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

The Gross Domestic Product (GDP) in Mongolia expanded 7.40 percent in the first quarter of 2014 over the previous quarter. GDP Growth Rate in Mongolia averaged 5.85 percent from 1991 until 2014, 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
7.40 11.70 17.50 -9.30 1991 - 2014 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 February of 2016.


Mongolia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 7.40 11.70 17.50 -9.30 percent [+]
GDP Annual Growth Rate 2.60 4.40 17.50 -9.30 percent [+]
GDP 12.02 12.55 12.55 0.77 USD Billion [+]
Gross Fixed Capital Formation 7528506.60 7529193.80 7529193.80 3364688.20 MNT Million [+]
GDP per capita 1900.97 1795.53 1900.97 655.07 USD [+]
GDP per capita PPP 11508.96 10833.04 11508.96 3966.16 USD [+]
Gross National Product 20429987.10 18091326.00 20429987.10 12585.90 MNT Million [+]




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