Annual GDP growth in Mongolia
Mongolia: Annual GDP growth was 6.8% in 2025. ◆ Volatile
Annual GDP growth in Mongolia, 1980–2025
Source: International Monetary Fund (2026) – with minor processing by Our World in Data. Measured in %.
Analysis
The most recent figure for annual gdp growth in Mongolia is 6.8%, measured in 2025.
That represents a change of up 33.6% on the previous year and up 184.0% over ten years.
Over the whole period, annual gdp growth in Mongolia peaked at 17.3% in 2011 and was at its lowest, -9.3%, in 1992.
Mongolia ranks 20th of 196 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Mongolia, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 6.4% | — |
| 1981 | 8.4% | +30.0% |
| 1982 | 8.3% | -0.5% |
| 1983 | 5.8% | -30.5% |
| 1984 | 5.9% | +2.1% |
| 1985 | 5.7% | -4.0% |
| 1986 | 9.4% | +66.0% |
| 1987 | 3.5% | -62.4% |
| 1988 | 5.1% | +45.3% |
| 1989 | 4.2% | -18.7% |
| 1990 | -2.5% | -159.4% |
| 1991 | -9.2% | +270.0% |
| 1992 | -9.3% | +0.6% |
| 1993 | -3.2% | -65.8% |
| 1994 | 2.1% | -167.3% |
| 1995 | 6.4% | +198.8% |
| 1996 | 2.2% | -64.9% |
| 1997 | 3.9% | +74.4% |
| 1998 | 3.3% | -14.3% |
| 1999 | 3.1% | -8.1% |
| 2000 | 1.1% | -62.7% |
| 2001 | 4.6% | +304.8% |
| 2002 | 5.3% | +13.5% |
| 2003 | 7.4% | +39.7% |
| 2004 | 9.4% | +28.1% |
| 2005 | 6.5% | -31.0% |
| 2006 | 8.2% | +25.4% |
| 2007 | 8.8% | +7.3% |
| 2008 | 7.8% | -10.7% |
| 2009 | -2.1% | -126.5% |
| 2010 | 7.3% | -453.5% |
| 2011 | 17.3% | +136.4% |
| 2012 | 12.3% | -28.7% |
| 2013 | 11.6% | -5.4% |
| 2014 | 7.9% | -32.3% |
| 2015 | 2.4% | -69.4% |
| 2016 | 1.5% | -38.2% |
| 2017 | 5.6% | +278.3% |
| 2018 | 7.7% | +37.4% |
| 2019 | 5.6% | -27.7% |
| 2020 | -4.6% | -181.4% |
| 2021 | 1.6% | -135.9% |
| 2022 | 5.0% | +207.5% |
| 2023 | 7.4% | +47.5% |
| 2024 | 5.1% | -31.0% |
| 2025 | 6.8% | +33.6% |
Mongolia compared with similar countries
- Mongolia's 6.8% is above the median for upper middle income countries, which is 3.5%, 2.0× the median. (57 countries reporting)
- Mongolia's 6.8% is above the median for East Asia & Pacific, which is 4.1%, 1.7× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth 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 |
|---|---|---|---|
| 2010 | +453.5% | -2.1% | 7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.3% | 3.5% | 9.4% | 10 |
| 1990s | -0.3% | -9.3% | 6.4% | 10 |
| 2000s | 5.7% | -2.1% | 9.4% | 10 |
| 2010s | 7.9% | 1.5% | 17.3% | 10 |
| 2020s | 3.6% | -4.6% | 7.4% | 6 |
Countries ranked near Mongolia
- 18 Armenia 7.2% compare
- 19 Djibouti 7.0% compare
- 21 Uzbekistan 6.7% compare
- 22 Mauritania 6.3% compare
- 23 Togo 6.2% 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 annual gdp growth in Mongolia?
- Annual gdp growth in Mongolia was 6.8% in 2025, according to International Monetary Fund (2026) – with minor processing by Our World in Data.
- What is the highest annual gdp growth recorded in Mongolia?
- The highest recorded value was 17.3% in 2011.
- What is the lowest annual gdp growth recorded in Mongolia?
- The lowest recorded value was -9.3% in 1992.
- How does Mongolia rank for annual gdp growth?
- Mongolia ranks 20th out of 196 countries with data for 2025.
- Is annual gdp growth rising or falling in Mongolia?
- Over the last ten years it is up 184.0%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Monetary Fund (2026) – with minor processing by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual percent change in gross domestic product. This data is adjusted for inflation.