GDP at market prices (constant 2010 US$) in Mongolia
Mongolia: GDP at market prices (constant 2010 US$) was 16.27 billion constant 2010 US$ in 2024. ◆ Volatile
Latest (2024)
16.27 billion constant 2010 US$
Change on year
up 4.9%
World rank
127th
of 208 countries
All-time high
16.27 billion constant 2010 US$
in 2024
All-time low
2.48 billion constant 2010 US$
in 1981
Years of data
44
1981–2024
GDP at market prices in Mongolia, 1981–2024
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
Mongolia recorded 16.27 billion constant 2010 US$ for gdp at market prices in 2024. That is the highest value across all 44 years on record.
The figure is up 4.9% on the previous year and up 43.3% over ten years.
Over the whole period, gdp at market prices in Mongolia peaked at 16.27 billion constant 2010 US$ in 2024 and was at its lowest, 2.48 billion constant 2010 US$, in 1981.
Mongolia ranks 127th of 208 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP at market prices (constant 2010 US$) in Mongolia, year by year
| Year | constant 2010 US$ | Change |
|---|---|---|
| 1981 | 2.48 billion constant 2010 US$ | — |
| 1982 | 2.69 billion constant 2010 US$ | +8.3% |
| 1983 | 2.85 billion constant 2010 US$ | +5.8% |
| 1984 | 3.02 billion constant 2010 US$ | +5.9% |
| 1985 | 3.19 billion constant 2010 US$ | +5.7% |
| 1986 | 3.49 billion constant 2010 US$ | +9.4% |
| 1987 | 3.61 billion constant 2010 US$ | +3.5% |
| 1988 | 3.79 billion constant 2010 US$ | +5.1% |
| 1989 | 3.95 billion constant 2010 US$ | +4.2% |
| 1990 | 3.83 billion constant 2010 US$ | -3.2% |
| 1991 | 3.49 billion constant 2010 US$ | -8.7% |
| 1992 | 3.17 billion constant 2010 US$ | -9.3% |
| 1993 | 3.07 billion constant 2010 US$ | -3.2% |
| 1994 | 3.14 billion constant 2010 US$ | +2.1% |
| 1995 | 3.34 billion constant 2010 US$ | +6.4% |
| 1996 | 3.41 billion constant 2010 US$ | +2.2% |
| 1997 | 3.54 billion constant 2010 US$ | +3.9% |
| 1998 | 3.66 billion constant 2010 US$ | +3.3% |
| 1999 | 3.77 billion constant 2010 US$ | +3.1% |
| 2000 | 3.82 billion constant 2010 US$ | +1.1% |
| 2001 | 3.93 billion constant 2010 US$ | +3.0% |
| 2002 | 4.12 billion constant 2010 US$ | +4.7% |
| 2003 | 4.40 billion constant 2010 US$ | +7.0% |
| 2004 | 4.87 billion constant 2010 US$ | +10.6% |
| 2005 | 5.23 billion constant 2010 US$ | +7.3% |
| 2006 | 5.67 billion constant 2010 US$ | +8.6% |
| 2007 | 6.25 billion constant 2010 US$ | +10.2% |
| 2008 | 6.81 billion constant 2010 US$ | +8.9% |
| 2009 | 6.72 billion constant 2010 US$ | -1.3% |
| 2010 | 7.15 billion constant 2010 US$ | +6.4% |
| 2011 | 8.39 billion constant 2010 US$ | +17.3% |
| 2012 | 9.42 billion constant 2010 US$ | +12.3% |
| 2013 | 10.52 billion constant 2010 US$ | +11.6% |
| 2014 | 11.35 billion constant 2010 US$ | +7.9% |
| 2015 | 11.62 billion constant 2010 US$ | +2.4% |
| 2016 | 11.79 billion constant 2010 US$ | +1.5% |
| 2017 | 12.46 billion constant 2010 US$ | +5.6% |
| 2018 | 13.42 billion constant 2010 US$ | +7.7% |
| 2019 | 14.17 billion constant 2010 US$ | +5.6% |
| 2020 | 13.53 billion constant 2010 US$ | -4.6% |
| 2021 | 13.75 billion constant 2010 US$ | +1.6% |
| 2022 | 14.44 billion constant 2010 US$ | +5.0% |
| 2023 | 15.51 billion constant 2010 US$ | +7.4% |
| 2024 | 16.27 billion constant 2010 US$ | +4.9% |
Mongolia compared with similar countries
- Mongolia's 16.27 billion constant 2010 US$ is below the median for upper middle income countries, which is 46.21 billion constant 2010 US$, 35% of the median. (58 countries reporting)
- Mongolia's 16.27 billion constant 2010 US$ is above the median for East Asia & Pacific, which is 16.27 billion constant 2010 US$, 1.0× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.23 billion constant 2010 US$ | 2.48 billion constant 2010 US$ | 3.95 billion constant 2010 US$ | 9 |
| 1990s | 3.44 billion constant 2010 US$ | 3.07 billion constant 2010 US$ | 3.83 billion constant 2010 US$ | 10 |
| 2000s | 5.18 billion constant 2010 US$ | 3.82 billion constant 2010 US$ | 6.81 billion constant 2010 US$ | 10 |
| 2010s | 11.03 billion constant 2010 US$ | 7.15 billion constant 2010 US$ | 14.17 billion constant 2010 US$ | 10 |
| 2020s | 14.70 billion constant 2010 US$ | 13.53 billion constant 2010 US$ | 16.27 billion constant 2010 US$ | 5 |
Countries ranked near Mongolia
- 124 Botswana 17.49 billion constant 2010 US$ compare
- 125 Gabon 16.80 billion constant 2010 US$ compare
- 126 Armenia 16.32 billion constant 2010 US$ compare
- 128 Tajikistan 15.85 billion constant 2010 US$ compare
- 129 Nicaragua 15.84 billion constant 2010 US$ compare
- 130 Niger 15.81 billion constant 2010 US$ compare
More population data for Mongolia
- Population regions with projections, annual growth rate 0.1039 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.7782 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.1039 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.016 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 4,519 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.02 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.0708 % change on previous year (2100)
- Population growth rate 0.097 (2100)
- Population density 3.54 (2100)
- Projected population under age 5 297,893 (2100)
Frequently asked questions
- What is gdp at market prices in Mongolia?
- Gdp at market prices in Mongolia was 16.27 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in Mongolia?
- The highest recorded value was 16.27 billion constant 2010 US$ in 2024.
- What is the lowest gdp at market prices recorded in Mongolia?
- The lowest recorded value was 2.48 billion constant 2010 US$ in 1981.
- How does Mongolia rank for gdp at market prices?
- Mongolia ranks 127th out of 208 countries with data for 2024.
- Is gdp at market prices rising or falling in Mongolia?
- Over the last ten years it is up 43.3%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release