Services, value added (current LCU), annual growth rate in Mongolia
Mongolia: Services, value added (current LCU), annual growth rate was 11.5 % change on previous year in 2025. ◆ Volatile
Services, value added (current LCU), annual growth rate in Mongolia, 1991–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Mongolia recorded 11.5 % change on previous year for services, value added (current lcu), annual growth rate in 2025.
Compared with earlier readings it is down 51.5% on the previous year and up 204.4% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in Mongolia peaked at 339.51 % change on previous year in 1993 and was at its lowest, 0.8479 % change on previous year, in 2020.
That places Mongolia 48th out of 204 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current LCU), annual growth rate in Mongolia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 79.18 % change on previous year | — |
| 1992 | 90.49 % change on previous year | +14.3% |
| 1993 | 339.51 % change on previous year | +275.2% |
| 1994 | 60.4 % change on previous year | -82.2% |
| 1995 | 43.04 % change on previous year | -28.7% |
| 1996 | 22.72 % change on previous year | -47.2% |
| 1997 | 27.67 % change on previous year | +21.8% |
| 1998 | 18.12 % change on previous year | -34.5% |
| 1999 | 13.67 % change on previous year | -24.6% |
| 2000 | 19.45 % change on previous year | +42.3% |
| 2001 | 22.58 % change on previous year | +16.1% |
| 2002 | 22.84 % change on previous year | +1.2% |
| 2003 | 14.31 % change on previous year | -37.3% |
| 2004 | 15.03 % change on previous year | +5.0% |
| 2005 | 19.91 % change on previous year | +32.5% |
| 2006 | 18.8 % change on previous year | -5.6% |
| 2007 | 24.21 % change on previous year | +28.8% |
| 2008 | 54.71 % change on previous year | +126.0% |
| 2009 | 9.23 % change on previous year | -83.1% |
| 2010 | 54.01 % change on previous year | +485.4% |
| 2011 | 37.87 % change on previous year | -29.9% |
| 2012 | 29.65 % change on previous year | -21.7% |
| 2013 | 9.65 % change on previous year | -67.5% |
| 2014 | 18.79 % change on previous year | +94.8% |
| 2015 | 3.78 % change on previous year | -79.9% |
| 2016 | 3.86 % change on previous year | +2.3% |
| 2017 | 8.12 % change on previous year | +110.1% |
| 2018 | 9.24 % change on previous year | +13.9% |
| 2019 | 15.97 % change on previous year | +72.7% |
| 2020 | 0.8479 % change on previous year | -94.7% |
| 2021 | 13.86 % change on previous year | +1535.2% |
| 2022 | 27.79 % change on previous year | +100.5% |
| 2023 | 31.02 % change on previous year | +11.6% |
| 2024 | 23.71 % change on previous year | -23.6% |
| 2025 | 11.5 % change on previous year | -51.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 77.2 % change on previous year | 13.67 % change on previous year | 339.51 % change on previous year | 9 |
| 2000s | 22.11 % change on previous year | 9.23 % change on previous year | 54.71 % change on previous year | 10 |
| 2010s | 19.09 % change on previous year | 3.78 % change on previous year | 54.01 % change on previous year | 10 |
| 2020s | 18.12 % change on previous year | 0.8479 % change on previous year | 31.02 % change on previous year | 6 |
Countries ranked near Mongolia
- 45 Bangladesh 11.78 % change on previous year compare
- 46 India 11.71 % change on previous year compare
- 47 Guinea-Bissau 11.71 % change on previous year compare
- 49 San Marino 11.34 % change on previous year compare
- 50 Honduras 11 % change on previous year compare
- 51 Djibouti 10.75 % 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)
- Services, value added (current US$), annual growth rate 6.62 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4434 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 3,152 current US$ per person (2025)
- Services, value added (current LCU), per unit of GDP 1,572 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 11.17 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.02 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3362 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 2,390 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added (current lcu), annual growth rate in Mongolia?
- Services, value added (current lcu), annual growth rate in Mongolia was 11.5 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in Mongolia?
- The highest recorded value was 339.51 % change on previous year in 1993.
- What is the lowest services, value added (current lcu), annual growth rate recorded in Mongolia?
- The lowest recorded value was 0.8479 % change on previous year in 2020.
- How does Mongolia rank for services, value added (current lcu), annual growth rate?
- Mongolia ranks 48th out of 204 countries with data for 2025.
- Is services, value added (current lcu), annual growth rate rising or falling in Mongolia?
- Over the last ten years it is up 204.4%. 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 Services, value added (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Services, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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 Services, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.