Mongolia | Economic Indicators


Markets Last Reference Previous Range
Currency 1975 Jul/15 1964 602 : 1991
GDP Last Reference Previous Range
GDP 11.52 USD Billion Dec/13 10.32 0.77 : 11.52
GDP Growth Rate 7.4 percent Mar/14 11.7 -9.3 : 17.5
GDP Annual Growth Rate 4.4 percent Mar/15 7.8 -9.3 : 17.5
GDP per capita 1796 USD Dec/13 1631 655 : 1796
GDP per capita PPP 9132 USD Dec/13 8297 3332 : 9132
Gross Fixed Capital Formation 7528507 MNT Million Dec/13 7529194 3364688 : 7529194
Gross National Product 20429987 MNT Million Dec/14 18091326 12586 : 20429987
Labour Last Reference Previous Range
Unemployment Rate 7.4 percent Mar/15 7.7 2.8 : 10.3
Population 2.99 Million Dec/14 2.93 0.96 : 2.99
Labor Force Participation Rate 61.5 percent Mar/15 60.3 59.2 : 64.8
Retirement Age Men 60 Jan/15 60 60 : 60
Retirement Age Women 55 Jan/15 55 55 : 55
Unemployed Persons 88636 Persons Mar/15 87028 75309 : 142861
Wages 851 MNT Thousand/Month Mar/15 844 60.9 : 851
Wages In Manufacturing 777 MNT Thousand/Month Mar/15 793 60.6 : 793
Prices Last Reference Previous Range
Inflation Rate 8 percent May/15 9.2 -1.9 : 31.9
Consumer Price Index Cpi 159 Index Points May/15 159 126 : 159
Food Inflation 4.2 percent May/15 6.2 -7.6 : 55.8
Inflation Rate Mom 0.4 percent May/15 0.9 -2.8 : 3.2
Money Last Reference Previous Range
Interest Rate 13 percent May/15 13 6.4 : 14
Banks Balance Sheet 20498827 MNT Million Apr/15 20778313 3295108 : 22582377
Central Bank Balance Sheet 4421062 MNT Million Mar/15 4897687 193449 : 8016387
Foreign Exchange Reserves 1267 USD Million Apr/15 1324 326 : 4126
Money Supply M1 1689712 MNT Million May/15 1481052 262114 : 2093198
Money Supply M2 9845826 MNT Million May/15 9704992 1145392 : 10635811
Trade Last Reference Previous Range
Balance of Trade 42.7 USD Million Apr/15 110 -310 : 249
Exports 375 USD Million Apr/15 324 62 : 650
Imports 296 USD Million Apr/15 214 77.8 : 663
Current Account -80.4 USD Million Apr/15 -76.3 -487 : 133
Current Account to GDP -27.89 percent Dec/13 -32.57 -32.57 : 6.48
Foreign Direct Investment 16607 USD Million Mar/15 16693 4950 : 16843
Gold Reserves 1.84 Tonnes Mar/15 2.86 0 : 9.92
Capital Flows -127 USD Million Mar/15 210 -217 : 2020
Crude Oil Production 23 BBL/D/1K Feb/15 23 0 : 24
Government Last Reference Previous Range
Government Budget -2 percent of GDP Dec/13 -7.7 -14.3 : 3.1
Government Debt to GDP 51.7 percent Dec/11 45.3 24.5 : 106
Credit Rating 36.25 :
Government Budget Value -244804 MNT Million Apr/15 -144576 -1130680 : 297146
Government Revenues 1677347 MNT Million Apr/15 1230793 13474 : 6145092
Government Spending 1919817 MNT Million Apr/15 1373035 21399 : 7031369
Business Last Reference Previous Range
Industrial Production 14.8 percent Dec/13 7.2 -27.71 : 15.3
Competitiveness Index 3.83 Points Jun/15 3.74 3.43 : 3.87
Competitiveness Rank 98 Jun/15 107 89 : 117
Corruption Index 39 Points Jun/14 38 27 : 43
Corruption Rank 80 Jun/14 83 43 : 120
Ease of Doing Business 72 Dec/14 76 56 : 89
Manufacturing Production 1.6 percent Apr/15 -7.1 -16 : 10.6
Mining Production 11.4 percent Apr/15 4.6 -5.1 : 19.6
Taxes Last Reference Previous Range
Corporate Tax Rate 25 percent Jan/15 25 25 : 25
Personal Income Tax Rate 10 percent Jan/15 10 10 : 10
Sales Tax Rate 10 percent Jan/15 10 10 : 10
Social Security Rate 23 percent Jan/15 23 23 : 23
Social Security Rate For Companies 13 percent Jan/15 13 13 : 13
Social Security Rate For Employees 10 percent Jan/15 10 10 : 10




Economic Indicators for Mongolia including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Mongolia economy. 7/5/2015