Mongolia Retail Sales Growth
2012 - 2023 | Quarterly | % | CEIC Data
Key information about Mongolia Retail Sales Growth
- Mongolia Retail Sales grew 14.9 % YoY in Dec 2023, compared with a 16.4 % increase in the previous quarter.
- Mongolia Retail Sales Growth YoY data is updated quarterly, available from Mar 2012 to Dec 2023, with an average growth rate of 23.4 %.
- The data reached an all-time high of 265.4 % in Dec 2012 and a record low of -37.3 % in Dec 2014.
- In the latest reports, Car Sales of Mongolia recorded 3,800.0 units in Dec 2019, representing a drop of 41.0 %.
CEIC calculates quarterly Retail Sales: Incl. Motor Vehicles Growth from monthly Domestic Retail Trade Sales. The National Statistics Office of Mongolia provides Domestic Retail Trade Sales as estimated values in local currency. Retail Sales: Incl. Motor Vehicles Growth prior to Q1 2019 is calculated from Domestic Retail Trade Sales, based on a sample survey of entities.
View Mongolia's Retail Sales Growth from Mar 2012 to Dec 2023 in the chart:
What was Mongolia's Retail Sales Growth in Dec 2023?
Mongolia Retail Sales grew 14.9 % YoY in Dec 2023, compared with a 16.4 % increase in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 14.9 Dec 2023 | 16.4 Sep 2023 | -37.3 Dec 2014 | 265.4 Dec 2012 | % | quarterly | Mar 2012 - Dec 2023 |
Retail Sales Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 4.5 Mar 2023 | monthly | Jan 2006 - Mar 2023 |
| Argentina (%) | -10.1 Aug 2024 | monthly | Jan 2018 - Aug 2024 |
| Armenia (%) | 5.8 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Australia (%) | 4.2 May 2023 | monthly | Apr 1983 - May 2023 |
| Austria (%) | -4.7 Dec 2023 | monthly | Jan 2007 - Dec 2023 |
| Azerbaijan (%) | 6.6 Sep 2024 | monthly | Dec 2007 - Sep 2024 |
| Belarus (%) | 10.8 Sep 2024 | monthly | Oct 2008 - Sep 2024 |
| Belgium (%) | -4.1 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
| Bosnia and Herzegovina (%) | 15.4 Apr 2023 | monthly | Jan 2013 - Apr 2023 |
| Brazil (%) | 4.0 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Bulgaria (%) | -0.6 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Canada (%) | 1.1 Apr 2023 | monthly | Jan 1992 - Apr 2023 |
| Chile (%) | 4.6 Sep 2024 | monthly | Jan 2015 - Sep 2024 |
| China (%) | 12.7 May 2023 | monthly | Jan 1994 - May 2023 |
| Colombia (%) | 4.4 Aug 2024 | monthly | Jan 2014 - Aug 2024 |
| Croatia (%) | 3.3 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Cyprus (%) | 3.3 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Czech Republic (%) | 6.1 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Denmark (%) | 0.4 May 2023 | monthly | Jan 2001 - May 2023 |
| Egypt (%) | 1.4 2020 | yearly | 1996 - 2020 |
| Estonia (%) | -0.9 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| European Union (%) | 2.8 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Finland (%) | -1.9 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
| France (%) | 4.8 Aug 2024 | monthly | Jan 1996 - Aug 2024 |
| Georgia (%) | 5.0 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Germany (%) | -4.4 Apr 2023 | monthly | Jan 1995 - Apr 2023 |
| Greece (%) | -4.9 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Hong Kong SAR, China (%) | 16.6 May 2023 | monthly | Jan 1982 - May 2023 |
| Hungary (%) | 1.9 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Iceland (%) | 6.6 Aug 2024 | monthly | Feb 2002 - Aug 2024 |
| Indonesia (%) | 0.0 May 2023 | monthly | Jan 2011 - May 2023 |
| Ireland (%) | 1.3 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Israel (%) | 0.6 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
| Italy (%) | -0.2 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Japan (%) | 5.2 Apr 2023 | monthly | Oct 1992 - Apr 2023 |
| Kazakhstan (%) | 5.4 May 2023 | monthly | Jan 2006 - May 2023 |
| South Korea (%) | -0.7 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Kyrgyzstan (%) | 10.7 2022 | yearly | 1990 - 2022 |
| Latvia (%) | 0.3 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Lithuania (%) | 4.2 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Luxembourg (%) | 13.1 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Macau SAR, China (%) | -23.8 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| North Macedonia (%) | 3.0 Sep 2024 | monthly | Jan 2011 - Sep 2024 |
| Malaysia (%) | 12.9 Apr 2023 | monthly | Jan 2014 - Apr 2023 |
| Malta (%) | 2.9 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Mexico (%) | 4.6 Apr 2023 | monthly | Jan 2002 - Apr 2023 |
| Moldova (%) | 16.7 Jul 2024 | monthly | Jan 2011 - Jul 2024 |
| Mongolia (%) | 14.9 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Montenegro (%) | 8.5 Apr 2023 | monthly | Jan 2007 - Apr 2023 |
| Netherlands (%) | -4.2 May 2023 | monthly | Jan 2001 - May 2023 |
| New Zealand (%) | -0.0 Jun 2024 | quarterly | Sep 1996 - Jun 2024 |
| Norway (%) | -0.4 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Palestinian Territory (%) | -0.2 2018 | yearly | 2011 - 2018 |
| Peru (%) | 4.8 Aug 2024 | monthly | Jan 2015 - Aug 2024 |
| Poland (%) | -1.8 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Portugal (%) | 3.1 May 2023 | monthly | Jan 2001 - May 2023 |
| Qatar (%) | 6.9 2021 | yearly | 1987 - 2021 |
| Romania (%) | 10.7 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Russia (%) | 6.5 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Serbia (%) | -6.2 May 2023 | monthly | Dec 2004 - May 2023 |
| Singapore (%) | -3.2 Sep 2024 | monthly | Jan 1986 - Sep 2024 |
| Slovakia (%) | 4.3 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Slovenia (%) | -2.7 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| South Africa (%) | 2.6 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
| Spain (%) | 3.1 Dec 2023 | monthly | Jan 2001 - Dec 2023 |
| Sweden (%) | -3.9 May 2023 | monthly | Jan 1991 - May 2023 |
| Switzerland (%) | -3.4 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Taiwan (%) | 1.7 Feb 2022 | monthly | Jan 2000 - Feb 2022 |
| Thailand (%) | 0.5 Mar 2023 | monthly | Jan 1996 - Mar 2023 |
| Turkey (%) | 11.2 Dec 2023 | monthly | Jan 2011 - Dec 2023 |
| Ukraine (%) | -3.1 Dec 2022 | monthly | Jan 2008 - Dec 2022 |
| United Kingdom (%) | -2.1 May 2023 | monthly | Jan 1997 - May 2023 |
| United States (%) | 1.0 May 2023 | monthly | Jan 1993 - May 2023 |
| Uzbekistan (%) | -4.0 Apr 2023 | monthly | Jan 2019 - Apr 2023 |
| Venezuela (%) | -53.5 Jan 2019 | monthly | Jan 2005 - Jan 2019 |
| Vietnam (%) | 7.8 Oct 2024 | monthly | Sep 2004 - Oct 2024 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doMongolia Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 0.7 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -30.567 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Tax Revenue (USD mn) | 518.218 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Tax Revenue: % of GDP (%) | 25.0 Jun 2024 | quarterly | Mar 2000 - Jun 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: Net Lending (MNT mn) | 304,194.596 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) | 3,966,523.216 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) | 4,313,165.142 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| General Government Balance: ytd (MNT mn) | 1,468,936.902 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) | 819,326.455 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| General Government Expenditure & NL: ytd: Expenditure (MNT mn) | 19,517,347.270 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) | 15,550,824.054 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.185 2028 | yearly | 1981 - 2028 |
| Trade Balance (USD mn) | 47.2 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Total Exports (USD mn) | 1,528.8 Jun 2024 | monthly | Jan 1997 - Jun 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) | 100.343 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 83.518 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 983.4 Jun 2024 | monthly | Jan 1997 - Jun 2024 |
| Total Imports Growth (%) | 38.2 Sep 2024 | monthly | Jan 1998 - Sep 2024 |
| Imports: Medicament (USD th) | 140,968.073 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 71,770.506 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 38.287 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Total Imports from USA (USD mn) | 88.615 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Total Exports to China (USD mn) | 1,032.409 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Total Imports from China (USD mn) | 434.960 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Exports: Live Animals and Products of Animal Origin (USD th) | 28,294.364 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Exports: Textiles and Textile Articles (USD th) | 26,430.812 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Exports: Mineral Products (USD th) | 978,020.991 Sep 2024 | monthly | Dec 1999 - Sep 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) | 455.958 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Exports: Asia: North Eastern: ow China (USD th) | 1,032,740.616 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Exports: America: USA (USD th) | 486.100 Dec 2018 | monthly | Dec 1999 - Dec 2018 |
| Imports: Mineral Products (USD th) | 205,001.885 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) | 276,499.101 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) | 218,605.936 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Imports: Food Products (USD th) | 77,408.348 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Imports: Base Metals and Articles Thereof (USD th) | 106,605.045 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Imports: America: ow USA (USD th) | 88,615.355 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Imports: Asia: North Eastern: ow China (USD th) | 437,557.066 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Imports: Asia: North Eastern: ow Republic of Korea (USD th) | 48,473.456 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Imports: Europe: Others: ow Russian Federation (USD th) | 232,437.228 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Imports: Asia: North Eastern: ow Japan (USD th) | 133,013.031 Sep 2024 | monthly | Dec 1999 - Sep 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) | 1.2 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| Current Account Balance (USD mn) | -524.3 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| Current Account Balance: % of GDP (%) | -5.4 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Foreign Direct Investment (USD mn) | 177.5 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| Foreign Direct Investment: % of GDP (%) | 14.6 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Foreign Portfolio Investment (USD mn) | 52.834 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| Foreign Portfolio Investment: % of GDP (%) | 3.6 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 2.6 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 50.259 Sep 2024 | quarterly | Mar 1998 - Sep 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) | -41,629.393 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Balance of Payments (BoP): Current Account (CA) (USD mn) | -524.342 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: CA: Goods & Services: Goods (USD mn) | -69.465 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: CA: Goods & Services: Services (USD mn) | -406.829 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: CA: Secondary Income (USD mn) | 147.527 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: Financial Account (FA) (USD mn) | -266.644 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: Capital Account (USD mn) | 18.436 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: FA: Direct Investment (USD mn) | -176.290 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: FA: Direct Investment: Liabilities (USD mn) | 177.465 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: FA: Portfolio Investment: Liabilities (USD mn) | 4.016 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: FA: Portfolio Investment (USD mn) | -4.482 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: FA: Direct Investment: Asset (USD mn) | 1.175 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: FA: Financial Derivatives (USD mn) | -0.912 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: FA: Financial Derivatives: Asset (USD mn) | -0.046 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: FA: Portfolio Investment: Asset (USD mn) | -0.466 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: FA: Financial Derivatives: Liabilities (USD mn) | 0.866 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: FA: Other Investment (OI) (USD mn) | -84.960 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: CA: Primary Income (USD mn) | -195.574 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: Net Errors & Omissions (USD mn) | 175.164 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: FA: OI: Liabilities (USD mn) | -64.887 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: Reserves: Assets (USD mn) | -64.098 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| BoP: FA: OI: Asset (USD mn) | -149.846 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.6 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
| Household Debt: % of GDP (%) | 25.3 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Non-Performing Loans (USD mn) | 587.113 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
| Money Supply M1 (USD mn) | 3,569.177 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
| Money Supply M2 (USD mn) | 12,364.271 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
| M2 Growth (%) | 25.9 Sep 2024 | monthly | Dec 1997 - Sep 2024 |
| Reserve Requirement Ratio (%) | 10.0 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| Foreign Exchange Reserves (USD mn) | 4,072.2 Jul 2024 | monthly | Dec 1992 - Jul 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 18.423 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.7 Aug 2024 | monthly | Jan 1997 - Aug 2024 |
| Gold Reserves (USD mn) | 560.340 Jul 2024 | monthly | Dec 1980 - Jul 2024 |
| Total Deposits (USD mn) | 7,423.993 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Total Deposits Growth (%) | 26.1 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Domestic Credit (USD mn) | 10,083.4 Sep 2024 | monthly | Dec 1992 - Sep 2024 |
| Domestic Credit Growth (%) | 28.2 Sep 2024 | monthly | Dec 1993 - Sep 2024 |
| Household Debt (USD mn) | 6,182.8 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
| Total Loans (USD mn) | 10,420.988 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
| Total Loans Growth (%) | 35.00 Sep 2024 | monthly | Dec 1997 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 42.45 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Money Supply: M2: M1 (MNT mn) | 12,067,136.023 Sep 2024 | monthly | Dec 1990 - Sep 2024 |
| International Reserves: Gross (USD mn) | 4,701.250 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Loans: Outstanding Amounts: Non Performing Loans (MNT mn) | 1,984,987.149 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
More Indicators for Mongolia
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