The Gross Domestic Product (GDP) in Mongolia was worth 15.29 billion US dollars in 2021, 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 5.16 USD Billion from 1981 until 2021, reaching an all time high of 15.29 USD Billion in 2021 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 March of 2023.
GDP in Mongolia is expected to reach 16.21 USD Billion by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia GDP is projected to trend around 18.69 USD Billion in 2024 and 21.54 USD Billion in 2025, according to our econometric models.