Mongolia’s livestock industry, once the primary engine of the economy, now faces threats from climate change and overgrazing. Despite economic reforms and strong GDP growth in the last few years, 30% of the population still lives below the poverty line. The Gross Domestic Product (GDP) in Mongolia was worth 13.85 billion US dollars in 2019, according to official data from the World Bank. Greening Growth in Mongolia. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. GDP growth (annual %) - Mongolia.
Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. {"2005":1285323.21, "2006":1395298.67, "2007":1538289.02, "2008":1675202.27, "2009":1653950.57, "2010":1759227.36, "2011":2062903.93, "2012":2317053.69, "2013":2586967.28, "2014":2790949.65, "2015":2857374.25, "2016":2890748.38, "2017":3044015.86, "2018":3255544.52, "2019":3421544.74}[{"1970":3.20, "1971":3.35, "1972":3.47, "1973":3.78, "1974":3.94, "1975":4.20, "1976":4.36, "1977":4.70, "1978":5.05, "1979":5.27, "1980":5.61, "1981":6.08, "1982":6.58, "1983":6.96, "1984":7.38, "1985":7.79, "1986":8.53, "1987":8.83, "1988":9.28, "1989":9.67, "1990":9.43, "1991":8.56, "1992":7.74, "1993":7.51, "1994":7.68, "1995":8.17, "1996":8.36, "1997":8.69, "1998":9.00, "1999":9.29, "2000":9.39, "2001":9.67, "2002":10.12, "2003":10.83, "2004":11.98, "2005":12.85, "2006":13.95, "2007":15.38, "2008":16.75, "2009":16.54, "2010":17.59, "2011":20.63, "2012":23.17, "2013":25.87, "2014":27.91, "2015":28.57, "2016":28.91, "2017":30.44, "2018":32.56, "2019":34.22}]{"1971":4.7, "1972":3.6, "1973":8.9, "1974":4.2, "1975":6.5, "1976":3.9, "1977":7.8, "1978":7.5, "1979":4.3, "1980":6.4, "1981":8.4, "1982":8.3, "1983":5.8, "1984":5.9, "1985":5.7, "1986":9.4, "1987":3.5, "1988":5.1, "1989":4.2, "1990":-2.5, "1991":-9.2, "1992":-9.5, "1993":-3.0, "1994":2.3, "1995":6.3, "1996":2.4, "1997":4.0, "1998":3.5, "1999":3.2, "2000":1.1, "2001":3.0, "2002":4.7, "2003":7.0, "2004":10.6, "2005":7.3, "2006":8.6, "2007":10.2, "2008":8.9, "2009":-1.3, "2010":6.4, "2011":17.3, "2012":12.3, "2013":11.6, "2014":7.9, "2015":2.4, "2016":1.2, "2017":5.3, "2018":6.9, "2019":5.1} The Trading Economics Application Programming Interface (API) provides direct access to our data. Mongolia gdp growth rate for 2019 was 5.10%, a 2.15% decline from 2018.
Mongolia's economy is centered on mining and livestock agriculture. The nation is rich in mineral resources with copper, coal, molybdenum, tin, tungsten, and gold being the most important. Mongolia GDP (Gross Domestic Product) was INT$34.22billion for 2019 in PPP terms. The most unreliable economic data is produced in Argentina which has manipulated inflation and GDP statistics since 2007.
World Bank national accounts data, and OECD National Accounts data files. Mongolia gdp … Missing data, out of date base years, disputed population data and the size of the unrecorded informal economy means that international rankings of countries in terms of GDP and GDP per capita are meaningless.The quality of economic data across Asia-Pacific region varies considerably across countries, mainly as a result of lack of statistical capacity.The use of different national income standards across Europe has an impact on cross-country comparability and in some cases leads to an underestimation of GDP. Mongolia is the world's biggest producer of cashmere.
Also Show. None; Aggregates; Same region; Similar values; Highest values; Lowest values; Share Details. December 10, 2019. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. GDP Growth Rate in Mongolia averaged 5.45 percent from 1991 until 2018, reaching an all time high of 17.50 percent in the fourth quarter of 2011 and a record low of -9.30 percent in the fourth quarter of 1992.
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