Mongolia Live GDP
$21,090,944,159
GDP Added Today
$45,738,680
Mongolia GDP (2026)
LiveMongolia has a resource-rich economy centered on mining, livestock, agriculture, transportation, and services. Large reserves of copper, coal, and gold have made mineral exports the country's primary source of economic growth and foreign earnings. This page reviews Mongolia GDP statistics, historical trends, and the country's economic outlook for 2026.
GDP Growth Rate (2026)
5.30%
vs 2025
โผ โ1.50%
GDP Per Capita (2026)
$7,853
vs 2025
โฒ +$774
Global Rank (Nominal)
#124
of 218 countries
World Share
0.02%
of 2026 World GDP
Years Covered
1980โ2026
47 years
Mongolia GDP Growth (1980โ2026)
Annual real GDP growth rate (%)
Historical Highlights
1980โ2026 GDP performance summary
Highest GDP
$28.45B
Lowest GDP
$771.00M
Average Growth
4.73%
1980โ2026
Best Growth
17.30%
Weakest Growth
-9.30%
Share of World GDP (2026)
Mongolia
0.02%
United States
25.58%
China
16.47%
Germany
4.31%
Japan
3.46%
Rest of World
50.16%
Key Findings
โ
Mongolia's GDP in 2026 is $28.45B.
โ
It ranks #124 among 218 countries.
โ
Mongolia contributes 0.02% to the world economy.
โ
GDP per capita is $7,853 in 2026.
โ
The economy recorded GDP growth of 5.30% in 2026.
Historical Data
Mongolia GDP Historical Data (1980โ2026)
| 2026 | $28,450,000,000 | 5.30% | $7,853 | 0.02% | #123 |
| 2025 | $25,370,000,000 | 6.80% | $7,079 | 0.02% | #124 |
| 2024 | $23,795,000,000 | 5.10% | $6,712 | 0.02% | #123 |
| 2023 | $20,315,000,000 | 7.40% | $5,796 | 0.02% | #124 |
| 2022 | $17,146,000,000 | 5.00% | $4,959 | 0.02% | #132 |
| 2021 | $15,286,000,000 | 1.60% | $4,483 | 0.02% | #132 |
| 2020 | $13,313,000,000 | -4.60% | $3,965 | 0.02% | #134 |
| 2019 | $14,206,000,000 | 5.60% | $4,309 | 0.02% | #134 |
| 2018 | $13,207,000,000 | 7.70% | $4,078 | 0.02% | #139 |
| 2017 | $11,481,000,000 | 5.60% | $3,613 | 0.01% | #142 |
| 2016 | $11,154,000,000 | 1.50% | $3,575 | 0.01% | #139 |
| 2015 | $11,620,000,000 | 2.40% | $3,800 | 0.02% | #137 |
| 2014 | $12,227,000,000 | 7.90% | $4,081 | 0.02% | #140 |
| 2013 | $12,582,000,000 | 11.60% | $4,294 | 0.02% | #134 |
| 2012 | $12,278,000,000 | 12.30% | $4,281 | 0.02% | #133 |
| 2011 | $10,410,000,000 | 17.30% | $3,702 | 0.01% | #140 |
| 2010 | $7,185,000,000 | 7.30% | $2,602 | 0.01% | #146 |
| 2009 | $4,584,000,000 | -2.10% | $1,688 | 0.01% | #160 |
| 2008 | $5,623,000,000 | 7.80% | $2,109 | 0.01% | #153 |
| 2007 | $4,235,000,000 | 8.80% | $1,616 | 0.01% | #158 |
| 2006 | $3,414,000,000 | 8.20% | $1,322 | 0.01% | #158 |
| 2005 | $2,523,000,000 | 6.50% | $989 | 0.01% | #163 |
| 2004 | $1,992,000,000 | 9.40% | $790 | 0.00% | #169 |
| 2003 | $1,595,000,000 | 7.40% | $639 | 0.00% | #168 |
| 2002 | $1,397,000,000 | 5.30% | $566 | 0.00% | #167 |
| 2001 | $1,268,000,000 | 4.60% | $521 | 0.00% | #164 |
| 2000 | $1,137,000,000 | 1.10% | $473 | 0.00% | #165 |
| 1999 | $1,057,000,000 | 3.10% | $446 | 0.00% | #162 |
| 1998 | $1,125,000,000 | 3.30% | $481 | 0.00% | #161 |
| 1997 | $1,181,000,000 | 3.90% | $512 | 0.00% | #157 |
| 1996 | $1,348,000,000 | 2.20% | $592 | 0.00% | #155 |
| 1995 | $1,452,000,000 | 6.40% | $647 | 0.00% | #149 |
| 1994 | $926,000,000 | 2.10% | $419 | 0.00% | #150 |
| 1993 | $771,000,000 | -3.20% | $352 | 0.00% | #152 |
| 1992 | $1,566,000,000 | -9.30% | $722 | 0.01% | #136 |
| 1991 | $2,821,000,000 | -9.20% | $1,325 | 0.01% | #116 |
| 1990 | $2,678,000,000 | -2.50% | $1,289 | 0.01% | #115 |
| 1989 | $4,275,000,000 | 4.20% | N/A | 0.02% | #95 |
| 1988 | $4,104,000,000 | 5.10% | N/A | 0.02% | #94 |
| 1987 | $4,086,000,000 | 3.50% | N/A | 0.02% | #90 |
| 1986 | $3,636,000,000 | 9.40% | N/A | 0.02% | #95 |
| 1985 | $3,294,000,000 | 5.70% | N/A | 0.03% | #98 |
| 1984 | $2,837,000,000 | 5.90% | N/A | 0.02% | #103 |
| 1983 | $3,071,000,000 | 5.80% | N/A | 0.03% | #98 |
| 1982 | $2,963,000,000 | 8.30% | N/A | 0.03% | #99 |
| 1981 | $2,854,000,000 | 8.40% | N/A | 0.02% | #101 |
| 1980 | $2,728,000,000 | 6.40% | N/A | 0.02% | #98 |
Mongolia GDP Projections (IMF)
i| Year | GDP Nominal (Current USD) | GDP Growth Rate (%) | GDP Per Capita (USD) | World Share (%) | Global Rank |
|---|---|---|---|---|---|
| 2027 | $30,604,000,000 | 5.30% | $8,356 | 0.02% | #118 |
| 2028 | $32,827,000,000 | 5.20% | $8,866 | 0.02% | #118 |
| 2029 | $35,203,000,000 | 5.00% | $9,405 | 0.02% | #119 |
| 2030 | $37,744,000,000 | 5.00% | $9,975 | 0.03% | #119 |
| 2031 | $40,473,000,000 | 5.00% | $10,580 | 0.03% | #119 |
Mongolia Economy Overview
Mongolia has a resource-based economy dominated by mining, livestock, agriculture, transportation, and services. Copper, coal, gold, and other minerals account for most export earnings, making mining the country's largest economic sector. Large-scale mining projects have attracted substantial foreign investment over the past two decades.
Livestock farming remains central to rural livelihoods, producing meat, wool, cashmere, and dairy products. Transportation, finance, retail, telecommunications, and construction continue to expand alongside mining development. Mongolia's location between China and Russia also supports regional trade and logistics.
Mongolia GDP Outlook
Mongoliaโs economic outlook remains closely connected to copper, coal, gold, and demand from neighboring markets. Expansion of major mining projects could support exports, construction, government revenue, and transportation services. Renewable energy, cashmere processing, tourism, and logistics may provide additional diversification opportunities. Dependence on mineral prices, limited export routes, harsh weather, public debt, inflation, environmental pressures, and heavy reliance on trade with China remain key vulnerabilities.