Value of imported goods as a share of GDP in Mongolia
Mongolia: Value of imported goods as a share of GDP was 48.1% in 2014. ▲ Rising
Value of imported goods as a share of GDP in Mongolia, 1990–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for value of imported goods as a share of gdp in Mongolia is 48.1%, measured in 2014.
Compared with earlier readings it is down 12.3% on the previous year and down 7.9% over ten years.
Over the whole period, value of imported goods as a share of gdp in Mongolia peaked at 66.8% in 2011 and was at its lowest, 31.6%, in 1994.
That places Mongolia 72nd out of 193 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 40.8% | 31.6% | 49.9% | 9 |
| 2000s | 51.0% | 44.1% | 57.5% | 10 |
| 2010s | 57.3% | 48.1% | 66.8% | 5 |
Countries ranked near Mongolia
- 69 Botswana 48.8% compare
- 70 Bosnia and Herzegovina 48.3% compare
- 71 Barbados 48.2% compare
- 73 Libya 46.5% compare
- 74 Solomon Islands 45.6% compare
- 75 Cape Verde 45.1% compare
More economy & growth data for Mongolia
- External balance on goods and services as a percent of GDP 5.4% (2025)
- Inflation of consumer prices 8.6% (2025)
- GDP per capita 4,882 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 5.9% (2025)
- Gross domestic product (GDP) 17.42 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,882 constant 2015 US$ (2025)
- DEC alternative conversion factor 3,545 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.26 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 355.63 million current US$ (2025)
- Taxes less subsidies on products 8.52 trillion current LCU (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 48.1% in 2014, according to Fouquin and Hugot (2016) – processed 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 66.8% in 2011.
- What is the lowest value of imported goods as a share of gdp recorded in Mongolia?
- The lowest recorded value was 31.6% in 1994.
- How does Mongolia rank for value of imported goods as a share of gdp?
- Mongolia ranks 72nd out of 193 countries with data for 2014.
- Is value of imported goods as a share of gdp rising or falling in Mongolia?
- Over the last ten years it is down 7.9%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from Fouquin and Hugot (2016) – processed 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
Estimates correspond to merchandise import-to-GDP ratios for countries and regions. All ratios are taken at current prices. See source for more details.