Services, value added (% of GDP) in Mongolia
Mongolia: Services, value added (% of GDP) was 44.3% in 2025. ▲ Rising
Services, value added in Mongolia, 1990–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2025, services, value added in Mongolia stood at 44.3%.
Compared with earlier readings it is down 4.0% over ten years.
Over the whole period, services, value added in Mongolia peaked at 46.9% in 2012 and was at its lowest, 29.3%, in 1995.
Mongolia ranks 175th of 206 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Services, value added (% of GDP) in Mongolia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 43.3% | — |
| 1991 | 44.0% | +1.5% |
| 1992 | 33.7% | -23.3% |
| 1993 | 36.6% | +8.4% |
| 1994 | 34.9% | -4.4% |
| 1995 | 29.3% | -16.1% |
| 1996 | 31.8% | +8.3% |
| 1997 | 32.1% | +1.0% |
| 1998 | 37.4% | +16.6% |
| 1999 | 37.2% | -0.5% |
| 2000 | 39.2% | +5.4% |
| 2001 | 42.3% | +7.8% |
| 2002 | 46.6% | +10.3% |
| 2003 | 45.2% | -3.1% |
| 2004 | 40.2% | -10.9% |
| 2005 | 37.5% | -6.9% |
| 2006 | 33.6% | -10.3% |
| 2007 | 33.9% | +0.9% |
| 2008 | 39.7% | +17.0% |
| 2009 | 43.1% | +8.6% |
| 2010 | 44.8% | +4.0% |
| 2011 | 45.8% | +2.1% |
| 2012 | 46.9% | +2.3% |
| 2013 | 44.7% | -4.6% |
| 2014 | 45.8% | +2.5% |
| 2015 | 46.2% | +0.8% |
| 2016 | 45.9% | -0.6% |
| 2017 | 42.4% | -7.6% |
| 2018 | 39.8% | -6.1% |
| 2019 | 39.7% | -0.1% |
| 2020 | 40.5% | +1.9% |
| 2021 | 39.6% | -2.1% |
| 2022 | 41.0% | +3.4% |
| 2023 | 41.0% | +0.2% |
| 2024 | 44.3% | +8.0% |
| 2025 | 44.3% | +0.0% |
Mongolia compared with similar countries
- Mongolia's 44.3% is below the median for upper middle income countries, which is 58.1%, 76% of the median. (58 countries reporting)
- Mongolia's 44.3% is below the median for East Asia & Pacific, which is 60.2%, 74% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 36.0% | 29.3% | 44.0% | 10 |
| 2000s | 40.1% | 33.6% | 46.6% | 10 |
| 2010s | 44.2% | 39.7% | 46.9% | 10 |
| 2020s | 41.8% | 39.6% | 44.3% | 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)
- SDRs holdings, US dollar, annual growth rate -2.15 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 24.74 units per person (2025)
- SDRs holdings, SDR, annual growth rate -6.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 18.07 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -22.42 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0068 units per US$ of GDP (2025)
Frequently asked questions
- What is services, value added in Mongolia?
- Services, value added in Mongolia was 44.3% 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 46.9% in 2012.
- What is the lowest services, value added recorded in Mongolia?
- The lowest recorded value was 29.3% in 1995.
- How does Mongolia rank for services, value added?
- Mongolia ranks 175th out of 206 countries with data for 2025.
- Is services, value added rising or falling in Mongolia?
- Over the last ten years it is down 4.0%. The long-run trend across the full record is rising.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.