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 (%) | -17.8 Oct 2024 | monthly | Jan 2018 - Oct 2024 |
| Armenia (%) | 4.2 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Australia (%) | 4.2 May 2023 | monthly | Apr 1983 - May 2023 |
| Austria (%) | 4.2 Oct 2024 | monthly | Jan 2007 - Oct 2024 |
| Azerbaijan (%) | 6.8 Oct 2024 | monthly | Dec 2007 - Oct 2024 |
| Belarus (%) | 11.8 Nov 2024 | monthly | Oct 2008 - Nov 2024 |
| Belgium (%) | -1.5 Oct 2024 | monthly | Jan 2007 - Oct 2024 |
| Bosnia and Herzegovina (%) | 15.4 Apr 2023 | monthly | Jan 2013 - Apr 2023 |
| Brazil (%) | 5.1 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Bulgaria (%) | -0.6 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Canada (%) | 1.1 Apr 2023 | monthly | Jan 1992 - Apr 2023 |
| Chile (%) | 6.5 Nov 2024 | monthly | Jan 2015 - Nov 2024 |
| China (%) | 12.7 May 2023 | monthly | Jan 1994 - May 2023 |
| Colombia (%) | 4.8 Oct 2024 | monthly | Jan 2014 - Oct 2024 |
| Croatia (%) | 3.3 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Cyprus (%) | 6.2 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Czech Republic (%) | 6.0 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Denmark (%) | 0.4 May 2023 | monthly | Jan 2001 - May 2023 |
| Egypt (%) | 1.4 2020 | yearly | 1996 - 2020 |
| Estonia (%) | -1.3 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| European Union (%) | 2.0 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Finland (%) | -2.5 Nov 2024 | monthly | Jan 1996 - Nov 2024 |
| France (%) | 2.6 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
| Georgia (%) | 6.8 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Germany (%) | -4.4 Apr 2023 | monthly | Jan 1995 - Apr 2023 |
| Greece (%) | -1.5 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Hong Kong SAR, China (%) | 16.6 May 2023 | monthly | Jan 1982 - May 2023 |
| Hungary (%) | 3.8 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Iceland (%) | 6.6 Aug 2024 | monthly | Feb 2002 - Aug 2024 |
| Indonesia (%) | 0.0 May 2023 | monthly | Jan 2011 - May 2023 |
| Ireland (%) | 1.8 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Israel (%) | 9.4 Nov 2024 | monthly | Jan 1998 - Nov 2024 |
| Italy (%) | 1.4 Oct 2024 | monthly | Jan 2001 - Oct 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 (%) | 2.3 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Lithuania (%) | 7.1 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| Luxembourg (%) | 15.3 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Macau SAR, China (%) | -16.9 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| North Macedonia (%) | -0.5 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
| Malaysia (%) | 12.9 Apr 2023 | monthly | Jan 2014 - Apr 2023 |
| Malta (%) | 3.5 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 (%) | -2.7 Sep 2024 | quarterly | Sep 1996 - Sep 2024 |
| Norway (%) | -0.1 Nov 2024 | monthly | Jan 1980 - Nov 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 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Russia (%) | 6.0 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| Serbia (%) | -6.2 May 2023 | monthly | Dec 2004 - May 2023 |
| Singapore (%) | -3.2 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
| Slovakia (%) | 4.9 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Slovenia (%) | -0.1 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| South Africa (%) | 6.6 Oct 2024 | monthly | Jan 2003 - Oct 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 (%) | 8.3 Dec 2024 | monthly | Sep 2004 - Dec 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 (%) | 0.1 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -44.052 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Tax Revenue (USD mn) | 495.058 Nov 2024 | monthly | Jan 2000 - Nov 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 Revenue & Grants: ytd: Tax: Excises (MNT mn) | 1,010,380.321 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| General Government Expenditure & NL: ytd: Net Lending (MNT mn) | 334,797.320 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| General Government Expenditure & NL: ytd: Expenditure (MNT mn) | 24,369,619.528 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) | 5,170,239.141 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) | 19,190,650.839 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) | 5,178,968.689 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| General Government Balance: ytd (MNT mn) | 1,372,659.990 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.185 2028 | yearly | 1981 - 2028 |
| Trade Balance (USD mn) | 407.3 Nov 2024 | monthly | Jan 1997 - Nov 2024 |
| Total Exports (USD mn) | 1,402.4 Nov 2024 | monthly | Jan 1997 - Nov 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) | 995.2 Nov 2024 | monthly | Jan 1997 - Nov 2024 |
| Total Imports Growth (%) | 21.3 Nov 2024 | monthly | Jan 1998 - Nov 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) | 1.691 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Total Imports from USA (USD mn) | 38.612 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Total Exports to China (USD mn) | 1,305.571 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Total Imports from China (USD mn) | 433.624 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Exports: Live Animals and Products of Animal Origin (USD th) | 28,741.043 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Exports: Base Metals and Articles Thereof (USD th) | 5,374.900 Mar 2019 | monthly | Dec 1999 - Mar 2019 |
| Exports: Textiles and Textile Articles (USD th) | 13,512.690 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Exports: Mineral Products (USD th) | 1,253,318.627 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Exports: Europe: European Union: ow United Kingdom (USD th) | 278.983 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Exports: America: USA (USD th) | 486.100 Dec 2018 | monthly | Dec 1999 - Dec 2018 |
| Exports: Asia: North Eastern: ow China (USD th) | 1,307,073.022 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) | 254,171.327 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Imports: Food Products (USD th) | 74,720.323 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Imports: Mineral Products (USD th) | 182,124.284 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) | 196,456.186 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Imports: Base Metals and Articles Thereof (USD th) | 71,319.579 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Imports: Europe: Others: ow Russian Federation (USD th) | 214,110.138 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Imports: Asia: North Eastern: ow China (USD th) | 435,463.201 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Imports: America: ow USA (USD th) | 38,611.879 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Imports: Asia: North Eastern: ow Japan (USD th) | 100,838.095 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Imports: Asia: North Eastern: ow Republic of Korea (USD th) | 44,438.819 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Import Volume Index (2015=100) | 147.693 2021 | yearly | 2000 - 2021 |
| 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 |
| 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 (%) | -14.1 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Foreign Direct Investment (USD mn) | 177.5 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| Foreign Direct Investment: % of GDP (%) | 9.7 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Foreign Portfolio Investment (USD mn) | 52.834 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| Foreign Portfolio Investment: % of GDP (%) | 1.0 Sep 2024 | quarterly | Mar 2000 - Sep 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) | -42,853.261 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| BoP: FA: Direct Investment: Asset (USD mn) | 2.673 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: CA: Goods & Services: Services (USD mn) | -248.232 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: FA: Portfolio Investment: Liabilities (USD mn) | 45.203 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: FA: Direct Investment (USD mn) | -209.109 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: FA: Financial Derivatives: Liabilities (USD mn) | 4.997 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: FA: OI: Asset (USD mn) | 177.299 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: CA: Goods & Services: Goods (USD mn) | 336.685 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: Net Errors & Omissions (USD mn) | -187.447 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: Reserves: Assets (USD mn) | -6.612 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: FA: OI: Liabilities (USD mn) | 218.982 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: Financial Account (FA) (USD mn) | -295.498 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: Capital Account (USD mn) | 12.942 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: FA: Direct Investment: Liabilities (USD mn) | 211.782 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: FA: Financial Derivatives (USD mn) | -2.485 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: FA: Portfolio Investment: Asset (USD mn) | 2.983 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: CA: Primary Income (USD mn) | -222.492 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: FA: Portfolio Investment (USD mn) | -42.220 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: FA: Financial Derivatives: Asset (USD mn) | 2.511 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: FA: Other Investment (OI) (USD mn) | -41.683 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| BoP: CA: Secondary Income (USD mn) | 6.433 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| Balance of Payments (BoP): Current Account (CA) (USD mn) | -127.606 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.8 Nov 2024 | monthly | Dec 1996 - Nov 2024 |
| Household Debt: % of GDP (%) | 26.4 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Non-Performing Loans (USD mn) | 606.815 Nov 2024 | monthly | Dec 1996 - Nov 2024 |
| Money Supply M1 (USD mn) | 3,145.545 Nov 2024 | monthly | Dec 1996 - Nov 2024 |
| Money Supply M2 (USD mn) | 12,144.217 Nov 2024 | monthly | Dec 1996 - Nov 2024 |
| M2 Growth (%) | 17.2 Nov 2024 | monthly | Dec 1997 - Nov 2024 |
| Reserve Requirement Ratio (%) | 11.0 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
| 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) | 7,490.264 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Total Deposits Growth (%) | 23.1 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Domestic Credit (USD mn) | 9,894.7 Nov 2024 | monthly | Dec 1992 - Nov 2024 |
| Domestic Credit Growth (%) | 22.5 Nov 2024 | monthly | Dec 1993 - Nov 2024 |
| Household Debt (USD mn) | 6,310.6 Nov 2024 | monthly | Jan 2004 - Nov 2024 |
| Total Loans (USD mn) | 10,498.477 Nov 2024 | monthly | Dec 1996 - Nov 2024 |
| Total Loans Growth (%) | 33.55 Nov 2024 | monthly | Dec 1997 - Nov 2024 |
| Private Debt: % of Nominal GDP (%) | 43.25 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Money Supply: M2: M1 (MNT mn) | 10,750,748.116 Nov 2024 | monthly | Dec 1990 - Nov 2024 |
| International Reserves: Gross (USD mn) | 4,964.960 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
More Indicators for Mongolia
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