Gross Domestic Product of Mongolia grew 7.4% in 2023 compared to last year. This rate is 24 -tenths of one percent higher than the figure of 5% published in 2022.
The GDP figure in 2023 was €18,783$20,315 million, Mongolia is number 123 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Mongolia rose €2,514$3,169 million with respect to 2022.
The GDP per capita of Mongolia in 2023 was €5,359$5,796, €653$837 higher than in 2022, it was €4,706$4,959. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2013 when the GDP per capita in Mongolia was €3,233$4,294.
If we order the countries according to their GDP per capita, Mongolia is in 109th position of the 196 countries whose GDP we publish.
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.