Mongolia Nominal GDP Growth

2001 - 2023 | Quarterly | % | CEIC Data

Key information about Mongolia Nominal GDP Growth

  • Mongolia Nominal GDP Growth was reported at 24.672 % in Dec 2023.
  • This records a decrease from the previous number of 27.478 % for Sep 2023.
  • Mongolia Nominal GDP Growth data is updated quarterly, averaging 19.601 % from Mar 2001 to Dec 2023, with 92 observations.
  • The data reached an all-time high of 51.399 % in Mar 2011 and a record low of -6.444 % in Mar 2020.
  • Mongolia Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The National Statistics Office of Mongolia provides Nominal GDP in local currency based on SNA 2008. Nominal GDP Growth prior to Q1 2011 is calculated from Nominal GDP based on SNA 1993.

View Mongolia's Nominal GDP Growth from Mar 2001 to Dec 2023 in the chart:

Mongolia Nominal GDP Growth

What was Mongolia's Nominal GDP Growth in Dec 2023?

Mongolia Nominal GDP Growth was reported at 24.672 % in Dec 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
24.672 Dec 2023 27.478 Sep 2023 -6.444 Mar 2020 51.399 Mar 2011 % quarterly Mar 2001 - Dec 2023

Nominal GDP Growth by Country Comparison

Buy Selected Data

Includes Nominal GDP Growth on 114 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 7.894 Sep 2023 quarterly Mar 2009 - Sep 2023
Algeria (%) 9.089 Mar 2023 quarterly Mar 2000 - Mar 2023
Argentina (%) 169.925 Dec 2023 quarterly Mar 1994 - Dec 2023
Armenia (%) 9.822 Dec 2023 quarterly Dec 1995 - Dec 2023
Australia (%) 4.423 Dec 2023 quarterly Sep 1960 - Dec 2023
Austria (%) 6.545 Jun 2023 quarterly Mar 1996 - Jun 2023
Azerbaijan (%) -11.065 Dec 2023 quarterly Mar 2002 - Dec 2023
Bahrain (%) 1.243 Sep 2023 quarterly Mar 2008 - Sep 2023
Bangladesh (%) 12.507 2022 yearly 2007 - 2022
Belarus (%) 13.678 Dec 2023 quarterly Mar 1995 - Dec 2023
Belgium (%) 3.901 Dec 2023 quarterly Mar 1981 - Dec 2023
Bolivia (%) 0.912 Sep 2023 quarterly Mar 1991 - Sep 2023
Bosnia and Herzegovina (%) 4.068 Dec 2023 quarterly Mar 2009 - Dec 2023
Botswana (%) -4.803 Dec 2023 quarterly Sep 1994 - Dec 2023
Brazil (%) 7.187 Dec 2023 quarterly Mar 1991 - Dec 2023
Brunei (%) -13.343 Sep 2023 quarterly Mar 2005 - Sep 2023
Bulgaria (%) 5.061 Dec 2023 quarterly Mar 1996 - Dec 2023
Cambodia (%) 9.523 2022 yearly 1994 - 2022
Canada (%) 3.973 Dec 2023 quarterly Mar 1958 - Dec 2023
Chile (%) 3.969 Dec 2023 quarterly Mar 1991 - Dec 2023
China (%) 4.162 Dec 2023 quarterly Mar 1993 - Dec 2023
Colombia (%) 4.957 Dec 2023 quarterly Mar 2001 - Dec 2023
Croatia (%) 8.099 Dec 2023 quarterly Mar 1996 - Dec 2023
Cyprus (%) 6.785 Dec 2023 quarterly Mar 1996 - Dec 2023
Czech Republic (%) 6.200 Dec 2023 quarterly Mar 1996 - Dec 2023
Denmark (%) -2.051 Dec 2023 quarterly Mar 1991 - Dec 2023
Ecuador (%) -1.089 Dec 2023 quarterly Mar 1992 - Dec 2023
Egypt (%) 36.681 Dec 2023 quarterly Sep 2002 - Dec 2023
Estonia (%) 2.955 Dec 2023 quarterly Mar 1996 - Dec 2023
European Union (%) 5.666 Dec 2023 quarterly Mar 1996 - Dec 2023
Finland (%) 1.184 Dec 2023 quarterly Mar 1991 - Dec 2023
France (%) 5.671 Dec 2023 quarterly Mar 1950 - Dec 2023
Georgia (%) 7.641 Dec 2023 quarterly Mar 1997 - Dec 2023
Germany (%) 6.266 Dec 2023 quarterly Mar 1961 - Dec 2023
Ghana (%) 39.349 Sep 2023 quarterly Mar 2007 - Sep 2023
Greece (%) 5.196 Dec 2023 quarterly Mar 1996 - Dec 2023
Hong Kong SAR, China (%) 8.548 Dec 2023 quarterly Mar 1974 - Dec 2023
Hungary (%) 13.247 Dec 2023 quarterly Mar 1996 - Dec 2023
Iceland (%) 6.613 Dec 2023 quarterly Mar 1996 - Dec 2023
India (%) 10.075 Dec 2023 quarterly Jun 1997 - Dec 2023
Indonesia (%) 3.671 Dec 2023 quarterly Mar 1994 - Dec 2023
Iran (%) 36.289 Sep 2023 quarterly Jun 1989 - Sep 2023
Ireland (%) -5.150 Dec 2023 quarterly Mar 1996 - Dec 2023
Israel (%) -0.107 Dec 2023 quarterly Mar 1996 - Dec 2023
Italy (%) 4.615 Dec 2023 quarterly Mar 1981 - Dec 2023
Ivory Coast (%) 681.695 Mar 2023 quarterly Mar 1998 - Mar 2023
Japan (%) 5.357 Dec 2023 quarterly Mar 1981 - Dec 2023
Jordan (%) 4.082 Dec 2023 quarterly Mar 1993 - Dec 2023
Kazakhstan (%) 11.192 Sep 2023 quarterly Mar 1995 - Sep 2023
Kenya (%) 11.651 Mar 2023 quarterly Mar 2010 - Mar 2023
South Korea (%) 5.780 Dec 2023 quarterly Mar 1961 - Dec 2023
Kosovo (%) 9.548 Dec 2023 quarterly Mar 2011 - Dec 2023
Kuwait (%) -11.726 Sep 2023 quarterly Mar 2011 - Sep 2023
Kyrgyzstan (%) 18.207 Dec 2023 quarterly Mar 2001 - Dec 2023
Laos (%) 16.562 2022 yearly 1985 - 2022
Latvia (%) 5.716 Jun 2023 quarterly Mar 1996 - Jun 2023
Lebanon (%) 19.333 2020 yearly 1998 - 2020
Lithuania (%) 4.718 Dec 2023 quarterly Mar 1996 - Dec 2023
Luxembourg (%) 1.823 Dec 2023 quarterly Mar 1996 - Dec 2023
Macau SAR, China (%) 99.802 Dec 2023 quarterly Mar 1999 - Dec 2023
North Macedonia (%) 7.165 Dec 2023 quarterly Mar 2001 - Dec 2023
Malawi (%) 10.386 2021 yearly 2003 - 2021
Malaysia (%) 1.911 Dec 2023 quarterly Mar 1992 - Dec 2023
Malta (%) 9.267 Dec 2023 quarterly Mar 2001 - Dec 2023
Mauritius (%) 13.075 Dec 2023 quarterly Mar 2000 - Dec 2023
Mexico (%) 8.034 Dec 2023 quarterly Mar 1994 - Dec 2023
Moldova (%) 11.774 Dec 2023 quarterly Mar 1996 - Dec 2023
Mongolia (%) 24.672 Dec 2023 quarterly Mar 2001 - Dec 2023
Montenegro (%) 10.574 Dec 2023 quarterly Mar 2011 - Dec 2023
Morocco (%) 6.729 Dec 2023 quarterly Mar 2008 - Dec 2023
Mozambique (%) 11.040 2022 yearly 1964 - 2022
Nepal (%) 13.427 2022 yearly 2002 - 2022
Netherlands (%) 6.236 Dec 2023 quarterly Mar 1989 - Dec 2023
New Zealand (%) 3.784 Dec 2023 quarterly Jun 1988 - Dec 2023
Nigeria (%) 16.080 Sep 2023 quarterly Mar 2011 - Sep 2023
Norway (%) -3.659 Dec 2023 quarterly Mar 1979 - Dec 2023
Oman (%) -10.834 Jun 2023 quarterly Mar 2006 - Jun 2023
Pakistan (%) 19.992 2022 yearly 2001 - 2022
Palestinian Territory (%) -30.860 Dec 2023 quarterly Mar 2001 - Dec 2023
Panama (%) 7.326 Dec 2023 quarterly Mar 2008 - Dec 2023
Paraguay (%) 5.865 Dec 2023 quarterly Mar 1995 - Dec 2023
Peru (%) 5.953 Dec 2022 quarterly Mar 1991 - Dec 2022
Philippines (%) 9.280 Dec 2023 quarterly Mar 1982 - Dec 2023
Poland (%) 6.938 Dec 2023 quarterly Mar 1996 - Dec 2023
Portugal (%) 10.841 Dec 2022 quarterly Mar 1996 - Dec 2022
Qatar (%) -15.018 Jun 2023 quarterly Mar 2012 - Jun 2023
Romania (%) 14.314 Dec 2023 quarterly Mar 1996 - Dec 2023
Russia (%) 15.443 Sep 2023 quarterly Mar 1994 - Sep 2023
Saudi Arabia (%) -0.728 Dec 2023 quarterly Mar 2004 - Dec 2023
Serbia (%) 12.351 Jun 2023 quarterly Mar 1996 - Jun 2023
Singapore (%) 2.511 Dec 2023 quarterly Mar 1976 - Dec 2023
Slovakia (%) 11.483 Dec 2023 quarterly Mar 1996 - Dec 2023
Slovenia (%) 11.395 Dec 2023 quarterly Mar 1996 - Dec 2023
South Africa (%) 5.946 Dec 2023 quarterly Mar 1961 - Dec 2023
Spain (%) 7.081 Dec 2023 quarterly Mar 1971 - Dec 2023
Sri Lanka (%) 11.992 Dec 2023 quarterly Mar 2003 - Dec 2023
Sudan (%) 103.797 2020 yearly 1961 - 2020
Sweden (%) 3.373 Dec 2023 quarterly Mar 1981 - Dec 2023
Switzerland (%) 4.113 Dec 2022 quarterly Mar 1981 - Dec 2022
Syria (%) 50.215 2021 yearly 1971 - 2021

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 do

Mongolia Key Series

Buy Selected Data

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) 196.620 Feb 2024 monthly Jan 2000 - Feb 2024
Tax Revenue (USD mn) 582.910 Feb 2024 monthly Jan 2000 - Feb 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) 646,268.369 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Expenditure & NL: ytd: Net Lending (MNT mn) 34,495.933 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 3,724,681.023 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Balance: ytd (MNT mn) 1,342,943.738 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 859,511.784 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 200,874.250 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 3,078,412.654 Feb 2024 monthly Dec 1999 - Feb 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
Trade Balance (USD mn) 252.4 Feb 2024 monthly Jan 1997 - Feb 2024
Total Exports (USD mn) 913.0 Feb 2024 monthly Jan 1997 - Feb 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) 660.6 Feb 2024 monthly Jan 1997 - Feb 2024
Total Imports Growth (%) 29.6 Feb 2024 monthly Jan 1998 - Feb 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) 0.307 Feb 2024 monthly Dec 1999 - Feb 2024
Total Imports from USA (USD mn) 22.150 Feb 2024 monthly Dec 1999 - Feb 2024
Total Exports to China (USD mn) 1,198.029 Jan 2024 monthly Dec 1999 - Jan 2024
Total Imports from China (USD mn) 184.224 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: Live Animals and Products of Animal Origin (USD th) 7,508.623 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: Textiles and Textile Articles (USD th) 7,249.815 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: Mineral Products (USD th) 875,134.166 Feb 2024 monthly Dec 1999 - Feb 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) 140.450 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: Asia: North Eastern: ow China (USD th) 887,716.060 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
Imports: Mineral Products (USD th) 192,085.521 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 132,229.588 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Base Metals and Articles Thereof (USD th) 35,790.276 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 122,056.008 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Food Products (USD th) 49,016.319 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Asia: North Eastern: ow China (USD th) 184,794.549 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: America: ow USA (USD th) 22,149.732 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 29,531.059 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Europe: Others: ow Russian Federation (USD th) 210,974.018 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Asia: North Eastern: ow Japan (USD th) 73,506.240 Feb 2024 monthly Dec 1999 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 3.3 Feb 2024 monthly Jan 2009 - Feb 2024
Current Account Balance (USD mn) -144.7 Feb 2024 monthly Jan 2009 - Feb 2024
Current Account Balance: % of GDP (%) -4.9 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Direct Investment (USD mn) 267.1 Feb 2024 monthly Jan 2009 - Feb 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) -144.653 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: CA: Goods & Services: Goods (USD mn) 142.799 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: CA: Goods & Services: Services (USD mn) -270.867 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: CA: Primary Income (USD mn) -148.900 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: CA: Secondary Income (USD mn) 132.315 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: Financial Account (FA) (USD mn) -310.619 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: Capital Account (USD mn) 10.392 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Direct Investment: Asset (USD mn) 3.286 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Direct Investment (USD mn) -263.832 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Direct Investment: Liabilities (USD mn) 267.118 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Portfolio Investment (USD mn) 33.165 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Portfolio Investment: Asset (USD mn) 27.697 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Portfolio Investment: Liabilities (USD mn) -5.469 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Financial Derivatives: Asset (USD mn) -2.282 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Financial Derivatives: Liabilities (USD mn) -0.026 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Financial Derivatives (USD mn) -2.255 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Other Investment (OI) (USD mn) -77.698 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: OI: Liabilities (USD mn) -2.388 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: OI: Asset (USD mn) -80.085 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: Reserves: Assets (USD mn) 125.115 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: Net Errors & Omissions (USD mn) -51.244 Feb 2024 monthly Jan 2009 - Feb 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 7.3 Feb 2024 monthly Dec 1996 - Feb 2024
Household Debt: % of GDP (%) 22.3 Dec 2023 quarterly Mar 2004 - Dec 2023
Non-Performing Loans (USD mn) 604.265 Feb 2024 monthly Dec 1996 - Feb 2024
Money Supply M1 (USD mn) 2,800.237 Feb 2024 monthly Dec 1996 - Feb 2024
Money Supply M2 (USD mn) 11,119.003 Feb 2024 monthly Dec 1996 - Feb 2024
M2 Growth (%) 24.3 Feb 2024 monthly Dec 1997 - Feb 2024
Reserve Requirement Ratio (%) 8.0 Mar 2024 monthly Jan 2005 - Mar 2024
Foreign Exchange Reserves (USD mn) 4,293.4 Feb 2024 monthly Dec 1992 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 21.476 Dec 2023 quarterly Dec 2010 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 6.5 Feb 2024 monthly Jan 1997 - Feb 2024
Gold Reserves (USD mn) 569.051 Feb 2024 monthly Dec 1980 - Feb 2024
Total Deposits (USD mn) 6,653.085 Feb 2024 monthly Jan 2000 - Feb 2024
Total Deposits Growth (%) 20.3 Feb 2024 monthly Jan 2001 - Feb 2024
Domestic Credit (USD mn) 8,409.9 Feb 2024 monthly Dec 1992 - Feb 2024
Domestic Credit Growth (%) 12.1 Feb 2024 monthly Dec 1993 - Feb 2024
Household Debt (USD mn) 4,834.2 Feb 2024 monthly Jan 2004 - Feb 2024
Total Loans (USD mn) 8,292.988 Feb 2024 monthly Dec 1996 - Feb 2024
Total Loans Growth (%) 23.91 Feb 2024 monthly Dec 1997 - Feb 2024
Private Debt: % of Nominal GDP (%) 38.96 Dec 2023 quarterly Dec 2010 - Dec 2023
Money Supply: M2: M1 (MNT mn) 9,470,094.647 Feb 2024 monthly Dec 1990 - Feb 2024
International Reserves: Gross (USD mn) 5,249.820 Mar 2024 monthly Jan 2006 - Mar 2024
Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 2,043,556.267 Feb 2024 monthly Dec 1996 - Feb 2024

More Indicators for Mongolia

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data