Mongolia GDP Growth

GDP Growth Rate

Year -

7.02%

In 2023, Mongolia experienced a significant an increase in its GDP growth rate, which rise to 7.02% from 5.03% in 2022. Additionally, the GDP per capita growth rate in Mongolia increase to 5.51% in 2023, compared to 3.47% in 2022.

Mongolia GDP Growth

In 2023, Mongolia experienced a increase in economic performance, with the GDP growth rate rising by 1.99%. Additionally, the GDP per capita growth rate increase by 2.04%.

Mongolia Annual GDP Growth Table

Source: Worldbank Growth Growth Capita

Mongolia Annual GDP Growth
YearGDP GrowthNet ChgGDP Capita GrowthNet Chg
1961----
1962----
1963----
1964----
1965----
1966----
1967----
1968----
1969----
1970----
1971----
1972----
1973----
1974----
1975----
1976----
1977----
1978----
1979----
1980----
1981----
19828.34-5.75-
19835.83%-2.51%3.28%-2.47%
19845.93%0.10%3.34%0.06%
19855.71%-0.22%3.06%-0.28%
19869.37%3.66%6.59%3.53%
19873.46%-5.91%0.82%-5.77%
19885.11%1.65%2.46%1.64%
19894.18%-0.93%1.87%-0.59%
1990-3.18%-7.36%-5%-6.87%
1991-8.69%-5.51%-10.3%-5.30%
1992-9.26%-0.57%-10.73%-0.43%
1993-3.17%6.09%-4.61%6.12%
19942.13%5.30%0.75%5.36%
19956.38%4.25%5.06%4.31%
19962.24%-4.14%1.08%-3.98%
19973.9%1.66%2.82%1.74%
19983.34%-0.56%2.34%-0.48%
19993.07%-0.27%2.08%-0.26%
20001.15%-1.92%0.22%-1.86%
20012.95%1.80%2.05%1.83%
20024.73%1.78%3.81%1.76%
20037%2.27%6.08%2.27%
200410.63%3.63%9.69%3.61%
20057.25%-3.38%6.36%-3.33%
20068.56%1.31%7.63%1.27%
200710.25%1.69%9.22%1.59%
20088.9%-1.35%7.73%-1.49%
2009-1.27%-10.17%-2.48%-10.21%
20106.37%7.64%4.96%7.44%
201117.29%10.92%15.52%10.56%
201212.32%-4.97%10.37%-5.15%
201311.65%-0.67%9.58%-0.79%
20147.89%-3.76%5.74%-3.84%
20152.38%-5.51%0.24%-5.50%
20161.49%-0.89%-0.68%-0.92%
20175.64%4.15%3.37%4.05%
20187.74%2.10%5.43%2.06%
20195.6%-2.14%3.37%-2.06%
2020-4.56%-10.16%-6.35%-9.72%
20211.64%6.20%0.01%6.36%
20225.03%3.39%3.47%3.46%
20237.02%1.99%5.51%2.04%