GDP per capita (current LCU) (UNESCO Institute) in Mongolia

Mongolia: GDP per capita (current LCU) (UNESCO Institute) was 22.68 million current LCU in 2024. ◆ Volatile

Latest (2024)
22.68 million current LCU
Change on year
up 12.1%
World rank
10th
of 211 countries
All-time high
22.68 million current LCU
in 2024
All-time low
3,705 current LCU
in 1980
Years of data
45
1980–2024

GDP per capita in Mongolia, 1980–2024

05.0M10.0M15.0M20.0M25.0M1980200220241980: 3.7k current LCU1981: 4.0k current LCU1982: 4.3k current LCU1983: 4.5k current LCU1984: 4.5k current LCU1985: 4.6k current LCU1986: 4.4k current LCU1987: 4.5k current LCU1988: 4.6k current LCU1989: 5.1k current LCU1990: 6.1k current LCU1991: 10.4k current LCU1992: 25.9k current LCU1993: 105.2k current LCU1994: 174.5k current LCU1995: 292.8k current LCU1996: 326.6k current LCU1997: 407.1k current LCU1998: 406.9k current LCU1999: 458.5k current LCU2000: 512.5k current LCU2001: 575.7k current LCU2002: 633.2k current LCU2003: 737.4k current LCU2004: 941.3k current LCU2005: 1.2M current LCU2006: 1.6M current LCU2007: 1.9M current LCU2008: 2.5M current LCU2009: 2.4M current LCU2010: 3.6M current LCU2011: 4.7M current LCU2012: 5.9M current LCU2013: 6.6M current LCU2014: 7.5M current LCU2015: 7.6M current LCU2016: 7.7M current LCU2017: 8.9M current LCU2018: 10.2M current LCU2019: 11.6M current LCU2020: 11.3M current LCU2021: 12.9M current LCU2022: 15.7M current LCU2023: 20.2M current LCU2024: 22.7M current LCU

Source: UNESCO Institute for Statistics. Measured in current LCU.

Analysis

In 2024, gdp per capita in Mongolia stood at 22.68 million current LCU. That is the highest value across all 45 years on record.

The figure is up 12.1% on the previous year and up 202.4% over ten years.

Over the whole period, gdp per capita in Mongolia peaked at 22.68 million current LCU in 2024 and was at its lowest, 3,705 current LCU, in 1980.

That places Mongolia 10th out of 211 countries with data for 2024, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

GDP per capita (current LCU) (UNESCO Institute) in Mongolia, year by year

Annual values for GDP per capita (current LCU) in Mongolia, 1980 to 2024.
Year current LCU Change
1980 3,705 current LCU —
1981 3,976 current LCU +7.3%
1982 4,289 current LCU +7.9%
1983 4,471 current LCU +4.2%
1984 4,479 current LCU +0.2%
1985 4,552 current LCU +1.6%
1986 4,408 current LCU -3.1%
1987 4,480 current LCU +1.6%
1988 4,630 current LCU +3.4%
1989 5,052 current LCU +9.1%
1990 6,101 current LCU +20.8%
1991 10,438 current LCU +71.1%
1992 25,893 current LCU +148.1%
1993 105,156 current LCU +306.1%
1994 174,525 current LCU +66.0%
1995 292,796 current LCU +67.8%
1996 326,618 current LCU +11.6%
1997 407,080 current LCU +24.6%
1998 406,858 current LCU -0.1%
1999 458,472 current LCU +12.7%
2000 512,525 current LCU +11.8%
2001 575,691 current LCU +12.3%
2002 633,153 current LCU +10.0%
2003 737,418 current LCU +16.5%
2004 941,296 current LCU +27.6%
2005 1.20 million current LCU +27.4%
2006 1.57 million current LCU +30.8%
2007 1.91 million current LCU +21.4%
2008 2.48 million current LCU +30.2%
2009 2.45 million current LCU -1.3%
2010 3.56 million current LCU +45.5%
2011 4.73 million current LCU +32.7%
2012 5.88 million current LCU +24.3%
2013 6.61 million current LCU +12.5%
2014 7.50 million current LCU +13.4%
2015 7.56 million current LCU +0.8%
2016 7.75 million current LCU +2.4%
2017 8.90 million current LCU +14.8%
2018 10.16 million current LCU +14.2%
2019 11.58 million current LCU +14.0%
2020 11.26 million current LCU -2.8%
2021 12.87 million current LCU +14.3%
2022 15.68 million current LCU +21.8%
2023 20.24 million current LCU +29.0%
2024 22.68 million current LCU +12.1%

Mongolia compared with similar countries

  • Mongolia's 22.68 million current LCU is above the median for upper middle income countries, which is 125,072 current LCU, 181.4× the median. (58 countries reporting)
  • Mongolia's 22.68 million current LCU is above the median for East Asia & Pacific, which is 88,147 current LCU, 257.3× the median. (36 countries reporting)

Biggest year-on-year movements

Years where GDP per capita (current LCU) (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.

YearChange FromTo
1993 +306.1% 25,893 current LCU 105,156 current LCU
1992 +148.1% 10,438 current LCU 25,893 current LCU

Averages by decade

DecadeAverage LowestHighest Years
1980s 4,404 current LCU 3,705 current LCU 5,052 current LCU 10
1990s 221,394 current LCU 6,101 current LCU 458,472 current LCU 10
2000s 1.30 million current LCU 512,525 current LCU 2.48 million current LCU 10
2010s 7.42 million current LCU 3.56 million current LCU 11.58 million current LCU 10
2020s 16.55 million current LCU 11.26 million current LCU 22.68 million current LCU 5

Countries ranked near Mongolia

  1. 7 Laos 42.84 million current LCU compare
  2. 8 Uzbekistan 40.00 million current LCU compare
  3. 9 Colombia 32.24 million current LCU compare
  4. 11 Somalia 17.91 million current LCU compare
  5. 12 Chile 15.77 million current LCU compare
  6. 13 Guinea 14.66 million current LCU compare

See the full ranking of 211 places →

More population data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gdp per capita in Mongolia?
Gdp per capita in Mongolia was 22.68 million current LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp per capita recorded in Mongolia?
The highest recorded value was 22.68 million current LCU in 2024.
What is the lowest gdp per capita recorded in Mongolia?
The lowest recorded value was 3,705 current LCU in 1980.
How does Mongolia rank for gdp per capita?
Mongolia ranks 10th out of 211 countries with data for 2024.
Is gdp per capita rising or falling in Mongolia?
Over the last ten years it is up 202.4%. 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 per capita (current LCU). Statizoid updates them automatically from the source API.

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GDP per capita in Mongolia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-per-capita-current-lcu-2/mongolia/

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About this data

Indicator
GDP per capita (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release