Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). © 2020 CEIC Data, an ISI Emerging Markets Group Company. ; CIA World Factbook 2010, 2011, 2012, 2013; CIA World Factbooks 18 December 2003 to 28 March 2011. The country holds copper, gold, coal, molybdenum, fluorspar, uranium, tin, and tungsten deposits, which account for a large part of foreign direct investment and government revenues. GDP per capita in Mongolia averaged 2247.42 USD from 1981 until 2019, reaching an all time high of 4350.20 USD in 2019 and a record low of 1363.70 USD in 1993. Global data and statistics, research and publications, and topics in poverty and development. SOURCES: Economic activity in Mongolia has traditionally been based on herding and agriculture - Mongolia's extensive mineral deposits, however, have attracted foreign investors. Publish your articles and forecasts in our website. Female share of employment in senior and middle management (%) n.a. Mongolia GDP Per Capita data is updated yearly, available from Dec 1991 to Dec 2019, with an average number of 1,295.677 USD. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading. To learn more about cookies, click here. Watch this video to learn more about the lending terms to Mongolia. Publish your articles and forecasts in our website. Environmental and Social Policies for Projects, Mongolia: Mining Infrastructure Investment Support (MINIS) Project, Mongolia and the World Bank Group (PDF, 2.2MB). This site uses cookies to optimize functionality and give you the best possible experience. Download historical data for 20 million indicators using your browser. License: CC BY-4.0 Line Bar Map. Mongolia GDP (Gross Domestic Product) was INT$34.22billion for 2019 in PPP terms. Mongolia GDP Per Capita data is updated yearly, available from Dec 1991 to Dec 2019, with an average number of 1,295.677 USD. None; Aggregates; Same region; Similar values; Highest values; Lowest values; Share Details. The Bank of Mongolia average market exchange rate is used for currency conversions. Country Manager for Mongolia, East Asia & Pacific. This page is a list of the countries of the world by gross domestic product (at purchasing … The latest value from 2019 is 4350.16 U.S. dollars. Mongolia's GDP Per Capita reached 4,245.437 USD in Dec 2019, compared with 4,047.750 USD in Dec 2018. World Bank national accounts data, and OECD National Accounts data files. By late 2008, as the country began to feel the effects of the global financial crisis, falling commodity prices helped lower inflation, but also reduced government revenues and forced cuts in spending. Also Show. Mongolia gdp per capita for 2019 was $4,295, a 3.88% increase from 2018. Unlimited access tailored to your data needs, Instant access to full history data in excel. Female shares of graduates in science, technology, engineering and mathematics programmes at tertiary level (%) n.a. GDP - per capita: $13,700 (2018) $13,000 (2017 est.) Remittances from Mongolians working abroad are sizable, but have fallen due to the economic crisis; money laundering is a growing concern. None; Aggregates; Same region; Similar values; Highest values; Lowest values; Share Details. Estimated gross national income per capita, male (2011 PPP $) n.a. (see Data FAQs) Source: IMF World Economic Outlook Database We need money to operate the site, and almost all of it comes from our online advertising. $12,500 (2016 est.) If you continue to navigate this website beyond this page, cookies will be placed on your browser. Gross Savings Rate of Mongolia was measured at 30.723 % in Jun 2020. ; CIA World Factbooks 18 December 2003 to 28 March 2011. 1981-2019 Data | 2020-2022 Forecast | Historical | Chart. Over the past 25 years, Mongolia has transformed into a vibrant democracy, with treble the level of GDP per capita and increasing school enrolments, and dramatic declines in maternal mortality and child mortality. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. The World Bank Group works in every major area of development. Soviet assistance, at its height one-third of Gross domestic product (GDP), disappeared almost overnight in 1990–91, at the time of the Collapse of the Soviet Union. CIA World Factbooks 18 December 2003 to 28 March 2011; CIA World Factbooks 2010, 2011, 2012, 2013; CIA World Factbooks 2010, 2011, 2012, 2013. Mongolia joined the World Trade Organization in 1997 and seeks to expand its participation in regional economic and trade regimes. GDP > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. This was compounded by falling prices for Mongolia's primary sector exports and widespread opposition to privatization. But Only benevolent dictatorship can make Mongolia rich country . Its GDP deflator (implicit price deflator) increased 4.604 % in Jun 2020. The National Statistics Office of Mongolia provides Nominal GDP in local currency and Population.

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