GDP, PPP in Mongolia

Mongolia: GDP, PPP was 63.43 billion constant 2021 international $ in 2025. ◆ Volatile

Latest (2025)
63.43 billion constant 2021 international $
Change on year
up 6.8%
World rank
115th
of 199 countries
All-time high
63.43 billion constant 2021 international $
in 2025
All-time low
11.18 billion constant 2021 international $
in 1993
Years of data
36
1990–2025

GDP, PPP in Mongolia, 1990–2025

20.0B40.0B60.0B1990200720251990: 13.9B constant 2021 international $1991: 12.7B constant 2021 international $1992: 11.5B constant 2021 international $1993: 11.2B constant 2021 international $1994: 11.4B constant 2021 international $1995: 12.1B constant 2021 international $1996: 12.4B constant 2021 international $1997: 12.9B constant 2021 international $1998: 13.3B constant 2021 international $1999: 13.7B constant 2021 international $2000: 13.9B constant 2021 international $2001: 14.3B constant 2021 international $2002: 15.0B constant 2021 international $2003: 16.0B constant 2021 international $2004: 17.7B constant 2021 international $2005: 19.0B constant 2021 international $2006: 20.7B constant 2021 international $2007: 22.8B constant 2021 international $2008: 24.8B constant 2021 international $2009: 24.5B constant 2021 international $2010: 26.0B constant 2021 international $2011: 30.5B constant 2021 international $2012: 34.3B constant 2021 international $2013: 38.3B constant 2021 international $2014: 41.3B constant 2021 international $2015: 42.3B constant 2021 international $2016: 42.9B constant 2021 international $2017: 45.3B constant 2021 international $2018: 48.9B constant 2021 international $2019: 51.6B constant 2021 international $2020: 49.2B constant 2021 international $2021: 50.1B constant 2021 international $2022: 52.6B constant 2021 international $2023: 56.5B constant 2021 international $2024: 59.4B constant 2021 international $2025: 63.4B constant 2021 international $

Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.

Analysis

The most recent figure for gdp, ppp in Mongolia is 63.43 billion constant 2021 international $, measured in 2025. That is the highest value across all 36 years on record.

That represents a change of up 6.8% on the previous year and up 50.0% over ten years.

Over the whole period, gdp, ppp in Mongolia peaked at 63.43 billion constant 2021 international $ in 2025 and was at its lowest, 11.18 billion constant 2021 international $, in 1993.

That places Mongolia 115th out of 199 countries with data for 2025, putting it 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

DecadeAverage LowestHighest Years
1990s 12.53 billion constant 2021 international $ 11.18 billion constant 2021 international $ 13.93 billion constant 2021 international $ 10
2000s 18.87 billion constant 2021 international $ 13.90 billion constant 2021 international $ 24.79 billion constant 2021 international $ 10
2010s 40.15 billion constant 2021 international $ 26.04 billion constant 2021 international $ 51.60 billion constant 2021 international $ 10
2020s 55.19 billion constant 2021 international $ 49.25 billion constant 2021 international $ 63.43 billion constant 2021 international $ 6

Countries ranked near Mongolia

  1. 112 Bosnia and Herzegovina 66.50 billion constant 2021 international $ compare
  2. 113 Armenia 65.29 billion constant 2021 international $ compare
  3. 114 Guinea 63.67 billion constant 2021 international $ compare
  4. 116 Burkina Faso 63.19 billion constant 2021 international $ compare
  5. 117 Benin 60.98 billion constant 2021 international $ compare
  6. 118 Lebanon 60.78 billion constant 2021 international $ compare

See the full ranking of 246 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gdp, ppp in Mongolia?
Gdp, ppp in Mongolia was 63.43 billion constant 2021 international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
What is the highest gdp, ppp recorded in Mongolia?
The highest recorded value was 63.43 billion constant 2021 international $ in 2025.
What is the lowest gdp, ppp recorded in Mongolia?
The lowest recorded value was 11.18 billion constant 2021 international $ in 1993.
How does Mongolia rank for gdp, ppp?
Mongolia ranks 115th out of 199 countries with data for 2025.
Is gdp, ppp rising or falling in Mongolia?
Over the last ten years it is up 50.0%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GDP, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.

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CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
GDP, PPP (constant 2021 international $)
Unit
constant 2021 international $
Source
International Comparison Program (ICP), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 8,669 data points, 1990–2025
Last refreshed

This indicator provides values for gross domestic product (GDP) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.