Gross Domestic Product of Mongolia grew 1.6% in 2021 compared to last year. This rate is 62 -tenths of one percent higher than the figure of -4.6% published in 2020.
The GDP figure in 2021 was €12,916$15,286 million, Mongolia is number 132 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Mongolia rose €1,251$1,973 million with respect to 2020.
The GDP per capita of Mongolia in 2021 was €3,788$4,483, €314$518 higher than in 2020, it was €3,474$3,965. 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 2011 when the GDP per capita in Mongolia was €2,660$3,702.
If we order the countries according to their GDP per capita, Mongolia is in 113th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish.