GDP growth in Mongolia
Mongolia: GDP growth was 4.9% in 2024. β Volatile
Latest (2024)
4.9%
Change on year
down 34.5%
World rank
48th
of 209 countries
All-time high
17.3%
in 2011
All-time low
-9.3%
in 1992
Years of data
43
1982β2024
GDP growth in Mongolia, 1982β2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
The most recent figure for gdp growth in Mongolia is 4.9%, measured in 2024.
That represents a change of down 34.5% on the previous year and down 38.3% over ten years.
Over the whole period, gdp growth in Mongolia peaked at 17.3% in 2011 and was at its lowest, -9.3%, in 1992.
Mongolia ranks 48th of 209 countries on this measure, in the top quarter.
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 | 6.0% | 3.5% | 9.4% | 8 |
| 1990s | -0.3% | -9.3% | 6.4% | 10 |
| 2000s | 6.0% | -1.3% | 10.6% | 10 |
| 2010s | 7.8% | 1.5% | 17.3% | 10 |
| 2020s | 2.9% | -4.6% | 7.4% | 5 |
Countries ranked near Mongolia
- 45 Dominican Republic 5.0% compare
- 46 Saint Martin (French Part) 4.9% compare
- 47 Bhutan 4.9% compare
- 49 Guinea-Bissau 4.8% compare
- 50 Kazakhstan 4.8% compare
- 51 Liberia 4.8% compare
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 growth in Mongolia?
- Gdp growth in Mongolia was 4.9% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Mongolia?
- The highest recorded value was 17.3% in 2011.
- What is the lowest gdp growth recorded in Mongolia?
- The lowest recorded value was -9.3% in 1992.
- How does Mongolia rank for gdp growth?
- Mongolia ranks 48th out of 209 countries with data for 2024.
- Is gdp growth rising or falling in Mongolia?
- Over the last ten years it is down 38.3%. 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 43 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release