Mongolia |
Gross domestic product, constant prices |
National currency |
Billions |
Source: National Statistics Office. Discrepancies rise from staff estimates based on the balance of payment data and the authorities' data on net exports at constant price.
Latest actual data: 2020
Notes: Data prior to 1991 cannot be confirmed by national sources. Data after 2000 has been rebased
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2010
Chain-weighted: No
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
19,050.462 |
18,034.015 |
18,971.783 |
20,394.667 |
21,720.320 |
23,023.540 |
24,289.834 |
25,504.326 |
2020 |
Mongolia |
Gross domestic product, constant prices |
Percent change |
|
See notes for:
Gross domestic product, constant prices (National currency).
|
5.159 |
-5.336 |
5.200 |
7.500 |
6.500 |
6.000 |
5.500 |
5.000 |
2020 |
Mongolia |
Gross domestic product, current prices |
National currency |
Billions |
Source: National Statistics Office. Discrepancies rise from staff estimates based on the balance of payment data and the authorities' data on net exports at constant price.
Latest actual data: 2020
Notes: Data prior to 1991 cannot be confirmed by national sources. Data after 2000 has been rebased
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2010
Chain-weighted: No
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
37,280.841 |
36,958.550 |
41,592.170 |
48,065.272 |
54,806.378 |
61,851.756 |
69,282.655 |
77,102.428 |
2020 |
Mongolia |
Gross domestic product, current prices |
U.S. dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
13.997 |
13.137 |
14.280 |
15.830 |
17.357 |
18.862 |
20.354 |
21.833 |
2020 |
Mongolia |
Gross domestic product, current prices |
Purchasing power parity; international dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
41.400 |
39.664 |
43.230 |
47.751 |
52.065 |
56.447 |
60.845 |
65.211 |
2020 |
Mongolia |
Gross domestic product, deflator |
Index |
|
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).
|
195.695 |
204.938 |
219.232 |
235.676 |
252.328 |
268.646 |
285.233 |
302.311 |
2020 |
Mongolia |
Gross domestic product per capita, constant prices |
National currency |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
5,778,354.929 |
5,375,814.380 |
5,560,663.397 |
5,880,513.308 |
6,163,943.936 |
6,433,868.116 |
6,687,227.565 |
6,890,666.284 |
2020 |
Mongolia |
Gross domestic product per capita, constant prices |
Purchasing power parity; 2017 international dollar |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
12,048.927 |
11,209.556 |
11,595.000 |
12,261.946 |
12,852.950 |
13,415.792 |
13,944.092 |
14,368.299 |
2020 |
Mongolia |
Gross domestic product per capita, current prices |
National currency |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
11,307,963.806 |
11,017,086.848 |
12,190,738.933 |
13,858,940.150 |
15,553,335.829 |
17,284,311.826 |
19,074,188.496 |
20,831,254.286 |
2020 |
Mongolia |
Gross domestic product per capita, current prices |
U.S. dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
4,245.462 |
3,916.086 |
4,185.536 |
4,564.450 |
4,925.576 |
5,270.879 |
5,603.762 |
5,898.815 |
2020 |
Mongolia |
Gross domestic product per capita, current prices |
Purchasing power parity; international dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
12,557.451 |
11,823.441 |
12,670.714 |
13,768.341 |
14,775.353 |
15,773.899 |
16,751.208 |
17,618.492 |
2020 |
Mongolia |
Gross domestic product based on purchasing-power-parity (PPP) share of world total |
Percent |
|
See notes for:
Gross domestic product, current prices (National currency).
|
0.031 |
0.030 |
0.030 |
0.031 |
0.032 |
0.032 |
0.033 |
0.034 |
2020 |
Mongolia |
Implied PPP conversion rate |
National currency per current international dollar |
|
See notes for:
Gross domestic product, current prices (National currency).
|
900.498 |
931.800 |
962.119 |
1,006.580 |
1,052.654 |
1,095.754 |
1,138.675 |
1,182.352 |
2020 |
Mongolia |
Total investment |
Percent of GDP |
|
Source: National Statistics Office. Discrepancies rise from staff estimates based on the balance of payment data and the authorities' data on net exports at constant price.
Latest actual data: 2020
Notes: Data prior to 1991 cannot be confirmed by national sources. Data after 2000 has been rebased
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2010
Chain-weighted: No
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
39.539 |
24.555 |
39.001 |
41.030 |
39.018 |
33.833 |
32.919 |
31.675 |
2020 |
Mongolia |
Gross national savings |
Percent of GDP |
|
Source: National Statistics Office. Discrepancies rise from staff estimates based on the balance of payment data and the authorities' data on net exports at constant price.
Latest actual data: 2020
Notes: Data prior to 1991 cannot be confirmed by national sources. Data after 2000 has been rebased
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2010
Chain-weighted: No
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
24.094 |
19.420 |
30.485 |
27.776 |
28.237 |
25.495 |
24.476 |
23.241 |
2020 |
Mongolia |
Inflation, average consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2015
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
120.408 |
124.883 |
131.627 |
141.170 |
151.405 |
161.625 |
171.726 |
182.030 |
2020 |
Mongolia |
Inflation, average consumer prices |
Percent change |
|
See notes for:
Inflation, average consumer prices (Index).
|
7.260 |
3.717 |
5.400 |
7.250 |
7.250 |
6.750 |
6.250 |
6.000 |
2020 |
Mongolia |
Inflation, end of period consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2015
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
122.000 |
124.800 |
133.536 |
143.551 |
153.600 |
163.584 |
173.399 |
183.803 |
2020 |
Mongolia |
Inflation, end of period consumer prices |
Percent change |
|
See notes for:
Inflation, end of period consumer prices (Index).
|
5.172 |
2.295 |
7.000 |
7.500 |
7.000 |
6.500 |
6.000 |
6.000 |
2020 |
Mongolia |
Volume of imports of goods and services |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 2010
Methodology used to derive volumes: Data are compiled from customer declaration.
Formula used to derive volumes: Data are compiled from customer declaration.
Chain-weighted: No. Data are compiled from customer declaration.
Trade System: General trade
Excluded items in trade: In transit; Other;. goods on temporary admission e.g. exports and imports related to trade fairs and exhibitions, goods on less than one year operational lease, goods on repair, gold shipped by BOM for refining,
Oil coverage: Primary or unrefined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
6.146 |
-13.075 |
11.351 |
15.441 |
6.017 |
4.047 |
4.784 |
4.091 |
2020 |
Mongolia |
Volume of Imports of goods |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 2010
Methodology used to derive volumes: Data are compiled from customer declaration.
Formula used to derive volumes: Data are compiled from customer declaration.
Chain-weighted: No. Data are compiled from customer declaration.
Trade System: General trade
Excluded items in trade: In transit; Other;. goods on temporary admission e.g. exports and imports related to trade fairs and exhibitions, goods on less than one year operational lease, goods on repair, gold shipped by BOM for refining,
Oil coverage: Primary or unrefined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
5.469 |
-5.157 |
13.649 |
10.794 |
5.421 |
3.006 |
3.618 |
3.058 |
2020 |
Mongolia |
Volume of exports of goods and services |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 2010
Methodology used to derive volumes: Data are compiled from customer declaration.
Formula used to derive volumes: Data are compiled from customer declaration.
Chain-weighted: No. Data are compiled from customer declaration.
Trade System: General trade
Excluded items in trade: In transit; Other;. goods on temporary admission e.g. exports and imports related to trade fairs and exhibitions, goods on less than one year operational lease, goods on repair, gold shipped by BOM for refining,
Oil coverage: Primary or unrefined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
6.279 |
-15.062 |
-2.889 |
11.685 |
12.446 |
7.763 |
4.928 |
4.135 |
2020 |
Mongolia |
Volume of exports of goods |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 2010
Methodology used to derive volumes: Data are compiled from customer declaration.
Formula used to derive volumes: Data are compiled from customer declaration.
Chain-weighted: No. Data are compiled from customer declaration.
Trade System: General trade
Excluded items in trade: In transit; Other;. goods on temporary admission e.g. exports and imports related to trade fairs and exhibitions, goods on less than one year operational lease, goods on repair, gold shipped by BOM for refining,
Oil coverage: Primary or unrefined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
6.090 |
-9.009 |
-5.704 |
12.090 |
12.808 |
7.996 |
4.865 |
4.048 |
2020 |
Mongolia |
Unemployment rate |
Percent of total labor force |
|
Source: National Statistics Office
Latest actual data: 2020
Notes: Unemployment rate is now new data series changed from the one referred to as registered unemployment rate.
Employment type: National definition
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
10.000 |
7.500 |
6.750 |
6.075 |
5.468 |
5.000 |
5.000 |
5.000 |
2020 |
Mongolia |
Population |
Persons |
Millions |
Source: National Statistics Office
Latest actual data: 2020
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
3.297 |
3.355 |
3.412 |
3.468 |
3.524 |
3.578 |
3.632 |
3.701 |
2020 |
Mongolia |
General government revenue |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Local Government; Social Security Funds; Other;
Valuation of public debt: Face value
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
12,000.009 |
10,402.936 |
14,023.544 |
15,499.672 |
17,527.181 |
19,553.193 |
21,574.752 |
23,645.504 |
2020 |
Mongolia |
General government revenue |
Percent of GDP |
|
See notes for:
General government revenue (National currency).
|
32.188 |
28.148 |
33.717 |
32.247 |
31.980 |
31.613 |
31.140 |
30.668 |
2020 |
Mongolia |
General government total expenditure |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Local Government; Social Security Funds; Other;
Valuation of public debt: Face value
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
11,698.415 |
14,008.656 |
16,352.654 |
16,323.268 |
18,571.292 |
21,207.411 |
23,951.174 |
27,141.792 |
2020 |
Mongolia |
General government total expenditure |
Percent of GDP |
|
See notes for:
General government total expenditure (National currency).
|
31.379 |
37.904 |
39.317 |
33.961 |
33.885 |
34.287 |
34.570 |
35.202 |
2020 |
Mongolia |
General government net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Local Government; Social Security Funds; Other;
Valuation of public debt: Face value
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
301.594 |
-3,605.720 |
-2,329.110 |
-823.596 |
-1,044.111 |
-1,654.218 |
-2,376.421 |
-3,496.288 |
2020 |
Mongolia |
General government net lending/borrowing |
Percent of GDP |
|
See notes for:
General government net lending/borrowing (National currency).
|
0.809 |
-9.756 |
-5.600 |
-1.713 |
-1.905 |
-2.674 |
-3.430 |
-4.535 |
2020 |
Mongolia |
General government primary net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Local Government; Social Security Funds; Other;
Valuation of public debt: Face value
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
1,199.289 |
-2,598.064 |
-1,396.116 |
57.270 |
-347.514 |
-922.015 |
-1,700.927 |
-2,612.948 |
2020 |
Mongolia |
General government primary net lending/borrowing |
Percent of GDP |
|
See notes for:
General government primary net lending/borrowing (National currency).
|
3.217 |
-7.030 |
-3.357 |
0.119 |
-0.634 |
-1.491 |
-2.455 |
-3.389 |
2020 |
Mongolia |
General government gross debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Local Government; Social Security Funds; Other;
Valuation of public debt: Face value
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
25,514.305 |
28,441.050 |
32,320.801 |
33,963.650 |
36,261.961 |
39,250.008 |
42,738.350 |
47,410.499 |
2020 |
Mongolia |
General government gross debt |
Percent of GDP |
|
See notes for:
General government gross debt (National currency).
|
68.438 |
76.954 |
77.709 |
70.662 |
66.164 |
63.458 |
61.687 |
61.490 |
2020 |
Mongolia |
Gross domestic product corresponding to fiscal year, current prices |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Local Government; Social Security Funds; Other;
Valuation of public debt: Face value
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
37,280.841 |
36,958.550 |
41,592.170 |
48,065.272 |
54,806.378 |
61,851.756 |
69,282.655 |
77,102.428 |
2020 |
Mongolia |
Current account balance |
U.S. dollars |
Billions |
Source: Central Bank
Latest actual data: 2020
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6). The data is BPM6, but we use BPM5 presentation in our files/tables. This is because some of the series that we forecast(and are important for MNG such as loan disbursement and amortization) are not available under the BPM6 presentation. The BPM6 submission template is mainly used to change the presentation (for example the changed signs in FA). Just to clarify, we are referring to data from 2016 onward.
Primary domestic currency: Mongolian tögrög
Data last updated: 07/2021
|
-2.162 |
-0.675 |
-1.216 |
-2.098 |
-1.871 |
-1.573 |
-1.718 |
-1.842 |
2020 |
Mongolia |
Current account balance |
Percent of GDP |
|
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).
|
-15.444 |
-5.135 |
-8.516 |
-13.254 |
-10.781 |
-8.338 |
-8.443 |
-8.435 |
2020 |