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Mongolia Economic Indicators

Latest economic indicators and statistics for Mongolia.

Indicator Current Value Previous Value Frequency Period
GDP $23.59B $20.33B Yearly 2024
GDP Annual Growth Rate 4.86% 7.42% Yearly 2024
GDP per Capita $4,615.44 $4,456.54 Yearly 2024
GDP per Capita PPP $16,801.31 $16,222.86 Yearly 2024
R&D Expenditure (% GDP) 0.08% 0.1% Yearly 2022
Real GDP $16.27B $15.51B Yearly 2024
Annual Inflation Rate 6.8% 10.35% Yearly 2024
Annual Unemployment Rate 5.42% 5.5% Yearly 2024
Female Labor Force Rate 53.07% 53.6% Yearly 2024
Unemployment Rate 4.5% 5.4% Quarterly Q2 2025
Annual Exports $12.56B $9.24B Yearly 2022
Annual Imports $8.75B $6.84B Yearly 2022
Exports (% GDP) 69.14% 76.26% Yearly 2024
FDI Inflows (% GDP) 11.06% 14.61% Yearly 2023
Imports (% GDP) 69.75% 66.61% Yearly 2024
Net Trade (Goods & Services, BoP) $1.96B -$1.12B Yearly 2023
Tariff Rate 5.04% 5.04% Yearly 2022
Trade (% GDP) 138.89% 142.86% Yearly 2024
Interest Rate 12% 12% Daily Sep 19, 2025
Private Credit (% GDP) 38.61% 40.98% Yearly 2023
Manufacturing PMI 56.7 points 50.8 points Quarterly Q2 2025
Services PMI 44.8 points 48 points Quarterly Q2 2025
Adult Literacy Rate 99% 96.9% Yearly 2020
Gini Index 31.4 points 32.7 points Yearly 2022
Happiness Index 5.83 points 5.7 points Yearly 2024
Homicide Rate 6.15 6.22 Yearly 2021
Population 3.52M 3.48M Yearly 2024
Poverty Rate 0.4% 1.7% Yearly 2022
Primary Enrollment Rate 95.78% 95.56% Yearly 2023
Agricultural Land (%) 71.91% 72.18% Yearly 2022
Annual CO2 Emissions 46.87M tonnes 43.41M tonnes Yearly 2023
Forest Area (%) 9.1% 9.1% Yearly 2022
Corruption Control -0.49 points -0.56 points Yearly 2023
Political stability index 0.59 points 0.53 points Yearly 2023
Infant Mortality Rate 11.4 11.6 Yearly 2023
Life Expectancy 72.12 71.9 Yearly 2023
Physicians per 1,000 people 3.87 3.77 Yearly 2021
Electricity Access 100% 100% Yearly 2023
Internet Users 83% 82.2% Yearly 2023
Travel Earnings $49M $605M Yearly 2020
Visitor Arrivals 66,900 637,000 Yearly 2020