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Mongolia GDP (2026)

IMF (2026)

Nominal (current) Gross Domestic Product (GDP) of Mongolia is $28.45 billion ($28,450,000,000) as of 2026, according to the International Monetary Fund (IMF).
The GDP growth rate in 2026 is 5.3%, according to the International Monetary Fund (IMF).
GDP per Capita in Mongolia (with a population of 3,556,798 people) is $7,853 in 2026, an increase of $774 from $7,079 in 2025; this represents a change of 10.9% in GDP per capita.

GDP Change (%)

Gross Domestic Product (GDP) of Mongolia

Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2026 $28,450,000,000 5.3% $7,853 1.13%
2025 $25,370,000,000 6.8% $7,079 1.2%
2024 $23,795,000,000 5.1% $6,712 1.27%
2023 $20,315,000,000 7.4% $5,796 1.36%
2022 $17,146,000,000 5.0% $4,959 1.39%
2021 $15,286,000,000 1.6% $4,483 1.49%
2020 $13,313,000,000 −4.6% $3,965 1.82%
2019 $14,206,000,000 5.6% $4,309 2.03%
2018 $13,207,000,000 7.7% $4,078 2.04%
2017 $11,481,000,000 5.6% $3,613 2.09%
2016 $11,154,000,000 1.5% $3,575 2.16%
2015 $11,620,000,000 2.4% $3,800 2.18%
2014 $12,227,000,000 7.9% $4,081 2.14%
2013 $12,582,000,000 11.6% $4,294 2.02%
2012 $12,278,000,000 12.3% $4,281 1.83%
2011 $10,410,000,000 17.3% $3,702 1.61%
2010 $7,185,000,000 7.3% $2,602 1.37%
2009 $4,584,000,000 −2.1% $1,688 1.17%
2008 $5,623,000,000 7.8% $2,109 1.01%
2007 $4,235,000,000 8.8% $1,616 0.9%
2006 $3,414,000,000 8.2% $1,322 0.83%
2005 $2,523,000,000 6.5% $989 0.81%
2004 $1,992,000,000 9.4% $790 0.83%
2003 $1,595,000,000 7.4% $639 0.87%
2002 $1,397,000,000 5.3% $566 0.9%
2001 $1,268,000,000 4.6% $521 0.92%
2000 $1,137,000,000 1.1% $473 0.87%
1999 $1,057,000,000 3.1% $446 0.88%
1998 $1,125,000,000 3.3% $481 0.99%
1997 $1,181,000,000 3.9% $512 1.09%
1996 $1,348,000,000 2.2% $592 1.19%
1995 $1,452,000,000 6.4% $647 1.3%
1994 $926,000,000 2.1% $419 1.42%
1993 $771,000,000 −3.2% $352 1.54%
1992 $1,566,000,000 −9.3% $722 1.65%
1991 $2,821,000,000 −9.2% $1,325 1.76%
1990 $2,678,000,000 −2.5% $1,289 1.9%
1989 $4,275,000,000 4.2% 2.31%
1988 $4,104,000,000 5.1% 2.65%
1987 $4,086,000,000 3.5% 2.63%
1986 $3,636,000,000 9.4% 2.57%
1985 $3,294,000,000 5.7% 2.52%
1984 $2,837,000,000 5.9% 2.47%
1983 $3,071,000,000 5.8% 2.45%
1982 $2,963,000,000 8.3% 2.44%
1981 $2,854,000,000 8.4% 2.44%
1980 $2,728,000,000 6.4% 2.45%
Year GDP PPP GDP PPP per Capita PPP Per Capita Change Pop. Change
2026 $80,398,000,000 $22,192 7.1% 1.13%
2025 $74,252,000,000 $20,720 8.7% 1.2%
2024 $67,579,000,000 $19,064 6.5% 1.27%
2023 $62,729,000,000 $17,898 9.9% 1.36%
2022 $56,311,000,000 $16,286 11% 1.39%
2021 $50,053,000,000 $14,679 8.2% 1.49%
2020 $45,560,000,000 $13,569 0.6% 1.82%
2019 $44,457,000,000 $13,485 10.5% 2.03%
2018 $39,517,000,000 $12,202 11% 2.04%
2017 $34,941,000,000 $10,995 5.6% 2.09%
2016 $32,494,000,000 $10,415 0.4% 2.16%
2015 $31,716,000,000 $10,372 1.3% 2.18%
2014 $30,685,000,000 $10,242 7.4% 2.14%
2013 $27,955,000,000 $9,540 11.1% 2.02%
2012 $24,619,000,000 $8,585 12.2% 1.83%
2011 $21,518,000,000 $7,653 17.6% 1.61%
2010 $17,975,000,000 $6,510 6.9% 1.37%
2009 $16,549,000,000 $6,093 −3.3% 1.17%
2008 $16,795,000,000 $6,300 8% 1.01%
2007 $15,283,000,000 $5,832 10.1% 0.9%
2006 $13,682,000,000 $5,296 10.1% 0.83%
2005 $12,271,000,000 $4,810 8.6% 0.81%
2004 $11,171,000,000 $4,430 11.2% 0.83%
2003 $9,941,000,000 $3,984 8.2% 0.87%
2002 $9,081,000,000 $3,683 5.5% 0.9%
2001 $8,494,000,000 $3,492 5.7% 0.92%
2000 $7,939,000,000 $3,304 2.2% 0.87%
1999 $7,675,000,000 $3,234 3.1% 0.88%
1998 $7,343,000,000 $3,138 3% 0.99%
1997 $7,026,000,000 $3,045 4.2% 1.09%
1996 $6,648,000,000 $2,921 2.6% 1.19%
1995 $6,386,000,000 $2,847 7% 1.3%
1994 $5,880,000,000 $2,661 3.3% 1.42%
1993 $5,637,000,000 $2,575 −1.8% 1.54%
1992 $5,686,000,000 $2,622 −8.9% 1.65%
1991 $6,127,000,000 $2,877 −8.4% 1.76%
1990 $6,527,000,000 $3,140 1.9%
1989 $6,452,000,000 2.31%
1988 $5,959,000,000 2.65%
1987 $5,474,000,000 2.63%
1986 $5,159,000,000 2.57%
1985 $4,622,000,000 2.52%
1984 $4,239,000,000 2.47%
1983 $3,863,000,000 2.45%
1982 $3,514,000,000 2.44%
1981 $3,055,000,000 2.44%
1980 $2,575,000,000 2.45%
Year GDP Nominal (Current USD) GDP Real (Constant, Inflation Adjusted) Pop. Change
2024 $23,586,055,802 $16,268,442,809 1.27%
2023 $20,325,121,394 $15,513,848,973 1.36%
2022 $17,146,471,714 $14,441,951,079 1.39%
2021 $15,286,441,738 $13,749,955,732 1.49%
2020 $13,312,981,429 $13,528,524,951 1.82%
2019 $14,206,359,018 $14,174,566,537 2.03%
2018 $13,178,094,720 $13,422,599,720 2.04%
2017 $11,480,847,741 $12,457,761,003 2.09%
2016 $11,181,350,649 $11,793,003,948 2.16%
2015 $11,619,892,591 $11,619,892,591 2.18%
2014 $12,226,514,668 $11,349,786,312 2.14%
2013 $12,582,122,604 $10,520,241,545 2.02%
2012 $12,292,770,632 $9,422,609,645 1.83%
2011 $10,409,797,378 $8,389,088,994 1.61%
2010 $7,189,481,999 $7,152,385,862 1.37%
2009 $4,583,850,368 $6,724,368,909 1.17%
2008 $5,623,216,608 $6,810,770,268 1.01%
2007 $4,234,999,704 $6,254,129,712 0.9%
2006 $3,414,055,662 $5,672,782,077 0.83%
2005 $2,523,471,601 $5,225,662,153 0.81%
2004 $1,992,066,808 $4,872,245,747 0.83%
2003 $1,595,297,356 $4,404,273,778 0.87%
2002 $1,396,555,720 $4,115,965,440 0.9%
2001 $1,267,997,934 $3,929,961,222 0.92%
2000 $1,136,896,124 $3,817,248,911 0.87%
1999 $1,057,408,589 $3,773,996,565 0.88%
1998 $1,124,440,205 $3,661,572,769 0.99%
1997 $1,180,934,203 $3,543,231,097 1.09%
1996 $1,345,719,472 $3,410,339,918 1.19%
1995 $1,452,165,005 $3,335,782,059 1.3%
1994 $925,817,092 $3,135,828,262 1.42%
1993 $768,401,634 $3,070,296,388 1.54%
1992 $1,317,611,864 $3,170,771,528 1.65%
1991 $2,379,018,326 $3,494,212,070 1.76%
1990 $2,560,785,660 $3,826,905,841 1.9%
1989 $3,576,966,800 $3,952,780,564 2.31%
1988 $3,204,461,567 $3,794,249,397 2.65%
1987 $3,020,611,600 $3,609,858,809 2.63%
1986 $2,896,178,867 $3,489,180,327 2.57%
1985 $2,186,505,475 $3,190,107,887 2.52%
1984 $2,098,734,600 $3,017,709,971 2.47%
1983 $2,725,736,633 $2,848,685,511 2.45%
1982 $2,552,401,933 $2,691,653,428 2.44%
1981 $2,310,099,100 $2,484,401,291 2.44%
1980 $2,101,394,100 2.45%

Mongolia GDP Projections (IMF)

Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2027 $30,604,000,000 5.3% $8,356 1.08%
2028 $32,827,000,000 5.2% $8,866 1.04%
2029 $35,203,000,000 5.0% $9,405 1.01%
2030 $37,744,000,000 5.0% $9,975 0.98%
2031 $40,473,000,000 5.0% $10,580 0.96%
Year GDP PPP GDP PPP per Capita PPP Per Capita Change Pop. Change
2027 $86,507,000,000 $23,620 −5.5% 1.08%
2028 $92,498,000,000 $24,982 −5.4% 1.04%
2029 $98,851,000,000 $26,409 −5.5% 1.01%
2030 $105,709,000,000 $27,936 −5.4% 0.98%
2031 $113,014,000,000 $29,543 0.96%

Sources:

IMF, World Economic Outlook (April 2026).
World Bank
National Accounts Data – United Nations Statistics Division
World Population Prospects: The 2024 Revision – United Nations Population Division

See Also:

GDP by Country
GDP per Capita by Country
What is GDP?
Population of Mongolia