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COUNTRY OUTLOOK / MN

Mongolia

Unverified rate framework · ISO:MN

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Missing or stale rateTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalUlaanbaatar
RegionEast Asia & Pacific
Income groupUpper middle income
CurrencyMongolian tögrög
GDP$25.37B2025 · current US$
Real GDP growth6.84%2025 · annual %
Population3.57M2025 · people
GDP per capita$7,108.232025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Mongolia's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityISO:MN
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

6.84% · 2025 · annual %

Real GDP growth · annual %-4.56%1.66%7.89%2014: 7.88522548204762 annual %2015: 2.37983580731722 annual %2016: 1.48978448679577 annual %2017: 5.63687638694772 annual %2018: 7.74488062024881 annual %2019: 5.60224422064255 annual %2020: -4.55775197583431 annual %2021: 1.63676957736662 annual %2022: 5.0327096366527 annual %2023: 7.4221127615025 annual %2024: 5.12204539122661 annual %2025: 6.84391415938607 annual %20142025
View annual observations
YearValue (annual %)
20256.844
20245.122
20237.422
20225.033
20211.637
2020-4.558
20195.602
20187.745
20175.637
20161.490
20152.380
20147.885
World Bank source & definition ↗

Economy

GDP$25.37B2025 · current US$Source & definition ↗
Real GDP growth6.84%2025 · annual %Source & definition ↗
GDP per capita$7,108.232025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 74.23B2025 · current international $Source & definition ↗

People

Population3.57M2025 · peopleSource & definition ↗
Population growth1.25%2025 · annual %Source & definition ↗
Urban population71.15%2025 · % of populationSource & definition ↗
Life expectancy72.402024 · yearsSource & definition ↗
Unemployment · ILO estimate5.23%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+59.69%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing8.94%2025 · % of GDPSource & definition ↗
Industry including construction37.25%2025 · % of GDPSource & definition ↗
Services44.34%2025 · % of GDPSource & definition ↗
Manufacturing5.88%2025 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services68.07%2025 · % of GDPSource & definition ↗
Imports of goods & services62.64%2025 · % of GDPSource & definition ↗
Current account balance-10.45%2024 · % of GDPSource & definition ↗
Foreign direct investment · net inflows11.69%2024 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation8.61%2025 · annual %Source & definition ↗
Central government debt43.34%2024 · % of GDPSource & definition ↗
Tax revenue16.85%2024 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector44.91%2024 · % of GDPSource & definition ↗
Total reserves including gold$7B2025 · current US$Source & definition ↗

Infrastructure

Internet use85.12%2024 · % of populationSource & definition ↗
Access to electricity99.10%2024 · % of populationSource & definition ↗

Geography

Surface area1,564,1162023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

i

Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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