The Gross Domestic Product (GDP) in Mongolia expanded 6.30 percent in the January-September 2019 over the same period of the previous year. Mongolia GDP Annual Growth Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
GDP Annual Growth Rate in Mongolia averaged 5.64 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. This page provides - Mongolia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
GDP Annual Growth Rate in Mongolia is expected to be 5.80 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 6.30 in 12 months time. In the long-term, the Mongolia GDP Annual Growth Rate is projected to trend around 6.30 percent in 2021 and 5.00 percent in 2022, according to our econometric models.