Net trade in goods (BoP, current US$), annual growth rate in Mongolia
Mongolia: Net trade in goods (BoP, current US$), annual growth rate was -32.26 % change on previous year in 2024. ◆ Volatile
Net trade in goods (BoP, current US$), annual growth rate in Mongolia, 1982–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Mongolia recorded -32.26 % change on previous year for net trade in goods (bop, current us$), annual growth rate in 2024.
That represents a change of down 112.0% on the previous year and down 130.2% over ten years.
Over the whole period, net trade in goods (bop, current us$), annual growth rate in Mongolia peaked at 321.71 % change on previous year in 1997 and was at its lowest, -243.48 % change on previous year, in 1996.
That places Mongolia 170th out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods (BoP, current US$), annual growth rate in Mongolia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1982 | -3.9 % change on previous year | — |
| 1983 | 3.41 % change on previous year | -187.3% |
| 1984 | 11.53 % change on previous year | +238.6% |
| 1985 | -12.1 % change on previous year | -204.9% |
| 1986 | -19.07 % change on previous year | +57.6% |
| 1987 | 9.13 % change on previous year | -147.9% |
| 1988 | -0.9835 % change on previous year | -110.8% |
| 1989 | -10.35 % change on previous year | +952.0% |
| 1990 | 48.41 % change on previous year | -567.9% |
| 1991 | 79.65 % change on previous year | +64.6% |
| 1992 | 71.22 % change on previous year | -10.6% |
| 1993 | 173.2 % change on previous year | +143.2% |
| 1994 | 58.22 % change on previous year | -66.4% |
| 1995 | -24.93 % change on previous year | -142.8% |
| 1996 | -243.48 % change on previous year | +876.8% |
| 1997 | 321.71 % change on previous year | -232.1% |
| 1998 | -176.91 % change on previous year | -155.0% |
| 1999 | 8.77 % change on previous year | -105.0% |
| 2000 | -28.43 % change on previous year | -424.3% |
| 2001 | -38.75 % change on previous year | +36.3% |
| 2002 | -55.36 % change on previous year | +42.9% |
| 2003 | 23.56 % change on previous year | -142.6% |
| 2004 | 16.97 % change on previous year | -28.0% |
| 2005 | -0.2791 % change on previous year | -101.6% |
| 2006 | 236.87 % change on previous year | -84979.5% |
| 2007 | -138.49 % change on previous year | -158.5% |
| 2009 | 71.69 % change on previous year | -151.8% |
| 2010 | 3.47 % change on previous year | -95.2% |
| 2012 | -13.51 % change on previous year | -489.4% |
| 2013 | 13.92 % change on previous year | -203.0% |
| 2014 | 106.81 % change on previous year | +667.4% |
| 2015 | 216.58 % change on previous year | +102.8% |
| 2016 | 137.78 % change on previous year | -36.4% |
| 2017 | 11.36 % change on previous year | -91.8% |
| 2018 | -54 % change on previous year | -575.4% |
| 2019 | 69 % change on previous year | -227.8% |
| 2020 | 51.59 % change on previous year | -25.2% |
| 2021 | -21.98 % change on previous year | -142.6% |
| 2022 | -10.01 % change on previous year | -54.5% |
| 2023 | 269.05 % change on previous year | -2787.7% |
| 2024 | -32.26 % change on previous year | -112.0% |
Mongolia compared with similar countries
- Mongolia's -32.26 % change on previous year is below the median for upper middle income countries, which is -9.29 % change on previous year, 3.5× the median. (57 countries reporting)
- Mongolia's -32.26 % change on previous year is below the median for East Asia & Pacific, which is 2.55 % change on previous year. (33 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods (BoP, current US$), annual growth rate in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +84979.5% | -0.2791 % change on previous year | 236.87 % change on previous year |
| 2023 | +2787.7% | -10.01 % change on previous year | 269.05 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -2.79 % change on previous year | -19.07 % change on previous year | 11.53 % change on previous year | 8 |
| 1990s | 31.58 % change on previous year | -243.48 % change on previous year | 321.71 % change on previous year | 10 |
| 2000s | 9.75 % change on previous year | -138.49 % change on previous year | 236.87 % change on previous year | 9 |
| 2010s | 54.6 % change on previous year | -54 % change on previous year | 216.58 % change on previous year | 9 |
| 2020s | 51.28 % change on previous year | -32.26 % change on previous year | 269.05 % change on previous year | 5 |
Countries ranked near Mongolia
- 167 Panama -30.35 % change on previous year compare
- 168 Libya -30.88 % change on previous year compare
- 169 Argentina -31.44 % change on previous year compare
- 171 Pakistan -32.27 % change on previous year compare
- 172 Angola -33.47 % change on previous year compare
- 173 Australia -35.63 % change on previous year compare
More economy & growth data for Mongolia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.08 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.17 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods (bop, current us$), annual growth rate in Mongolia?
- Net trade in goods (bop, current us$), annual growth rate in Mongolia was -32.26 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net trade in goods (bop, current us$), annual growth rate recorded in Mongolia?
- The highest recorded value was 321.71 % change on previous year in 1997.
- What is the lowest net trade in goods (bop, current us$), annual growth rate recorded in Mongolia?
- The lowest recorded value was -243.48 % change on previous year in 1996.
- How does Mongolia rank for net trade in goods (bop, current us$), annual growth rate?
- Mongolia ranks 170th out of 199 countries with data for 2024.
- Is net trade in goods (bop, current us$), annual growth rate rising or falling in Mongolia?
- Over the last ten years it is down 130.2%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Statizoid (derived), published as part of Net trade in goods (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net trade in goods (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net trade in goods Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net trade in goods (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.