Value of imported goods as a share of GDP in Mongolia
Mongolia: Value of imported goods as a share of GDP was 48.8% in 2024. ◆ Volatile
Value of imported goods as a share of GDP in Mongolia, 1981–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, value of imported goods as a share of gdp in Mongolia stood at 48.8%.
Compared with earlier readings it is up 7.1% on the previous year and up 13.7% over ten years.
Over the whole period, value of imported goods as a share of gdp in Mongolia peaked at 63.5% in 2011 and was at its lowest, 1.0%, in 1983.
Mongolia ranks 49th of 201 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value of imported goods as a share of GDP in Mongolia, year by year
| Year | % | Change |
|---|---|---|
| 1981 | 1.2% | — |
| 1982 | 1.4% | +17.8% |
| 1983 | 1.0% | -23.9% |
| 1984 | 1.8% | +68.1% |
| 1985 | 4.1% | +133.2% |
| 1986 | 2.9% | -28.6% |
| 1987 | 3.4% | +15.1% |
| 1988 | 3.3% | -1.1% |
| 1989 | 3.2% | -3.3% |
| 1990 | 5.6% | +73.7% |
| 1991 | 6.8% | +20.9% |
| 1992 | 31.7% | +366.6% |
| 1993 | 48.8% | +54.0% |
| 1994 | 27.8% | -43.0% |
| 1995 | 28.5% | +2.6% |
| 1996 | 33.3% | +16.8% |
| 1997 | 39.6% | +19.0% |
| 1998 | 44.8% | +12.9% |
| 1999 | 48.5% | +8.4% |
| 2000 | 54.0% | +11.5% |
| 2001 | 50.3% | -7.0% |
| 2002 | 46.3% | -7.9% |
| 2003 | 50.2% | +8.4% |
| 2004 | 50.8% | +1.1% |
| 2005 | 46.0% | -9.4% |
| 2006 | 42.1% | -8.4% |
| 2007 | 48.7% | +15.7% |
| 2008 | 57.8% | +18.7% |
| 2009 | 46.7% | -19.2% |
| 2010 | 44.6% | -4.6% |
| 2011 | 63.5% | +42.4% |
| 2012 | 54.9% | -13.5% |
| 2013 | 50.6% | -7.8% |
| 2014 | 42.9% | -15.2% |
| 2015 | 32.8% | -23.7% |
| 2016 | 29.9% | -8.6% |
| 2017 | 37.8% | +26.2% |
| 2018 | 44.6% | +18.1% |
| 2019 | 43.1% | -3.2% |
| 2020 | 39.8% | -7.7% |
| 2021 | 44.8% | +12.5% |
| 2022 | 50.9% | +13.6% |
| 2023 | 45.6% | -10.4% |
| 2024 | 48.8% | +7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.5% | 1.0% | 4.1% | 9 |
| 1990s | 31.5% | 5.6% | 48.8% | 10 |
| 2000s | 49.3% | 42.1% | 57.8% | 10 |
| 2010s | 44.5% | 29.9% | 63.5% | 10 |
| 2020s | 46.0% | 39.8% | 50.9% | 5 |
Countries ranked near Mongolia
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)
- Gross capital formation (current US$), annual growth rate -5.78 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.3141 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 2,233 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -1.46 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 1,114 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 7.92 million current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -7.24 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.291 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is value of imported goods as a share of gdp in Mongolia?
- Value of imported goods as a share of gdp in Mongolia was 48.8% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Mongolia?
- The highest recorded value was 63.5% in 2011.
- What is the lowest value of imported goods as a share of gdp recorded in Mongolia?
- The lowest recorded value was 1.0% in 1983.
- How does Mongolia rank for value of imported goods as a share of gdp?
- Mongolia ranks 49th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Mongolia?
- Over the last ten years it is up 13.7%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).