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Mongolia GDP Growth
5.1%as of 2024
Mongolia's gdp growth stands at 5.1% as of 2024. The indicator has increased from null% in 2014 to 5.1% in 2024. Source: World Bank WDI.
Historical trend (2014–2024)
GDP Growth — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | % | — |
| 2015 | 2.4% | — |
| 2016 | 1.5% | -0.9pp |
| 2017 | 5.6% | +4.1pp |
| 2018 | 7.7% | +2.1pp |
| 2019 | 5.6% | -2.1pp |
| 2020 | -4.6% | -10.2pp |
| 2021 | 1.6% | +6.2pp |
| 2022 | 5% | +3.4pp |
| 2023 | 7.4% | +2.4pp |
| 2024 | 5.1% | -2.3pp |
Source: World Bank WDI. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.