Mongolia, is a country located at Eastern Asia, it has an area of 1,564,116 Km2 and it may be considered a large country.

Mongolia, with a population of 3,505,000 people, it is one of the least populous country in the world and it has a low population density, 2 people per km2.

It's capital is Ulan Bator and its currency is Tugrik

Mongolia is holding the 123 position by nominal GDP. Its national debt in 2023 was 8,789 millions of euros (9,506 millions of dollars), ( 46.8% debt-to-GDP ratio) and its public debt per capita is €2,508 euros per inhabitant$2,712 dollars per inhabitant.

The last annual rate of CPI published in Mongolia was on December of 2024 and it was 9%.

In terms of the human development index (HDI) of Mongolia, which is the index used by the United Nations to measure the progress of a country, was 0.741 points in 2022, leaving it in 96th place in the table of 193 countries published.

If the reason to visit Mongolia are business, you must know it's in the 81th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Mongolia, if you want to see information about other countries click here

Ulan Bator: Monthly Temp.
Ulan Bator: Monthly Rainfall
Mongolia Economy
Gouvernement
Annual GDP [+]2023€18,783M
Annual GDP [+]2023$20,315M
GDP per capita [+]2023€5,359
GDP per capita [+]2023$5,796
Debt (M.€.) [+]20238,789
Debt ($M) [+]20239,506
Debt (%GDP) [+]202346.80%
Debt Per Capita [+]2023€2,508
Debt Per Capita [+]2023$2,712
Deficit (M.€) [+]2023513
Deficit ($M) [+]2023555
Deficit (%GDP) [+]20232.73%
Expenditure (M.€) [+]20235,989.4
Expenditure ($M) [+]20236,478.1
Education Expenditure (M.€) [+]2022692.8
Education Expenditure ($M) [+]2022730.1
Education Expenditure (%Bud.) [+]20224.26%
Gov. Health Exp. (M.€) [+]2022508.7
Gov. Health Exp.($M) [+]2022535.0
Gov. Health Exp. (%Bud.) [+]20229.25%
Defence Expenditure (M.€) [+]2023113.0
Defence Expenditure ($M) [+]2023122.2
Defence Expenditure (%Bud.) [+]20231.73%
Expenditure (%GDP) [+]202331.89%
Expenditure Per Capita [+]2023€1,709
Expenditure Per Capita [+]2023$1,848
Education Expenditure P.C [+]2022€200
Education Expenditure P.C [+]2022$211
Gov. Health Exp. P.C. [+]2022€150
Gov. Health Exp. P.C. [+]2022$158
Defence Expenditure P.C. [+]2023€32
Defence Expenditure P.C. [+]2023$35
Moody's Rating [+]11/18/2024B2
S&P Rating [+]10/04/2024B+
Fitch Rating [+]07/04/2019B
Corruption Index [+]202333
Competitiveness Ranking [+]2019102º
Fragile States Index [+]202450.7
RTI Raking [+]202467º
Innovation Ranking [+]202467º
Labour
Unemployment rate [+]2024Q15.1%
Unemployed [+]2024Q171K
NMW [+]2024$193.5
NMW [+]2024€174.1
Human Capital Ranking [+]201751º
Markets
Euro / Tugrik [+]02/13/20253,605.5800
US Dollar exchange rate [+]02/13/20253,458.9200
Stock ExchangeYTD % [+]02/13/20253.33%
Prices
CPI (overall index) [+]December 20249.0%
Money Market
Key rates [+]09/16/202410.00%
Business
Doing Business [+]202081º
Passengers vehicles Year [+]December 20192,970
Annual Vehicles/ 1,000 p. [+]December 20191.15
Taxes
Tax Revenue (%GDP) [+]202224.6%
Standard VAT [+]01/01/201810.00%
Top tax rate + SSC [+]202010.0%
Trade
Annual arrivals [+]2022286,000
Exports [+]2023€14,045.0M
Exports [+]2023$15,186.9M
Exports % GDP [+]202374.78%
Imports [+]2023€8,554.7M
Imports [+]2023$9,250.2M
Imports % GDP [+]202345.55%
Trade balance [+]2023€5,490.3M
Trade balance [+]2023$5,932.0M
Trade balance % GDP [+]202329.23%
Socio-Demography
Global AgeWatch Ranking [+]201572º
Density [+]20232
Global Peace Ranking [+]202445º
Remittance received ($M) [+]2017269.5
% Immigrant [+]20200.64%
% Emigrant [+]20202.44%
Birth Rate [+]202220.45‰
Remittance sent ($M) [+]201766.0
Crude death rate [+]20225.48‰
Fertility Rate [+]20222.77
% risk of poverty [+]202227.1%
Population [+]20233,505,000
Immigrant stock [+]202021,345
Emigrant stock [+]202082,098
HDI [+]20220.741
Gender Gap Ranking [+]202485º
Life expectancy [+]202272.67
Suicides [+]2015836
Suicide rate [+]201527.35
Number of homicides [+]2023203
Rate Homicides per 100.000 [+]20235.92
Energy and Environment
CO2 Tons per capita [+]20238.45
Annual crude oil production [+]202315
Consumption GWh [+]20238,997
Generation GWh [+]20237,911
Others
COVID-19 - Deaths [+]08/04/20242,136
COVID-19 - Confirmed [+]08/04/20241,011,489
Fully vaccinated [+]05/18/20222,175,617
COVID-19 - Deaths per million population [+]08/04/2024609.42
Doses administered [+]05/18/20225,492,919