Trade as share of gdp in Mongolia

Mongolia: Trade as share of gdp was 130.71 in 2025. ▲ Rising

Latest (2025)
130.71
Change on year
down 5.6%
World rank
37th
of 191 countries
All-time high
142.86
in 2023
All-time low
58.62
in 1990
Years of data
45
1981–2025

Trade as share of gdp in Mongolia, 1981–2025

0501001501981200320251981: 94.91982: 90.71983: 891984: 94.31985: 94.91986: 111.61987: 103.11988: 94.51989: 76.41990: 58.61991: 136.61992: 65.31993: 129.71994: 99.21995: 82.11996: 781997: 1001998: 107.41999: 112.22000: 121.92001: 115.82002: 118.52003: 120.32004: 131.32005: 122.42006: 112.92007: 117.92008: 121.22009: 107.82010: 103.32011: 1272012: 109.62013: 100.32014: 109.32015: 89.72016: 101.12017: 115.92018: 126.42019: 124.42020: 112.82021: 119.12022: 136.32023: 142.92024: 138.42025: 130.7

Source: Our World in Data.

Analysis

The most recent figure for trade as share of gdp in Mongolia is 130.71, measured in 2025.

The figure is down 5.6% on the previous year and up 45.8% over ten years.

Over the whole period, trade as share of gdp in Mongolia peaked at 142.86 in 2023 and was at its lowest, 58.62, in 1990.

Mongolia ranks 37th of 191 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 45 years of available data.

Trade as share of gdp in Mongolia, year by year

Annual values for Trade as share of gdp in Mongolia, 1981 to 2025.
Year Value Change
1981 94.9
1982 90.72 -4.4%
1983 89.03 -1.9%
1984 94.25 +5.9%
1985 94.94 +0.7%
1986 111.57 +17.5%
1987 103.07 -7.6%
1988 94.47 -8.3%
1989 76.36 -19.2%
1990 58.62 -23.2%
1991 136.6 +133.0%
1992 65.3 -52.2%
1993 129.74 +98.7%
1994 99.16 -23.6%
1995 82.1 -17.2%
1996 77.97 -5.0%
1997 99.99 +28.2%
1998 107.35 +7.4%
1999 112.24 +4.6%
2000 121.89 +8.6%
2001 115.82 -5.0%
2002 118.52 +2.3%
2003 120.3 +1.5%
2004 131.33 +9.2%
2005 122.38 -6.8%
2006 112.93 -7.7%
2007 117.88 +4.4%
2008 121.2 +2.8%
2009 107.81 -11.0%
2010 103.35 -4.1%
2011 127 +22.9%
2012 109.59 -13.7%
2013 100.31 -8.5%
2014 109.32 +9.0%
2015 89.65 -18.0%
2016 101.06 +12.7%
2017 115.93 +14.7%
2018 126.36 +9.0%
2019 124.4 -1.6%
2020 112.84 -9.3%
2021 119.1 +5.5%
2022 136.33 +14.5%
2023 142.86 +4.8%
2024 138.45 -3.1%
2025 130.71 -5.6%

Averages by decade

DecadeAverage LowestHighest Years
1980s 94.37 76.36 111.57 9
1990s 96.91 58.62 136.6 10
2000s 119.01 107.81 131.33 10
2010s 110.7 89.65 127 10
2020s 130.05 112.84 142.86 6

Countries ranked near Mongolia

  1. 34 Cambodia 136.09 compare
  2. 35 North Macedonia 133.04 compare
  3. 36 Papua New Guinea 131.08 compare
  4. 38 Latvia 129.72 compare
  5. 39 Denmark 129.22 compare
  6. 40 Somalia 128.06 compare

See the full ranking of 191 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is trade as share of gdp in Mongolia?
Trade as share of gdp in Mongolia was 130.71 in 2025, according to Our World in Data.
What is the highest trade as share of gdp recorded in Mongolia?
The highest recorded value was 142.86 in 2023.
What is the lowest trade as share of gdp recorded in Mongolia?
The lowest recorded value was 58.62 in 1990.
How does Mongolia rank for trade as share of gdp?
Mongolia ranks 37th out of 191 countries with data for 2025.
Is trade as share of gdp rising or falling in Mongolia?
Over the last ten years it is up 45.8%. The long-run trend across the full record is rising.
Where does this Mongolia data come from?
The figures come from Our World in Data, published as part of Trade as share of gdp. Statizoid updates them automatically from the source API.

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Trade as share of gdp in Mongolia. Statizoid, drawing on Our World in Data. Retrieved 23 August 2026, from https://economy.statizoid.com/stat/trade-as-share-of-gdp/mongolia/

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About this data

Indicator
Trade as share of gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed