Mongolia Retail Sales Growth
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:
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 |
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 (%) | -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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