Mongolia GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Mongolia expanded 11.70 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Mongolia averaged 6.07 Percent from 1991 until 2013, 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 Annual Growth Rate in Mongolia is reported by the National Statistical Office of Mongolia.
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Mongolia's services sector is the largest relative to GDP, accounting for 48 percent. However, industry has been expanding heavily in the past years, contributing the most to economic growth and accounting for 37 percent of total output. Finally, agriculture makes up for 15 percent of total GDP. This page provides - Mongolia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.