Mongolia GDP

GDP nominal (2023)
$20,325,121,394
(Current US Dollars). Sources include: World Bank, United Nations.
GDP growth rate (2023)

7.42%

  • Nominal (current) Gross Domestic Product (GDP) of Mongolia is $20,325,121,394 (USD) as of 2023.
  • Real GDP (constant, inflation adjusted) of Mongolia reached $15,513,848,973 in 2023.
  • GDP Growth Rate in 2023 was 7.42%, representing a change of 1,071,897,894 US$ over 2022, when Real GDP was $14,441,951,079.
  • GDP per Capita in Mongolia (with a population of 3,431,932 people) was $4,520 in 2023, an increase of $255 from $4,265 in 2021; this represents a change of 6.0% in GDP per capita.
Mongolia GDP (Nominal, $USD) 1993-2023
GDP change (%)

Gross Domestic Product (GDP) of Mongolia

Year GDP Nominal
(Current USD) 		GDP Real
(Inflation adj.) 		GDP
change		 GDP per capita Pop.
change		 Population
2023 $20,325,121,394 $15,513,848,973 7.42% $4,520 1.36 % 3,431,932
2022 $17,146,471,714 $14,441,951,079 5.03% $4,265 1.39 % 3,386,015
2021 $15,286,441,738 $13,749,955,732 1.64% $4,117 1.49 % 3,339,674
2020 $13,312,981,429 $13,528,524,951 -4.56% $4,111 1.82 % 3,290,785
2019 $14,206,359,018 $14,174,566,537 5.60% $4,386 2.03 % 3,232,113
2018 $13,178,094,720 $13,422,599,720 7.74% $4,237 2.04 % 3,167,706
2017 $11,480,847,741 $12,457,761,003 5.64% $4,013 2.09 % 3,104,364
2016 $11,181,350,649 $11,793,003,948 1.49% $3,878 2.16 % 3,040,812
2015 $11,619,892,591 $11,619,892,591 2.38% $3,904 2.18 % 2,976,526
2014 $12,226,514,668 $11,349,786,312 7.89% $3,896 2.14 % 2,913,039
2013 $12,582,122,604 $10,520,241,545 11.65% $3,689 2.02 % 2,851,881
2012 $12,292,770,632 $9,422,609,645 12.32% $3,371 1.83 % 2,795,459
2011 $10,409,797,378 $8,389,088,994 17.29% $3,056 1.61 % 2,745,180
2010 $7,189,481,999 $7,152,385,862 6.37% $2,647 1.37 % 2,701,732
2009 $4,583,850,368 $6,724,368,909 -1.27% $2,523 1.17 % 2,665,326
2008 $5,623,216,608 $6,810,770,268 8.90% $2,585 1.01 % 2,634,424
2007 $4,234,999,704 $6,254,129,712 10.25% $2,398 0.90 % 2,607,965
2006 $3,414,055,662 $5,672,782,077 8.56% $2,195 0.83 % 2,584,756
2005 $2,523,471,601 $5,225,662,153 7.25% $2,039 0.81 % 2,563,461
2004 $1,992,066,808 $4,872,245,747 10.63% $1,916 0.83 % 2,542,793
2003 $1,595,297,356 $4,404,273,778 7.00% $1,746 0.87 % 2,521,805
2002 $1,396,555,720 $4,115,965,440 4.73% $1,646 0.90 % 2,500,075
2001 $1,267,997,934 $3,929,961,222 2.95% $1,586 0.92 % 2,477,700
2000 $1,136,896,124 $3,817,248,911 1.15% $1,555 0.87 % 2,455,182
1999 $1,057,408,589 $3,773,996,565 3.07% $1,551 0.88 % 2,434,040
1998 $1,124,440,205 $3,661,572,769 3.34% $1,518 0.99 % 2,412,784
1997 $1,180,934,203 $3,543,231,097 3.90% $1,483 1.09 % 2,389,128
1996 $1,345,719,472 $3,410,339,918 2.24% $1,443 1.19 % 2,363,465
1995 $1,452,165,005 $3,335,782,059 6.38% $1,428 1.30 % 2,335,715
1994 $925,817,092 $3,135,828,262 2.13% $1,360 1.42 % 2,305,744
1993 $768,401,634 $3,070,296,388 -3.17% $1,350 1.54 % 2,273,512
Sources:

See also