GDP growth in Mongolia

Mongolia: GDP growth was 6.8% in 2025. ◆ Volatile

Latest (2025)
6.8%
Change on year
up 33.6%
World rank
22nd
of 214 countries
All-time high
17.3%
in 2011
All-time low
-9.3%
in 1992
Years of data
44
1982–2025

GDP growth in Mongolia, 1982–2025

-10010201982200320251982: 8.3 annual %1983: 5.8 annual %1984: 5.9 annual %1985: 5.7 annual %1986: 9.4 annual %1987: 3.5 annual %1988: 5.1 annual %1989: 4.2 annual %1990: -3.2 annual %1991: -8.7 annual %1992: -9.3 annual %1993: -3.2 annual %1994: 2.1 annual %1995: 6.4 annual %1996: 2.2 annual %1997: 3.9 annual %1998: 3.3 annual %1999: 3.1 annual %2000: 1.1 annual %2001: 3 annual %2002: 4.7 annual %2003: 7 annual %2004: 10.6 annual %2005: 7.3 annual %2006: 8.6 annual %2007: 10.2 annual %2008: 8.9 annual %2009: -1.3 annual %2010: 6.4 annual %2011: 17.3 annual %2012: 12.3 annual %2013: 11.6 annual %2014: 7.9 annual %2015: 2.4 annual %2016: 1.5 annual %2017: 5.6 annual %2018: 7.7 annual %2019: 5.6 annual %2020: -4.6 annual %2021: 1.6 annual %2022: 5 annual %2023: 7.4 annual %2024: 5.1 annual %2025: 6.8 annual %

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.

Analysis

In 2025, gdp growth in Mongolia stood at 6.8%.

Compared with earlier readings it is up 33.6% on the previous year and up 187.6% over ten years.

Over the whole period, gdp growth in Mongolia peaked at 17.3% in 2011 and was at its lowest, -9.3%, in 1992.

That places Mongolia 22nd out of 214 countries with data for 2025, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 6.0% 3.5% 9.4% 8
1990s -0.3% -9.3% 6.4% 10
2000s 6.0% -1.3% 10.6% 10
2010s 7.8% 1.5% 17.3% 10
2020s 3.6% -4.6% 7.4% 6

Countries ranked near Mongolia

  1. 19 Armenia 7.2% compare
  2. 20 Niger 7.0% compare
  3. 21 East Timor 7.0% compare
  4. 23 Aruba 6.8% compare
  5. 24 Senegal 6.7% compare
  6. 25 Paraguay 6.6% compare

See the full ranking of 261 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gdp growth in Mongolia?
Gdp growth in Mongolia was 6.8% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gdp growth recorded in Mongolia?
The highest recorded value was 17.3% in 2011.
What is the lowest gdp growth recorded in Mongolia?
The lowest recorded value was -9.3% in 1992.
How does Mongolia rank for gdp growth?
Mongolia ranks 22nd out of 214 countries with data for 2025.
Is gdp growth rising or falling in Mongolia?
Over the last ten years it is up 187.6%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
261 places, 14,323 data points, 1961–2025
Last refreshed

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.