The Gross Domestic Product (GDP) in Mongolia expanded 7.30 percent in the second quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Mongolia averaged 5.63 percent from 1991 until 2019, reaching an all time high of 17.50 percent in the fourth quarter of 2011 and a record low of -9.30 percent in the fourth quarter of 1992.

GDP Annual Growth Rate in Mongolia is expected to be 6.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Mongolia to stand at 5.50 in 12 months time. In the long-term, the Mongolia GDP Annual Growth Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.

Mongolia GDP Annual Growth Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-11-15 11:00 AM GDP Growth Rate YTD Q3 6.4% 6.3% 5.6%
2019-02-15 10:30 AM GDP Growth Rate YTD Q4 6.9% 6.4% 6.2%
2019-05-15 08:00 AM GDP Growth Rate YTD Q1 8.6% 6.9% 5.4%
2019-08-16 08:15 AM GDP Growth Rate YTD Q2 7.3% 8.6% 5.7%
2019-11-15 11:00 AM GDP Growth Rate YTD Q3 7.3% 6%


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 24103349.30 22316313.00 24103349.30 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 Annual Growth Rate

Mongolia's services sector is the biggest and accounts for 43 percent of GDP. Industry has been expanding heavily in the past few years, contributing the most to economic growth and accounting for 34 percent of total output. Finally, agriculture makes up for 13 percent of total GDP. This page provides - Mongolia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7.30 8.60 17.50 -9.30 1991 - 2019 percent Quarterly




Country Last Previous
China 6.20 Jun/19
India 5.80 Mar/19
Indonesia 5.05 Jun/19
Spain 2.30 Jun/19
United States 2.30 Jun/19
South Korea 2.10 Jun/19
Netherlands 2.00 Jun/19
Australia 1.80 Mar/19
Saudi Arabia 1.70 Mar/19
Switzerland 1.70 Mar/19
Canada 1.30 Mar/19
France 1.30 Jun/19
Japan 1.20 Jun/19
United Kingdom 1.20 Jun/19
Euro Area 1.10 Jun/19
Russia 0.90 Jun/19
Brazil 0.50 Mar/19
Germany 0.40 Jun/19
Singapore 0.10 Jun/19
Italy 0.00 Jun/19
South Africa 0.00 Mar/19
Mexico -0.70 Jun/19
Turkey -2.60 Mar/19
Argentina -5.80 Mar/19


Related

Latest