Mongolia GDP (2026)

IMF (2026)

Nominal (current) Gross Domestic Product (GDP) of Mongolia is $31.13 billion ($31,131,000,000) as of 2026, according to the International Monetary Fund (IMF). #122 in the world
The GDP growth rate in 2026 is 6.2%, according to the International Monetary Fund (IMF).
GDP per Capita in Mongolia (with a population of 3,556,798 people) is $8,570 in 2026, an increase of $1,510 from $7,060 in 2025; this represents a change of 21.4% in GDP per capita. #121 in the world

GDP Change (%)

Gross Domestic Product (GDP) of Mongolia

YearGDP Nominal (Current USD)GDP GrowthGDP per capitaPop. Change
2026$31,131,000,0006.2%$8,570+1.13%
2025$25,370,000,0006.8%$7,060+1.20%
2024$23,795,000,0005.1%$6,694+1.27%
2023$20,315,000,0007.4%$5,780+1.36%
2022$17,146,000,0005.0%$4,945+1.39%
2021$15,286,000,0001.6%$4,470+1.49%
2020$13,313,000,000−4.6%$3,954+1.82%
2019$14,206,000,0005.6%$4,309+2.03%
2018$13,207,000,0007.7%$4,078+2.04%
2017$11,481,000,0005.6%$3,613+2.09%
2016$11,154,000,0001.5%$3,575+2.16%
2015$11,620,000,0002.4%$3,800+2.18%
2014$12,227,000,0007.9%$4,081+2.14%
2013$12,582,000,00011.6%$4,294+2.02%
2012$12,278,000,00012.3%$4,281+1.83%
2011$10,410,000,00017.3%$3,702+1.61%
2010$7,185,000,0007.3%$2,602+1.37%
2009$4,584,000,000−2.1%$1,688+1.17%
2008$5,623,000,0007.8%$2,109+1.01%
2007$4,235,000,0008.8%$1,616+0.90%
2006$3,414,000,0008.2%$1,322+0.83%
2005$2,523,000,0006.5%$989+0.81%
2004$1,992,000,0009.4%$790+0.83%
2003$1,595,000,0007.4%$639+0.87%
2002$1,397,000,0005.3%$566+0.90%
2001$1,268,000,0004.6%$521+0.92%
2000$1,137,000,0001.1%$473+0.87%
1999$1,057,000,0003.1%$446+0.88%
1998$1,125,000,0003.3%$481+0.99%
1997$1,181,000,0003.9%$512+1.09%
1996$1,348,000,0002.2%$592+1.19%
1995$1,452,000,0006.4%$647+1.30%
1994$926,000,0002.1%$419+1.42%
1993$771,000,000−3.2%$352+1.54%
1992$1,566,000,000−9.3%$722+1.65%
1991$2,821,000,000−9.2%$1,325+1.76%
1990$2,678,000,000−2.5%$1,289+1.90%
1989$4,275,000,0004.2%–+2.31%
1988$4,104,000,0005.1%–+2.65%
1987$4,086,000,0003.5%–+2.63%
1986$3,636,000,0009.4%–+2.57%
1985$3,294,000,0005.7%–+2.52%
1984$2,837,000,0005.9%–+2.47%
1983$3,071,000,0005.8%–+2.45%
1982$2,963,000,0008.3%–+2.44%
1981$2,854,000,0008.4%–+2.44%
1980$2,728,000,0006.4%–+2.45%
YearGDP PPPGDP PPP per CapitaPPP Per Capita ChangePop. Change
2026$81,470,000,000$22,4288.6%+1.13%
2025$74,217,000,000$20,6548.5%+1.20%
2024$67,681,000,000$19,0416.6%+1.27%
2023$62,776,000,000$17,86210%+1.36%
2022$56,326,000,000$16,24511%+1.39%
2021$50,053,000,000$14,6378.2%+1.49%
2020$45,560,000,000$13,5300.3%+1.82%
2019$44,457,000,000$13,48510.5%+2.03%
2018$39,517,000,000$12,20211%+2.04%
2017$34,941,000,000$10,9955.6%+2.09%
2016$32,494,000,000$10,4150.4%+2.16%
2015$31,716,000,000$10,3721.3%+2.18%
2014$30,685,000,000$10,2427.4%+2.14%
2013$27,955,000,000$9,54011.1%+2.02%
2012$24,619,000,000$8,58512.2%+1.83%
2011$21,518,000,000$7,65317.6%+1.61%
2010$17,975,000,000$6,5106.9%+1.37%
2009$16,549,000,000$6,093−3.3%+1.17%
2008$16,795,000,000$6,3008%+1.01%
2007$15,283,000,000$5,83210.1%+0.90%
2006$13,682,000,000$5,29610.1%+0.83%
2005$12,271,000,000$4,8108.6%+0.81%
2004$11,171,000,000$4,43011.2%+0.83%
2003$9,941,000,000$3,9848.2%+0.87%
2002$9,081,000,000$3,6835.5%+0.90%
2001$8,494,000,000$3,4925.7%+0.92%
2000$7,939,000,000$3,3042.2%+0.87%
1999$7,675,000,000$3,2343.1%+0.88%
1998$7,343,000,000$3,1383%+0.99%
1997$7,026,000,000$3,0454.2%+1.09%
1996$6,648,000,000$2,9212.6%+1.19%
1995$6,386,000,000$2,8477%+1.30%
1994$5,880,000,000$2,6613.3%+1.42%
1993$5,637,000,000$2,575−1.8%+1.54%
1992$5,686,000,000$2,622−8.9%+1.65%
1991$6,127,000,000$2,877−8.4%+1.76%
1990$6,527,000,000$3,140–+1.90%
1989$6,452,000,000––+2.31%
1988$5,959,000,000––+2.65%
1987$5,474,000,000––+2.63%
1986$5,159,000,000––+2.57%
1985$4,622,000,000––+2.52%
1984$4,239,000,000––+2.47%
1983$3,863,000,000––+2.45%
1982$3,514,000,000––+2.44%
1981$3,055,000,000––+2.44%
1980$2,575,000,000––+2.45%
YearGDP Nominal (Current USD)GDP Real (Constant, Inflation Adjusted)Pop. Change
2025$25,369,107,325$17,424,613,413+1.20%
2024$23,794,540,025$16,308,475,359+1.27%
2023$20,325,121,394$15,513,848,973+1.36%
2022$17,146,471,714$14,441,951,079+1.39%
2021$15,286,441,738$13,749,955,732+1.49%
2020$13,312,981,429$13,528,524,951+1.82%
2019$14,206,359,018$14,174,566,537+2.03%
2018$13,178,094,720$13,422,599,720+2.04%
2017$11,480,847,741$12,457,761,003+2.09%
2016$11,181,350,649$11,793,003,948+2.16%
2015$11,619,892,591$11,619,892,591+2.18%
2014$12,226,514,668$11,349,786,312+2.14%
2013$12,582,122,604$10,520,241,545+2.02%
2012$12,292,770,632$9,422,609,645+1.83%
2011$10,409,797,378$8,389,088,994+1.61%
2010$7,189,481,999$7,152,385,862+1.37%
2009$4,583,850,368$6,724,368,909+1.17%
2008$5,623,216,608$6,810,770,268+1.01%
2007$4,234,999,704$6,254,129,712+0.90%
2006$3,414,055,662$5,672,782,077+0.83%
2005$2,523,471,601$5,225,662,153+0.81%
2004$1,992,066,808$4,872,245,747+0.83%
2003$1,595,297,356$4,404,273,778+0.87%
2002$1,396,555,720$4,115,965,440+0.90%
2001$1,267,997,934$3,929,961,222+0.92%
2000$1,136,896,124$3,817,248,911+0.87%
1999$1,057,408,589$3,773,996,565+0.88%
1998$1,124,440,205$3,661,572,769+0.99%
1997$1,180,934,203$3,543,231,097+1.09%
1996$1,345,719,472$3,410,339,918+1.19%
1995$1,452,165,005$3,335,782,059+1.30%
1994$925,817,092$3,135,828,262+1.42%
1993$768,401,634$3,070,296,388+1.54%
1992$1,317,611,864$3,170,771,528+1.65%
1991$2,379,018,326$3,494,212,070+1.76%
1990$2,560,785,660$3,826,905,841+1.90%
1989$3,576,966,800$3,952,780,564+2.31%
1988$3,204,461,567$3,794,249,397+2.65%
1987$3,020,611,600$3,609,858,809+2.63%
1986$2,896,178,867$3,489,180,327+2.57%
1985$2,186,505,475$3,190,107,887+2.52%
1984$2,098,734,600$3,017,709,971+2.47%
1983$2,725,736,633$2,848,685,511+2.45%
1982$2,552,401,933$2,691,653,428+2.44%
1981$2,310,099,100$2,484,401,291+2.44%
1980$2,101,394,100–+2.45%

Mongolia GDP Projections (IMF)

YearGDP Nominal (Current USD)GDP GrowthGDP per capitaPop. Change
2027$33,769,000,0005.9%$9,196+1.08%
2028$34,881,000,0005.6%$9,396+1.04%
2029$37,083,000,0005.1%$9,882+1.01%
2030$39,706,000,0005.0%$10,467+0.98%
2031$42,590,000,0005.0%$11,106+0.96%
YearGDP PPPGDP PPP per CapitaPPP Per Capita ChangePop. Change
2027$88,953,000,000$24,224−6.2%+1.08%
2028$95,879,000,000$25,828−5.6%+1.04%
2029$102,685,000,000$27,363−5.5%+1.01%
2030$109,837,000,000$28,953−5.4%+0.98%
2031$117,339,000,000$30,597–+0.96%

Sources:

IMF, World Economic Outlook (October 2026).
World Bank
National Accounts Data – United Nations Statistics Division
World Population Prospects: The 2024 Revision – United Nations Population Division

See Also:

GDP by Country
GDP per Capita by Country
What is GDP?
Population of Mongolia