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:
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
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 3.004 2026 | yearly | 2004 - 2026 |
| Albania (%) | 3.400 2028 | yearly | 1980 - 2028 |
| Algeria (%) | 1.782 2028 | yearly | 1980 - 2028 |
| Andorra (%) | 1.500 2031 | yearly | 2001 - 2031 |
| 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 (%) | 1.329 2031 | yearly | 1987 - 2031 |
| 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 (%) | 5.557 2031 | yearly | 1980 - 2031 |
| 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 (%) | 1.754 2031 | yearly | 1980 - 2031 |
| 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 (%) | 3.000 2031 | yearly | 1980 - 2031 |
| 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 (%) | 1.173 2031 | yearly | 1980 - 2031 |
| 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 (%) | 2.375 2031 | yearly | 1980 - 2031 |
| 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 (%) | 3.960 2031 | yearly | 2001 - 2031 |
| 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 (%) | 1.512 2032 | yearly | 1981 - 2032 |
| Liberia (%) | 5.680 2027 | yearly | 2001 - 2027 |
| Libya (%) | 3.588 2027 | yearly | 1980 - 2027 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doMongolia Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.6 Jun 2026 | quarterly | Dec 2000 - Jun 2026 |
| Consolidated Fiscal Balance (USD mn) | -17.507 Jul 2026 | monthly | Jan 2000 - Jul 2026 |
| Tax Revenue (USD mn) | 557.159 Jul 2026 | monthly | Jan 2000 - Jul 2026 |
| Tax Revenue: % of GDP (%) | 20.3 Jun 2026 | quarterly | Mar 2000 - Jun 2026 |
| Government Debt: % of GDP (%) | 38.6 Jun 2025 | quarterly | Dec 2017 - Jun 2025 |
| Forecast: Government Expenditure (MNT bn) | 59,360.345 2031 | yearly | 1981 - 2031 |
| Forecast: Government Net Debt (MNT bn) | 95,761.750 2031 | yearly | 2006 - 2031 |
| Forecast: Government Revenue (MNT bn) | 53,731.112 2031 | yearly | 1981 - 2031 |
| General Government Expenditure & NL: ytd: Net Lending (MNT mn) | 114,651.073 Jul 2026 | monthly | Dec 1999 - Jul 2026 |
| General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) | 3,560,630.636 Jul 2026 | monthly | Dec 1999 - Jul 2026 |
| General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) | 3,710,990.974 Jul 2026 | monthly | Dec 1999 - Jul 2026 |
| General Government Balance: ytd (MNT mn) | -2,160,866.740 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) | 15,831,930.722 Jul 2026 | monthly | Dec 1999 - Jul 2026 |
| General Government Expenditure & NL: ytd: Expenditure (MNT mn) | 19,392,561.358 Jul 2026 | monthly | Dec 1999 - Jul 2026 |
| General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) | 530,953.250 Jul 2026 | monthly | Dec 1999 - Jul 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.185 2028 | yearly | 1981 - 2028 |
| Trade Balance (USD mn) | 978.3 Aug 2026 | monthly | Jan 1997 - Aug 2026 |
| Total Exports (USD mn) | 2,194.2 Aug 2026 | monthly | Jan 1997 - Aug 2026 |
| Total Exports Growth (%) | 7.9 Oct 2025 | monthly | Jan 1998 - Oct 2025 |
| Aluminum: Exports (USD th) | 17,602.481 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 37.690 2025 | yearly | 1995 - 2025 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 176.365 2025 | yearly | 1995 - 2025 |
| Total Imports (USD mn) | 1,215.8 Aug 2026 | monthly | Jan 1997 - Aug 2026 |
| Total Imports Growth (%) | 21.6 Aug 2026 | monthly | Jan 1998 - Aug 2026 |
| Imports: Medicament (USD th) | 173,881.222 2025 | yearly | 1995 - 2025 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 76,030.973 2025 | yearly | 1995 - 2025 |
| Total Exports to USA (USD mn) | 42.299 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Total Imports from USA (USD mn) | 27.492 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Total Exports to China (USD mn) | 1,823.085 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Total Imports from China (USD mn) | 549.445 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Exports: Textiles and Textile Articles (USD th) | 92,161.880 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Exports: Mineral Products (USD th) | 1,726,814.797 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Exports: Live Animals and Products of Animal Origin (USD th) | 14,338.678 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Exports: Asia: North Eastern: ow China (USD th) | 1,829,010.022 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Exports: Europe: European Union: ow United Kingdom (USD th) | 610.728 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Imports: Base Metals and Articles Thereof (USD th) | 126,215.857 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Imports: Food Products (USD th) | 75,753.067 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) | 175,954.883 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) | 252,705.879 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Imports: Mineral Products (USD th) | 323,153.362 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Imports: America: ow USA (USD th) | 27,491.556 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Imports: Asia: North Eastern: ow China (USD th) | 554,785.871 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Imports: Asia: North Eastern: ow Japan (USD th) | 103,473.581 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Imports: Europe: Others: ow Russian Federation (USD th) | 321,942.031 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Imports: Asia: North Eastern: ow Republic of Korea (USD th) | 47,599.937 Aug 2026 | monthly | Dec 1999 - Aug 2026 |
| Exports: Base Metals and Articles Thereof (USD th) | 5,374.900 Mar 2019 | monthly | Dec 1999 - Mar 2019 |
| Exports: America: USA (USD th) | 486.100 Dec 2018 | monthly | Dec 1999 - Dec 2018 |
| Export Value Index (2015=100) | 338.300 2024 | yearly | 2005 - 2024 |
| Import Value Index (2015=100) | 306.100 2024 | yearly | 2005 - 2024 |
| Export Volume Index (2015=100) | 228.700 2024 | yearly | 2005 - 2024 |
| Import Volume Index (2015=100) | 230.300 2024 | yearly | 2005 - 2024 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 4.4 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| Current Account Balance (USD mn) | 235.8 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| Current Account Balance: % of GDP (%) | -0.0 Jun 2026 | quarterly | Mar 2000 - Jun 2026 |
| Foreign Direct Investment (USD mn) | 402.5 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| Foreign Direct Investment: % of GDP (%) | -0.7 Jun 2026 | quarterly | Mar 2000 - Jun 2026 |
| Foreign Portfolio Investment (USD mn) | 182.844 Jun 2026 | quarterly | Mar 1998 - Jun 2026 |
| Foreign Portfolio Investment: % of GDP (%) | 2.2 Jun 2026 | quarterly | Mar 2000 - Jun 2026 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.3 Jun 2026 | quarterly | Mar 1998 - Jun 2026 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 182.560 Jun 2026 | quarterly | Mar 1998 - Jun 2026 |
| External Debt (USD mn) | 39,144.3 Jun 2026 | quarterly | Mar 2000 - Jun 2026 |
| External Debt: % of GDP (%) | 158.8 2025 | yearly | 2000 - 2025 |
| External Debt: Short Term (USD mn) | 1,828.2 Jun 2026 | quarterly | Mar 2000 - Jun 2026 |
| External Debt: Short Term: % of GDP (%) | 9.4 2025 | yearly | 2000 - 2025 |
| Forecast: Current Account Balance (USD bn) | -3.783 2031 | yearly | 1991 - 2031 |
| Net International Investment Position (USD mn) | -45,715.098 Jun 2026 | quarterly | Dec 2010 - Jun 2026 |
| BoP: CA: Goods & Services: Goods (USD mn) | 884.570 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| Balance of Payments (BoP): Current Account (CA) (USD mn) | 235.807 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: CA: Goods & Services: Services (USD mn) | -161.073 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: CA: Secondary Income (USD mn) | -13.226 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: CA: Primary Income (USD mn) | -474.463 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: Capital Account (USD mn) | 5.371 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: FA: Direct Investment: Asset (USD mn) | 4.413 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: FA: Direct Investment (USD mn) | -398.094 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: FA: Direct Investment: Liabilities (USD mn) | 402.507 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: FA: Portfolio Investment (USD mn) | -54.852 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: FA: Portfolio Investment: Asset (USD mn) | 19.476 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: FA: Portfolio Investment: Liabilities (USD mn) | 74.328 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: FA: Financial Derivatives: Asset (USD mn) | -1.580 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: FA: Financial Derivatives: Liabilities (USD mn) | -3.869 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: FA: Financial Derivatives (USD mn) | 2.289 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: FA: Other Investment (OI) (USD mn) | 300.697 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: FA: OI: Liabilities (USD mn) | 86.397 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: FA: OI: Asset (USD mn) | 387.094 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: Net Errors & Omissions (USD mn) | 71.816 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: Reserves: Assets (USD mn) | 462.955 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| BoP: Financial Account (FA) (USD mn) | -149.961 Aug 2026 | monthly | Jan 2009 - Aug 2026 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.2 Aug 2026 | monthly | Dec 1996 - Aug 2026 |
| Household Debt: % of GDP (%) | 28.2 Jun 2026 | quarterly | Mar 2004 - Jun 2026 |
| Non-Performing Loans (USD mn) | 709.342 Aug 2026 | monthly | Dec 1996 - Aug 2026 |
| Money Supply M1 (USD mn) | 3,722.636 Aug 2026 | monthly | Dec 1996 - Aug 2026 |
| Money Supply M2 (USD mn) | 15,131.811 Aug 2026 | monthly | Dec 1996 - Aug 2026 |
| M2 Growth (%) | 24.7 Aug 2026 | monthly | Dec 1997 - Aug 2026 |
| Reserve Requirement Ratio (%) | 14.5 Sep 2026 | monthly | Jan 2005 - Sep 2026 |
| Foreign Exchange Reserves (USD mn) | 5,330.6 Jan 2026 | monthly | Dec 1992 - Jan 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 22.945 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 6.3 Jan 2026 | monthly | Jan 1997 - Jan 2026 |
| Gold Reserves (USD mn) | 1,310.238 Jan 2026 | monthly | Dec 1980 - Jan 2026 |
| Total Deposits (USD mn) | 9,373.766 Aug 2026 | monthly | Jan 2000 - Aug 2026 |
| Total Deposits Growth (%) | 18.2 Aug 2026 | monthly | Jan 2001 - Aug 2026 |
| Domestic Credit (USD mn) | 12,834.8 Aug 2026 | monthly | Dec 1991 - Aug 2026 |
| Domestic Credit Growth (%) | 11.2 Aug 2026 | monthly | Dec 1992 - Aug 2026 |
| Household Debt (USD mn) | 7,826.3 Jul 2026 | monthly | Jan 2004 - Jul 2026 |
| Total Loans (USD mn) | 13,540.025 Aug 2026 | monthly | Dec 1996 - Aug 2026 |
| Total Loans Growth (%) | 14.30 Aug 2026 | monthly | Dec 1997 - Aug 2026 |
| Private Debt: % of Nominal GDP (%) | 47.35 Jun 2026 | quarterly | Dec 2010 - Jun 2026 |
| International Reserves: Gross (USD mn) | 8,896.860 Sep 2026 | monthly | Jan 2006 - Sep 2026 |
| Money Supply: M2: M1 (MNT mn) | 13,383,395.997 Aug 2026 | monthly | Dec 1990 - Aug 2026 |
| Loans: Outstanding Amounts: Non Performing Loans (MNT mn) | 2,550,183.216 Aug 2026 | monthly | Dec 1996 - Aug 2026 |
| Deposits (MNT tn) | 33.700 Aug 2026 | monthly | Jan 2000 - Aug 2026 |
| Deposits: Corporate (MNT tn) | 6.500 Aug 2026 | monthly | May 2018 - Aug 2026 |
| Deposits: Individual (MNT tn) | 27.200 Aug 2026 | monthly | May 2018 - Aug 2026 |
More Indicators for Mongolia
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