Gross Domestic Product of Mongolia grew 1% in 2016 compared to last year. This rate is 14 -tenths of one percent less than the figure of 2.4% published in 2015.
The GDP figure in 2016 was €9,966$11,031 million, Mongolia is number 132 in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Mongolia dropped €596$687 million with respect to 2015.
The GDP per capita of Mongolia in 2016 was €3,292$3,644, €256$292 less than in 2015, when it was €3,548$3,936. 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 2006 when the GDP per capita in Mongolia was €1,261$1,584.
If we order the countries according to their GDP per capita, Mongolia is in 118th position, its population has a low level of affluence compare tothe 195 countries whose GDP we publish.