GDP per capita (current US$) (UNESCO Institute) in Mongolia

Mongolia: GDP per capita (current US$) (UNESCO Institute) was 6,691 current US$ in 2024. ◆ Volatile

Latest (2024)
6,691 current US$
Change on year
up 14.6%
World rank
121st
of 211 countries
All-time high
6,691 current US$
in 2024
All-time low
354.9 current US$
in 1993
Years of data
45
1980–2024

GDP per capita in Mongolia, 1980–2024

02.0k4.0k6.0k1980200220241980: 1.2k current US$1981: 1.3k current US$1982: 1.4k current US$1983: 1.5k current US$1984: 1.1k current US$1985: 1.1k current US$1986: 1.5k current US$1987: 1.5k current US$1988: 1.5k current US$1989: 1.7k current US$1990: 1.2k current US$1991: 1.1k current US$1992: 607.8 current US$1993: 354.9 current US$1994: 422.9 current US$1995: 652.7 current US$1996: 595.6 current US$1997: 515.3 current US$1998: 483.9 current US$1999: 448.7 current US$2000: 476 current US$2001: 524.5 current US$2002: 570.2 current US$2003: 643.2 current US$2004: 794.2 current US$2005: 994.9 current US$2006: 1.3k current US$2007: 1.6k current US$2008: 2.1k current US$2009: 1.7k current US$2010: 2.6k current US$2011: 3.7k current US$2012: 4.3k current US$2013: 4.3k current US$2014: 4.1k current US$2015: 3.8k current US$2016: 3.6k current US$2017: 3.6k current US$2018: 4.1k current US$2019: 4.3k current US$2020: 4.0k current US$2021: 4.5k current US$2022: 5.0k current US$2023: 5.8k current US$2024: 6.7k current US$

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

Mongolia recorded 6,691 current US$ for gdp per capita in 2024. That is the highest value across all 45 years on record.

That represents a change of up 14.6% on the previous year and up 62.2% over ten years.

Over the whole period, gdp per capita in Mongolia peaked at 6,691 current US$ in 2024 and was at its lowest, 354.9 current US$, in 1993.

That places Mongolia 121st out of 211 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.

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

Annual values for GDP per capita (current US$) in Mongolia, 1980 to 2024.
Year current US$ Change
1980 1,235 current US$ —
1981 1,325 current US$ +7.3%
1982 1,430 current US$ +7.9%
1983 1,490 current US$ +4.2%
1984 1,120 current US$ -24.9%
1985 1,138 current US$ +1.6%
1986 1,469 current US$ +29.1%
1987 1,493 current US$ +1.6%
1988 1,543 current US$ +3.4%
1989 1,684 current US$ +9.1%
1990 1,220 current US$ -27.5%
1991 1,099 current US$ -10.0%
1992 607.81 current US$ -44.7%
1993 354.9 current US$ -41.6%
1994 422.86 current US$ +19.2%
1995 652.67 current US$ +54.3%
1996 595.58 current US$ -8.7%
1997 515.3 current US$ -13.5%
1998 483.88 current US$ -6.1%
1999 448.66 current US$ -7.3%
2000 476.03 current US$ +6.1%
2001 524.45 current US$ +10.2%
2002 570.25 current US$ +8.7%
2003 643.17 current US$ +12.8%
2004 794.15 current US$ +23.5%
2005 994.9 current US$ +25.3%
2006 1,330 current US$ +33.7%
2007 1,628 current US$ +22.4%
2008 2,127 current US$ +30.7%
2009 1,703 current US$ -19.9%
2010 2,625 current US$ +54.1%
2011 3,736 current US$ +42.3%
2012 4,329 current US$ +15.9%
2013 4,340 current US$ +0.3%
2014 4,126 current US$ -4.9%
2015 3,839 current US$ -7.0%
2016 3,620 current US$ -5.7%
2017 3,646 current US$ +0.7%
2018 4,108 current US$ +12.7%
2019 4,348 current US$ +5.8%
2020 4,001 current US$ -8.0%
2021 4,518 current US$ +12.9%
2022 4,994 current US$ +10.5%
2023 5,839 current US$ +16.9%
2024 6,691 current US$ +14.6%

Mongolia compared with similar countries

  • Mongolia's 6,691 current US$ is below the median for upper middle income countries, which is 7,656 current US$, 87% of the median. (58 countries reporting)
  • Mongolia's 6,691 current US$ is below the median for East Asia & Pacific, which is 7,406 current US$, 90% of the median. (36 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 1,393 current US$ 1,120 current US$ 1,684 current US$ 10
1990s 640.05 current US$ 354.9 current US$ 1,220 current US$ 10
2000s 1,079 current US$ 476.03 current US$ 2,127 current US$ 10
2010s 3,872 current US$ 2,625 current US$ 4,348 current US$ 10
2020s 5,208 current US$ 4,001 current US$ 6,691 current US$ 5

Countries ranked near Mongolia

  1. 118 Jamaica 7,020 current US$ compare
  2. 119 Ecuador 6,875 current US$ compare
  3. 120 Equatorial Guinea 6,745 current US$ compare
  4. 122 Paraguay 6,416 current US$ compare
  5. 123 Tuvalu 6,345 current US$ compare
  6. 124 Libya 6,318 current US$ 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 6,691 current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp per capita recorded in Mongolia?
The highest recorded value was 6,691 current US$ in 2024.
What is the lowest gdp per capita recorded in Mongolia?
The lowest recorded value was 354.9 current US$ in 1993.
How does Mongolia rank for gdp per capita?
Mongolia ranks 121st 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 62.2%. 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 US$). 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-us-2/mongolia/

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About this data

Indicator
GDP per capita (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release