Imports of goods, services and primary income in Mongolia
Mongolia: Imports of goods, services and primary income was 19.82 billion BoP, current US$ in 2024. ◆ Volatile
Imports of goods, services and primary income in Mongolia, 1981–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Mongolia recorded 19.82 billion BoP, current US$ for imports of goods, services and primary income in 2024. That is the highest value across all 44 years on record.
That represents a change of up 22.1% on the previous year and up 141.1% over ten years.
Over the whole period, imports of goods, services and primary income in Mongolia peaked at 19.82 billion BoP, current US$ in 2024 and was at its lowest, 425.05 million BoP, current US$, in 1993.
Mongolia ranks 100th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods, services and primary income in Mongolia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1981 | 1.28 billion BoP, current US$ | — |
| 1982 | 1.41 billion BoP, current US$ | +10.1% |
| 1983 | 1.44 billion BoP, current US$ | +1.7% |
| 1984 | 1.39 billion BoP, current US$ | -3.3% |
| 1985 | 1.45 billion BoP, current US$ | +4.5% |
| 1986 | 1.89 billion BoP, current US$ | +30.0% |
| 1987 | 1.90 billion BoP, current US$ | +0.6% |
| 1988 | 1.96 billion BoP, current US$ | +3.2% |
| 1989 | 2.03 billion BoP, current US$ | +4.0% |
| 1990 | 1.12 billion BoP, current US$ | -44.7% |
| 1991 | 509.05 million BoP, current US$ | -54.7% |
| 1992 | 474.24 million BoP, current US$ | -6.8% |
| 1993 | 425.05 million BoP, current US$ | -10.4% |
| 1994 | 447.16 million BoP, current US$ | +5.2% |
| 1995 | 549.50 million BoP, current US$ | +22.9% |
| 1996 | 599.20 million BoP, current US$ | +9.0% |
| 1997 | 611.22 million BoP, current US$ | +2.0% |
| 1998 | 681.60 million BoP, current US$ | +11.5% |
| 1999 | 658.86 million BoP, current US$ | -3.3% |
| 2000 | 790.52 million BoP, current US$ | +20.0% |
| 2001 | 845.64 million BoP, current US$ | +7.0% |
| 2002 | 965.36 million BoP, current US$ | +14.2% |
| 2003 | 1.11 billion BoP, current US$ | +14.9% |
| 2004 | 1.43 billion BoP, current US$ | +29.2% |
| 2005 | 1.63 billion BoP, current US$ | +13.6% |
| 2006 | 1.89 billion BoP, current US$ | +15.8% |
| 2007 | 2.62 billion BoP, current US$ | +38.8% |
| 2008 | 3.96 billion BoP, current US$ | +51.1% |
| 2009 | 2.85 billion BoP, current US$ | -28.0% |
| 2010 | 4.50 billion BoP, current US$ | +57.7% |
| 2011 | 9.38 billion BoP, current US$ | +108.7% |
| 2012 | 10.13 billion BoP, current US$ | +8.0% |
| 2013 | 9.41 billion BoP, current US$ | -7.1% |
| 2014 | 8.22 billion BoP, current US$ | -12.7% |
| 2015 | 6.32 billion BoP, current US$ | -23.1% |
| 2016 | 6.58 billion BoP, current US$ | +4.2% |
| 2017 | 8.21 billion BoP, current US$ | +24.7% |
| 2018 | 10.13 billion BoP, current US$ | +23.3% |
| 2019 | 11.21 billion BoP, current US$ | +10.7% |
| 2020 | 8.93 billion BoP, current US$ | -20.3% |
| 2021 | 11.78 billion BoP, current US$ | +31.8% |
| 2022 | 14.07 billion BoP, current US$ | +19.5% |
| 2023 | 16.23 billion BoP, current US$ | +15.4% |
| 2024 | 19.82 billion BoP, current US$ | +22.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.64 billion BoP, current US$ | 1.28 billion BoP, current US$ | 2.03 billion BoP, current US$ | 9 |
| 1990s | 608.03 million BoP, current US$ | 425.05 million BoP, current US$ | 1.12 billion BoP, current US$ | 10 |
| 2000s | 1.81 billion BoP, current US$ | 790.52 million BoP, current US$ | 3.96 billion BoP, current US$ | 10 |
| 2010s | 8.41 billion BoP, current US$ | 4.50 billion BoP, current US$ | 11.21 billion BoP, current US$ | 10 |
| 2020s | 14.17 billion BoP, current US$ | 8.93 billion BoP, current US$ | 19.82 billion BoP, current US$ | 5 |
Countries ranked near Mongolia
- 97 Paraguay 22.74 billion BoP, current US$ compare
- 98 Myanmar 21.25 billion BoP, current US$ compare
- 99 Syrian Arab Republic 21.24 billion BoP, current US$ compare
- 101 Mauritius 19.78 billion BoP, current US$ compare
- 102 Tanzania, United Republic of 19.19 billion BoP, current US$ compare
- 103 Bosnia and Herzegovina 19.07 billion 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)
- Exports of goods and services (current LCU), annual growth rate 10.45 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 2,413 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 17.15 million current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 6.19 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4388 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 3,119 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 9.96 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2802 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods, services and primary income in Mongolia?
- Imports of goods, services and primary income in Mongolia was 19.82 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods, services and primary income recorded in Mongolia?
- The highest recorded value was 19.82 billion BoP, current US$ in 2024.
- What is the lowest imports of goods, services and primary income recorded in Mongolia?
- The lowest recorded value was 425.05 million BoP, current US$ in 1993.
- How does Mongolia rank for imports of goods, services and primary income?
- Mongolia ranks 100th out of 200 countries with data for 2024.
- Is imports of goods, services and primary income rising or falling in Mongolia?
- Over the last ten years it is up 141.1%. 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 Imports of goods, services and primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.