Mongolia Nominal GDP Growth

2001 - 2024 | Quarterly | % | CEIC Data

Key information about Mongolia Nominal GDP Growth

  • Mongolia Nominal GDP Growth was reported at 14.383 % in Sep 2024.
  • This records a decrease from the previous number of 22.032 % for Jun 2024.
  • Mongolia Nominal GDP Growth data is updated quarterly, averaging 19.546 % from Mar 2001 to Sep 2024, with 95 observations.
  • The data reached an all-time high of 51.399 % in Mar 2011 and a record low of -6.444 % in Mar 2020.
  • Mongolia Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The National Statistics Office of Mongolia provides Nominal GDP in local currency based on SNA 2008. Nominal GDP Growth prior to Q1 2011 is calculated from Nominal GDP based on SNA 1993.

View Mongolia's Nominal GDP Growth from Mar 2001 to Sep 2024 in the chart:

Mongolia Nominal GDP Growth

What was Mongolia's Nominal GDP Growth in Sep 2024?

Mongolia Nominal GDP Growth was reported at 14.383 % in Sep 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
14.383 Sep 2024 22.032 Jun 2024 -6.444 Mar 2020 51.399 Mar 2011 % quarterly Mar 2001 - Sep 2024

Nominal GDP Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 6.526 Sep 2024 quarterly Mar 2009 - Sep 2024
Algeria (%) 3.990 Sep 2024 quarterly Mar 2000 - Sep 2024
Argentina (%) 208.098 Sep 2024 quarterly Mar 1994 - Sep 2024
Armenia (%) 6.354 Sep 2024 quarterly Dec 1995 - Sep 2024
Australia (%) 3.547 Sep 2024 quarterly Sep 1960 - Sep 2024
Austria (%) 1.603 Sep 2024 quarterly Mar 1996 - Sep 2024
Azerbaijan (%) 5.817 Sep 2024 quarterly Mar 2002 - Sep 2024
Bahrain (%) -0.880 Sep 2024 quarterly Mar 2008 - Sep 2024
Bangladesh (%) 12.407 2024 yearly 2007 - 2024
Belarus (%) 13.274 Sep 2024 quarterly Mar 1995 - Sep 2024
Belgium (%) 3.387 Sep 2024 quarterly Mar 1981 - Sep 2024
Bolivia (%) 5.208 Jun 2024 quarterly Mar 1991 - Jun 2024
Bosnia and Herzegovina (%) 1.927 Sep 2024 quarterly Mar 2009 - Sep 2024
Botswana (%) 0.082 Sep 2024 quarterly Sep 1994 - Sep 2024
Brazil (%) 9.788 Dec 2024 quarterly Mar 1991 - Dec 2024
Brunei (%) 1.005 Sep 2024 quarterly Mar 2005 - Sep 2024
Bulgaria (%) 10.494 Sep 2024 quarterly Mar 1996 - Sep 2024
Cambodia (%) 8.798 2022 yearly 1994 - 2022
Canada (%) 4.311 Sep 2024 quarterly Mar 1958 - Sep 2024
Chile (%) 9.139 Sep 2024 quarterly Mar 1991 - Sep 2024
China (%) 4.619 Dec 2024 quarterly Mar 1993 - Dec 2024
Colombia (%) 8.580 Sep 2024 quarterly Mar 2001 - Sep 2024
Croatia (%) 8.670 Sep 2024 quarterly Mar 1996 - Sep 2024
Cyprus (%) 5.691 Sep 2024 quarterly Mar 1996 - Sep 2024
Czech Republic (%) 5.386 Sep 2024 quarterly Mar 1996 - Sep 2024
Denmark (%) 7.466 Sep 2024 quarterly Mar 1991 - Sep 2024
Ecuador (%) 2.842 Sep 2024 quarterly Mar 1992 - Sep 2024
Egypt (%) 37.605 Sep 2024 quarterly Sep 2002 - Sep 2024
Estonia (%) 3.955 Sep 2024 quarterly Mar 1996 - Sep 2024
European Union (%) 4.304 Sep 2024 quarterly Mar 1996 - Sep 2024
Finland (%) 1.977 Sep 2024 quarterly Mar 1991 - Sep 2024
France (%) 2.257 Dec 2024 quarterly Mar 1950 - Dec 2024
Georgia (%) 15.756 Sep 2024 quarterly Mar 1997 - Sep 2024
Germany (%) 2.271 Dec 2024 quarterly Mar 1961 - Dec 2024
Ghana (%) 30.729 Sep 2024 quarterly Mar 2007 - Sep 2024
Greece (%) 5.660 Sep 2024 quarterly Mar 1996 - Sep 2024
Hong Kong SAR, China (%) 6.069 Sep 2024 quarterly Mar 1974 - Sep 2024
Hungary (%) 6.245 Sep 2024 quarterly Mar 1996 - Sep 2024
Iceland (%) 4.332 Jun 2024 quarterly Mar 1996 - Jun 2024
India (%) 8.043 Sep 2024 quarterly Jun 1997 - Sep 2024
Indonesia (%) 7.020 Dec 2024 quarterly Mar 1994 - Dec 2024
Iran (%) 35.070 Mar 2024 quarterly Jun 1989 - Mar 2024
Ireland (%) -1.208 Jun 2024 quarterly Mar 1996 - Jun 2024
Israel (%) 4.934 Sep 2024 quarterly Mar 1996 - Sep 2024
Italy (%) 4.543 Sep 2024 quarterly Mar 1981 - Sep 2024
Ivory Coast (%) 681.695 Mar 2023 quarterly Mar 1998 - Mar 2023
Japan (%) 2.883 Sep 2024 quarterly Mar 1981 - Sep 2024
Jordan (%) 4.600 Sep 2024 quarterly Mar 1993 - Sep 2024
Kazakhstan (%) 15.632 Dec 2023 quarterly Mar 1995 - Dec 2023
Kenya (%) 8.271 Sep 2024 quarterly Mar 2010 - Sep 2024
South Korea (%) 4.972 Sep 2024 quarterly Mar 1961 - Sep 2024
Kosovo (%) 6.248 Sep 2024 quarterly Mar 2011 - Sep 2024
Kuwait (%) 3.246 Jun 2024 quarterly Mar 2011 - Jun 2024
Kyrgyzstan (%) 11.819 Sep 2024 quarterly Mar 2001 - Sep 2024
Laos (%) 23.128 2023 yearly 1985 - 2023
Latvia (%) 3.064 Sep 2024 quarterly Mar 1996 - Sep 2024
Lebanon (%) 19.333 2020 yearly 1998 - 2020
Lithuania (%) 6.194 Sep 2024 quarterly Mar 1996 - Sep 2024
Luxembourg (%) 4.729 Sep 2024 quarterly Mar 1996 - Sep 2024
Macau SAR, China (%) 6.202 Sep 2024 quarterly Mar 1999 - Sep 2024
North Macedonia (%) 6.209 Sep 2024 quarterly Mar 2001 - Sep 2024
Malawi (%) 31.544 2023 yearly 2003 - 2023
Malaysia (%) 5.933 Sep 2024 quarterly Mar 1992 - Sep 2024
Malta (%) 7.995 Sep 2024 quarterly Mar 1996 - Sep 2024
Mauritius (%) 9.785 Sep 2024 quarterly Mar 2000 - Sep 2024
Mexico (%) 6.870 Sep 2024 quarterly Mar 1994 - Sep 2024
Moldova (%) 12.440 Sep 2024 quarterly Mar 1996 - Sep 2024
Mongolia (%) 14.383 Sep 2024 quarterly Mar 2001 - Sep 2024
Montenegro (%) 7.679 Jun 2024 quarterly Mar 2011 - Jun 2024
Morocco (%) 5.964 Sep 2024 quarterly Mar 2008 - Sep 2024
Mozambique (%) 11.026 2023 yearly 1964 - 2023
Nepal (%) 6.662 2024 yearly 2002 - 2024
Netherlands (%) 5.983 Sep 2024 quarterly Mar 1989 - Sep 2024
New Zealand (%) 1.644 Sep 2024 quarterly Jun 1988 - Sep 2024
Nigeria (%) 17.265 Sep 2024 quarterly Mar 2011 - Sep 2024
Norway (%) 3.498 Sep 2024 quarterly Mar 1979 - Sep 2024
Oman (%) 3.409 Sep 2024 quarterly Mar 2006 - Sep 2024
Pakistan (%) 25.810 2024 yearly 2001 - 2024
Palestinian Territory (%) -26.929 Sep 2024 quarterly Mar 2001 - Sep 2024
Panama (%) 2.051 Sep 2024 quarterly Mar 2008 - Sep 2024
Paraguay (%) 6.257 Sep 2024 quarterly Mar 1995 - Sep 2024
Peru (%) 5.953 Dec 2022 quarterly Mar 1991 - Dec 2022
Philippines (%) 7.442 Dec 2024 quarterly Mar 1982 - Dec 2024
Poland (%) 5.845 Jun 2024 quarterly Mar 1996 - Jun 2024
Portugal (%) 10.841 Dec 2022 quarterly Mar 1996 - Dec 2022
Qatar (%) 1.759 Sep 2024 quarterly Mar 2012 - Sep 2024
Romania (%) 10.246 Sep 2024 quarterly Mar 1996 - Sep 2024
Russia (%) 19.527 Mar 2024 quarterly Mar 1994 - Mar 2024
Saudi Arabia (%) 1.031 Sep 2024 quarterly Mar 2004 - Sep 2024
Serbia (%) 9.102 Sep 2024 quarterly Mar 1996 - Sep 2024
Singapore (%) 8.423 Sep 2024 quarterly Mar 1976 - Sep 2024
Slovakia (%) 4.392 Sep 2024 quarterly Mar 1996 - Sep 2024
Slovenia (%) 3.950 Sep 2024 quarterly Mar 1996 - Sep 2024
South Africa (%) 4.400 Sep 2024 quarterly Mar 1961 - Sep 2024
Spain (%) 5.880 Dec 2024 quarterly Mar 1971 - Dec 2024
Sri Lanka (%) 8.262 Sep 2024 quarterly Mar 2003 - Sep 2024
Sudan (%) 103.797 2020 yearly 1961 - 2020
Sweden (%) 3.008 Sep 2024 quarterly Mar 1981 - Sep 2024
Switzerland (%) 4.113 Dec 2022 quarterly Mar 1981 - Dec 2022
Syria (%) 113.698 2022 yearly 1971 - 2022

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Mongolia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.1 Sep 2024 quarterly Dec 2000 - Sep 2024
Consolidated Fiscal Balance (USD mn) -628.684 Dec 2024 monthly Jan 2000 - Dec 2024
Tax Revenue (USD mn) 721.583 Dec 2024 monthly Jan 2000 - Dec 2024
Tax Revenue: % of GDP (%) 29.0 Sep 2024 quarterly Mar 2000 - Sep 2024
Government Debt: % of GDP (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
Forecast: Government Expenditure (MNT bn) 56,654.300 2029 yearly 1981 - 2029
Forecast: Government Net Debt (MNT bn) 73,520.949 2029 yearly 2006 - 2029
Forecast: Government Revenue (MNT bn) 53,969.915 2029 yearly 1981 - 2029
General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 7,924,167.600 Dec 2024 monthly Dec 1999 - Dec 2024
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 5,864,349.300 Dec 2024 monthly Dec 1999 - Dec 2024
General Government Expenditure & NL: ytd: Net Lending (MNT mn) 374,394.900 Dec 2024 monthly Dec 1999 - Dec 2024
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 22,066,910.300 Dec 2024 monthly Dec 1999 - Dec 2024
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 1,098,197.500 Dec 2024 monthly Dec 1999 - Dec 2024
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 24,369,619.528 Nov 2024 monthly Dec 1999 - Nov 2024
General Government Balance: ytd (MNT mn) -776,199.100 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) 159.3 Dec 2024 monthly Jan 1997 - Dec 2024
Total Exports (USD mn) 1,184.4 Dec 2024 monthly Jan 1997 - Dec 2024
Total Exports Growth (%) 48.0 Apr 2023 monthly Jan 1998 - Apr 2023
Aluminum: Exports (USD th) 14,124.169 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 104.261 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 4,949.388 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,025.1 Dec 2024 monthly Jan 1997 - Dec 2024
Total Imports Growth (%) 17.2 Dec 2024 monthly Jan 1998 - Dec 2024
Imports: Medicament (USD th) 149,447.781 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 98,630.694 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 1.239 Dec 2024 monthly Dec 1999 - Dec 2024
Total Imports from USA (USD mn) 58.878 Dec 2024 monthly Dec 1999 - Dec 2024
Total Exports to China (USD mn) 1,094.322 Dec 2024 monthly Dec 1999 - Dec 2024
Total Imports from China (USD mn) 383.672 Dec 2024 monthly Dec 1999 - Dec 2024
Exports: Textiles and Textile Articles (USD th) 15,103.405 Dec 2024 monthly Dec 1999 - Dec 2024
Exports: Live Animals and Products of Animal Origin (USD th) 17,462.446 Dec 2024 monthly Dec 1999 - Dec 2024
Exports: Mineral Products (USD th) 1,044,784.075 Dec 2024 monthly Dec 1999 - Dec 2024
Exports: Base Metals and Articles Thereof (USD th) 5,374.900 Mar 2019 monthly Dec 1999 - Mar 2019
Exports: Europe: European Union: ow United Kingdom (USD th) 959.147 Dec 2024 monthly Dec 1999 - Dec 2024
Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
Exports: Asia: North Eastern: ow China (USD th) 1,094,610.483 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 170,345.118 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Mineral Products (USD th) 240,801.861 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Food Products (USD th) 79,897.146 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 265,316.173 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Base Metals and Articles Thereof (USD th) 55,298.623 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: America: ow USA (USD th) 58,878.256 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Asia: North Eastern: ow China (USD th) 385,098.646 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 39,562.233 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Europe: Others: ow Russian Federation (USD th) 279,688.820 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Asia: North Eastern: ow Japan (USD th) 73,689.099 Dec 2024 monthly Dec 1999 - Dec 2024
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) 8.6 Dec 2024 monthly Jan 2009 - Dec 2024
Current Account Balance (USD mn) -759.9 Dec 2024 monthly Jan 2009 - Dec 2024
Current Account Balance: % of GDP (%) -14.1 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Direct Investment (USD mn) 504.0 Dec 2024 monthly Jan 2009 - Dec 2024
Foreign Direct Investment: % of GDP (%) 9.7 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Portfolio Investment (USD mn) 857.589 Dec 2024 quarterly Mar 1998 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) 1.0 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -3.1 Dec 2024 quarterly Mar 1998 - Dec 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 860.696 Dec 2024 quarterly Mar 1998 - Dec 2024
External Debt (USD mn) 34,867.3 Jun 2024 quarterly Mar 2000 - Jun 2024
External Debt: % of GDP (%) 170.1 2023 yearly 1992 - 2023
External Debt: Short Term (USD mn) 1,888.9 Jun 2024 quarterly Mar 2000 - Jun 2024
External Debt: Short Term: % of GDP (%) 9.3 2023 yearly 1992 - 2023
Forecast: Current Account Balance (USD bn) -3.388 2029 yearly 1991 - 2029
Net International Investment Position (USD mn) -42,853.261 Sep 2024 quarterly Dec 2010 - Sep 2024
Balance of Payments (BoP): Current Account (CA) (USD mn) -759.943 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: CA: Goods & Services: Goods (USD mn) 16.388 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: CA: Primary Income (USD mn) -234.379 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: CA: Goods & Services: Services (USD mn) -540.009 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: CA: Secondary Income (USD mn) -1.943 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: Capital Account (USD mn) 28.568 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Direct Investment: Asset (USD mn) 8.627 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Direct Investment (USD mn) -495.353 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Portfolio Investment (USD mn) -393.403 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Direct Investment: Liabilities (USD mn) 503.980 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Portfolio Investment: Liabilities (USD mn) 382.944 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Financial Derivatives (USD mn) 2.154 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: OI: Asset (USD mn) -87.292 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: Financial Account (FA) (USD mn) -1,305.345 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: Net Errors & Omissions (USD mn) 10.692 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Portfolio Investment: Asset (USD mn) -10.459 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Financial Derivatives: Asset (USD mn) 4.178 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Financial Derivatives: Liabilities (USD mn) 2.024 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Other Investment (OI) (USD mn) -418.743 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: Reserves: Assets (USD mn) 584.662 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: OI: Liabilities (USD mn) 331.451 Dec 2024 monthly Jan 2009 - Dec 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.1 Dec 2024 monthly Dec 1996 - Dec 2024
Household Debt: % of GDP (%) 26.4 Sep 2024 quarterly Mar 2004 - Sep 2024
Non-Performing Loans (USD mn) 547.776 Dec 2024 monthly Dec 1996 - Dec 2024
Money Supply M1 (USD mn) 3,416.896 Dec 2024 monthly Dec 1996 - Dec 2024
Money Supply M2 (USD mn) 12,669.044 Dec 2024 monthly Dec 1996 - Dec 2024
M2 Growth (%) 15.2 Dec 2024 monthly Dec 1997 - Dec 2024
Reserve Requirement Ratio (%) 11.0 Jan 2025 monthly Jan 2005 - Jan 2025
Foreign Exchange Reserves (USD mn) 4,233.3 Nov 2024 monthly Dec 1992 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 17.057 Sep 2024 quarterly Dec 2010 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 4.3 Nov 2024 monthly Jan 1997 - Nov 2024
Gold Reserves (USD mn) 633.572 Nov 2024 monthly Dec 1980 - Nov 2024
Total Deposits (USD mn) 7,864.439 Dec 2024 monthly Jan 2000 - Dec 2024
Total Deposits Growth (%) 21.7 Dec 2024 monthly Jan 2001 - Dec 2024
Domestic Credit (USD mn) 10,332.8 Dec 2024 monthly Dec 1992 - Dec 2024
Domestic Credit Growth (%) 21.4 Dec 2024 monthly Dec 1993 - Dec 2024
Household Debt (USD mn) 6,419.1 Dec 2024 monthly Jan 2004 - Dec 2024
Total Loans (USD mn) 10,831.840 Dec 2024 monthly Dec 1996 - Dec 2024
Total Loans Growth (%) 35.31 Dec 2024 monthly Dec 1997 - Dec 2024
Private Debt: % of Nominal GDP (%) 43.25 Sep 2024 quarterly Dec 2010 - Sep 2024
Money Supply: M2: M1 (MNT mn) 11,687,354.485 Dec 2024 monthly Dec 1990 - Dec 2024
International Reserves: Gross (USD mn) 4,964.960 Nov 2024 monthly Jan 2006 - Nov 2024
Deposits (MNT tn) 26.900 Dec 2024 monthly Jan 2000 - Dec 2024
Deposits: Corporate (MNT tn) 4.500 Dec 2024 monthly May 2018 - Dec 2024
Deposits: Individual (MNT tn) 22.400 Dec 2024 monthly May 2018 - Dec 2024
Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 1,873,645.763 Dec 2024 monthly Dec 1996 - Dec 2024

More Indicators for Mongolia

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