GDP in Mongolia
Mongolia: GDP was 23.59 billion current US$ in 2024. β Volatile
GDP in Mongolia, 1980β2024
Source: UNESCO Institute for Statistics. Measured in current US$.
Analysis
The most recent figure for gdp in Mongolia is 23.59 billion current US$, measured in 2024. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 16.0% on the previous year and up 92.9% over ten years.
Over the whole period, gdp in Mongolia peaked at 23.59 billion current US$ in 2024 and was at its lowest, 768.40 million current US$, in 1993.
That places Mongolia 121st out of 208 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.67 billion current US$ | 2.10 billion current US$ | 3.58 billion current US$ | 10 |
| 1990s | 1.41 billion current US$ | 768.40 million current US$ | 2.56 billion current US$ | 10 |
| 2000s | 2.78 billion current US$ | 1.14 billion current US$ | 5.62 billion current US$ | 10 |
| 2010s | 11.64 billion current US$ | 7.19 billion current US$ | 14.21 billion current US$ | 10 |
| 2020s | 17.93 billion current US$ | 13.31 billion current US$ | 23.59 billion current US$ | 5 |
Countries ranked near Mongolia
More population data for Mongolia
- Population growth rate by level of development 0.097 (2100)
- Projected population under age 5 297,893 (2100)
- Population density 3.54 (2100)
- Population growth rate 0.097 (2100)
- Fertility and wanted fertility 2.5 (2024)
- Refugee population by country or territory of asylum 11 (2024)
- Fertility vs unmet contraception 2.5 (2024)
- Fertility vs contraception 2.5 (2024)
- Natural population growth 1.3 (2023)
- Fertility rate with projections 2.69 (2023)
Frequently asked questions
- What is gdp in Mongolia?
- Gdp in Mongolia was 23.59 billion current US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Mongolia?
- The highest recorded value was 23.59 billion current US$ in 2024.
- What is the lowest gdp recorded in Mongolia?
- The lowest recorded value was 768.40 million current US$ in 1993.
- How does Mongolia rank for gdp?
- Mongolia ranks 121st out of 208 countries with data for 2024.
- Is gdp rising or falling in Mongolia?
- Over the last ten years it is up 92.9%. 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 (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 45 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release