Service exports (BoP, current US$), per unit of GDP in Mongolia
Mongolia: Service exports (BoP, current US$), per unit of GDP was 0.0674 BoP, current US$ per US$ of GDP in 2024. ◆ Volatile
Service exports (BoP, current US$), per unit of GDP in Mongolia, 1981–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for service exports (bop, current us$), per unit of gdp in Mongolia is 0.0674 BoP, current US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is down 13.6% on the previous year and up 35.8% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Mongolia peaked at 0.1698 BoP, current US$ per US$ of GDP in 2004 and was at its lowest, 0.0102 BoP, current US$ per US$ of GDP, in 1989.
That places Mongolia 124th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), per unit of GDP in Mongolia, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1981 | 0.0161 BoP, current US$ per US$ of GDP | — |
| 1982 | 0.019 BoP, current US$ per US$ of GDP | +17.7% |
| 1983 | 0.0203 BoP, current US$ per US$ of GDP | +6.8% |
| 1984 | 0.0251 BoP, current US$ per US$ of GDP | +23.5% |
| 1985 | 0.0321 BoP, current US$ per US$ of GDP | +27.9% |
| 1986 | 0.0291 BoP, current US$ per US$ of GDP | -9.3% |
| 1987 | 0.0295 BoP, current US$ per US$ of GDP | +1.3% |
| 1988 | 0.0294 BoP, current US$ per US$ of GDP | -0.1% |
| 1989 | 0.0102 BoP, current US$ per US$ of GDP | -65.4% |
| 1990 | 0.0188 BoP, current US$ per US$ of GDP | +84.6% |
| 1991 | 0.0111 BoP, current US$ per US$ of GDP | -40.7% |
| 1992 | 0.0264 BoP, current US$ per US$ of GDP | +137.1% |
| 1993 | 0.0338 BoP, current US$ per US$ of GDP | +28.1% |
| 1994 | 0.049 BoP, current US$ per US$ of GDP | +44.9% |
| 1995 | 0.0395 BoP, current US$ per US$ of GDP | -19.5% |
| 1996 | 0.0414 BoP, current US$ per US$ of GDP | +4.9% |
| 1997 | 0.0446 BoP, current US$ per US$ of GDP | +7.8% |
| 1998 | 0.0693 BoP, current US$ per US$ of GDP | +55.2% |
| 1999 | 0.0671 BoP, current US$ per US$ of GDP | -3.1% |
| 2000 | 0.0682 BoP, current US$ per US$ of GDP | +1.5% |
| 2001 | 0.0895 BoP, current US$ per US$ of GDP | +31.3% |
| 2002 | 0.1321 BoP, current US$ per US$ of GDP | +47.6% |
| 2003 | 0.1303 BoP, current US$ per US$ of GDP | -1.4% |
| 2004 | 0.1698 BoP, current US$ per US$ of GDP | +30.3% |
| 2005 | 0.1642 BoP, current US$ per US$ of GDP | -3.3% |
| 2006 | 0.1423 BoP, current US$ per US$ of GDP | -13.4% |
| 2007 | 0.1355 BoP, current US$ per US$ of GDP | -4.8% |
| 2008 | 0.0924 BoP, current US$ per US$ of GDP | -31.8% |
| 2009 | 0.0911 BoP, current US$ per US$ of GDP | -1.4% |
| 2010 | 0.0676 BoP, current US$ per US$ of GDP | -25.8% |
| 2011 | 0.05 BoP, current US$ per US$ of GDP | -25.9% |
| 2012 | 0.053 BoP, current US$ per US$ of GDP | +5.9% |
| 2013 | 0.0547 BoP, current US$ per US$ of GDP | +3.3% |
| 2014 | 0.0496 BoP, current US$ per US$ of GDP | -9.3% |
| 2015 | 0.0593 BoP, current US$ per US$ of GDP | +19.4% |
| 2016 | 0.0716 BoP, current US$ per US$ of GDP | +20.8% |
| 2017 | 0.0842 BoP, current US$ per US$ of GDP | +17.5% |
| 2018 | 0.0878 BoP, current US$ per US$ of GDP | +4.3% |
| 2019 | 0.0868 BoP, current US$ per US$ of GDP | -1.2% |
| 2020 | 0.0492 BoP, current US$ per US$ of GDP | -43.3% |
| 2021 | 0.0533 BoP, current US$ per US$ of GDP | +8.3% |
| 2022 | 0.0662 BoP, current US$ per US$ of GDP | +24.2% |
| 2023 | 0.0781 BoP, current US$ per US$ of GDP | +17.9% |
| 2024 | 0.0674 BoP, current US$ per US$ of GDP | -13.6% |
Mongolia compared with similar countries
- Mongolia's 0.0674 BoP, current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.1133 BoP, current US$ per US$ of GDP, 60% of the median. (57 countries reporting)
- Mongolia's 0.0674 BoP, current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.089 BoP, current US$ per US$ of GDP, 76% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0234 BoP, current US$ per US$ of GDP | 0.0102 BoP, current US$ per US$ of GDP | 0.0321 BoP, current US$ per US$ of GDP | 9 |
| 1990s | 0.0401 BoP, current US$ per US$ of GDP | 0.0111 BoP, current US$ per US$ of GDP | 0.0693 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.1215 BoP, current US$ per US$ of GDP | 0.0682 BoP, current US$ per US$ of GDP | 0.1698 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0665 BoP, current US$ per US$ of GDP | 0.0496 BoP, current US$ per US$ of GDP | 0.0878 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0628 BoP, current US$ per US$ of GDP | 0.0492 BoP, current US$ per US$ of GDP | 0.0781 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Mongolia
- 121 Sri Lanka 0.0694 BoP, current US$ per US$ of GDP compare
- 122 Togo 0.0687 BoP, current US$ per US$ of GDP compare
- 123 Vanuatu 0.0681 BoP, current US$ per US$ of GDP compare
- 125 Kenya 0.0668 BoP, current US$ per US$ of GDP compare
- 126 Italy 0.066 BoP, current US$ per US$ of GDP compare
- 127 Nicaragua 0.0659 BoP, current US$ per US$ of GDP 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$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is service exports (bop, current us$), per unit of gdp in Mongolia?
- Service exports (bop, current us$), per unit of gdp in Mongolia was 0.0674 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Mongolia?
- The highest recorded value was 0.1698 BoP, current US$ per US$ of GDP in 2004.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Mongolia?
- The lowest recorded value was 0.0102 BoP, current US$ per US$ of GDP in 1989.
- How does Mongolia rank for service exports (bop, current us$), per unit of gdp?
- Mongolia ranks 124th out of 199 countries with data for 2024.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Mongolia?
- Over the last ten years it is up 35.8%. 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 Service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.