Mongolia GDP Growth Rate  1991-2016 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Mongolia expanded 3.10 percent in the first quarter of 2016 over the same quarter last year. GDP Growth Rate in Mongolia averaged 5.76 percent from 1991 until 2016, reaching an all time high of 17.50 percent in the fourth quarter of 2011 and a record low of -9.30 percent in the fourth quarter of 1992. GDP Growth Rate in Mongolia is reported by the National Statistical Office of Mongolia.

Mongolia GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.10 2.30 17.50 -9.30 1991 - 2016 percent Quarterly
Mongolia is a transition economy in Central Asia. Despite economic reforms and strong GDP growth in the last few years, 30% of the population still lives below the poverty line. Mongolia's economy is centered on mining and livestock agriculture. The nation is rich in mineral resources with copper, coal, molybdenum, tin, tungsten, and gold being the most important. Mongolia is the world's biggest producer of cashmere. This page provides - Mongolia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2016.


Mongolia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 3.10 2.30 17.50 -9.30 percent [+]
GDP Annual Growth Rate 3.10 2.30 17.50 -9.30 percent [+]
GDP 11.76 12.22 12.58 0.77 USD Billion [+]
Gross Fixed Capital Formation 360691.70 1047720.70 2053778.90 328910.20 MNT Million [+]
GDP per capita 3943.90 3920.67 3943.90 1363.65 USD [+]
GDP per capita PPP 11470.90 11403.35 11470.90 3966.20 USD [+]
Gross National Product 21048453.80 20420074.30 21048453.80 12585.90 MNT Million [+]
Gdp Constant Prices 3008139.60 4544800.20 4544800.20 1711157.40 MNT Million [+]
Gdp From Agriculture 121541.90 392013.80 940123.20 45958.52 MNT Million [+]
Gdp From Construction 38015.00 201047.20 310564.10 5816.01 MNT Million [+]
Gdp From Manufacturing 138939.20 271628.80 278325.20 120048.10 MNT Million [+]
Gdp From Mining 818860.70 1253235.40 1253235.40 395477.20 MNT Million [+]
Gdp From Services 818330.30 695392.70 880532.80 503792.82 MNT Million [+]
Gdp From Transport 211578.00 375329.70 375329.70 122199.13 MNT Million [+]
Gdp From Utilities 90448.00 88038.90 90448.00 39620.78 MNT Million [+]




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