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 11.181 US Dollar per capita. The GDP in Mongolia reached 4.340 US Dollar per capita. The gross national product has been at 3.790 US Dollar per capita. Mongolia is one of the smaller economies and is currently ranked 131.
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.Back to overview: Mongolia