0.6241 BoP, current US$ per US$ of GDP | -4.1% |
| 1988 | 0.5999 BoP, current US$ per US$ of GDP | -3.9% |
| 1989 | 0.5529 BoP, current US$ per US$ of GDP | -7.8% |
| 1990 | 0.4201 BoP, current US$ per US$ of GDP | -24.0% |
| 1991 | 0.2119 BoP, current US$ per US$ of GDP | -49.6% |
| 1992 | 0.3394 BoP, current US$ per US$ of GDP | +60.1% |
| 1993 | 0.5258 BoP, current US$ per US$ of GDP | +54.9% |
| 1994 | 0.4586 BoP, current US$ per US$ of GDP | -12.8% |
| 1995 | 0.3588 BoP, current US$ per US$ of GDP | -21.7% |
| 1996 | 0.4254 BoP, current US$ per US$ of GDP | +18.6% |
| 1997 | 0.5022 BoP, current US$ per US$ of GDP | +18.1% |
| 1998 | 0.5975 BoP, current US$ per US$ of GDP | +19.0% |
| 1999 | 0.6169 BoP, current US$ per US$ of GDP | +3.2% |
| 2000 | 0.6782 BoP, current US$ per US$ of GDP | +9.9% |
| 2001 | 0.6536 BoP, current US$ per US$ of GDP | -3.6% |
| 2002 | 0.6779 BoP, current US$ per US$ of GDP | +3.7% |
| 2003 | 0.6795 BoP, current US$ per US$ of GDP | +0.2% |
| 2004 | 0.7056 BoP, current US$ per US$ of GDP | +3.9% |
| 2005 | 0.6207 BoP, current US$ per US$ of GDP | -12.0% |
| 2006 | 0.5349 BoP, current US$ per US$ of GDP | -13.8% |
| 2007 | 0.5826 BoP, current US$ per US$ of GDP | +8.9% |
| 2008 | 0.6698 BoP, current US$ per US$ of GDP | +15.0% |
| 2009 | 0.5739 BoP, current US$ per US$ of GDP | -14.3% |
| 2010 | 0.5381 BoP, current US$ per US$ of GDP | -6.2% |
| 2011 | 0.7776 BoP, current US$ per US$ of GDP | +44.5% |
| 2012 | 0.7246 BoP, current US$ per US$ of GDP | -6.8% |
| 2013 | 0.6673 BoP, current US$ per US$ of GDP | -7.9% |
| 2014 | 0.588 BoP, current US$ per US$ of GDP | -11.9% |
| 2015 | 0.4551 BoP, current US$ per US$ of GDP | -22.6% |
| 2016 | 0.5013 BoP, current US$ per US$ of GDP | +10.2% |
| 2017 | 0.5682 BoP, current US$ per US$ of GDP | +13.3% |
| 2018 | 0.6433 BoP, current US$ per US$ of GDP | +13.2% |
| 2019 | 0.6511 BoP, current US$ per US$ of GDP | +1.2% |
| 2020 | 0.5514 BoP, current US$ per US$ of GDP | -15.3% |
| 2021 | 0.6055 BoP, current US$ per US$ of GDP | +9.8% |
| 2022 | 0.7064 BoP, current US$ per US$ of GDP | +16.7% |
| 2023 | 0.6664 BoP, current US$ per US$ of GDP | -5.7% |
| 2024 | 0.6972 BoP, current US$ per US$ of GDP | +4.6% |
Mongolia compared with similar countries
- Mongolia's 0.6972 BoP, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.5329 BoP, current US$ per US$ of GDP, 1.3× the median. (57 countries reporting)
- Mongolia's 0.6972 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.6017 BoP, current US$ per US$ of GDP, 1.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.5916 BoP, current US$ per US$ of GDP | 0.5155 BoP, current US$ per US$ of GDP | 0.6504 BoP, current US$ per US$ of GDP | 9 |
| 1990s | 0.4457 BoP, current US$ per US$ of GDP | 0.2119 BoP, current US$ per US$ of GDP | 0.6169 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.6377 BoP, current US$ per US$ of GDP | 0.5349 BoP, current US$ per US$ of GDP | 0.7056 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.6115 BoP, current US$ per US$ of GDP | 0.4551 BoP, current US$ per US$ of GDP | 0.7776 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.6454 BoP, current US$ per US$ of GDP | 0.5514 BoP, current US$ per US$ of GDP | 0.7064 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Mongolia
- 36 Grenada 0.7109 BoP, current US$ per US$ of GDP compare
- 37 Eritrea 0.7075 BoP, current US$ per US$ of GDP compare
- 38 Bahrain 0.6999 BoP, current US$ per US$ of GDP compare
- 40 East Timor 0.6919 BoP, current US$ per US$ of GDP compare
- 41 Switzerland 0.6919 BoP, current US$ per US$ of GDP compare
- 42 Lithuania 0.6913 BoP, current US$ per US$ of GDP 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$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services (bop, current us$), per unit of gdp in Mongolia?
- Imports of goods and services (bop, current us$), per unit of gdp in Mongolia was 0.6972 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per unit of gdp recorded in Mongolia?
- The highest recorded value was 0.7776 BoP, current US$ per US$ of GDP in 2011.
- What is the lowest imports of goods and services (bop, current us$), per unit of gdp recorded in Mongolia?
- The lowest recorded value was 0.2119 BoP, current US$ per US$ of GDP in 1991.
- How does Mongolia rank for imports of goods and services (bop, current us$), per unit of gdp?
- Mongolia ranks 39th out of 199 countries with data for 2024.
- Is imports of goods and services (bop, current us$), per unit of gdp rising or falling in Mongolia?
- Over the last ten years it is up 18.6%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.