Mongolia Real GDP Growth
The Gross Domestic Product (GDP) in Mongolia contracted 3.1 % YoY in Sep 2020, following a negative growth of 9.1 % in the previous quarter. Real GDP Growth YoY data in Mongolia is updated quarterly, available from Mar 2011 to Sep 2020, with an average rate of 6.7 %. The data reached an all-time high of 21.6 % in Sep 2011 and a record low of -10.7 % in Mar 2020. CEIC calculates Real GDP Growth from quarterly Real GDP. The National Statistics Office of Mongolia provides Real GDP in local currency, at 2010 prices.
In the latest reports, Nominal GDP of Mongolia reached 3.4 USD bn in Sep 2020. Its GDP deflator (implicit price deflator) increased 4.6 % in Jun 2020. GDP Per Capita in Mongolia reached 4,245.4 USD in Dec 2019. Its Gross Savings Rate was measured at 32.9 % in Sep 2020.
View Mongolia's Real GDP Growth from Mar 2011 to Sep 2020 in the chart:
What was Mongolia's Real GDP Growth in Sep 2020?
|-3.1 Sep 2020||-9.1 Jun 2020||-10.7 Mar 2020||21.6 Sep 2011||%||quarterly||Mar 2011 - Sep 2020|
Real GDP Growth by Country Comparison
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|Albania (%)||-11.0 Jun 2020||quarterly||Mar 2010 - Jun 2020|
|Algeria (%)||-3.9 Mar 2020||quarterly||Mar 2012 - Mar 2020|
|Argentina (%)||-19.8 Jun 2020||quarterly||Mar 2005 - Jun 2020|
|Armenia (%)||-9.1 Sep 2020||quarterly||Mar 2001 - Sep 2020|
|Australia (%)||-6.3 Jun 2020||quarterly||Sep 1960 - Jun 2020|
|Austria (%)||-14.5 Jun 2020||quarterly||Mar 1989 - Jun 2020|
|Azerbaijan (%)||0.2 Mar 2020||quarterly||Mar 2001 - Mar 2020|
|Bahrain (%)||-8.9 Jun 2020||quarterly||Mar 2009 - Jun 2020|
|Bangladesh (%)||5.2 2020||yearly||2007 - 2020|
|Belarus (%)||-3.3 Jun 2020||quarterly||Mar 2006 - Jun 2020|
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Mongolia Key Series
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|Government and Public Finance||Last||Frequency||Range|
|Consolidated Fiscal Balance: % of GDP (%)||-10.6 Sep 2020||quarterly||Dec 2000 - Sep 2020|
|Consolidated Fiscal Balance (USD mn)||-182.129 Oct 2020||monthly||Jan 2000 - Oct 2020|
|Tax Revenue (USD mn)||273.522 Dec 2020||monthly||Jan 2000 - Dec 2020|
|Tax Revenue: % of GDP (%)||19.8 Sep 2020||quarterly||Mar 2000 - Sep 2020|
|Forecast: Government Expenditure (MNT bn)||23,933.774 2025||yearly||1981 - 2025|
|Forecast: Government Net Debt (MNT bn)||0.000||yearly||-|
|Forecast: Government Revenue (MNT bn)||21,668.052 2025||yearly||1981 - 2025|
|General Government Balance: ytd (MNT mn)||-4,539,200.000 Dec 2020||monthly||Dec 1999 - Dec 2020|
|General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn)||2,036,484.561 Nov 2020||monthly||Dec 1999 - Nov 2020|
|General Government Revenue & Grants: ytd: Tax: Excises (MNT mn)||708,659.294 Nov 2020||monthly||Dec 1999 - Nov 2020|
|General Government Expenditure & NL: ytd: Expenditure (MNT mn)||11,918,595.953 Nov 2020||monthly||Dec 1999 - Nov 2020|
|General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn)||9,556,219.896 Nov 2020||monthly||Dec 1999 - Nov 2020|
|General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn)||2,362,376.057 Nov 2020||monthly||Dec 1999 - Nov 2020|
|General Government Expenditure & NL: ytd: Net Lending (MNT mn)||37,600.000 Dec 2020||monthly||Dec 1999 - Dec 2020|
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