Mongolia Forecast: Real GDP Growth

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about Mongolia Forecast: Real GDP Growth

  • Mongolia Real GDP Growth is forecasted to be 4.500 % in Dec 2023 as reported by International Monetary Fund.
  • It records no change from the last reported number of 4.846 % in Dec 2022.
  • Looking ahead, Mongolia Real GDP Growth is projected to stand at 5.000 % in Dec 2028.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Mongolia's Forecast: Real GDP Growth from 1980 to 2028 in the chart:

Mongolia Forecast: Real GDP Growth

What is Mongolia's Forecast: Real GDP Growth in 2028?

Mongolia Real GDP Growth is forecasted to be 4.500 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
5.000 2028 5.000 2027 -9.256 1992 17.291 2011 % yearly 1980 - 2028

Forecast: Real GDP Growth by Country Comparison

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country/region Last Frequency Range
Afghanistan (%) -20.737 2021 yearly 2003 - 2021
Albania (%) 3.400 2028 yearly 1980 - 2028
Algeria (%) 1.782 2028 yearly 1980 - 2028
Andorra (%) 1.500 2028 yearly 2001 - 2028
Angola (%) 4.230 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.685 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2028 yearly 1993 - 2028
Aruba (%) 1.100 2028 yearly 1987 - 2028
Australia (%) 2.279 2027 yearly 1980 - 2027
Austria (%) 1.527 2028 yearly 1980 - 2028
Azerbaijan (%) 2.572 2028 yearly 1993 - 2028
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 2.733 2028 yearly 1980 - 2028
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.741 2028 yearly 1993 - 2028
Belgium (%) 1.289 2028 yearly 1980 - 2028
Belize (%) 2.012 2027 yearly 1980 - 2027
Benin (%) 5.934 2028 yearly 1980 - 2028
Bhutan (%) 3.625 2028 yearly 1980 - 2028
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2028 yearly 1997 - 2028
Botswana (%) 3.957 2028 yearly 1980 - 2028
Brazil (%) 2.015 2028 yearly 1980 - 2028
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2028 yearly 1980 - 2028
Burkina Faso (%) 5.258 2027 yearly 1980 - 2027
Burundi (%) 4.565 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 4.898 2027 yearly 1980 - 2027
Canada (%) 1.662 2028 yearly 1980 - 2028
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 3.347 2028 yearly 1980 - 2028
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 3.437 2028 yearly 1980 - 2028
Colombia (%) 3.345 2028 yearly 1980 - 2028
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.980 2028 yearly 1980 - 2028
Costa Rica (%) 3.243 2027 yearly 1980 - 2027
Croatia (%) 2.800 2028 yearly 1993 - 2028
Cyprus (%) 2.899 2028 yearly 1980 - 2028
Czech Republic (%) 2.501 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.482 2028 yearly 1980 - 2028
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 5.000 2028 yearly 1992 - 2028
Dominica (%) 2.685 2028 yearly 1980 - 2028
Dominican Republic (%) 4.985 2028 yearly 1980 - 2028
Ecuador (%) 2.751 2028 yearly 1980 - 2028
Egypt (%) 5.984 2028 yearly 1980 - 2028
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 2.925 2028 yearly 1993 - 2028
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.953 2028 yearly 1980 - 2028
Fiji (%) 3.459 2028 yearly 1980 - 2028
Finland (%) 1.624 2028 yearly 1980 - 2028
France (%) 1.450 2028 yearly 1980 - 2028
Gabon (%) 3.809 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.198 2028 yearly 1995 - 2028
Germany (%) 1.134 2028 yearly 1980 - 2028
Ghana (%) 6.774 2027 yearly 1980 - 2027
Greece (%) 1.355 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.900 2028 yearly 1980 - 2028
Guinea (%) 5.187 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.320 2027 yearly 1980 - 2027
Haiti (%) 1.500 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 3.150 2027 yearly 1980 - 2027
Iceland (%) 2.379 2028 yearly 1980 - 2028
India (%) 6.042 2029 yearly 1981 - 2029
Indonesia (%) 5.117 2027 yearly 1980 - 2027
Iran (%) 2.047 2029 yearly 1981 - 2029
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.010 2027 yearly 1980 - 2027
Israel (%) 3.499 2027 yearly 1980 - 2027
Italy (%) 0.882 2028 yearly 1980 - 2028
Ivory Coast (%) 6.000 2028 yearly 1980 - 2028
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.409 2028 yearly 1980 - 2028
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 2.778 2028 yearly 1993 - 2028
Kenya (%) 5.516 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.340 2027 yearly 1980 - 2027
Kosovo (%) 3.800 2028 yearly 2001 - 2028
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 3.977 2028 yearly 1993 - 2028
Laos (%) 4.496 2028 yearly 1980 - 2028
Latvia (%) 3.377 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 1.599 2029 yearly 1981 - 2029
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

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Mongolia Key Series

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Includes 212 key indicators for Mongolia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 1.1 Dec 2023 quarterly Dec 2000 - Dec 2023
Consolidated Fiscal Balance (USD mn) 198.405 Jan 2024 monthly Jan 2000 - Jan 2024
Tax Revenue (USD mn) 686.135 Jan 2024 monthly Jan 2000 - Jan 2024
Tax Revenue: % of GDP (%) 19.8 Dec 2023 quarterly Mar 2000 - Dec 2023
Government Debt: % of GDP (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
Forecast: Government Expenditure (MNT bn) 42,528.460 2028 yearly 1981 - 2028
Forecast: Government Net Debt (MNT bn) 90,114.430 2028 yearly 2006 - 2028
Forecast: Government Revenue (MNT bn) 39,675.330 2028 yearly 1981 - 2028
General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 458,903.261 Jan 2024 monthly Dec 1999 - Jan 2024
General Government Expenditure & NL: ytd: Net Lending (MNT mn) 5,076.800 Jan 2024 monthly Dec 1999 - Jan 2024
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 448,119.011 Jan 2024 monthly Dec 1999 - Jan 2024
General Government Balance: ytd (MNT mn) 676,039.374 Jan 2024 monthly Dec 1999 - Jan 2024
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 1,590,481.964 Jan 2024 monthly Dec 1999 - Jan 2024
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 119,221.302 Jan 2024 monthly Dec 1999 - Jan 2024
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 2,049,385.225 Jan 2024 monthly Dec 1999 - Jan 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
Trade Balance (USD mn) 388.9 Jan 2024 monthly Jan 1997 - Jan 2024
Total Exports (USD mn) 1,324.9 Jan 2024 monthly Jan 1997 - Jan 2024
Total Exports Growth (%) 48.0 Apr 2023 monthly Jan 1998 - Apr 2023
Aluminum: Exports (USD th) 7,160.872 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 100.343 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 83.518 2022 yearly 1995 - 2022
Total Imports (USD mn) 936.0 Jan 2024 monthly Jan 1997 - Jan 2024
Total Imports Growth (%) 35.8 Jan 2024 monthly Jan 1998 - Jan 2024
Imports: Medicament (USD th) 140,968.073 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 71,770.506 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 0.343 Jan 2024 monthly Dec 1999 - Jan 2024
Total Imports from USA (USD mn) 23.812 Jan 2024 monthly Dec 1999 - Jan 2024
Total Exports to China (USD mn) 1,198.029 Jan 2024 monthly Dec 1999 - Jan 2024
Total Imports from China (USD mn) 362.571 Jan 2024 monthly Dec 1999 - Jan 2024
Exports: Live Animals and Products of Animal Origin (USD th) 20,879.117 Jan 2024 monthly Dec 1999 - Jan 2024
Exports: Textiles and Textile Articles (USD th) 17,089.524 Jan 2024 monthly Dec 1999 - Jan 2024
Exports: Mineral Products (USD th) 1,165,829.349 Jan 2024 monthly Dec 1999 - Jan 2024
Exports: Base Metals and Articles Thereof (USD th) 5,374.900 Mar 2019 monthly Dec 1999 - Mar 2019
Exports: Europe: European Union: ow United Kingdom (USD th) 69.386 Jan 2024 monthly Dec 1999 - Jan 2024
Exports: Asia: North Eastern: ow China (USD th) 1,202,270.627 Jan 2024 monthly Dec 1999 - Jan 2024
Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 248,954.485 Jan 2024 monthly Dec 1999 - Jan 2024
Imports: Mineral Products (USD th) 221,942.178 Jan 2024 monthly Dec 1999 - Jan 2024
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 170,457.735 Jan 2024 monthly Dec 1999 - Jan 2024
Imports: Base Metals and Articles Thereof (USD th) 54,964.321 Jan 2024 monthly Dec 1999 - Jan 2024
Imports: Food Products (USD th) 70,104.299 Jan 2024 monthly Dec 1999 - Jan 2024
Imports: America: ow USA (USD th) 23,811.503 Jan 2024 monthly Dec 1999 - Jan 2024
Imports: Asia: North Eastern: ow Japan (USD th) 124,849.667 Jan 2024 monthly Dec 1999 - Jan 2024
Imports: Asia: North Eastern: ow China (USD th) 364,156.635 Jan 2024 monthly Dec 1999 - Jan 2024
Imports: Europe: Others: ow Russian Federation (USD th) 243,387.581 Jan 2024 monthly Dec 1999 - Jan 2024
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 31,633.383 Jan 2024 monthly Dec 1999 - Jan 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 3.1 Jan 2024 monthly Jan 2009 - Jan 2024
Current Account Balance (USD mn) -309.6 Jan 2024 monthly Jan 2009 - Jan 2024
Current Account Balance: % of GDP (%) -4.9 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Direct Investment (USD mn) 267.1 Jan 2024 monthly Jan 2009 - Jan 2024
Foreign Direct Investment: % of GDP (%) 11.6 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment (USD mn) -509.520 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) -7.8 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -0.1 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -509.375 Dec 2023 quarterly Mar 1998 - Dec 2023
External Debt (USD mn) 34,569.8 Dec 2023 quarterly Mar 2000 - Dec 2023
External Debt: % of GDP (%) 174.0 2023 yearly 1992 - 2023
External Debt: Short Term (USD mn) 2,388.2 Dec 2023 quarterly Mar 2000 - Dec 2023
External Debt: Short Term: % of GDP (%) 11.7 2023 yearly 1992 - 2023
Forecast: Current Account Balance (USD bn) -1.770 2028 yearly 1991 - 2028
Net International Investment Position (USD mn) -41,852.420 Jun 2023 quarterly Dec 2010 - Jun 2023
Balance of Payments (BoP): Current Account (CA) (USD mn) -309.647 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: CA: Goods & Services: Goods (USD mn) 265.611 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: CA: Goods & Services: Services (USD mn) -365.910 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: CA: Primary Income (USD mn) -222.503 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: CA: Secondary Income (USD mn) 13.155 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: Capital Account (USD mn) 9.625 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: Financial Account (FA) (USD mn) -460.359 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: FA: Direct Investment (USD mn) -264.032 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: FA: Direct Investment: Asset (USD mn) 3.098 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: FA: Direct Investment: Liabilities (USD mn) 267.130 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: FA: Portfolio Investment (USD mn) -27.707 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: FA: Portfolio Investment: Asset (USD mn) -12.583 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: FA: Portfolio Investment: Liabilities (USD mn) 15.124 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: FA: Financial Derivatives (USD mn) 3.980 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: FA: Financial Derivatives: Asset (USD mn) 3.978 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: FA: Financial Derivatives: Liabilities (USD mn) -0.002 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: FA: Other Investment (OI) (USD mn) -172.600 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: FA: OI: Asset (USD mn) 69.231 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: FA: OI: Liabilities (USD mn) 241.831 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: Net Errors & Omissions (USD mn) -246.748 Jan 2024 monthly Jan 2009 - Jan 2024
BoP: Reserves: Assets (USD mn) -86.411 Jan 2024 monthly Jan 2009 - Jan 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 7.4 Jan 2024 monthly Dec 1996 - Jan 2024
Household Debt: % of GDP (%) 22.3 Dec 2023 quarterly Mar 2004 - Dec 2023
Non-Performing Loans (USD mn) 601.924 Jan 2024 monthly Dec 1996 - Jan 2024
Money Supply M1 (USD mn) 2,553.204 Jan 2024 monthly Dec 1996 - Jan 2024
Money Supply M2 (USD mn) 11,015.682 Jan 2024 monthly Dec 1996 - Jan 2024
M2 Growth (%) 26.1 Jan 2024 monthly Dec 1997 - Jan 2024
Reserve Requirement Ratio (%) 8.0 Feb 2024 monthly Jan 2005 - Feb 2024
Foreign Exchange Reserves (USD mn) 4,269.3 Dec 2023 monthly Dec 1992 - Dec 2023
Foreign Exchange Reserves: % of GDP (%) 10.449 Dec 2023 quarterly Dec 2010 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 4.9 Dec 2023 monthly Jan 1997 - Dec 2023
Gold Reserves (USD mn) 536.003 Dec 2023 monthly Dec 1980 - Dec 2023
Total Deposits (USD mn) 6,497.191 Jan 2024 monthly Jan 2000 - Jan 2024
Total Deposits Growth (%) 20.8 Jan 2024 monthly Jan 2001 - Jan 2024
Domestic Credit (USD mn) 8,512.8 Jan 2024 monthly Dec 1992 - Jan 2024
Domestic Credit Growth (%) 16.9 Jan 2024 monthly Dec 1993 - Jan 2024
Household Debt (USD mn) 4,710.5 Jan 2024 monthly Jan 2004 - Jan 2024
Total Loans (USD mn) 8,150.790 Jan 2024 monthly Dec 1996 - Jan 2024
Total Loans Growth (%) 23.26 Jan 2024 monthly Dec 1997 - Jan 2024
Private Debt: % of Nominal GDP (%) 38.96 Dec 2023 quarterly Dec 2010 - Dec 2023
Money Supply: M2: M1 (MNT mn) 8,684,647.292 Jan 2024 monthly Dec 1990 - Jan 2024
International Reserves: Gross (USD mn) 4,970.510 Feb 2024 monthly Jan 2006 - Feb 2024
Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 2,047,424.832 Jan 2024 monthly Dec 1996 - Jan 2024

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