GDP Mongolia 2024

GDP grows 5.1% in Mongolia

Gross Domestic Product of Mongolia grew 5.1% in 2024 compared to last year. This rate is 23 -tenths of one percent less than the figure of 7.4% published in 2023.

The GDP figure in 2024 was €21,991$23,795 million, Mongolia is number 122 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Mongolia rose €3,208$3,480 million with respect to 2023.

Here we show you the progression of the GDP in Mongolia. You can see GDP in other countries in GDP and see all the economic information about Mongolia in Mongolia's economy.

Evolution: Annual GDP Mongolia
DateAnnual GDPAnnual GDPGDP Growth (%)
2024€21,991M$23,795M5.1%
2023€18,783M$20,315M7.4%
2022€16,269M$17,146M5.0%
2021€12,916M$15,286M1.6%
2020€11,665M$13,313M-4.6%
2019€12,688M$14,206M5.6%
2018€11,178M$13,207M7.7%
2017€10,167M$11,481M5.6%
2016€10,080M$11,154M1.5%
2015€10,472M$11,620M2.4%
2014€9,201M$12,227M7.9%
2013€9,473M$12,582M11.6%
2012€9,550M$12,278M12.3%
2011€7,480M$10,410M17.3%
2010€5,415M$7,185M7.3%
2009€3,290M$4,584M-2.1%
2008€3,824M$5,623M7.8%
2007€3,090M$4,235M8.8%
2006€2,719M$3,414M8.2%
2005€2,027M$2,523M6.5%
2004€1,602M$1,992M9.4%
2003€1,410M$1,595M7.4%
2002€1,478M$1,397M5.3%
2001€1,416M$1,268M4.6%
2000€1,230M$1,137M1.1%
1999€991M$1,057M3.1%
1998$1,125M3.3%
1997$1,181M3.9%
1996$1,348M2.2%
1995$1,452M6.4%
1994$926M2.1%
1993$771M-3.2%
1992$1,566M-9.3%
1991$2,821M-9.2%
1990$2,678M-2.5%
1989$4,275M4.2%
1988$4,104M5.1%
1987$4,086M3.5%
1986$3,636M9.4%
1985$3,294M5.7%
1984$2,837M5.9%
1983$3,071M5.8%
1982$2,963M8.3%
1981$2,854M8.4%
1980$2,728M6.4%
1979$585M4.3%
1978$519M7.5%
1977$451M7.8%
1976$394M3.9%
1975$359M6.5%
1974$309M4.2%
1973$272M8.9%
1972$237M3.6%
1971$219M4.7%
1970$199M
Evolution: GDP per capita Mongolia
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2024€6,203$6,71215.8%15.8%
2023€5,359$5,79613.9%16.9%
2022€4,706$4,95924.2%10.6%
2021€3,788$4,4839.0%13.1%
2020€3,474$3,965-9.7%-8.0%
2019€3,849$4,30911.5%5.7%
2018€3,452$4,0787.9%12.9%
2017€3,199$3,613-1.0%1.1%
2016€3,231$3,575-5.7%-5.9%
2015€3,425$3,80011.5%-6.9%
2014€3,071$4,081-5.0%-5.0%
2013€3,233$4,294-2.9%0.3%
2012€3,330$4,28125.2%15.6%
2011€2,660$3,70235.6%42.3%
2010€1,961$2,60261.9%54.2%
2009€1,211$1,688-15.6%-20.0%
2008€1,434$2,10921.6%30.5%
2007€1,179$1,61612.0%22.3%
2006€1,053$1,32232.4%33.6%
2005€795$98925.1%25.2%
2004€635$79012.4%23.6%
2003€565$639-5.7%12.9%
2002€599$5663.0%8.6%
2001€582$52113.7%10.2%
2000€512$47322.6%6.2%
1999€418$446-7.4%
1998$481-6.1%
1997$512-13.6%
1996$592-8.5%
1995$64754.4%
1994$41919.0%
1993$352-51.2%
1992$722-45.5%
1991$1,3252.8%
1990$1,289-36.0%
1989$2,0131.8%
1988$1,977-2.1%
1987$2,0209.5%
1986$1,8457.6%
1985$1,71413.3%
1984$1,514-9.9%
1983$1,6791.2%
1982$1,6601.3%
1981$1,6382.1%
1980$1,603355.0%
1979$35210.1%
1978$32012.0%
1977$28611.3%
1976$2576.5%
1975$24113.1%
1974$21310.4%
1973$19311.7%
1972$1735.2%
1971$1657.1%
1970$154
Evolution: GDP growth rate at constant prices Mongolia
Evolution: GDP per capita Mongolia
GDP Mongolia