Indicators of economy in Mongolia

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.160 US Dollar per capita. The GDP in Mongolia reached 4.295 US Dollar per capita. The gross national product has been at 3.780 US Dollar per capita.

Inflation in Mongolia was in 2019 at around 7.30%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices for convenience goods are approximately 47.80% lower.
The Corruption Perceptions Index for the public sector counts 35 and is compared to other countries bad.


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Unemployment rates in percent 1991 - 2019

Unemployment rates Mongolia

Economic performance 2019

 Mongolia
Total		Mongolia
per capita		EU
Total		EU
per capita
GDP13.85 bn USD4,295.24 USD15,592.80 tn USD30,315.74 USD
Gross national product12.18 bn USD3,777.39 USD15,985.73 tn USD31,079.69 USD


Development of the Gross domestic product in billion US Dollar 1981 - 2019


GDP Mongolia
› Development of inflation
› Corruption in Mongolia
› Cost of living in a global comparison

Im- and Exports 2019

 Mongolia
Total		Mongolia
per capita		EU
Total		EU
per capita
Exports8.42 bn USD2,609.35 USD8,590.51 bn USD16,701.80 USD
Imports9.25 bn USD2,867.81 USD8,032.20 bn USD15,616.32 USD


Development of imports and exports in million US dollars 1981 - 2019


Exports
Imports