Mongolia GDP 1981-2024

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • Mongolia gdp for 2023 was $19.87B, a 15.9% increase from 2022.
  • Mongolia gdp for 2022 was $17.15B, a 12.17% increase from 2021.
  • Mongolia gdp for 2021 was $15.29B, a 14.82% increase from 2020.
  • Mongolia gdp for 2020 was $13.31B, a 6.29% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP ( Billions of US $)
India $3,549.92B
Indonesia $1,371.17B
Bangladesh $437.42B
Philippines $437.15B
Vietnam $429.72B
Egypt $395.93B
Nigeria $362.81B
Pakistan $338.37B
Ukraine $178.76B
Morocco $141.11B
Sudan $109.33B
Kenya $107.44B
Uzbekistan $90.89B
Angola $84.72B
Sri Lanka $84.36B
Ghana $76.37B
Myanmar $64.82B
Tunisia $48.53B
Cameroon $47.95B
Bolivia $45.85B
Honduras $34.40B
El Salvador $34.02B
Cambodia $31.77B
Papua New Guinea $30.93B
Georgia $30.54B
Zambia $28.16B
Mongolia $19.87B
Nicaragua $17.83B
West Bank and Gaza $17.40B
Moldova $16.54B
Lao PDR $15.84B
Republic of Congo $15.32B
Kyrgyz Republic $13.99B
Mauritania $10.45B
Kosovo $10.44B
Eswatini $4.60B
Djibouti $4.10B
Cabo Verde $2.59B
Timor-Leste $2.24B
Lesotho $2.05B
Solomon Islands $1.63B
Vanuatu $1.13B
Sao Tome and Principe $0.60B
Micronesia $0.46B
Kiribati $0.28B
Mongolia GDP - Historical Data
Year GDP Per Capita Growth
2023 $19.87B $5,765 7.02%
2022 $17.15B $5,046 5.03%
2021 $15.29B $4,566 1.64%
2020 $13.31B $4,041 -4.56%
2019 $14.21B $4,395 5.60%
2018 $13.18B $4,165 7.74%
2017 $11.48B $3,708 5.64%
2016 $11.18B $3,691 1.49%
2015 $11.62B $3,919 2.38%
2014 $12.23B $4,212 7.89%
2013 $12.58B $4,422 11.65%
2012 $12.29B $4,402 12.32%
2011 $10.41B $3,794 17.29%
2010 $7.19B $2,660 6.37%
2009 $4.58B $1,719 -1.27%
2008 $5.62B $2,135 8.90%
2007 $4.23B $1,625 10.25%
2006 $3.41B $1,323 8.56%
2005 $2.52B $986 7.25%
2004 $1.99B $785 10.63%
2003 $1.60B $634 7.00%
2002 $1.40B $560 4.73%
2001 $1.27B $513 2.95%
2000 $1.14B $464 1.15%
1999 $1.06B $435 3.07%
1998 $1.12B $468 3.34%
1997 $1.18B $496 3.90%
1996 $1.35B $571 2.24%
1995 $1.45B $623 6.38%
1994 $0.93B $402 2.13%
1993 $0.77B $338 -3.17%
1992 $1.32B $589 -9.26%
1991 $2.38B $1,081 -8.69%
1990 $2.56B $1,185 -3.18%
1989 $3.58B $1,687 4.18%
1988 $3.20B $1,545 5.11%
1987 $3.02B $1,494 3.46%
1986 $2.90B $1,470 9.38%
1985 $2.19B $1,139 5.71%
1984 $2.10B $1,121 5.93%
1983 $2.73B $1,493 5.83%
1982 $2.55B $1,432 8.34%
1981 $2.31B $1,328 %