GDP grew by about 6% in 1995, thanks to largely to a boom in copper prices. Average real economic growth leveled off to about 3.5% in 1996–99 due to the Asian financial crisis, the 1998 Russian financial crisis, and worsening commodity prices, especially copper and gold.

GDP (current US$) - Mongolia. World Bank national accounts data, and OECD National Accounts data files. License: CC BY-4.0 ...

The Gross Domestic Product (GDP) in Mongolia was worth 19.87 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Mongolia represents 0.02 percent of the world economy.

Mongolia gdp for 2022 was $17.15B, a 12.17% increase from 2021. Mongolia gdp for 2021 was $15.29B , a 14.82% increase from 2020. Mongolia gdp for 2020 was $13.31B , a 6.29% decline from 2019.

GDP growth (annual %) - Mongolia. World Bank national accounts data, and OECD National Accounts data files. License: CC BY-4.0 ...

Mongolia Global Economic Prospects examines trends for the world economy and how they affect developing countries. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets.

World Economics estimates Mongolia's 2024 GDP at $77 billion in PPP terms (Purchasing Power Parity) and an initial estimate of $82 billion for 2025. This figure is 29% higher than the official estimate published by the World Bank.

Gross Domestic Product of Mongolia grew 7.4% in 2023 compared to last year. This rate is 24 -tenths of one percent higher than the figure of 5% published in 2022. The GDP figure in 2023 was $20,315 million, Mongolia is number 124 in the ranking of GDP of …

Worldwide gross domestic product in 2023 was at about 13,164 USD per capita. GDP in Mongolia, on the other hand, reached USD 5,839 per capita, or 20.33 billion USD for the whole country. Mongolia is one of the smaller economies and is currently ranked 123.

Nominal (current) Gross Domestic Product (GDP) of Mongolia is $16,810,883,361 (USD) as of 2022. Real GDP (constant, inflation adjusted) of Mongolia reached $12,457,761,005 in 2022. GDP Growth Rate in 2022 was 4.85%, representing a change of 666,310,233 US$ over 2021, when Real GDP was $13,749,955,734.