Value Added (Total Manufacturing) — Value Standard Local Currency in Mongolia
Mongolia: Value Added (Total Manufacturing) — Value Standard Local Currency was 24.21 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Mongolia, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Mongolia stood at 24.21 % change on previous year.
The figure is up 1.8% on the previous year and down 28.6% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Mongolia peaked at 202.82 % change on previous year in 1993 and was at its lowest, -47.97 % change on previous year, in 1996.
Mongolia ranks 32nd of 231 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Mongolia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 4.71 % change on previous year | — |
| 1972 | 3.6 % change on previous year | -23.4% |
| 1973 | 8.89 % change on previous year | +146.7% |
| 1974 | 4.29 % change on previous year | -51.7% |
| 1975 | 6.42 % change on previous year | +49.5% |
| 1976 | 3.91 % change on previous year | -39.0% |
| 1977 | 8.03 % change on previous year | +105.2% |
| 1978 | 6.99 % change on previous year | -12.9% |
| 1979 | 4.61 % change on previous year | -34.0% |
| 1980 | 7.28 % change on previous year | +58.0% |
| 1981 | 13.66 % change on previous year | +87.6% |
| 1982 | 15.45 % change on previous year | +13.1% |
| 1983 | -0.2288 % change on previous year | -101.5% |
| 1984 | 6.35 % change on previous year | -2873.6% |
| 1985 | 5.27 % change on previous year | -17.0% |
| 1986 | 4.24 % change on previous year | -19.5% |
| 1987 | 0.1249 % change on previous year | -97.1% |
| 1988 | 5.7 % change on previous year | +4465.2% |
| 1989 | 6.41 % change on previous year | +12.4% |
| 1990 | 10.29 % change on previous year | +60.7% |
| 1991 | 53.21 % change on previous year | +416.9% |
| 1992 | 193.23 % change on previous year | +263.2% |
| 1993 | 202.82 % change on previous year | +5.0% |
| 1994 | 78.63 % change on previous year | -61.2% |
| 1995 | 57.93 % change on previous year | -26.3% |
| 1996 | -47.97 % change on previous year | -182.8% |
| 1997 | 41.44 % change on previous year | -186.4% |
| 1998 | -18.81 % change on previous year | -145.4% |
| 1999 | 12.88 % change on previous year | -168.5% |
| 2000 | 5.72 % change on previous year | -55.6% |
| 2001 | 39.27 % change on previous year | +586.4% |
| 2002 | -15.02 % change on previous year | -138.2% |
| 2003 | 21.21 % change on previous year | -241.3% |
| 2004 | 10.08 % change on previous year | -52.5% |
| 2005 | 35.37 % change on previous year | +251.0% |
| 2006 | 25.75 % change on previous year | -27.2% |
| 2007 | 41.67 % change on previous year | +61.9% |
| 2008 | 38.06 % change on previous year | -8.7% |
| 2009 | -0.6541 % change on previous year | -101.7% |
| 2010 | 26.04 % change on previous year | -4080.8% |
| 2011 | 40.1 % change on previous year | +54.0% |
| 2012 | 34.07 % change on previous year | -15.0% |
| 2013 | 33.93 % change on previous year | -0.4% |
| 2014 | 16.66 % change on previous year | -50.9% |
| 2015 | -17.67 % change on previous year | -206.1% |
| 2016 | -0.6575 % change on previous year | -96.3% |
| 2017 | 21.1 % change on previous year | -3308.9% |
| 2018 | 18.93 % change on previous year | -10.2% |
| 2019 | 16.4 % change on previous year | -13.4% |
| 2020 | 8.59 % change on previous year | -47.6% |
| 2021 | 6.59 % change on previous year | -23.3% |
| 2022 | 23.78 % change on previous year | +260.7% |
| 2023 | 24.21 % change on previous year | +1.8% |
Mongolia compared with similar countries
- Mongolia's 24.21 % change on previous year is above the median for upper middle income countries, which is 5.07 % change on previous year, 4.8× the median. (54 countries reporting)
- Mongolia's 24.21 % change on previous year is above the median for East Asia & Pacific, which is 6.83 % change on previous year, 3.5× 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 |
|---|---|---|---|
| 1988 | +4465.2% | 0.1249 % change on previous year | 5.7 % change on previous year |
| 2010 | +4080.8% | -0.6541 % change on previous year | 26.04 % change on previous year |
| 2017 | +3308.9% | -0.6575 % change on previous year | 21.1 % change on previous year |
| 1984 | +2873.6% | -0.2288 % change on previous year | 6.35 % change on previous year |
| 2001 | +586.4% | 5.72 % change on previous year | 39.27 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.72 % change on previous year | 3.6 % change on previous year | 8.89 % change on previous year | 9 |
| 1980s | 6.43 % change on previous year | -0.2288 % change on previous year | 15.45 % change on previous year | 10 |
| 1990s | 58.36 % change on previous year | -47.97 % change on previous year | 202.82 % change on previous year | 10 |
| 2000s | 20.15 % change on previous year | -15.02 % change on previous year | 41.67 % change on previous year | 10 |
| 2010s | 18.89 % change on previous year | -17.67 % change on previous year | 40.1 % change on previous year | 10 |
| 2020s | 15.79 % change on previous year | 6.59 % change on previous year | 24.21 % change on previous year | 4 |
Countries ranked near Mongolia
- 29 Angola 27.5 % change on previous year compare
- 30 Liberia 24.5 % change on previous year compare
- 31 Pakistan 24.44 % change on previous year compare
- 33 Denmark 22.62 % change on previous year compare
- 34 Egypt 22.14 % change on previous year compare
- 35 Sao Tome and Principe 21.56 % 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)
- 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 24.21 % change on previous year 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 202.82 % change on previous year in 1993.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Mongolia?
- The lowest recorded value was -47.97 % change on previous year in 1996.
- How does Mongolia rank for value added (total manufacturing) — value standard local currency?
- Mongolia ranks 32nd out of 231 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 down 28.6%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.