Services, value added in Mongolia
Mongolia: Services, value added was 2.0% in 2025. ◆ Volatile
Services, value added in Mongolia, 2011–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2025, services, value added in Mongolia stood at 2.0%.
The figure is down 81.7% on the previous year and up 216.2% over ten years.
Over the whole period, services, value added in Mongolia peaked at 17.8% in 2011 and was at its lowest, -6.5%, in 2020.
Mongolia ranks 140th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Mongolia, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2011 | 17.8% | — |
| 2012 | 10.3% | -42.3% |
| 2013 | 7.8% | -23.6% |
| 2014 | 7.8% | -0.9% |
| 2015 | 0.6% | -91.8% |
| 2016 | 2.7% | +327.0% |
| 2017 | 7.1% | +160.7% |
| 2018 | 5.1% | -28.9% |
| 2019 | 6.4% | +26.0% |
| 2020 | -6.5% | -202.5% |
| 2021 | 3.9% | -160.5% |
| 2022 | 6.9% | +75.8% |
| 2023 | 9.9% | +42.6% |
| 2024 | 11.0% | +11.5% |
| 2025 | 2.0% | -81.7% |
Mongolia compared with similar countries
- Mongolia's 2.0% is below the median for upper middle income countries, which is 3.3%, 61% of the median. (58 countries reporting)
- Mongolia's 2.0% is below the median for East Asia & Pacific, which is 3.4%, 59% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.3% | 0.6% | 17.8% | 9 |
| 2020s | 4.5% | -6.5% | 11.0% | 6 |
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 services, value added in Mongolia?
- Services, value added in Mongolia was 2.0% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Mongolia?
- The highest recorded value was 17.8% in 2011.
- What is the lowest services, value added recorded in Mongolia?
- The lowest recorded value was -6.5% in 2020.
- How does Mongolia rank for services, value added?
- Mongolia ranks 140th out of 198 countries with data for 2025.
- Is services, value added rising or falling in Mongolia?
- Over the last ten years it is up 216.2%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.