mn Mongolia 2019

Detailed economic analysis and indicators for 2019

Year 2019

Key Economic Indicators (2019)

GDP (Current USD)

$14.21 billion

↑ 7.80% vs 2018
GDP per Capita

$4,347.55

↑ 5.84% vs 2018
GDP Growth (Annual %)

5.60%

↓ 2.14pp vs 2018
Inflation Rate (CPI %)

7.30%

↑ 0.48pp vs 2018

Year-over-Year Comparison

Indicator 2018 2019 Change
GDP (Current USD) $13.18 billion $14.21 billion +7.80%
GDP per Capita $4,107.64 $4,347.55 +5.84%
GDP Growth (Annual %) 7.74% 5.60% -2.14pp
Inflation (CPI %) 6.82% 7.30% +0.48pp
Unemployment Rate (%) 5.38% 9.27% +3.89pp

All Economic Indicators (2019)

National Accounts
GDP (Current USD)
$14.21 billion
GDP per Capita
$4,347.55
GDP Growth (Annual %)
5.60%
Gross National Income
$12.63 billion
Prices & Employment
Inflation (CPI %)
7.30%
Inflation (GDP Deflator %)
9.97%
Unemployment Rate (%)
9.27%
Interest Rate (Real %)
6.39%
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)
-15.22%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2019, Mongolia's Gross Domestic Product (GDP) is $14.21 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Mongolia for 2019 is $4,347.55. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Mongolia for 2019 is 7.30%. This measures the annual percentage change in the cost of consumer goods and services.

Mongolia's annual GDP growth rate for 2019 is 5.60%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Mongolia for 2019 is 9.27%. This represents the percentage of the labor force that is unemployed and actively seeking employment.