GDP in Mongolia

Mongolia GDP | Economic News & Forecasts

Mongolia - GDP

The country’s most divisive presidential election ever saw opposition member and resource nationalist Battulga Khaltmaa become the new president. Although the run-up to the election lacked any substantive policy discussion, Khaltmaa campaigned on increasing state control in the key mining sector and reducing the country’s reliance on trade with neighboring China. His victory represents a setback to the ruling People’s Party and the government’s attempt at restarting the economy, although reforms linked to the USD 5.5 billion IMF-backed finance package are unlikely to be unwound. Meanwhile, a recent recovery in coal prices bodes well for the external sector, which has seen exports increasing at double-digit for half a year on soaring coal shipments overseas.

Mongolia - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)17.5  12.5  11.6  8.1  2.5  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Mongolia GDP Chart

Mongolia GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: National Statistical Office of Mongolia.

Mongolia Facts

Exchange Rate2,4070.21 %Jul 18

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.


Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form