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Mongolia GDP per Capita

Mongolia's GDP per capita rose to $4,615.44 in 2024, up from $4,456.54 in 2023, according to World Bank. This represents an increase of 3.6% ($158.9) from the previous year. Mongolia has GDP per capita lower than the global median ($4,615 vs median $6,791). Compared with the median in Asia, Mongolia is lower ($4,615 vs regional median $5,378) and ranks 25th out of 47 countries in Asia.

Mongolia's GDP rose to $23.59 billion in 2024, up from $20.33 billion in 2023.

Yearly Historical Data (1981-2024)

(in USD)
Year GDP per Capita (USD)
2024 4,615.44
2023 4,456.54
2022 4,205.89
2021 4,063.54
2020 4,066.03
2019 4,337.82
2018 4,183.86
2017 3,956.2
2016 3,817.92
2015 3,838.92
2014 3,830.36
2013 3,628.91
2012 3,318.16
2011 3,010.82
2010 2,611.67
2009 2,498.73
2008 2,576.71
2007 2,403.72
2006 2,209.74
2005 2,060.26
2004 1,942.36
2003 1,775.65
2002 1,680.65
2001 1,625.46
2000 1,598.31
1999 1,601.31
1998 1,575.68
1997 1,546.08
1996 1,509.33
1995 1,499.26
1994 1,432.28
1993 1,418.07
1992 1,462.67
1991 1,613.7
1990 1,823.46
1989 1,860.85
1988 1,827.39
1987 1,784.59
1986 1,770.29
1985 1,660.21
1984 1,610
1983 1,557.43
1982 1,507.62
1981 1,425.48
Mongolia GDP per Capita : Definition
GDP per Capita measures total economic output for Mongolia divided by the number of people, adjusted to 2015 prices and measured in US dollars.
Indicator Last Value Prior Value Period
GDP $23.59B $20.33B 2024
GDP Annual Growth Rate 4.86% 7.42% 2024
GDP per Capita PPP $16,801.31 $16,222.86 2024
R&D Expenditure (% GDP) 0.08% 0.1% 2022
Real GDP $16.27B $15.51B 2024