Mongolia has made significant progress in developing its anti-corruption policy, legislation and institutions over the past few years. However, progress has recently slowed and there are increasing concerns about the future direction and pace of reforms, according to a new OECD report.

Imports from Mongolia in Germany decreased to 880 EUR THO in February from 1563 EUR THO in January of 2020. Imports from Mongolia in Germany averaged 853.60 EUR THO from 2000 until 2020, reaching an all time high of 3443 EUR THO in April of 2015 and a record low of 1 EUR THO in March of 2001. This page includes a chart with historical data for Germany Imports from Mongolia.

IP Addresses in Mongolia increased to 31363 IP in the first quarter of 2017 from 28598 IP in the fourth quarter of 2016. IP Addresses in Mongolia averaged 30120.26 IP from 2007 until 2017, reaching an all time high of 54433 IP in the first quarter of 2012 and a record low of 5239 IP in the third quarter of 2007. This page includes a chart with historical data for MongoliaIP Addresses.

Temperature in Mongolia decreased to -15.90 celsius in December from -10.41 celsius in November of 2015. Temperature in Mongolia averaged -0.80 celsius from 1820 until 2015, reaching an all time high of 20.72 celsius in July of 2007 and a record low of -27.44 celsius in January of 1861. This page includes a chart with historical data for Mongolia Average Temperature.

Precipitation in Mongolia decreased to 3.43 mm in December from 8.91 mm in November of 2015. Precipitation in Mongolia averaged 18.96 mm from 1901 until 2015, reaching an all time high of 114.22 mm in July of 1993 and a record low of 0.34 mm in February of 1982. This page includes a chart with historical data for Mongolia Average Precipitation.

The Gross Domestic Product (GDP) in Mongolia expanded 6.10 percent in the first quarter of 2018 over the previous quarter. GDP Growth Rate in Mongolia averaged 5.45 percent from 1991 until 2018, reaching an all time high of 17.50 percent in the fourth quarter of 2011 and a record low of -9.30 percent in the fourth quarter of 1992. Mongolia is a transition economy in Central Asia. Despite economic reforms and strong GDP growth in the last few years, 30% of the population still lives below the poverty line. Mongolia's economy is centered on mining and livestock agriculture. The nation is rich in mineral resources with copper, coal, molybdenum, tin, tungsten, and gold being the most important. Mongolia is the world's biggest producer of cashmere. This page provides - Mongolia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mongolia recorded a Current Account deficit of 14.60 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Mongolia averaged -6.41 percent from 1991 until 2018, reaching an all time high of 5.43 percent in 2006 and a record low of -27.40 percent in 2012. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Mongolia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mongolia recorded a Government Budget deficit equal to 3.40 percent of the country's Gross Domestic Product in 2018. Government Budget in Mongolia averaged -5.33 percent of GDP from 1990 until 2018, reaching an all time high of 6.40 percent of GDP in 2006 and a record low of -17 percent of GDP in 2016. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Mongolia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Mongolia increased to 90 USD Million in 2018 from 83 USD Million in 2017. Military Expenditure in Mongolia averaged 58.90 USD Million from 1990 until 2018, reaching an all time high of 121.80 USD Million in 1990 and a record low of 30.20 USD Million in 1994.

The Gross Domestic Product per capita in Mongolia was last recorded at 4197.80 US dollars in 2018. The GDP per Capita in Mongolia is equivalent to 33 percent of the world's average. GDP per capita in Mongolia averaged 2191.70 USD from 1981 until 2018, reaching an all time high of 4197.80 USD in 2018 and a record low of 1363.70 USD in 1993. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Mongolia GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Mongolia was last recorded at 12209.20 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Mongolia, when adjusted by Purchasing Power Parity is equivalent to 69 percent of the world's average. GDP per capita PPP in Mongolia averaged 6842.20 USD from 1990 until 2018, reaching an all time high of 12209.20 USD in 2018 and a record low of 3966.20 USD in 1993. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Mongolia GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Mongolia decreased to 54.20 percent in the third quarter of 2019 from 54.60 percent in the second quarter of 2019. Employment Rate in Mongolia averaged 56.08 percent from 2006 until 2019, reaching an all time high of 60.30 percent in the third quarter of 2012 and a record low of 52.80 percent in the first quarter of 2009. This page provides - Mongolia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mining production in Mongolia decreased 29.30 percent in December of 2019 over the same month in the previous year. Mining Production in Mongolia averaged 14.25 percent from 2010 until 2019, reaching an all time high of 102.40 percent in July of 2010 and a record low of -30.60 percent in December of 2011. This page provides - Mongolia Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mongolia scored 35 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Mongolia averaged 33.53 Points from 1999 until 2019, reaching an all time high of 43 Points in 1999 and a record low of 27 Points in 2009. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Mongolia Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mongolia is the 106 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Mongolia averaged 93.35 from 1999 until 2019, reaching an all time high of 120 in 2009 and a record low of 43 in 1999. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Mongolia Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Housing Index in Mongolia decreased to 1.09 points in December from 1.10 points in November of 2019. Housing Index in Mongolia averaged 1.08 points from 2013 until 2019, reaching an all time high of 1.26 points in March of 2014 and a record low of 0.98 points in January of 2017. Housing Price Index in Mongolia is calculated by applying Hedonic regression methods which is based on the information available for around 5000 old and new houses supplied for sale at the real estate market of Ulaanbaatar for the particular month. This page provides - Mongolia Housing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Banks Balance Sheet in Mongolia increased to 35859341.42 MNT Million in December from 34913955.66 MNT Million in November of 2019. Banks Balance Sheet in Mongolia averaged 16907104.51 MNT Million from 2008 until 2019, reaching an all time high of 35859341.42 MNT Million in December of 2019 and a record low of 3295107.90 MNT Million in January of 2008. This page provides - Mongolia Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Mongolia decreased to 3904158.40 MNT Million in December from 3995133.30 MNT Million in November of 2019. Money Supply M1 in Mongolia averaged 1601398.14 MNT Million from 2006 until 2019, reaching an all time high of 4180772.30 MNT Million in October of 2019 and a record low of 262113.50 MNT Million in February of 2006. This page provides - Mongolia Money Supply M1- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Mongolia increased to 20833777.90 MNT Million in December from 20478916.10 MNT Million in November of 2019. Money Supply M2 in Mongolia averaged 8182286.54 MNT Million from 2006 until 2019, reaching an all time high of 20833777.90 MNT Million in December of 2019 and a record low of 1145392.30 MNT Million in February of 2006. This page provides - Mongolia Money Supply M2- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Electricity Production in Mongolia increased to 651.40 Gigawatt-hour in December from 591.90 Gigawatt-hour in November of 2019. Electricity Production in Mongolia averaged 313.25 Gigawatt-hour from 2000 until 2019, reaching an all time high of 651.40 Gigawatt-hour in December of 2019 and a record low of 140.52 Gigawatt-hour in August of 2001. This page provides - Mongolia Electricity Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mongolia recorded a government budget surplus of 627770.70 MNT Million in December of 2019. Government Budget Value in Mongolia averaged -144065.41 MNT Million from 2000 until 2019, reaching an all time high of 1458869.50 MNT Million in October of 2018 and a record low of -3667830.20 MNT Million in December of 2016. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Mongolia Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Mongolia decreased to 4015.50 USD Million in November from 4033.80 USD Million in October of 2019. Foreign Exchange Reserves in Mongolia averaged 1853.30 USD Million from 2006 until 2019, reaching an all time high of 4125.80 USD Million in December of 2012 and a record low of 326 USD Million in January of 2006. This page provides - Mongolia Foreign Exchange Reserves- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Mongolia stands at 25 percent. In Mongolia, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Mongolia. This page provides - Mongolia Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Mongolia decreased to 8.10 percent in the fourth quarter of 2019 from 9.90 percent in the third quarter of 2019. Unemployment Rate in Mongolia averaged 7.06 percent from 1990 until 2019, reaching an all time high of 11.80 percent in the first quarter of 2019 and a record low of 2.80 percent in the fourth quarter of 2007. In Mongolia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Mongolia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Mongolia expanded 5.10 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Mongolia averaged 5.63 percent from 1991 until 2019, reaching an all time high of 17.50 percent in the fourth quarter of 2011 and a record low of -9.30 percent in the fourth quarter of 1992. Mongolia's services sector is the biggest and accounts for 43 percent of GDP. Industry has been expanding heavily in the past few years, contributing the most to economic growth and accounting for 34 percent of total output. Finally, agriculture makes up for 13 percent of total GDP. This page provides - Mongolia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Mongolia increased to 5383314.90 MNT Million in the fourth quarter of 2019 from 5010124.90 MNT Million in the third quarter of 2019. GDP Constant Prices in Mongolia averaged 3745527.01 MNT Million from 2010 until 2019, reaching an all time high of 5383314.90 MNT Million in the fourth quarter of 2019 and a record low of 1674571.54 MNT Million in the first quarter of 2010. This page provides - Mongolia Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Mining in Mongolia increased to 1073577.50 MNT Million in the fourth quarter of 2019 from 1043521.60 MNT Million in the third quarter of 2019. GDP From Mining in Mongolia averaged 818691.56 MNT Million from 2010 until 2019, reaching an all time high of 1294584.90 MNT Million in the fourth quarter of 2016 and a record low of 395477.20 MNT Million in the first quarter of 2010. This page provides - Mongolia Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Transport in Mongolia increased to 564840.20 MNT Million in the fourth quarter of 2019 from 370644 MNT Million in the third quarter of 2019. GDP From Transport in Mongolia averaged 256522.13 MNT Million from 2010 until 2019, reaching an all time high of 567307.80 MNT Million in the fourth quarter of 2018 and a record low of 122199.13 MNT Million in the first quarter of 2010. This page provides - Mongolia Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Utilities in Mongolia increased to 109161.50 MNT Million in the fourth quarter of 2019 from 61792.50 MNT Million in the third quarter of 2019. GDP From Utilities in Mongolia averaged 69096.48 MNT Million from 2010 until 2019, reaching an all time high of 109161.50 MNT Million in the fourth quarter of 2019 and a record low of 39620.78 MNT Million in the third quarter of 2010. This page provides - Mongolia Gdp From Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of unemployed persons in Mongolia decreased to 105139 in the fourth quarter of 2019 from 126582 in the third quarter of 2019. Unemployed Persons in Mongolia averaged 105176.20 from 2006 until 2019, reaching an all time high of 153592 in the first quarter of 2019 and a record low of 75309 in the third quarter of 2012. This page provides - Mongolia Unemployed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in Mongolia increased to 1188440 in the fourth quarter of 2019 from 1155945 in the third quarter of 2019. Employed Persons in Mongolia averaged 1063769.06 from 2006 until 2019, reaching an all time high of 1274700 in the second quarter of 2018 and a record low of 852805 in the fourth quarter of 2007. This page provides - Mongolia Employed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Mongolia increased to 1166.40 MNT Thousand/Month in the third quarter of 2019 from 1161.20 MNT Thousand/Month in the second quarter of 2019. Wages in Mongolia averaged 465.29 MNT Thousand/Month from 2000 until 2019, reaching an all time high of 1166.40 MNT Thousand/Month in the third quarter of 2019 and a record low of 60.90 MNT Thousand/Month in the first quarter of 2001. This page provides the latest reported value for - Mongolia Wages - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages In Manufacturing in Mongolia increased to 1195.70 MNT Thousand/Month in the third quarter of 2019 from 1187.40 MNT Thousand/Month in the second quarter of 2019. Wages In Manufacturing in Mongolia averaged 456.37 MNT Thousand/Month from 2000 until 2019, reaching an all time high of 1196.80 MNT Thousand/Month in the first quarter of 2019 and a record low of 60.60 MNT Thousand/Month in the third quarter of 2001. This page provides the latest reported value for - Mongolia Wages In Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Mongolia was worth 13.50 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Mongolia represents 0.01 percent of the world economy. GDP in Mongolia averaged 4.67 USD Billion from 1981 until 2019, reaching an all time high of 13.50 USD Billion in 2019 and a record low of 0.77 USD Billion in 1993. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Mongolia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mongolia recorded a government debt equivalent to 55 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Mongolia averaged 58.61 percent from 1992 until 2018, reaching an all time high of 95.73 percent in 2003 and a record low of 20.62 percent in 1992. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Mongolia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Mongolia increased to 30677879.54 USD Thousand in the fourth quarter of 2019 from 29933778.93 USD Thousand in the third quarter of 2019. External Debt in Mongolia averaged 18298136.11 USD Thousand from 2009 until 2019, reaching an all time high of 30677879.54 USD Thousand in the fourth quarter of 2019 and a record low of 2110586.64 USD Thousand in the first quarter of 2009. This page provides - Mongolia External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Mongolia increased 0.60 percent in February of 2020 over the previous month. Industrial Production Mom in Mongolia averaged 1 percent from 2010 until 2020, reaching an all time high of 22.60 percent in June of 2013 and a record low of -17.20 percent in January of 2011. This page provides - Mongolia Industrial Production MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index Cpi in Mongolia increased to 124.60 points in February from 123.20 points in January of 2020. Consumer Price Index Cpi in Mongolia averaged 96.10 points from 2011 until 2020, reaching an all time high of 124.60 points in February of 2020 and a record low of 64.80 points in January of 2011. This page provides the latest reported value for - Mongolia Consumer Price Index Cpi - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Mongolia increased 5.20 percent in February of 2020 over the same month in the previous year. Core Inflation Rate in Mongolia averaged 8 percent from 2010 until 2020, reaching an all time high of 17.90 percent in July of 2014 and a record low of 0.10 percent in November of 2016. In Mongolia, the core inflation rate tracks changes in prices that Ulaanbaatar consumers pay for a basket of goods which excludes some volatile price items. This page provides - Mongolia Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in Mongolia increased 0.30 percent in February of 2020 over the same month in the previous year. Producer Prices Change in Mongolia averaged 16.95 percent from 2015 until 2020, reaching an all time high of 78.10 percent in January of 2017 and a record low of -23.80 percent in February of 2016. Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Mongolia Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Mongolia remained unchanged at 20 BBL/D/1K in December from 20 BBL/D/1K in November of 2019. Crude Oil Production in Mongolia averaged 6.55 BBL/D/1K from 1994 until 2019, reaching an all time high of 27.85 BBL/D/1K in December of 2015 and a record low of 0 BBL/D/1K in February of 1994. This page provides - Mongolia Crude Oil Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Mongolia decreased to 265.10 USD Million in March from 311.70 USD Million in February of 2020. Exports in Mongolia averaged 240.90 USD Million from 1997 until 2020, reaching an all time high of 815.60 USD Million in August of 2019 and a record low of 15.44 USD Million in January of 1999. Mongolia exports mineral products (copper, coal, molybdenum, tin, tungsten, and gold), natural or cultured stones, jewelry, textiles, animal origin products, hides and skins. Mongolia's main exports partner is China (80% of total exports). Others include: Canada and Russia. This page provides - Mongolia Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Mongolia increased to 411.50 USD Million in March from 276.70 USD Million in February of 2020. Imports in Mongolia averaged 244.24 USD Million from 1997 until 2020, reaching an all time high of 748.75 USD Million in August of 2011 and a record low of 14.66 USD Million in January of 1999. Mongolia imports mainly mineral products, machinery, equipment, electric appliances, recorders,TV sets & spare parts, vehicles, food products and base metals. Mongolia's main import partners are Russia (22% of total) and China (26%). Others include Japan, USA and Germany. This page provides - Mongolia Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Mongolia decreased 25.60 percent in March of 2020 over the same month in the previous year. Industrial Production in Mongolia averaged 9.45 percent from 1982 until 2020, reaching an all time high of 77.50 percent in July of 2010 and a record low of -27.70 percent in December of 1990. This page provides - Mongolia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Mongolia increased 0.70 percent in March of 2020 over the previous month. Inflation Rate Mom in Mongolia averaged 0.66 percent from 2009 until 2020, reaching an all time high of 3.20 percent in May of 2010 and a record low of -2.80 percent in July of 2010. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides the latest reported value for - Mongolia Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The inflation rate in Mongolia was recorded at 6.40 percent in March of 2020. Inflation Rate in Mongolia averaged 9.69 percent from 2007 until 2020, reaching an all time high of 34.20 percent in August of 2008 and a record low of -0.20 percent in October of 2016. In Mongolia, the most important categories in the consumer price index are food and non-alcoholic beverages (39.7 percent of the total weight); clothing, footwear (15.3 percent) and housing, water, electricity, gas and other fuels (10.8 percent). The index also includes: transports (9.0 percent); furnishings, household equipment, and tools (5.6 percent); education (5.4 percent); recreation and culture (3.1 percent); communication (2.9 percent); alcoholic beverages and tobacco (2.8 percent); miscellaneous goods and services (2.7 percent); health (1.8 percent) and restaurants and hotels (1.0 percent). This page provides the latest reported value for - Mongolia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Standard & Poor's credit rating for Mongolia stands at B with stable outlook. Moody's credit rating for Mongolia was last set at B3 with negative outlook. Fitch's credit rating for Mongolia was last reported at B with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Mongolia thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Mongolia as reported by major credit rating agencies.

Mongolia recorded 42 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). Mongolia did not report any Coronavirus Deaths so far. This page includes a chart with historical data for Mongolia Coronavirus Cases.

Mongolia did not report any Coronavirus Deaths so far, according to the World Health Organization (WHO). This page includes a chart with historical data for Mongolia Coronavirus Deaths.

Mongolia recorded 13 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). Mongolia did not report any Coronavirus Deaths so far. This page includes a chart with historical data for Mongolia Coronavirus Recovered.