Machinery and transport equipment in Mongolia
Mongolia: Machinery and transport equipment was 1.2% in 2023. ◆ Volatile
Machinery and transport equipment in Mongolia, 1990–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
In 2023, machinery and transport equipment in Mongolia stood at 1.2%.
That represents a change of up 2.5% on the previous year and down 25.1% over ten years.
Over the whole period, machinery and transport equipment in Mongolia peaked at 2.8% in 1996 and was at its lowest, -1.9%, in 2004.
Mongolia ranks 125th of 149 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Machinery and transport equipment in Mongolia, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1990 | 0.0% | — |
| 1991 | 0.0% | — |
| 1992 | 1.3% | — |
| 1993 | 0.3% | -75.2% |
| 1994 | 0.6% | +97.2% |
| 1995 | 1.1% | +75.9% |
| 1996 | 2.8% | +147.1% |
| 1997 | 0.6% | -77.8% |
| 1998 | 0.3% | -47.7% |
| 1999 | 0.5% | +52.6% |
| 2000 | 0.3% | -29.8% |
| 2001 | 0.3% | -1.3% |
| 2002 | 1.3% | +269.7% |
| 2003 | 1.3% | -0.1% |
| 2004 | -1.9% | -254.8% |
| 2005 | 1.3% | -168.4% |
| 2006 | 1.2% | -8.0% |
| 2007 | 0.6% | -52.3% |
| 2008 | 0.2% | -71.7% |
| 2009 | -0.2% | -207.8% |
| 2010 | 0.3% | -286.5% |
| 2011 | 1.3% | +302.0% |
| 2012 | 1.6% | +18.6% |
| 2013 | 1.6% | +2.3% |
| 2014 | 1.4% | -12.3% |
| 2015 | 0.8% | -44.6% |
| 2016 | 1.0% | +24.1% |
| 2017 | 1.0% | -2.1% |
| 2018 | 0.8% | -12.1% |
| 2019 | 0.9% | +10.6% |
| 2020 | 1.1% | +17.2% |
| 2021 | 1.4% | +27.2% |
| 2022 | 1.2% | -14.6% |
| 2023 | 1.2% | +2.5% |
Mongolia compared with similar countries
- Mongolia's 1.2% is below the median for upper middle income countries, which is 6.8%, 18% of the median. (46 countries reporting)
- Mongolia's 1.2% is below the median for East Asia & Pacific, which is 22.0%, 6% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8% | 0.0% | 2.8% | 10 |
| 2000s | 0.4% | -1.9% | 1.3% | 10 |
| 2010s | 1.1% | 0.3% | 1.6% | 10 |
| 2020s | 1.2% | 1.1% | 1.4% | 4 |
Countries ranked near Mongolia
- 122 Tanzania, United Republic of 1.4% compare
- 123 Kyrgyzstan 1.3% compare
- 124 Zimbabwe 1.3% compare
- 126 Burkina Faso 1.2%
- 127 Guatemala 1.1%
- 128 Nepal 1.0% 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 machinery and transport equipment in Mongolia?
- Machinery and transport equipment in Mongolia was 1.2% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Mongolia?
- The highest recorded value was 2.8% in 1996.
- What is the lowest machinery and transport equipment recorded in Mongolia?
- The lowest recorded value was -1.9% in 2004.
- How does Mongolia rank for machinery and transport equipment?
- Mongolia ranks 125th out of 149 countries with data for 2023.
- Is machinery and transport equipment rising or falling in Mongolia?
- Over the last ten years it is down 25.1%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).