Economy

Mongolia

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GDP per capita19802024
3551.95K3.55K5.15K6.75K19802024
Source: World Bank WDI
Private credit (% of GDP)19912020
5.1618.832.546.259.919912020
Source: WB GFDD
IndicatorValue
GDP (nominal)23,800,000,000 US$World Bank WDI [2024]
GDP (PPP)67,500,000,000 US$World Bank WDI [2024]
GDP growth5.12 %World Bank WDI [2024]
GDP per capita6,750 US$World Bank WDI [2024]
Inflation (CPI)6.2 %World Bank WDI [2024]
Unemployment5.23 %World Bank WDI [2025]
Exports of goods & services16,400,000,000 US$World Bank WDI [2024]
Imports of goods & services16,600,000,000 US$World Bank WDI [2024]
Agriculture (% GDP)7.29 %World Bank WDI [2024]
Industry (% GDP)38.1 %World Bank WDI [2024]
Services (% GDP)44.3 %World Bank WDI [2024]
Industriesconstruction and construction materials; mining (coal, copper, molybdenum, fluorspar, tin, tungsten, gold); oil; food and beverages; processing of animal products, cashmere and natural fiber manufacturingCIA World Factbook [2025] · 2026 archive
Agricultural productsmilk, wheat, lamb/mutton, potatoes, beef, carrots/turnips, goat milk, goat meat, bison milk, horse meat (2023); note: top ten agricultural products based on tonnageCIA World Factbook [2025] · 2026 archive
Export commoditiescoal, copper ore, gold, iron ore, crude petroleum (2023); note: top five export commodities based on value in dollarsCIA World Factbook [2025] · 2026 archive
Export partnersChina 92%, Switzerland 6%, Italy 1%, Thailand 0%, Japan 0% (2023); note: top five export partners based on percentage share of exportsCIA World Factbook [2025] · 2026 archive
Import partnersChina 57%, Japan 13%, Germany 3%, Singapore 3%, USA 3% (2023); note: top five import partners based on percentage share of importsCIA World Factbook [2025] · 2026 archive
Gini index31.4 indexWorld Bank WDI [2022]
GDP per capita (1913)No authoritative open source found
Leading mineral commoditycoal (85,262,300 tonnes (metric), 2023)BGS World Mineral Statistics [2023]
Wealth share of top 10%0.587 %World Inequality Database [2024]
Wealth share of top 1%0.241 %World Inequality Database [2024]
Gini (WID)1–31.4 indexWorld Inequality Database [2024] 1 index·World Bank WDI [2022] 31.4 index
Top export partnersChina (92.2%) / Switzerland (5.8%) / Italy (0.4%) / Rep. of Korea (0.2%) / USA (0.2%)CEPII BACI [2024]
Top import partnersChina (54.0%) / Japan (13.1%) / Rep. of Korea (6.9%) / USA (4.5%) / Germany (2.8%)CEPII BACI [2024]
Top agricultural productsCereals, primary / Wheat / Meat, Total / Vegetables Primary / PotatoesFAOSTAT [2024]
Bank assets (% of GDP)52.8 %WB GFDD [2021]
Private credit (% of GDP)45.8 %WB GFDD [2020]
Stock market capitalization (% of GDP)No authoritative open source found
Financial account ownership98.3 %WB Findex [2024]
Mobile-money accountNo authoritative open source found
Borrowed from a bank40.3 %WB Findex [2024]
Poverty headcount ($2.15/day)No authoritative open source found
Poverty headcount ($6.85/day)No authoritative open source found

Section metadata

Data year2025
EditionDatabook 2026
Coverage28/33
LicenseCC-BY
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Datasets on this page
  • World Bank WDI
    world_bank_wdi
    Edition: 2024
  • CIA World Factbook
    cia_factbook
    Edition: 2025
  • BGS World Mineral Statistics
    bgs_world_minerals
    Edition: 2023
  • World Inequality Database
    world_inequality_database
    Edition: 2026
  • CEPII BACI
    cepii_baci_trade
    Edition: 2026
  • FAOSTAT
    faostat
    Edition: 2026
  • WB GFDD
    world_bank_gfdd
    Edition: 2022
  • WB Findex
    world_bank_global_findex
    Edition: 2025
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About this data

Mongolia's economy on Databook compiles 28 indicators from 8 open datasets including World Bank WDI, CIA World Factbook, BGS World Mineral Statistics. Key figures include gdp (nominal) (23,800,000,000 US$), gdp (ppp) (67,500,000,000 US$). Data is referenced to 2025. Every value carries its source and publication year, published under open licenses.