HistoryData

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
19802026 · 51 pts

Real GDP GrowthMongolia

19802026

Real GDP Growth — Mongolia
-9.3%-2.65%4%10.65%17.3%198019902000201020202030LowPeak
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
YearValueChange %
20305.0%+0.00%
20295.0%-5.66%
20285.3%-3.64%
20275.5%+0.00%
20265.5%+0.00%
20255.5%+7.84%
20245.1%-31.08%
20237.4%+48.00%
20225.0%+212.50%
20211.6%+134.78%
2020-4.6%-182.14%
20195.6%-27.27%
20187.7%+37.50%
20175.6%+273.33%
20161.5%-37.50%
20152.4%-69.62%
20147.9%-31.90%
201311.6%-5.69%
201212.3%-28.90%
201117.3%+136.99%
Show all 51 rows
YearValueChange %
20107.3%+447.62%
2009-2.1%-126.92%
20087.8%-11.36%
20078.8%+7.32%
20068.2%+26.15%
20056.5%-30.85%
20049.4%+27.03%
20037.4%+39.62%
20025.3%+15.22%
20014.6%+318.18%
20001.1%-64.52%
19993.1%-6.06%
19983.3%-15.38%
19973.9%+77.27%
19962.2%-65.63%
19956.4%+204.76%
19942.1%+165.63%
1993-3.2%+65.59%
1992-9.3%-1.09%
1991-9.2%-268.00%
1990-2.5%-159.52%
19894.2%-17.65%
19885.1%+45.71%
19873.5%-62.77%
19869.4%+64.91%
19855.7%-3.39%
19845.9%+1.72%
19835.8%-30.12%
19828.3%-1.19%
19818.4%+31.25%
19806.4%

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