The Gross Domestic Product (GDP) in Mongolia was worth 13.14 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Mongolia represents 0.01 percent of the world economy. source: World Bank
GDP in Mongolia averaged 4.89 USD Billion from 1981 until 2020, reaching an all time high of 14 USD Billion in 2019 and a record low of 0.77 USD Billion in 1993. This page provides - Mongolia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia GDP - values, historical data and charts - was last updated on July of 2021.
GDP in Mongolia is expected to reach 13.70 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia GDP is projected to trend around 14.00 USD Billion in 2022, according to our econometric models.