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.
Value of imported goods as a share of GDP in Mongolia, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 36.1% | — |
| 1992 | 34.1% | -5.6% |
| 1993 | 49.3% | +44.9% |
| 1994 | 31.6% | -35.8% |
| 1995 | 34.0% | +7.4% |
| 1996 | 38.6% | +13.5% |
| 1997 | 45.5% | +18.1% |
| 1998 | 49.9% | +9.5% |
| 1999 | 48.5% | -2.8% |
| 2000 | 54.0% | +11.5% |
| 2001 | 50.3% | -6.9% |
| 2002 | 50.4% | +0.2% |
| 2003 | 50.9% | +1.0% |
| 2004 | 52.2% | +2.7% |
| 2005 | 48.2% | -7.6% |
| 2006 | 44.1% | -8.6% |
| 2007 | 49.1% | +11.4% |
| 2008 | 57.5% | +17.0% |
| 2009 | 53.0% | -7.8% |
| 2010 | 53.2% | +0.3% |
| 2011 | 66.8% | +25.7% |
| 2012 | 63.6% | -4.8% |
| 2013 | 54.8% | -13.8% |
| 2014 | 48.1% | -12.3% |
Mongolia compared with similar countries
- Mongolia's 48.1% is above the median for upper middle income countries, which is 41.9%, 1.1× the median. (56 countries reporting)
- Mongolia's 48.1% is below the median for East Asia & Pacific, which is 50.8%, 95% of the median. (32 countries reporting)
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
- 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 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.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.