Gross Domestic Product of Mongolia fell -4.6% in 2020 compared to last year. This rate is 102 -tenths of one percent less than the previous year, when changed 5.6%.
The GDP figure in 2020 was €11,665$13,313 million, Mongolia is number 132 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Mongolia dropped €1,023$893 million with respect to 2019.
The GDP per capita of Mongolia in 2020 was €3,474$3,965, €375$344 less than in 2019, when it was €3,849$4,309. 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 2010 when the GDP per capita in Mongolia was €1,961$2,602.
If we order the countries according to their GDP per capita, Mongolia is in 117th position, its population has a low level of affluence compare tothe 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.