The Gross Domestic Product (GDP) in Mongolia was worth 13.01 billion US dollars in 2018. The GDP value of Mongolia represents 0.02 percent of the world economy. GDP in Mongolia averaged 4.44 USD Billion from 1981 until 2018, reaching an all time high of 13.01 USD Billion in 2018 and a record low of 0.77 USD Billion in 1993.

GDP in Mongolia is expected to be 13.50 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia GDP is projected to trend around 16.50 USD Billion in 2020, according to our econometric models.

Mongolia GDP
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Forecast Data Chart
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Mongolia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 6.10 5.10 17.50 -9.30 percent [+]
GDP Annual Growth Rate 7.30 8.60 17.50 -9.30 percent [+]
GDP 13.01 11.43 13.01 0.77 USD Billion [+]
Gross Fixed Capital Formation 1689312.10 1328669.50 2053778.90 328910.20 MNT Million [+]
GDP per capita 4197.80 3996.10 4197.80 1363.70 USD [+]
GDP per capita PPP 12209.20 11622.90 12209.20 3966.20 USD [+]
Gross National Product 28564174.70 23951371.70 28564174.70 12585.90 MNT Million [+]
GDP Constant Prices 5123997.30 3525186.40 5257013.20 1674571.54 MNT Million [+]
GDP From Agriculture 1083025.10 134404.00 1083025.10 45958.52 MNT Million [+]
GDP From Construction 168876.20 41057.80 310573.50 5816.01 MNT Million [+]
GDP From Manufacturing 288823.50 193386.90 467411.10 120048.10 MNT Million [+]
GDP From Mining 922760.90 909774.10 1294584.90 395477.20 MNT Million [+]
GDP From Services 950824.90 934984.20 1020182.70 503792.82 MNT Million [+]
GDP From Transport 239299.00 242324.40 567307.80 122199.13 MNT Million [+]
GDP From Utilities 71444.00 103881.00 103881.00 39620.78 MNT Million [+]


Mongolia GDP

The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Mongolia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia GDP - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
13.01 11.43 13.01 0.77 1981 - 2018 USD Billion Yearly
Current USD




Country Last Previous
United States 20494.10 Dec/18
Euro Area 13669.95 Dec/18
China 13608.15 Dec/18
Japan 4970.92 Dec/18
Germany 3996.76 Dec/18
United Kingdom 2825.21 Dec/18
France 2777.54 Dec/18
India 2726.32 Dec/18
Italy 2073.90 Dec/18
Brazil 1868.63 Dec/18
Canada 1709.30 Dec/18
Russia 1657.60 Dec/18
South Korea 1619.42 Dec/18
Australia 1432.20 Dec/18
Spain 1426.19 Dec/18
Mexico 1223.81 Dec/18
Indonesia 1042.17 Dec/18
Netherlands 912.87 Dec/18
Saudi Arabia 782.48 Dec/18
Turkey 766.51 Dec/18
Switzerland 705.50 Dec/18
Argentina 518.50 Dec/18
South Africa 366.30 Dec/18
Singapore 364.16 Dec/18


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