Mongolia Retail Sales Growth

2012 - 2023 | Quarterly | % | CEIC Data

Key information about Mongolia Retail Sales Growth

  • Mongolia Retail Sales grew 14.9 % YoY in Dec 2023, compared with a 16.4 % increase in the previous quarter.
  • Mongolia Retail Sales Growth YoY data is updated quarterly, available from Mar 2012 to Dec 2023, with an average growth rate of 4.0 %.
  • The data reached an all-time high of 265.4 % in Dec 2012 and a record low of -37.3 % in Dec 2014.
  • In the latest reports, Car Sales of Mongolia recorded 3,800.0 units in Dec 2019, representing a drop of 41.0 %.

CEIC calculates quarterly Retail Sales: Incl. Motor Vehicles Growth from monthly Domestic Retail Trade Sales. The National Statistics Office of Mongolia provides Domestic Retail Trade Sales as estimated values in local currency. Retail Sales: Incl. Motor Vehicles Growth prior to Q1 2019 is calculated from Domestic Retail Trade Sales, based on a sample survey of entities.

View Mongolia's Retail Sales Growth from Mar 2012 to Dec 2023 in the chart:

Mongolia Retail Sales Growth

What was Mongolia's Retail Sales Growth in Dec 2023?

Mongolia Retail Sales grew 14.9 % YoY in Dec 2023, compared with a 16.4 % increase in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
14.9 Dec 2023 16.4 Sep 2023 -37.3 Dec 2014 265.4 Dec 2012 % quarterly Mar 2012 - Dec 2023

Retail Sales Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 6.1 Jun 2025 monthly Jan 2006 - Jun 2025
Argentina (%) -0.8 Sep 2025 monthly Jan 2018 - Sep 2025
Armenia (%) 6.7 Sep 2025 monthly Jan 2001 - Sep 2025
Australia (%) 4.2 May 2023 monthly Apr 1983 - May 2023
Austria (%) -2.4 Aug 2025 monthly Jan 2007 - Aug 2025
Azerbaijan (%) 9.8 Oct 2025 monthly Dec 2007 - Oct 2025
Belarus (%) 3.9 Oct 2025 monthly Oct 2008 - Oct 2025
Belgium (%) 0.8 Sep 2025 monthly Jan 2007 - Sep 2025
Bosnia and Herzegovina (%) 9.0 Oct 2025 monthly Jan 2013 - Oct 2025
Brazil (%) 0.2 Sep 2025 monthly Jan 2001 - Sep 2025
Bulgaria (%) 4.9 Sep 2025 monthly Jan 2001 - Sep 2025
Canada (%) 3.5 Sep 2025 monthly Jan 1992 - Sep 2025
Chile (%) 9.0 Oct 2025 monthly Jan 2015 - Oct 2025
China (%) 2.9 Oct 2025 monthly Jan 1994 - Oct 2025
Colombia (%) 10.8 Sep 2025 monthly Jan 2014 - Sep 2025
Croatia (%) 3.8 Oct 2025 monthly Jan 2001 - Oct 2025
Cyprus (%) 10.2 Oct 2025 monthly Jan 2006 - Oct 2025
Czech Republic (%) 4.3 Sep 2025 monthly Jan 2001 - Sep 2025
Denmark (%) 3.8 Oct 2025 monthly Jan 2001 - Oct 2025
Egypt (%) 25.1 2022 yearly 1996 - 2022
Estonia (%) 7.6 Sep 2025 quarterly Mar 1996 - Sep 2025
European Union (%) 1.2 Sep 2025 monthly Jan 2000 - Sep 2025
Finland (%) 1.0 Oct 2025 monthly Jan 1996 - Oct 2025
France (%) 2.0 Sep 2025 monthly Jan 1996 - Sep 2025
Georgia (%) 9.8 Jun 2025 quarterly Mar 2010 - Jun 2025
Germany (%) 0.9 Oct 2025 monthly Jan 1995 - Oct 2025
Greece (%) -1.4 Sep 2025 monthly Jan 2001 - Sep 2025
Hong Kong SAR, China (%) 5.2 Oct 2025 monthly Jan 1982 - Oct 2025
Hungary (%) 3.0 Sep 2025 monthly Jan 2001 - Sep 2025
Iceland (%) 5.6 Aug 2025 monthly Feb 2002 - Aug 2025
Indonesia (%) 4.3 Oct 2025 monthly Jan 2011 - Oct 2025
Ireland (%) 1.6 Oct 2025 monthly Jan 2006 - Oct 2025
Israel (%) 8.5 Sep 2025 monthly Jan 1998 - Sep 2025
Italy (%) -0.5 Sep 2025 monthly Jan 2001 - Sep 2025
Japan (%) 1.8 Oct 2025 monthly Oct 1992 - Oct 2025
Kazakhstan (%) 8.7 Oct 2025 monthly Jan 2006 - Oct 2025
South Korea (%) 3.3 Oct 2025 monthly Jan 1996 - Oct 2025
Kyrgyzstan (%) 14.5 2023 yearly 1990 - 2023
Latvia (%) 4.1 Oct 2025 monthly Jan 2001 - Oct 2025
Lithuania (%) 3.8 Oct 2025 monthly Jan 1999 - Oct 2025
Luxembourg (%) 0.5 Oct 2025 monthly Jan 2006 - Oct 2025
Macau SAR, China (%) 3.6 Sep 2025 quarterly Mar 2002 - Sep 2025
North Macedonia (%) 3.0 Oct 2025 monthly Jan 2011 - Oct 2025
Malaysia (%) 7.0 Sep 2025 monthly Jan 2014 - Sep 2025
Malta (%) 3.4 Sep 2025 quarterly Mar 2001 - Sep 2025
Mexico (%) 2.4 Sep 2025 monthly Jan 2002 - Sep 2025
Moldova (%) 33.5 Sep 2025 monthly Jan 2011 - Sep 2025
Mongolia (%) 14.9 Dec 2023 quarterly Mar 2012 - Dec 2023
Montenegro (%) 3.6 Oct 2025 monthly Jan 2007 - Oct 2025
Netherlands (%) 2.3 Oct 2025 monthly Jan 2001 - Oct 2025
New Zealand (%) 3.9 Sep 2025 quarterly Sep 1996 - Sep 2025
Norway (%) 3.4 Oct 2025 monthly Jan 1980 - Oct 2025
Palestinian Territory (%) -0.2 2018 yearly 2011 - 2018
Peru (%) 8.8 May 2025 monthly Jan 2015 - May 2025
Poland (%) 0.9 Aug 2025 monthly Jan 2001 - Aug 2025
Portugal (%) 5.0 Sep 2025 monthly Jan 2001 - Sep 2025
Qatar (%) 47.3 2022 yearly 1987 - 2022
Romania (%) -2.0 Sep 2025 monthly Jan 2001 - Sep 2025
Russia (%) 1.8 Sep 2025 monthly Jan 1994 - Sep 2025
Serbia (%) 7.4 Oct 2025 monthly Dec 2004 - Oct 2025
Singapore (%) 1.2 Sep 2025 monthly Jan 1986 - Sep 2025
Slovakia (%) 1.4 Sep 2025 monthly Jan 2001 - Sep 2025
Slovenia (%) 2.1 Oct 2025 monthly Jan 2001 - Oct 2025
South Africa (%) 3.2 Sep 2025 monthly Jan 2003 - Sep 2025
Spain (%) 3.1 Dec 2023 monthly Jan 2001 - Dec 2023
Sweden (%) 4.2 Oct 2025 monthly Jan 1991 - Oct 2025
Switzerland (%) 2.6 Oct 2025 monthly Jan 2001 - Oct 2025
Taiwan (%) 1.5 Oct 2025 monthly Jan 2000 - Oct 2025
Thailand (%) 49.8 Sep 2025 monthly Jan 1996 - Sep 2025
Turkey (%) 11.2 Dec 2023 monthly Jan 2011 - Dec 2023
Ukraine (%) 20.6 Sep 2025 monthly Jan 2008 - Sep 2025
United Kingdom (%) 0.2 Oct 2025 monthly Jan 1997 - Oct 2025
United States (%) 4.1 Sep 2025 monthly Jan 1993 - Sep 2025
Uzbekistan (%) 15.7 Oct 2025 monthly Jan 2019 - Oct 2025
Venezuela (%) -53.5 Jan 2019 monthly Jan 2005 - Jan 2019
Vietnam (%) 8.0 Oct 2025 monthly Sep 2004 - Oct 2025

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Mongolia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.2 Sep 2025 quarterly Dec 2000 - Sep 2025
Consolidated Fiscal Balance (USD mn) -72.316 Oct 2025 monthly Jan 2000 - Oct 2025
Tax Revenue (USD mn) 524.268 Oct 2025 monthly Jan 2000 - Oct 2025
Tax Revenue: % of GDP (%) 27.4 Sep 2025 quarterly Mar 2000 - Sep 2025
Government Debt: % of GDP (%) 38.6 Jun 2025 quarterly Dec 2017 - Jun 2025
Forecast: Government Expenditure (MNT bn) 58,083.013 2030 yearly 1981 - 2030
Forecast: Government Net Debt (MNT bn) 98,835.528 2030 yearly 2006 - 2030
Forecast: Government Revenue (MNT bn) 53,758.183 2030 yearly 1981 - 2030
General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 7,924,167.600 Dec 2024 monthly Dec 1999 - Dec 2024
General Government Balance: ytd (MNT mn) -492,703.800 Jan 2025 monthly Dec 1999 - Jan 2025
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 296,288.913 Jan 2025 monthly Dec 1999 - Jan 2025
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 2,154,886.548 Jan 2025 monthly Dec 1999 - Jan 2025
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 113,203.269 Jan 2025 monthly Dec 1999 - Jan 2025
General Government Expenditure & NL: ytd: Net Lending (MNT mn) 6,007.785 Jan 2025 monthly Dec 1999 - Jan 2025
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 22,066,910.300 Dec 2024 monthly Dec 1999 - Dec 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
Trade Balance (USD mn) 677.6 Oct 2025 monthly Jan 1997 - Oct 2025
Total Exports (USD mn) 1,522.4 Oct 2025 monthly Jan 1997 - Oct 2025
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) 117.835 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 3,906.650 2024 yearly 1995 - 2024
Total Imports (USD mn) 844.8 Oct 2025 monthly Jan 1997 - Oct 2025
Total Imports Growth (%) -14.0 Oct 2025 monthly Jan 1998 - Oct 2025
Imports: Medicament (USD th) 194,649.356 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 151,307.381 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 6.893 Oct 2025 monthly Dec 1999 - Oct 2025
Total Imports from USA (USD mn) 20.683 Oct 2025 monthly Dec 1999 - Oct 2025
Total Exports to China (USD mn) 1,250.033 Oct 2025 monthly Dec 1999 - Oct 2025
Total Imports from China (USD mn) 380.269 Oct 2025 monthly Dec 1999 - Oct 2025
Exports: Live Animals and Products of Animal Origin (USD th) 5,098.791 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: Textiles and Textile Articles (USD th) 13,101.987 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: Mineral Products (USD th) 838,352.397 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: Base Metals and Articles Thereof (USD th) 5,374.900 Mar 2019 monthly Dec 1999 - Mar 2019
Exports: Asia: North Eastern: ow China (USD th) 863,547.687 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: Europe: European Union: ow United Kingdom (USD th) 319.274 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 146,491.254 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Mineral Products (USD th) 209,490.684 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 142,993.417 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Base Metals and Articles Thereof (USD th) 47,145.766 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Food Products (USD th) 57,743.099 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: America: ow USA (USD th) 30,303.696 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 29,096.402 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Asia: North Eastern: ow China (USD th) 207,203.752 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Asia: North Eastern: ow Japan (USD th) 100,806.768 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Europe: Others: ow Russian Federation (USD th) 236,393.169 Feb 2025 monthly Dec 1999 - Feb 2025
Export Value Index (2015=100) 198.040 2021 yearly 1980 - 2021
Import Value Index (2015=100) 180.345 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 109.807 2021 yearly 2000 - 2021
Import Volume Index (2015=100) 147.693 2021 yearly 2000 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 0.8 Oct 2025 monthly Jan 2009 - Oct 2025
Current Account Balance (USD mn) 149.9 Oct 2025 monthly Jan 2009 - Oct 2025
Current Account Balance: % of GDP (%) 2.3 Sep 2025 quarterly Mar 2000 - Sep 2025
Foreign Direct Investment (USD mn) 188.0 Oct 2025 monthly Jan 2009 - Oct 2025
Foreign Direct Investment: % of GDP (%) 10.0 Sep 2025 quarterly Mar 2000 - Sep 2025
Foreign Portfolio Investment (USD mn) 611.706 Sep 2025 quarterly Mar 1998 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 11.1 Sep 2025 quarterly Mar 2000 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 41.1 Sep 2025 quarterly Mar 1998 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 570.638 Sep 2025 quarterly Mar 1998 - Sep 2025
External Debt (USD mn) 39,612.5 Jun 2025 quarterly Mar 2000 - Jun 2025
External Debt: % of GDP (%) 157.9 2024 yearly 1992 - 2024
External Debt: Short Term (USD mn) 2,815.4 Jun 2025 quarterly Mar 2000 - Jun 2025
External Debt: Short Term: % of GDP (%) 8.6 2024 yearly 1992 - 2024
Forecast: Current Account Balance (USD bn) -4.117 2030 yearly 1991 - 2030
Net International Investment Position (USD mn) -45,651.362 Sep 2025 quarterly Dec 2010 - Sep 2025
BoP: Capital Account (USD mn) 9.043 Oct 2025 monthly Jan 2009 - Oct 2025
BoP: FA: Direct Investment: Liabilities (USD mn) 188.011 Oct 2025 monthly Jan 2009 - Oct 2025
BoP: FA: Portfolio Investment: Asset (USD mn) 5.970 Oct 2025 monthly Jan 2009 - Oct 2025
BoP: FA: OI: Asset (USD mn) 184.965 Oct 2025 monthly Jan 2009 - Oct 2025
Balance of Payments (BoP): Current Account (CA) (USD mn) -521.897 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: CA: Goods & Services: Goods (USD mn) -1.574 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: CA: Primary Income (USD mn) -197.620 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: CA: Goods & Services: Services (USD mn) -320.947 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: CA: Secondary Income (USD mn) -1.757 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Direct Investment (USD mn) -78.933 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: Financial Account (FA) (USD mn) 4.999 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Direct Investment: Asset (USD mn) 15.874 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Portfolio Investment: Liabilities (USD mn) 24.330 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Portfolio Investment (USD mn) -26.075 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Financial Derivatives: Asset (USD mn) -0.065 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Financial Derivatives (USD mn) 2.416 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Financial Derivatives: Liabilities (USD mn) -2.481 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: OI: Liabilities (USD mn) -165.570 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: Reserves: Assets (USD mn) -680.711 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: Net Errors & Omissions (USD mn) -159.513 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Other Investment (OI) (USD mn) 107.590 Jan 2025 monthly Jan 2009 - Jan 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.3 Oct 2025 monthly Dec 1996 - Oct 2025
Household Debt: % of GDP (%) 29.7 Sep 2025 quarterly Mar 2004 - Sep 2025
Non-Performing Loans (USD mn) 642.373 Oct 2025 monthly Dec 1996 - Oct 2025
Money Supply M1 (USD mn) 3,066.500 Oct 2025 monthly Dec 1996 - Oct 2025
Money Supply M2 (USD mn) 12,563.189 Oct 2025 monthly Dec 1996 - Oct 2025
M2 Growth (%) 7.0 Oct 2025 monthly Dec 1997 - Oct 2025
Reserve Requirement Ratio (%) 13.0 Nov 2025 monthly Jan 2005 - Nov 2025
Foreign Exchange Reserves (USD mn) 4,841.5 Sep 2025 monthly Dec 1992 - Sep 2025
Foreign Exchange Reserves: % of GDP (%) 19.853 Sep 2025 quarterly Dec 2010 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 4.6 Sep 2025 monthly Jan 1997 - Sep 2025
Gold Reserves (USD mn) 935.569 Sep 2025 monthly Dec 1980 - Sep 2025
Total Deposits (USD mn) 8,200.173 Oct 2025 monthly Jan 2000 - Oct 2025
Total Deposits Growth (%) 16.7 Oct 2025 monthly Jan 2001 - Oct 2025
Domestic Credit (USD mn) 11,918.7 Oct 2025 monthly Dec 1991 - Oct 2025
Domestic Credit Growth (%) 22.7 Oct 2025 monthly Dec 1992 - Oct 2025
Household Debt (USD mn) 7,203.3 Oct 2025 monthly Jan 2004 - Oct 2025
Total Loans (USD mn) 12,204.073 Oct 2025 monthly Dec 1996 - Oct 2025
Total Loans Growth (%) 23.48 Oct 2025 monthly Dec 1997 - Oct 2025
Private Debt: % of Nominal GDP (%) 49.12 Sep 2025 quarterly Dec 2010 - Sep 2025
International Reserves: Gross (USD mn) 5,886.140 Nov 2025 monthly Jan 2006 - Nov 2025
Money Supply: M2: M1 (MNT mn) 10,832,174.537 Jan 2025 monthly Dec 1990 - Jan 2025
Deposits (MNT tn) 26.500 Jan 2025 monthly Jan 2000 - Jan 2025
Deposits: Corporate (MNT tn) 4.200 Jan 2025 monthly May 2018 - Jan 2025
Deposits: Individual (MNT tn) 22.300 Jan 2025 monthly May 2018 - Jan 2025
Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 1,932,525.472 Jan 2025 monthly Dec 1996 - Jan 2025

More Indicators for Mongolia

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