Nominal GDP
$25.37B
current US$ · 2025
World Bank
🇲🇳
Economy Snapshot
Mongolia Economy and Trade
UlaanbaatarLocal time
GDP $25.37B · real growth 6.8% · latest verified annual data
The macro snapshot for Mongolia pairs $25.37B in nominal GDP (2025) with a real-growth reading of 6.8% (2025). Per-capita GDP is $7,108 for 2025; inflation is 8.6% on the page's 2025 CPI observation. Reference years remain attached to each series so readers can compare the figures without treating differently dated measures as one snapshot.
GDP per capita
$7,108
current US$ · 2025
Source listed below
Real GDP growth
6.8%
annual % · 2025
Source listed below
Inflation
8.6%
CPI annual % · 2025
Source listed below
Mongolia at a Glance
Each measure keeps its actual reference year and definition.
Output trend
Nominal GDP · annual observations · current US$ · World Bank
2015: $11.62B2016: $11.18B2017: $11.48B2018: $13.18B2019: $14.21B2020: $13.31B2021: $15.29B2022: $17.15B2023: $20.33B2024: $23.79B2025: $25.37B
GDP per capita$7,108
Real growth6.8%
GDP year2025
2025 Inflation
8.6%
CPI annual %
2025 Unemployment
5.2%
labor-market measure
2025 GDP per capita
$7,108
current US$
Macro signals and Merchandise trade
Available measures are shown with their reported reference periods.
Macro signals
World Bank annual observations
Real growth20256.8%
Unemployment20255.2%
Inflation20258.6%
Merchandise trade
WTO profile · 2024 · USD
Exports$15.77B
Imports$11.61B
Balance+$4.16B
Largest highlighted export destination
China91.4%
Understand the numbers
What Mongolia's economic profile is telling you
Mongolia grew rapidly in 2025, with real GDP expanding by 6.8 percent, although inflation remained elevated at 8.6 percent. Matched 2024 WTO merchandise data show a sizeable goods surplus and an exceptionally concentrated export market, with China taking more than nine-tenths of exports.
Reading the macro data
Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.
Reading the trade data
Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.
Detailed Economic Data
| Indicator | Mongolia | Reference period | Status |
|---|---|---|---|
| GDPcurrent US$ | $25.37B | 2025 | Actual |
| GDP per capitacurrent US$ | $7,108 | 2025 | Actual |
| Real GDP growthannual % | 6.8% | 2025 | Actual |
| InflationCPI annual % | 8.6% | 2025 | Actual |
| Unemploymentmodeled ILO estimate | 5.2% | 2025 | Estimate |
| Merchandise exportscurrent USD | $15.77B | 2024 | Actual |
| Merchandise importscurrent USD | $11.61B | 2024 | Actual |
Frequently Asked Questions
What is Mongolia's latest GDP?
The verified GDP observation used here is $25.37B for 2025.
What does merchandise trade show for Mongolia?
Merchandise exports were $15.77B and imports were $11.61B in 2024, giving a same-year goods balance of +$4.16B.
Sources & methodology
Sources for the economic indicators and definitions shown above.
View sources used for this page
Core macroeconomic indicators with explicit reference years.
Official data: GDP · GDP per capita · Real growth · Inflation · Unemployment
Matched-year merchandise exports and imports from the WTO economy profile.
Official data: WTO country profile