Mongolia GDP Per Capita (2026)
Mongolia has a resource-based economy supported by mining, livestock, agriculture, construction, transport, trade, and services. GDP per capita provides a useful measure of how the country’s substantial mineral production compares with its relatively small population and helps place overall economic output into a per-person context. Explore Mongolia’s latest GDP per capita data, historical trends, growth patterns, and economic comparisons below.
GDP Per Capita 2026
$7,853
Est. in USD
World Rank
#102
Out of 195 countries
Change vs 2025
+10.9%
+$774
Asia Rank
#23
Out of 49 countries
1. Mongolia GDP Per Capita in 2026
Mongolia’s GDP per capita reflects economic production generated for each resident, with coal, copper, gold, and other mineral resources contributing significantly to national output. Adjusting total GDP for population provides a standardized measure that makes comparisons with larger economies more meaningful. The indicator also helps show how resource development translates into economic output per person.
2. Mongolia GDP Per Capita Growth (1990–2026)
3. Mongolia GDP Per Capita (Historical Data)
| Year | GDP Per Capita (USD) | Annual Change |
|---|---|---|
| 2026 | $7,853 | +10.9% |
| 2025 | $7,079 | +5.5% |
| 2024 | $6,712 | +15.8% |
| 2023 | $5,796 | +16.9% |
| 2022 | $4,959 | +10.6% |
| 2021 | $4,483 | +13.1% |
| 2020 | $3,965 | -8.0% |
| 2019 | $4,309 | +5.7% |
| 2018 | $4,078 | +12.9% |
| 2017 | $3,613 | +1.1% |
| 2016 | $3,575 | -5.9% |
| 2015 | $3,800 | -6.9% |
| 2014 | $4,081 | -5.0% |
| 2013 | $4,294 | +0.3% |
| 2012 | $4,281 | +15.6% |
| 2011 | $3,702 | +42.3% |
| 2010 | $2,602 | +54.1% |
| 2009 | $1,688 | -20.0% |
| 2008 | $2,109 | +30.5% |
| 2007 | $1,616 | +22.2% |
| 2006 | $1,322 | +33.7% |
| 2005 | $989 | +25.2% |
| 2004 | $790 | +23.6% |
| 2003 | $639 | +12.9% |
| 2002 | $566 | +8.6% |
| 2001 | $521 | +10.1% |
| 2000 | $473 | +6.1% |
| 1999 | $446 | -7.3% |
| 1998 | $481 | -6.1% |
| 1997 | $512 | -13.5% |
| 1996 | $592 | -8.5% |
| 1995 | $647 | +54.4% |
| 1994 | $419 | +19.0% |
| 1993 | $352 | -51.2% |
| 1992 | $722 | -45.5% |
| 1991 | $1,325 | +2.8% |
| 1990 | $1,289 | — |
4. Mongolia GDP Per Capita Growth
1-Year Change
+10.9%
(2025 to 2026)
5-Year Change
+75.2%
(2021 to 2026)
10-Year Change
+119.7%
(2016 to 2026)
20-Year Change
+494.0%
(2006 to 2026)
Mongolia’s GDP per capita can fluctuate considerably as commodity prices, mining production, investment, exchange rates, inflation, and external demand change. The economy’s dependence on resource exports can produce strong cycles in national output. Historical data helps illustrate how mining booms, slowdowns, and infrastructure development have affected production per resident over time.
5. Mongolia GDP Per Capita vs Asia and World
Mongolia
$7,853
Asia Average
$19,139
World Average
$25,179
$0
$12,590
$25,179
USD
Mongolia’s GDP per capita is approximately
59.0%
below the
Asia average
and
68.8%
below the world average.
6. Mongolia GDP Per Capita Ranking in Asia
| Rank | Country | GDP Per Capita (USD) |
|---|---|---|
| #20 | Georgia | $11,574 |
| #21 | Armenia | $10,410 |
| #22 | Thailand | $8,105 |
| #23 | Mongolia | $7,853 |
| #24 | Azerbaijan | $7,467 |
| #25 | Lebanon | $6,443 |
| #26 | Iraq | $5,677 |
7. GDP vs GDP Per Capita in Mongolia
Mongolia GDP (Nominal)
$28.5 Billion
(2026)
Mongolia GDP Per Capita
$7,853
(2026)
Mongolia’s total GDP measures the full scale of economic activity generated nationwide, while GDP per capita adjusts that output for population. Total GDP highlights the importance of mining within the economy, whereas GDP per capita provides a population-adjusted measure of economic production. Looking at both indicators together gives a broader view of national economic performance.
Explore more:
Mongolia GDP
8. Mongolia GDP Per Capita Forecast
| Year | GDP Per Capita (USD) | Change |
|---|---|---|
| 2027 | $8,356 | +6.4% |
| 2028 | $8,866 | +6.1% |
| 2029 | $9,405 | +6.1% |
| 2030 | $9,975 | +6.1% |
Mongolia GDP per capita is projected to reach $9,975 by 2030, representing a 27.0% increase from the 2026 level.
9. Mongolia GDP Per Capita: Key Findings
Mongolia GDP per capita is estimated at $7,853 in 2026.
It ranks #102 globally and #23 in Asia.
GDP per capita increased by 10.9% compared with 2025.
Over the last 5 years, GDP per capita grew by 75.2%.
Over the last 10 years, GDP per capita grew by 119.7%.
It is approximately 59.0% below the Asia average.
It is approximately 68.8% below the world average.
The forecast reaches $9,975 by 2030, 27.0% above the 2026 level.
10. What Is GDP Per Capita?
GDP per capita is the total economic output of a country divided by its population.
GDP Per Capita
=
GDP
÷
Population
It helps measure the average economic output per person and is widely used to compare economic performance across countries. Higher values generally indicate greater economic output per resident.
11. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Sources:
World Bank,
United Nations
Population Source:
UN Population Division
Currency:
Current USD (Nominal)
Update Frequency:
Annually
Last Updated:
September 2026
12. Mongolia GDP Per Capita FAQs
Mongolia GDP per capita is estimated at $7,853 in 2026.
Mongolia ranks #102 globally and #23 in Asia by GDP per capita.
Yes. GDP per capita increased by approximately 10.9% compared with 2025.
Mongolia GDP per capita was approximately $3,800 in 2015.
Mongolia GDP per capita is approximately 59.0% below the Asia average.
14. Explore GDP Per Capita
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.