GDP per capita in Mongolia
Mongolia: GDP per capita was 15,172 international-$ in 2021 prices in 2023. ◆ Volatile
GDP per capita in Mongolia, 1970–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gdp per capita in Mongolia is 15,172 international-$ in 2021 prices, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 9.7% on the previous year and up 11.7% over ten years.
Over the whole period, gdp per capita in Mongolia peaked at 15,172 international-$ in 2021 prices in 2023 and was at its lowest, 1,526 international-$ in 2021 prices, in 1970.
Mongolia ranks 101st of 184 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,716 international-$ in 2021 prices | 1,526 international-$ in 2021 prices | 1,929 international-$ in 2021 prices | 10 |
| 1980s | 2,653 international-$ in 2021 prices | 1,931 international-$ in 2021 prices | 3,161 international-$ in 2021 prices | 10 |
| 1990s | 3,040 international-$ in 2021 prices | 2,336 international-$ in 2021 prices | 4,335 international-$ in 2021 prices | 10 |
| 2000s | 6,080 international-$ in 2021 prices | 3,525 international-$ in 2021 prices | 9,000 international-$ in 2021 prices | 10 |
| 2010s | 12,542 international-$ in 2021 prices | 9,951 international-$ in 2021 prices | 14,119 international-$ in 2021 prices | 10 |
| 2020s | 13,902 international-$ in 2021 prices | 13,053 international-$ in 2021 prices | 15,172 international-$ in 2021 prices | 4 |
Countries ranked near Mongolia
- 98 Dominica 16,020 international-$ in 2021 prices compare
- 99 Albania 15,969 international-$ in 2021 prices compare
- 100 Grenada 15,265 international-$ in 2021 prices compare
- 102 Paraguay 15,007 international-$ in 2021 prices compare
- 103 Iran 14,809 international-$ in 2021 prices compare
- 104 Algeria 14,580 international-$ in 2021 prices compare
More economy & growth data for Mongolia
- DEC alternative conversion factor 3,545 LCU per US$ (2025)
- Manufacturing, value added 5.28 trillion current LCU (2025)
- Manufacturing, value added 2.60 trillion constant LCU (2025)
- Manufacturing, value added 1.32 billion constant 2015 US$ (2025)
- Households and NPISHs final consumption expenditure 51.5% (2025)
- Final consumption expenditure 16.77 billion current US$ (2025)
- Final consumption expenditure 59.45 trillion current LCU (2025)
- Final consumption expenditure 15.92 billion constant 2015 US$ (2025)
- Final consumption expenditure 5.7% (2025)
- Gross national expenditure 23.31 billion constant 2015 US$ (2025)
Frequently asked questions
- What is gdp per capita in Mongolia?
- Gdp per capita in Mongolia was 15,172 international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gdp per capita recorded in Mongolia?
- The highest recorded value was 15,172 international-$ in 2021 prices in 2023.
- What is the lowest gdp per capita recorded in Mongolia?
- The lowest recorded value was 1,526 international-$ in 2021 prices in 1970.
- How does Mongolia rank for gdp per capita?
- Mongolia ranks 101st out of 184 countries with data for 2023.
- Is gdp per capita rising or falling in Mongolia?
- Over the last ten years it is up 11.7%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.