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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 and southeast. 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 an inland 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 sprea... [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 48359.95 48419.15 48325.71 48477.49 222.22 0.46% 2025/06/13 Time 8:01

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Metric
Balance of Trade
219 25 Apr 172 USD Million
Banks Balance Sheet
67261368 25 Apr 70003852 MNT Million
CPI Housing Utilities
126 25 May 126 points
CPI Transportation
103 25 May 104 points
Capital Flows
-622 25 Mar -191 USD Million
Central Bank Balance Sheet
20762608 25 Apr 22651698 MNT Million
Changes in Inventories
731485 25 Mar 1210226 MNT Million
Construction PMI
47.8 24 Dec 45.2 points
Consumer Price Index CPI
114 25 May 114 points
Consumer Spending
6018391 25 Mar 5738647 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 Jun
Crude Oil Production
14 25 Feb 14 BBL/D/1K
Currency
3570 25 Jun 3572
Current Account
-263 25 Mar -206 USD Million
Current Account to GDP
-6.9 24 Dec 0.6 percent of GDP
Deposit Interest Rate
11.84 25 Apr 11.82 percent
Electricity Production
719 25 Apr 814 Gigawatt-hour
Employed Persons
1380100 25 Mar 1353388
Employment Rate
58.7 25 Mar 58.9 percent
Exports
1230 25 Apr 1008 USD Million
External Debt
3711732 24 Dec 3563930 USD Thousand
Fiscal Expenditure
8545713 25 Apr 6502668 MNT Million
Food Inflation
5.6 25 May 6.9 percent
Foreign Direct Investment
33059 24 Dec 32355 USD Million
Foreign Exchange Reserves
5135 25 Apr 4996 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
2.4 25 Mar 4.9 percent
GDP Constant Prices
6220702 25 Mar 9225350 MNT Million
GDP from Agriculture
235043 25 Mar 470685 MNT Million
GDP from Construction
63070 25 Mar 576036 MNT Million
GDP from Manufacturing
362826 25 Mar 1026793 MNT Million
GDP from Mining
922325 25 Mar 1243002 MNT Million
GDP from Services
2172254 25 Mar 2663429 MNT Million
GDP from Transport
261897 25 Mar 833496 MNT Million
GDP from Utilities
278841 25 Mar 260659 MNT Million
GDP per Capita
4457 23 Dec 4206 USD
GDP per Capita PPP
16223 23 Dec 15310 USD
Gold Reserves
7.13 25 Mar 7.35 Tonnes
Government Budget
0.2 24 Dec 3.1 percent of GDP
Government Budget Value
-57950 25 Apr -352963 MNT Million
Government Debt to GDP
33 24 Dec 40 percent of GDP
Government Revenues
2535346 25 Apr 2300163 MNT Million
Government Spending
1415724 25 Mar 2157056 MNT Million
Gross Fixed Capital Formation
2824575 25 Mar 4272084 MNT Million
Gross National Product
70866565 24 Dec 62716010 MNT Million
Imports
1011 25 Apr 837 USD Million
Industrial Production
-42.4 25 Apr -9.8 percent
Industrial Production Mom
1.2 25 Apr 0.7 percent
Inflation Rate
8.3 25 May 8.6 percent
Inflation Rate MoM
0.2 25 May 0.3 percent
Interbank Rate
11.96 25 Apr 11.93 percent
Interest Rate
12 25 Apr 12 percent
Labor Force Participation Rate
62 25 Mar 62.2 percent
Manufacturing PMI
63.7 24 Dec 63.2 points
Manufacturing Production
4.6 25 Apr 11 percent
Military Expenditure
181 24 Dec 112 USD Million
Minimum Wages
792000 25 Jan 660000 MNT/Month
Mining Production
-47.8 25 Apr -13.3 percent
Money Supply M1
9877294 25 Apr 10137933 MNT Million
Money Supply M2
41508939 25 Apr 41483385 MNT Million
Personal Income Tax Rate
20 25 Dec 20 percent
Population
3.5 23 Dec 3.45 Million
Producer Prices
235 25 Apr 243 points
Producer Prices Change
6.6 25 Apr 6.2 percent
Remittances
1.6 25 Apr -1.38 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
48649 25 Jun 48649 points
Terrorism Index
0 24 Dec 0 Points
Unemployed Persons
79000 25 Mar 75385
Unemployment Rate
5.4 25 Mar 5.3 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 114 113.21 112.99 114.92 118.35 points
Consumer Spending 6018391 5994301 6303284 6014102 6397549 MNT Million
Currency 3570 3474 3478 3481 3485
Current Account to GDP -6.9 -7.8 -8.4 -9 percent of GDP
Deposit Interest Rate 11.84 11.84 13.84 13.84 11.84 percent
Food Inflation 5.6 6.8 6 4.8 5 percent
Full Year GDP Growth 4.9 7 percent
GDP 20.33 21.55 22.97 24.33 USD Billion USD Billion
GDP Annual Growth Rate 2.4 4 5 4.8 6.3 percent
GDP Constant Prices 6220702 8675978 8829866 9668167 6612607 MNT Million
GDP from Agriculture 235043 1320637 889664 493278 249851 MNT Million
GDP from Construction 63070 183331 210925 603686 67043 MNT Million
GDP from Manufacturing 362826 549046 555186 1076079 385684 MNT Million
GDP from Mining 922325 992763 1232070 1302666 980432 MNT Million
GDP from Services 2172254 2356488 2495872 2791274 2309107 MNT Million
GDP from Transport 261897 374687 704977 873503 278396 MNT Million
GDP from Utilities 278841 174317 152290 273171 296408 MNT Million
GDP per Capita 4457 4724 5036 5333 USD USD
GDP per Capita PPP 16223 17196 18331 19413 USD USD
Government Debt to GDP 33 41 42 43 percent of GDP
Gross Fixed Capital Formation 2824575 2108139 3199934 4477144 3002524 MNT Million
Gross National Product 70866565 74268160 MNT Million
Inflation Rate 8.3 6.8 5.6 4 4 percent
Interbank Rate 11.96 11.96 13.96 13.96 11.96 percent
Interest Rate 12 12 14 14 12 percent
Population 3.5 3.6 3.6 3.7 Million Million
Producer Prices 235 237.48 231.85 229.84 253.1 points
Producer Prices Change 6.6 0.5 3 4 4.2 percent
Stock Market 48649 51026 50836 50647 50462 points
Unemployment Rate 5.4 5.5 5.7 6 6 percent