East Asia & Pacific
🇲🇳 Mongolia
Real-time economic and demographic statistics for Mongolia
GDP
#125
of 214
Population
#136
of 217
GDP per Capita
#129
of 214
GDP Growth
#66
of 214
Share of World
0.02%
of world GDP
Income Level
Upper middle income
Mongolia GDP (2015–2024)
+4.86%annual growth
Chart data: 2015: 11,619,892,590.694 USD, 2016: 11,181,350,649.357 USD, 2017: 11,480,847,740.736 USD, 2018: 13,178,094,720.499 USD, 2019: 14,206,359,017.514 USD, 2020: 13,312,981,429.089 USD, 2021: 15,286,441,737.669 USD, 2022: 17,146,471,713.748 USD, 2023: 20,325,121,393.907 USD, 2024: 23,586,055,802.452 USD
Demographics
3.5M
Population
+1.25%annual growth
Labor Market
5.42%
Unemployment Rate
-0.08ppannual change
Verified: Nov 2025
Economics
+6.21%
Inflation Rate
-4.14ppannual change
Frequently Asked Questions
- What is Mongolia's GDP?
- Mongolia's GDP is approximately $23.6 billion (2024, representing 0.0% of world GDP), making it the #125 largest economy out of 214 countries. Data sourced from the World Bank.
- What is Mongolia's population?
- Mongolia has a population of approximately 3.5M — the #136 most populous country in the world. Population data is collected annually by the World Bank from national statistical agencies.
- What is Mongolia's GDP per capita?
- Mongolia's GDP per capita is approximately $6,691, ranking #129 globally. This metric reflects average economic output per person and is a key indicator of living standards.
- How fast is Mongolia's economy growing?
- Mongolia's economy is currently growing at approximately 4.9% per year, ranking #66 globally by GDP growth rate. Data sourced from the World Bank.
- What region is Mongolia in?
- Mongolia is located in the East Asia & Pacific region and is classified as a upper middle income economy by the World Bank. This classification is based on gross national income (GNI) per capita.
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