Trade (% of GDP) in Mongolia
Mongolia: Trade (% of GDP) was 130.7% in 2025. ▲ Rising
Trade in Mongolia, 1981–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Mongolia recorded 130.7% for trade in 2025.
Compared with earlier readings it is down 5.6% on the previous year and up 45.8% over ten years.
Over the whole period, trade in Mongolia peaked at 142.9% in 2023 and was at its lowest, 58.6%, in 1990.
That places Mongolia 37th out of 193 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Trade (% of GDP) in Mongolia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1981 | 94.9% | — |
| 1982 | 90.7% | -4.4% |
| 1983 | 89.0% | -1.9% |
| 1984 | 94.3% | +5.9% |
| 1985 | 94.9% | +0.7% |
| 1986 | 111.6% | +17.5% |
| 1987 | 103.1% | -7.6% |
| 1988 | 94.5% | -8.3% |
| 1989 | 76.4% | -19.2% |
| 1990 | 58.6% | -23.2% |
| 1991 | 136.6% | +133.0% |
| 1992 | 65.3% | -52.2% |
| 1993 | 129.7% | +98.7% |
| 1994 | 99.2% | -23.6% |
| 1995 | 82.1% | -17.2% |
| 1996 | 78.0% | -5.0% |
| 1997 | 100.0% | +28.2% |
| 1998 | 107.4% | +7.4% |
| 1999 | 112.2% | +4.6% |
| 2000 | 121.9% | +8.6% |
| 2001 | 115.8% | -5.0% |
| 2002 | 118.5% | +2.3% |
| 2003 | 120.3% | +1.5% |
| 2004 | 131.3% | +9.2% |
| 2005 | 122.4% | -6.8% |
| 2006 | 112.9% | -7.7% |
| 2007 | 117.9% | +4.4% |
| 2008 | 121.2% | +2.8% |
| 2009 | 107.8% | -11.0% |
| 2010 | 103.3% | -4.1% |
| 2011 | 127.0% | +22.9% |
| 2012 | 109.6% | -13.7% |
| 2013 | 100.3% | -8.5% |
| 2014 | 109.3% | +9.0% |
| 2015 | 89.7% | -18.0% |
| 2016 | 101.1% | +12.7% |
| 2017 | 115.9% | +14.7% |
| 2018 | 126.4% | +9.0% |
| 2019 | 124.4% | -1.6% |
| 2020 | 112.8% | -9.3% |
| 2021 | 119.1% | +5.5% |
| 2022 | 136.3% | +14.5% |
| 2023 | 142.9% | +4.8% |
| 2024 | 138.4% | -3.1% |
| 2025 | 130.7% | -5.6% |
Mongolia compared with similar countries
- Mongolia's 130.7% is above the median for upper middle income countries, which is 79.9%, 1.6× the median. (53 countries reporting)
- Mongolia's 130.7% is above the median for East Asia & Pacific, which is 98.8%, 1.3× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Trade (% of GDP) in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +133.0% | 58.6% | 136.6% |
| 1993 | +98.7% | 65.3% | 129.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 94.4% | 76.4% | 111.6% | 9 |
| 1990s | 96.9% | 58.6% | 136.6% | 10 |
| 2000s | 119.0% | 107.8% | 131.3% | 10 |
| 2010s | 110.7% | 89.7% | 127.0% | 10 |
| 2020s | 130.0% | 112.8% | 142.9% | 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 trade in Mongolia?
- Trade in Mongolia was 130.7% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Mongolia?
- The highest recorded value was 142.9% in 2023.
- What is the lowest trade recorded in Mongolia?
- The lowest recorded value was 58.6% in 1990.
- How does Mongolia rank for trade?
- Mongolia ranks 37th out of 193 countries with data for 2025.
- Is trade 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Trade is the sum of exports and imports of goods and services. 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.