Gross value added at basic prices (GVA) in Mongolia
Mongolia: Gross value added at basic prices (GVA) was 29.95 trillion constant LCU in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Mongolia, 1981–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Mongolia stood at 29.95 trillion constant LCU. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 7.9% on the previous year and up 42.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in Mongolia peaked at 29.95 trillion constant LCU in 2025 and was at its lowest, 3.85 trillion constant LCU, in 1981.
That places Mongolia 26th out of 197 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.77 trillion constant LCU | 3.85 trillion constant LCU | 7.97 trillion constant LCU | 9 |
| 1990s | 6.96 trillion constant LCU | 6.31 trillion constant LCU | 7.89 trillion constant LCU | 10 |
| 2000s | 9.54 trillion constant LCU | 7.24 trillion constant LCU | 12.46 trillion constant LCU | 10 |
| 2010s | 19.39 trillion constant LCU | 12.72 trillion constant LCU | 24.78 trillion constant LCU | 10 |
| 2020s | 26.18 trillion constant LCU | 23.80 trillion constant LCU | 29.95 trillion constant LCU | 6 |
Countries ranked near Mongolia
More economy & growth data for Mongolia
- DEC alternative conversion factor 3,545 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.26 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 355.63 million current US$ (2025)
- Taxes less subsidies on products 8.52 trillion current LCU (2025)
- Taxes less subsidies on products 2.40 billion current US$ (2025)
- Net primary income (Net income from abroad) -10.09 trillion current LCU (2025)
- Net primary income (Net income from abroad) -2.85 billion current US$ (2025)
- GNI per capita 22.37 million current LCU (2025)
- GNI per capita, Atlas method 6,210 current US$ (2025)
- GNI 79.84 trillion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Mongolia?
- Gross value added at basic prices (gva) in Mongolia was 29.95 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Mongolia?
- The highest recorded value was 29.95 trillion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Mongolia?
- The lowest recorded value was 3.85 trillion constant LCU in 1981.
- How does Mongolia rank for gross value added at basic prices (gva)?
- Mongolia ranks 26th out of 197 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Mongolia?
- Over the last ten years it is up 42.6%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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 varies by country. This series is expressed in local currency units.