Mongolia 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$11.18 billion
↓ 3.77% vs 2015GDP per Capita
$3,619.90
↓ 5.71% vs 2015GDP Growth (Annual %)
1.49%
↓ 0.89pp vs 2015Inflation Rate (CPI %)
0.73%
↓ 5.00pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $11.62 billion | $11.18 billion | -3.77% |
| GDP per Capita | $3,838.92 | $3,619.90 | -5.71% |
| GDP Growth (Annual %) | 2.38% | 1.49% | -0.89pp |
| Inflation (CPI %) | 5.74% | 0.73% | -5.00pp |
| Unemployment Rate (%) | 4.86% | 7.24% | +2.37pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $11.18 billion
- GDP per Capita
- $3,619.90
- GDP Growth (Annual %)
- 1.49%
- Gross National Income
- $10.26 billion
Prices & Employment
- Inflation (CPI %)
- 0.73%
- Inflation (GDP Deflator %)
- 2.99%
- Unemployment Rate (%)
- 7.24%
- Interest Rate (Real %)
- 16.26%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -6.26%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Mongolia's Gross Domestic Product (GDP) is $11.18 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Mongolia for 2016 is $3,619.90. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Mongolia for 2016 is 0.73%. This measures the annual percentage change in the cost of consumer goods and services.
Mongolia's annual GDP growth rate for 2016 is 1.49%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Mongolia for 2016 is 7.24%. This represents the percentage of the labor force that is unemployed and actively seeking employment.