Mongolia GDP

Mongolia's GDP rose to $23.59 billion in 2024, up from $20.33 billion in 2023, according to World Bank. This represents an increase of 16% ($3.26 billion) from the previous year and accounts for 0.02% of the world's total GDP. Mongolia has GDP lower than the global median ($23.59 billion vs median $35.85 billion). Compared with the median in Asia, Mongolia is lower ($23.59 billion vs regional median $98.96 billion) and ranks 35th out of 47 countries in Asia.

Mongolia's GDP per capita rose to $4,615.44 in 2024, up from $4,456.54 in 2023.