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 (%) | 6.6 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Australia (%) | 4.2 May 2023 | monthly | Apr 1983 - May 2023 |
| Austria (%) | 3.3 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Azerbaijan (%) | 8.0 Dec 2024 | monthly | Dec 2007 - Dec 2024 |
| Belarus (%) | 12.1 Dec 2024 | monthly | Oct 2008 - Dec 2024 |
| Belgium (%) | -4.4 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Bosnia and Herzegovina (%) | 15.4 Apr 2023 | monthly | Jan 2013 - Apr 2023 |
| Brazil (%) | 4.0 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Bulgaria (%) | -0.6 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Canada (%) | 1.1 Apr 2023 | monthly | Jan 1992 - Apr 2023 |
| Chile (%) | 5.8 Dec 2024 | monthly | Jan 2015 - Dec 2024 |
| China (%) | 12.7 May 2023 | monthly | Jan 1994 - May 2023 |
| Colombia (%) | 6.8 Nov 2024 | monthly | Jan 2014 - Nov 2024 |
| Croatia (%) | 3.3 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Cyprus (%) | 3.6 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Czech Republic (%) | 5.5 Dec 2024 | monthly | Jan 2001 - Dec 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 (%) | 2.3 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Finland (%) | 1.9 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| France (%) | 1.8 Nov 2024 | monthly | Jan 1996 - Nov 2024 |
| Georgia (%) | 6.8 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Germany (%) | -4.4 Apr 2023 | monthly | Jan 1995 - Apr 2023 |
| Greece (%) | 0.9 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Hong Kong SAR, China (%) | 16.6 May 2023 | monthly | Jan 1982 - May 2023 |
| Hungary (%) | 0.2 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Iceland (%) | 6.6 Aug 2024 | monthly | Feb 2002 - Aug 2024 |
| Indonesia (%) | 0.0 May 2023 | monthly | Jan 2011 - May 2023 |
| Ireland (%) | 1.6 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Israel (%) | 9.4 Nov 2024 | monthly | Jan 1998 - Nov 2024 |
| Italy (%) | 1.5 Dec 2024 | monthly | Jan 2001 - Dec 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 (%) | 2.4 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Lithuania (%) | 7.7 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Luxembourg (%) | 8.4 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Macau SAR, China (%) | -16.9 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| North Macedonia (%) | 3.6 Dec 2024 | monthly | Jan 2011 - Dec 2024 |
| Malaysia (%) | 12.9 Apr 2023 | monthly | Jan 2014 - Apr 2023 |
| Malta (%) | 4.3 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Mexico (%) | 4.6 Apr 2023 | monthly | Jan 2002 - Apr 2023 |
| Moldova (%) | 10.7 Nov 2024 | monthly | Jan 2011 - Nov 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 (%) | 0.8 Dec 2024 | monthly | Jan 1980 - Dec 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 (%) | 7.8 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Russia (%) | 5.2 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
| Serbia (%) | -6.2 May 2023 | monthly | Dec 2004 - May 2023 |
| Singapore (%) | -4.2 Dec 2024 | monthly | Jan 1986 - Dec 2024 |
| Slovakia (%) | 10.1 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Slovenia (%) | -3.0 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| South Africa (%) | 6.5 Nov 2024 | monthly | Jan 2003 - Nov 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 (%) | 8.6 Jan 2025 | monthly | Sep 2004 - Jan 2025 |
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) | -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: Net Lending (MNT mn) | 374,394.900 Dec 2024 | monthly | Dec 1999 - Dec 2024 |
| 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 Balance: ytd (MNT mn) | -776,199.100 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 Expenditure & NL: ytd: Expenditure: Current (MNT mn) | 22,066,910.300 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: Live Animals and Products of Animal Origin (USD th) | 17,462.446 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: 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: Asia: North Eastern: ow China (USD th) | 1,094,610.483 Dec 2024 | monthly | Dec 1999 - Dec 2024 |
| Exports: America: USA (USD th) | 486.100 Dec 2018 | monthly | Dec 1999 - Dec 2018 |
| Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) | 170,345.118 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: Food Products (USD th) | 79,897.146 Dec 2024 | monthly | Dec 1999 - Dec 2024 |
| Imports: Mineral Products (USD th) | 240,801.861 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: 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 |
| Imports: America: ow USA (USD th) | 58,878.256 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: Asia: North Eastern: ow China (USD th) | 385,098.646 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: Financial Account (FA) (USD mn) | -1,305.345 Dec 2024 | monthly | Jan 2009 - Dec 2024 |
| BoP: FA: Direct Investment (USD mn) | -495.353 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: Direct Investment: Asset (USD mn) | 8.627 Dec 2024 | monthly | Jan 2009 - Dec 2024 |
| BoP: FA: Portfolio Investment (USD mn) | -393.403 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: Other Investment (OI) (USD mn) | -418.743 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: FA: Financial Derivatives: Liabilities (USD mn) | 2.024 Dec 2024 | monthly | Jan 2009 - Dec 2024 |
| BoP: FA: OI: Liabilities (USD mn) | 331.451 Dec 2024 | monthly | Jan 2009 - Dec 2024 |
| BoP: FA: Portfolio Investment: Liabilities (USD mn) | 382.944 Dec 2024 | monthly | Jan 2009 - Dec 2024 |
| BoP: Net Errors & Omissions (USD mn) | 10.692 Dec 2024 | monthly | Jan 2009 - Dec 2024 |
| BoP: Reserves: Assets (USD mn) | 584.662 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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