Mongolia 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$13.31 billion
↓ 6.29% vs 2019GDP per Capita
$4,001.25
↓ 7.97% vs 2019GDP Growth (Annual %)
-4.56%
↓ 10.16pp vs 2019Inflation Rate (CPI %)
3.80%
↓ 3.51pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $14.21 billion | $13.31 billion | -6.29% |
| GDP per Capita | $4,347.55 | $4,001.25 | -7.97% |
| GDP Growth (Annual %) | 5.60% | -4.56% | -10.16pp |
| Inflation (CPI %) | 7.30% | 3.80% | -3.51pp |
| Unemployment Rate (%) | 9.27% | 6.59% | -2.68pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $13.31 billion
- GDP per Capita
- $4,001.25
- GDP Growth (Annual %)
- -4.56%
- Gross National Income
- $12.05 billion
Prices & Employment
- Inflation (CPI %)
- 3.80%
- Inflation (GDP Deflator %)
- 3.71%
- Unemployment Rate (%)
- 6.59%
- Interest Rate (Real %)
- 12.75%
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)
- -5.07%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Mongolia's Gross Domestic Product (GDP) is $13.31 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Mongolia for 2020 is $4,001.25. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Mongolia for 2020 is 3.80%. This measures the annual percentage change in the cost of consumer goods and services.
Mongolia's annual GDP growth rate for 2020 is -4.56%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Mongolia for 2020 is 6.59%. This represents the percentage of the labor force that is unemployed and actively seeking employment.