Mongolia
GDP growth in Mongolia
GDP growth in Mongolia: 6.4% a year in 1980 and 6.8% a year in 2025, by IMF estimates.
- Latest, 2025
- 6.8% a year
- Since 1980
- +0.4 percentage points
- Rank, 2025
- 17 of 143
- counting from the highest
- Projected, 2031
- 5% a year
- IMF projection (World Economic Outlook, October 2026)
% a year · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 5% a year in 2031.
- The highest was 17.3% a year in 2011, the lowest -9.3% a year in 1992.
Every year
% a year · IMF
| Year | Mongolia |
|---|---|
| 2025 | 6.8 |
| 2024 | 5.1 |
| 2023 | 7.4 |
| 2022 | 5 |
| 2021 | 1.6 |
| 2020 | -4.6 |
| 2019 | 5.6 |
| 2018 | 7.7 |
| 2017 | 5.6 |
| 2016 | 1.5 |
| 2015 | 2.4 |
| 2014 | 7.9 |
| 2013 | 11.7 |
| 2012 | 12.3 |
| 2011 | 17.3 |
| 2010 | 7.3 |
| 2009 | -2.1 |
| 2008 | 7.8 |
| 2007 | 8.8 |
| 2006 | 8.2 |
| 2005 | 6.5 |
| 2004 | 9.4 |
| 2003 | 7.4 |
| 2002 | 5.3 |
| 2001 | 4.6 |
| 2000 | 1.1 |
| 1999 | 3.1 |
| 1998 | 3.3 |
| 1997 | 3.9 |
| 1996 | 2.2 |
| 1995 | 6.4 |
| 1994 | 2.1 |
| 1993 | -3.2 |
| 1992 | -9.3 |
| 1991 | -9.2 |
| 1990 | -2.5 |
| 1989 | 4.2 |
| 1988 | 5.1 |
| 1987 | 3.5 |
| 1986 | 9.4 |
| 1985 | 5.7 |
| 1984 | 5.9 |
| 1983 | 5.8 |
| 1982 | 8.3 |
| 1981 | 8.4 |
| 1980 | 6.4 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Mongolia |
|---|---|
| 2026 | 6.2 |
| 2027 | 5.9 |
| 2028 | 5.6 |
| 2029 | 5.1 |
| 2030 | 5 |
| 2031 | 5 |
Good to know
- How much the economy grew or shrank in a year, after inflation.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 143 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Mongolia in numbers
Every measure for Mongolia on one page
Health
People
Economy
Education
Politics
Conflict
Military
- Military spending0.88% of GDP in 2025
- Military spending in US dollars$214M in 2025
- Military spending per person$63 in 2025
- Military share of state spending2.5% of government spending in 2025
- Armed forces personnel18,000 people in 2020
- National power0.03% of world capability in 2022
- Armed forces, share of workers1.27% of the labour force in 2020
- Arms imports3 million TIV in 2022