Share of products from least-developed countries that have no tariff in Mongolia
Mongolia: Share of products from least-developed countries that have no tariff was 45.5% in 2024. ▼ Falling
Share of products from least-developed countries that have no tariff in Mongolia, 2005–2024
Source: UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data. Measured in %.
Analysis
In 2024, share of products from least-developed countries that have no tariff in Mongolia stood at 45.5%.
That represents a change of up 4.0% on the previous year and down 9.4% over ten years.
Over the whole period, share of products from least-developed countries that have no tariff in Mongolia peaked at 50.2% in 2015 and was at its lowest, 42.3%, in 2019.
That places Mongolia 197th out of 230 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Share of products from least-developed countries that have no tariff in Mongolia, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 49.8% | — |
| 2010 | 45.6% | -8.3% |
| 2015 | 50.2% | +9.9% |
| 2016 | 45.9% | -8.6% |
| 2017 | 45.3% | -1.3% |
| 2018 | 44.2% | -2.4% |
| 2019 | 42.3% | -4.3% |
| 2020 | 43.5% | +3.0% |
| 2021 | 44.8% | +3.0% |
| 2022 | 46.2% | +3.0% |
| 2023 | 43.7% | -5.3% |
| 2024 | 45.5% | +4.0% |
Mongolia compared with similar countries
- Mongolia's 45.5% is below the median for upper middle income countries, which is 65.5%, 69% of the median. (58 countries reporting)
- Mongolia's 45.5% is below the median for East Asia & Pacific, which is 62.5%, 73% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49.8% | 49.8% | 49.8% | 1 |
| 2010s | 45.6% | 42.3% | 50.2% | 6 |
| 2020s | 44.7% | 43.5% | 46.2% | 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)
- 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 share of products from least-developed countries that have no tariff in Mongolia?
- Share of products from least-developed countries that have no tariff in Mongolia was 45.5% in 2024, according to UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data.
- What is the highest share of products from least-developed countries that have no tariff recorded in Mongolia?
- The highest recorded value was 50.2% in 2015.
- What is the lowest share of products from least-developed countries that have no tariff recorded in Mongolia?
- The lowest recorded value was 42.3% in 2019.
- How does Mongolia rank for share of products from least-developed countries that have no tariff?
- Mongolia ranks 197th out of 230 countries with data for 2024.
- Is share of products from least-developed countries that have no tariff rising or falling in Mongolia?
- Over the last ten years it is down 9.4%. The long-run trend across the full record is falling.
- Where does this Mongolia data come from?
- The figures come from UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data, published as part of Share of products from least-developed countries that have no tariff. Statizoid updates them automatically from the source API.
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About this data
Proportion of tariff lines applied to imports with zero-tariff (%).