Mongolia Gross Savings Rate

Key information about Mongolia Gross Savings Rate

• Mongolia Gross Savings Rate was measured at 35.8% in Dec 2022, compared with 35.8% in the previous quarter.
• Mongolia Gross Savings Rate is updated quarterly, with data available from Mar 2005 to Dec 2022, and an average rate of 35.8%.
• The data reached an all-time high of 35.8% in Jun 2007 and a record low of -4.7% in Mar 2009.
• CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings are calculated as Nominal GDP less Final Consumption Expenditure. The National Statistics Office of Mongolia provides Final Consumption Expenditure in local currency and Nominal GDP in local currency, based on SNA 2008. Gross Domestic Savings Rate prior to Q1 2010 is based on SNA 1993.
• In the latest reports, Mongolia GDP expanded 7.7% YoY in Dec 2022.
• Mongolia Nominal GDP reached 5,182.4 USD mn in Dec 2022. Its GDP deflator (implicit price deflator) increased 20.1% in Dec 2022.
• Mongolia GDP Per Capita reached 4,482.9 USD in Dec 2021.

View Mongolia's Gross Savings Rate from Mar 2005 to Dec 2022 in the chart:

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What was Mongolia's Gross Savings Rate in Dec 2022?

Mongolia Gross Savings Rate was measured at 35.8% in Dec 2022, compared with 35.8% in the previous quarter. See the table below for more data.

Gross Savings Rate by Country Comparison

Mongolia Key Series

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