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Mongolia

Mongolia

Mongolia is a landlocked country in East Asia, bordered by Russia to the north and China to the south. It covers an area of 1,564,116 square kilometres (603,909 square miles), with a population of 3.5 million, making it the world's most sparsely populated sovereign state. Mongolia is the world's largest landlocked country that does not border a closed sea, and much of its area is covered by grassy steppe, with mountains to the north and west and the Gobi Desert to the south. Ulaanbaatar, the capital and largest city, is home to roughly half of the country's population. The territory of modern-day Mongolia has been ruled by various nomadic empires, including the Xiongnu, the Xianbei, the Rouran, the First Turkic Khaganate, the Second Turkic Khaganate, the Uyghur Khaganate and others. In 1206, Genghis Khan founded the Mongol Empire, which became the largest contiguous land empire in history. His grandson Kublai Khan conquered China proper and established the Yuan dynasty. After the collapse of the Yuan, the Mongols retreated to Mongolia and resumed their earlier pattern of factional conflict, except during the era of Dayan Khan and Tumen Zasagt Khan. In the 16th century, Tibetan Buddhism spread to Mongolia, ... [More]
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Mongolia Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
USD/MNT Ask 2925 - 2925 2925 0.00 0.00% 2023/09/27 Time 20:01
CAD/MNT Ask 2585.6127 - 2585.6127 2590.7688 0.00 0.00% 2023/05/03 Time 16:17
CNY/MNT Ask 510.2 - 510.2 510.2 0.00 0.00% 2023/05/03 Time 15:38

Mongolia Indices

Indicator Value Previous Low High Change Change % Time Chart
MNE Top 20 51925.4 - 51925.4 51925.4 1078.33 2.12% 2025/03/19 Time 12:20

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Metric
Balance of Trade
248 25 Feb 46.2 USD Million
Banks Balance Sheet
66098575 25 Jan 71423509 MNT Million
CPI Housing Utilities
159 25 Jan 158 points
CPI Transportation
134 25 Jan 134 points
Capital Flows
10.7 25 Jan -1032 USD Million
Central Bank Balance Sheet
19400829 25 Jan 23881106 MNT Million
Changes in Inventories
1210226 24 Dec 1024917 MNT Million
Construction PMI
47.8 24 Dec 45.2 points
Consumer Price Index CPI
154 25 Jan 152 points
Consumer Spending
5738647 24 Dec 6003128 MNT Million
Corporate Tax Rate
25 25 Dec 25 percent
Corruption Index
33 24 Dec 33 Points
Corruption Rank
114 24 Dec 121
Credit Rating
31 25 Mar
Crude Oil Production
14 24 Nov 14 BBL/D/1K
Currency
3476 25 Mar 3474
Current Account
-522 25 Jan -594 USD Million
Current Account to GDP
-6.9 24 Dec 0.6 percent of GDP
Deposit Interest Rate
11.83 25 Jan 11.8 percent
Electricity Production
828 25 Jan 838 Gigawatt-hour
Employed Persons
1353388 24 Dec 1360306
Employment Rate
58.9 24 Dec 59.2 percent
Exports
986 25 Feb 1019 USD Million
External Debt
3711732 24 Dec 3563930 USD Thousand
Fiscal Expenditure
2428695 25 Feb 2160894 MNT Million
Food Inflation
9.5 25 Feb 9.2 percent
Foreign Direct Investment
33059128 24 Dec 32354632 USD Million
Foreign Exchange Reserves
4884 25 Jan 5510 USD Million
Full Year GDP Growth
4.9 24 Dec 7.4 percent
GDP
20.33 23 Dec 17.15 USD Billion
GDP Annual Growth Rate
4.9 24 Dec 5 percent
GDP Constant Prices
9225350 24 Dec 8409396 MNT Million
GDP from Agriculture
470685 24 Dec 847299 MNT Million
GDP from Construction
576036 24 Dec 200881 MNT Million
GDP from Manufacturing
1026793 24 Dec 528748 MNT Million
GDP from Mining
1243002 24 Dec 1173400 MNT Million
GDP from Services
2663429 24 Dec 2377020 MNT Million
GDP from Transport
833496 24 Dec 671407 MNT Million
GDP from Utilities
260659 24 Dec 145038 MNT Million
GDP per Capita
4457 23 Dec 4206 USD
GDP per Capita PPP
16223 23 Dec 15310 USD
Gold Reserves
3.88 24 Sep 6 Tonnes
Government Budget
1.9 23 Dec 0.4 percent of GDP
Government Budget Value
-565759 25 Feb -492704 MNT Million
Government Debt to GDP
40 23 Dec 48 percent of GDP
Government Revenues
2382752 25 Feb 1749340 MNT Million
Government Spending
2157056 24 Dec 1379819 MNT Million
Gross Fixed Capital Formation
4272084 24 Dec 3047556 MNT Million
Gross National Product
70866565 24 Dec 62716010 MNT Million
Imports
738 25 Feb 973 USD Million
Industrial Production
-7.8 25 Feb 0.3 percent
Industrial Production Mom
-9.5 25 Feb 11.3 percent
Inflation Rate
9.6 25 Feb 8.7 percent
Inflation Rate MoM
1.4 25 Feb 1.1 percent
Interbank Rate
9.67 25 Jan 9.92 percent
Interest Rate
10 25 Feb 10 percent
Labor Force Participation Rate
62.2 24 Dec 63 percent
Manufacturing PMI
63.7 24 Dec 63.2 points
Manufacturing Production
28.7 25 Feb -12.1 percent
Military Expenditure
148 23 Dec 108 USD Million
Minimum Wages
792000 25 Jan 660000 MNT/Month
Mining Production
-13.6 25 Feb 2.1 percent
Money Supply M1
10832175 25 Jan 11687354 MNT Million
Money Supply M2
41827275 25 Jan 43333960 MNT Million
Personal Income Tax Rate
20 25 Dec 20 percent
Population
3.5 23 Dec 3.45 Million
Producer Prices
229 25 Feb 238 points
Producer Prices Change
-0.6 25 Feb 3.5 percent
Remittances
-8.4 25 Jan -10.9 USD Million
Retirement Age Men
60 25 Dec 60 Years
Retirement Age Women
55 25 Dec 55 Years
Services PMI
54.7 24 Dec 63.3 points
Stock Market
50847 25 Mar 50880 points
Terrorism Index
0 23 Dec 0 Points
Unemployed Persons
75385 24 Dec 88064
Unemployment Rate
5.3 24 Dec 6.1 percent
Wages
2672 24 Dec 2480 MNT Thousand/Month
Wages in Manufacturing
2385 24 Dec 2272 MNT Thousand/Month
Indicator Actual Q1 Q2 Q3 Q4 Metric
Consumer Price Index CPI 154 157.62 155.29 155.02 158.08 points
Consumer Spending 5738647 5700384 6132631 6423347 6128875 MNT Million
Currency 3476 3474 3478 3481 3485
Current Account to GDP -6.9 -7.8 -8.4 -9 percent of GDP
Deposit Interest Rate 11.83 10.83 7.83 7.33 6.83 percent
Food Inflation 9.5 7.3 6.8 6 4.8 percent
Full Year GDP Growth 4.9 7 percent
GDP 20.33 21.75 23.06 24.44 USD Billion USD Billion
GDP Annual Growth Rate 4.9 6 6.4 7 6.8 percent
GDP Constant Prices 9225350 6441439 8876193 8998054 9852674 MNT Million
GDP from Agriculture 470685 183681 1351113 906610 502691 MNT Million
GDP from Construction 576036 67579 187561 214943 615207 MNT Million
GDP from Manufacturing 1026793 370962 561716 565761 1096615 MNT Million
GDP from Mining 1243002 970278 1015673 1255538 1327526 MNT Million
GDP from Services 2663429 2149769 2410869 2543412 2844543 MNT Million
GDP from Transport 833496 354266 383334 718405 890173 MNT Million
GDP from Utilities 260659 280165 178340 155191 278384 MNT Million
GDP per Capita 4457 4768 5055 5358 USD USD
GDP per Capita PPP 16223 17358 18400 19504 USD USD
Government Debt to GDP 40 41 42 43 percent of GDP
Gross Fixed Capital Formation 4272084 2296452 2156789 3260885 4562586 MNT Million
Gross National Product 70866565 75685491 MNT Million
Inflation Rate 9.6 10.3 6.8 5.6 4 percent
Interbank Rate 9.67 8.67 5.67 5.17 4.67 percent
Interest Rate 10 9 6 5.5 5 percent
Population 3.5 3.6 3.6 3.7 Million Million
Producer Prices 229 231.55 237.48 231.85 229.84 points
Producer Prices Change -0.6 1.2 0.5 3 4 percent
Stock Market 50847 51026 50836 50647 50462 points
Unemployment Rate 5.3 5.8 5.5 5.7 6 percent