GDP growth (annual %) (UNESCO Institute) in Mongolia
Mongolia: GDP growth (annual %) (UNESCO Institute) was 4.9% in 2024. ◆ Volatile
GDP growth in Mongolia, 1982–2024
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 212 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Mongolia, year by year
| Year | annual % | Change |
|---|---|---|
| 1982 | 8.3% | — |
| 1983 | 5.8% | -30.1% |
| 1984 | 5.9% | +1.7% |
| 1985 | 5.7% | -3.7% |
| 1986 | 9.4% | +64.1% |
| 1987 | 3.5% | -63.1% |
| 1988 | 5.1% | +47.7% |
| 1989 | 4.2% | -18.2% |
| 1990 | -3.2% | -176.2% |
| 1991 | -8.7% | +173.0% |
| 1992 | -9.3% | +6.5% |
| 1993 | -3.2% | -65.8% |
| 1994 | 2.1% | -167.4% |
| 1995 | 6.4% | +198.7% |
| 1996 | 2.2% | -64.9% |
| 1997 | 3.9% | +74.3% |
| 1998 | 3.3% | -14.3% |
| 1999 | 3.1% | -8.1% |
| 2000 | 1.1% | -62.7% |
| 2001 | 3.0% | +157.6% |
| 2002 | 4.7% | +60.3% |
| 2003 | 7.0% | +48.0% |
| 2004 | 10.6% | +51.7% |
| 2005 | 7.3% | -31.7% |
| 2006 | 8.6% | +18.0% |
| 2007 | 10.2% | +19.8% |
| 2008 | 8.9% | -13.2% |
| 2009 | -1.3% | -114.3% |
| 2010 | 6.4% | -601.7% |
| 2011 | 17.3% | +171.6% |
| 2012 | 12.3% | -28.7% |
| 2013 | 11.6% | -5.4% |
| 2014 | 7.9% | -32.3% |
| 2015 | 2.4% | -69.8% |
| 2016 | 1.5% | -37.4% |
| 2017 | 5.6% | +278.4% |
| 2018 | 7.7% | +37.4% |
| 2019 | 5.6% | -27.7% |
| 2020 | -4.6% | -181.4% |
| 2021 | 1.6% | -135.9% |
| 2022 | 5.0% | +207.5% |
| 2023 | 7.4% | +47.5% |
| 2024 | 4.9% | -34.5% |
Mongolia compared with similar countries
- Mongolia's 4.9% is above the median for upper middle income countries, which is 3.3%, 1.5× the median. (58 countries reporting)
- Mongolia's 4.9% is above the median for East Asia & Pacific, which is 3.8%, 1.3× the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +601.7% | -1.3% | 6.4% |
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 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 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 212 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 · JSON — 43 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release