Value Added (Total Manufacturing) — Value Standard Local Currency in Mongolia
Mongolia: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.7072 million SLC per person in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Mongolia, 1970–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Mongolia stood at 0.7072 million SLC per person. That is the highest value across all 54 years on record.
That represents a change of up 3.6% on the previous year and up 24.0% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Mongolia peaked at 0.7072 million SLC per person in 2023 and was at its lowest, 0.1836 million SLC per person, in 1970.
Mongolia ranks 14th of 194 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Mongolia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.1836 million SLC per person | — |
| 1971 | 0.1872 million SLC per person | +2.0% |
| 1972 | 0.1887 million SLC per person | +0.8% |
| 1973 | 0.1998 million SLC per person | +5.9% |
| 1974 | 0.2025 million SLC per person | +1.3% |
| 1975 | 0.2095 million SLC per person | +3.5% |
| 1976 | 0.2114 million SLC per person | +0.9% |
| 1977 | 0.2217 million SLC per person | +4.9% |
| 1978 | 0.2316 million SLC per person | +4.5% |
| 1979 | 0.2356 million SLC per person | +1.7% |
| 1980 | 0.246 million SLC per person | +4.4% |
| 1981 | 0.2574 million SLC per person | +4.6% |
| 1982 | 0.2741 million SLC per person | +6.5% |
| 1983 | 0.2884 million SLC per person | +5.2% |
| 1984 | 0.314 million SLC per person | +8.9% |
| 1985 | 0.3222 million SLC per person | +2.6% |
| 1986 | 0.3347 million SLC per person | +3.9% |
| 1987 | 0.3446 million SLC per person | +3.0% |
| 1988 | 0.3508 million SLC per person | +1.8% |
| 1989 | 0.363 million SLC per person | +3.5% |
| 1990 | 0.3683 million SLC per person | +1.5% |
| 1991 | 0.3047 million SLC per person | -17.3% |
| 1992 | 0.2969 million SLC per person | -2.5% |
| 1993 | 0.2718 million SLC per person | -8.5% |
| 1994 | 0.2605 million SLC per person | -4.1% |
| 1995 | 0.3858 million SLC per person | +48.1% |
| 1996 | 0.3205 million SLC per person | -16.9% |
| 1997 | 0.2728 million SLC per person | -14.9% |
| 1998 | 0.2745 million SLC per person | +0.6% |
| 1999 | 0.2588 million SLC per person | -5.7% |
| 2000 | 0.2461 million SLC per person | -4.9% |
| 2001 | 0.3322 million SLC per person | +35.0% |
| 2002 | 0.4106 million SLC per person | +23.6% |
| 2003 | 0.4645 million SLC per person | +13.1% |
| 2004 | 0.444 million SLC per person | -4.4% |
| 2005 | 0.3552 million SLC per person | -20.0% |
| 2006 | 0.3941 million SLC per person | +11.0% |
| 2007 | 0.4958 million SLC per person | +25.8% |
| 2008 | 0.5012 million SLC per person | +1.1% |
| 2009 | 0.4478 million SLC per person | -10.7% |
| 2010 | 0.4669 million SLC per person | +4.3% |
| 2011 | 0.4949 million SLC per person | +6.0% |
| 2012 | 0.5281 million SLC per person | +6.7% |
| 2013 | 0.5703 million SLC per person | +8.0% |
| 2014 | 0.5813 million SLC per person | +1.9% |
| 2015 | 0.5306 million SLC per person | -8.7% |
| 2016 | 0.4826 million SLC per person | -9.1% |
| 2017 | 0.5509 million SLC per person | +14.2% |
| 2018 | 0.6464 million SLC per person | +17.3% |
| 2019 | 0.6589 million SLC per person | +1.9% |
| 2020 | 0.6694 million SLC per person | +1.6% |
| 2021 | 0.6525 million SLC per person | -2.5% |
| 2022 | 0.6824 million SLC per person | +4.6% |
| 2023 | 0.7072 million SLC per person | +3.6% |
Mongolia compared with similar countries
- Mongolia's 0.7072 million SLC per person is above the median for upper middle income countries, which is 0.0058 million SLC per person, 121.8× the median. (54 countries reporting)
- Mongolia's 0.7072 million SLC per person is above the median for East Asia & Pacific, which is 0.0078 million SLC per person, 90.9× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency 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 |
|---|---|---|---|
| 1995 | +48.1% | 0.2605 million SLC per person | 0.3858 million SLC per person |
| 2001 | +35.0% | 0.2461 million SLC per person | 0.3322 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2072 million SLC per person | 0.1836 million SLC per person | 0.2356 million SLC per person | 10 |
| 1980s | 0.3095 million SLC per person | 0.246 million SLC per person | 0.363 million SLC per person | 10 |
| 1990s | 0.3015 million SLC per person | 0.2588 million SLC per person | 0.3858 million SLC per person | 10 |
| 2000s | 0.4091 million SLC per person | 0.2461 million SLC per person | 0.5012 million SLC per person | 10 |
| 2010s | 0.5511 million SLC per person | 0.4669 million SLC per person | 0.6589 million SLC per person | 10 |
| 2020s | 0.6779 million SLC per person | 0.6525 million SLC per person | 0.7072 million SLC per person | 4 |
Countries ranked near Mongolia
- 11 Guinea 0.8475 million SLC per person compare
- 12 Hungary 0.7958 million SLC per person compare
- 13 Equatorial Guinea 0.7339 million SLC per person compare
- 15 Iceland 0.7025 million SLC per person compare
- 16 New Caledonia 0.448 million SLC per person compare
- 17 Uganda 0.4446 million SLC per person 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)
- 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 value added (total manufacturing) — value standard local currency in Mongolia?
- Value added (total manufacturing) — value standard local currency in Mongolia was 0.7072 million SLC per person in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Mongolia?
- The highest recorded value was 0.7072 million SLC per person in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Mongolia?
- The lowest recorded value was 0.1836 million SLC per person in 1970.
- How does Mongolia rank for value added (total manufacturing) — value standard local currency?
- Mongolia ranks 14th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Mongolia?
- Over the last ten years it is up 24.0%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.