Mongolia Private Consumption: % of GDP

Key information about Mongolia Private Consumption: % of GDP

• Mongolia Private Consumption accounted for 53.3 % of its Nominal GDP in Sep 2024, compared with a ratio of 48.4 % in the previous quarter.
• Mongolia Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 2010 to Sep 2024, with an average share of 53.8 %.
• The data reached an all-time high of 80.0 % in Mar 2020 and a record low of 36.3 % in Dec 2023.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The National Statistics Office of Mongolia provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Mongolia Private Consumption: % of GDP

• In the latest reports, Mongolia GDP expanded 7.9 % YoY in Mar 2023.
• Its Nominal GDP reached 3.9 USD bn in Mar 2023.
• Mongolia GDP Per Capita reached 4,868.5 USD in Dec 2022.
• Its Gross Savings Rate was measured at 36.7 % in Mar 2023.

View Mongolia's Private Consumption: % of GDP from Mar 2010 to Sep 2024 in the chart:

What was Mongolia's Private Consumption: % of GDP in Sep 2024?

Mongolia Private Consumption accounted for 53.3 % of its Nominal GDP in Sep 2024, compared with a ratio of 48.4 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
53.3 Sep 2024	48.4 Jun 2024	36.3 Dec 2023	80.0 Mar 2020	%	quarterly	Mar 2010 - Sep 2024

Private Consumption: % of GDP by Country Comparison

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