Real GDP Growth: Mongolia
Mongolia's real gdp growth is currently 5.5% as of 2026. # Mongolia Real GDP Growth Mongolia's real GDP growth stands at 5.
Current (2026)
5.5%
+0.0% y/y
Peak (2011)
17.3%
Low (1992)
-9.3%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Real GDP Growth — Mongolia
1980 — 2026
Real GDP Growth — Mongolia
Analysis# Mongolia Real GDP Growth
Mongolia's real GDP growth stands at 5.5% in 2026, reflecting moderate economic expansion after a volatile recent decade. The country experienced its strongest growth in 2011 at 17.3%, driven by mining sector expansion, but has since settled into more modest single-digit growth rates. The all-time low of -9.3% in 1992 marked the post-Soviet transition period. Overall, Mongolia's economy has contracted by 14.1 percentage points since 1980, indicating fundamental structural shifts in the economy's productive capacity.
The 2020 pandemic contraction of -4.6% represents Mongolia's most recent significant downturn, followed by a fragile recovery through 2021. Strong growth returned in 2023 at 7.4%, though subsequent years have normalized to the 5-5.5% range. Projections hold growth steady at 5.5% through 2026, suggesting the economy has stabilized around mid-range performance after the commodity-driven volatility of the 2010s.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 5.0% | +0.00% |
| 2029 | 5.0% | -5.66% |
| 2028 | 5.3% | -3.64% |
| 2027 | 5.5% | +0.00% |
| 2026 | 5.5% | +0.00% |
| 2025 | 5.5% | +7.84% |
| 2024 | 5.1% | -31.08% |
| 2023 | 7.4% | +48.00% |
| 2022 | 5.0% | +212.50% |
| 2021 | 1.6% | +134.78% |
| 2020 | -4.6% | -182.14% |
| 2019 | 5.6% | -27.27% |
| 2018 | 7.7% | +37.50% |
| 2017 | 5.6% | +273.33% |
| 2016 | 1.5% | -37.50% |
| 2015 | 2.4% | -69.62% |
| 2014 | 7.9% | -31.90% |
| 2013 | 11.6% | -5.69% |
| 2012 | 12.3% | -28.90% |
| 2011 | 17.3% | +136.99% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 7.3% | +447.62% |
| 2009 | -2.1% | -126.92% |
| 2008 | 7.8% | -11.36% |
| 2007 | 8.8% | +7.32% |
| 2006 | 8.2% | +26.15% |
| 2005 | 6.5% | -30.85% |
| 2004 | 9.4% | +27.03% |
| 2003 | 7.4% | +39.62% |
| 2002 | 5.3% | +15.22% |
| 2001 | 4.6% | +318.18% |
| 2000 | 1.1% | -64.52% |
| 1999 | 3.1% | -6.06% |
| 1998 | 3.3% | -15.38% |
| 1997 | 3.9% | +77.27% |
| 1996 | 2.2% | -65.63% |
| 1995 | 6.4% | +204.76% |
| 1994 | 2.1% | +165.63% |
| 1993 | -3.2% | +65.59% |
| 1992 | -9.3% | -1.09% |
| 1991 | -9.2% | -268.00% |
| 1990 | -2.5% | -159.52% |
| 1989 | 4.2% | -17.65% |
| 1988 | 5.1% | +45.71% |
| 1987 | 3.5% | -62.77% |
| 1986 | 9.4% | +64.91% |
| 1985 | 5.7% | -3.39% |
| 1984 | 5.9% | +1.72% |
| 1983 | 5.8% | -30.12% |
| 1982 | 8.3% | -1.19% |
| 1981 | 8.4% | +31.25% |
| 1980 | 6.4% | — |
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