Home → Mongolia → Economy & Growth → GDP per Capita PPP

Mongolia GDP per Capita PPP

GDP per capita based on PPP  NY.GDP.PCAP.PP.CD

Mongolia's gdp per capita ppp was $20,378 in 2025, ranked 97th globally. This represents a 6.4% increase from 2024. Data from World Bank, covering 1990–2025.

$20,378 +$1,234 (+6.4%)
Year 2025 Rank #97 Global Peak $20,378 (2025) Source World Bank

Mongolia GDP per Capita PPP (1990–2025)

Overview

Mongolia's gdp per capita ppp stood at $20,378 in 2025, a rise of +$1,234 from 2024. The IMF projects $20,378 by 2025. Mongolia ranked 97th globally.

Mongolia’s GDP per capita measured in purchasing‑power‑parity terms has risen dramatically since the early 1990s, climbing from a low of 2,928.84 in 1993 – the all‑time trough – to a peak of 20,378.30 in 2025, placing the country 97th in the world. This 595 % increase over 36 years reflects sustained expansion of the mining sector, modest diversification into services, and gradual integration into global markets, albeit with pronounced volatility during the 1990s transition. The latest figure of 20,378.30 (World Bank, 2025) is marginally below that of peer economies such as Equatorial Guinea (20,493.83) and Ukraine (20,903.94), indicating that Mongolia now competes with middle‑income nations despite its relatively small population. While the upward trajectory suggests continued improvement, future shifts in commodity prices, investment in value‑added industries, and reforms in fiscal policy will be decisive in determining whether the growth in per‑capita output can be sustained or accelerated.

Data & projection

Year GDP per Capita PPP YoY change Rank
2030* IMF $27,184 - -
2029* IMF $25,688 - -
2028* IMF $24,305 - -
2027* IMF $22,965 - -
2026* IMF $21,649 - -
2025* IMF $20,378 - -
2025 $20,378 +$1,234 #97
2024 $19,145 +$1,246 #102
2023 $18,005 +$1,718 #106
2022 $16,402 +$1,723 #110
2021 $14,792 +$1,223 #112
2020 $13,693 +$209 #109
2019 $13,605 +$1,403 #112
2018 $12,317 +$1,323 #117
2017 $11,096 +$681 #121
2016 $10,511 +$139 #120
2015 $10,458 +$216 #118
2014 $10,900 +$1,360 #116
2013 $10,442 +$1,858 #118
2012 $10,152 +$2,499 #115
2011 $8,862 +$2,351 #121
Show all years (1990-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +44.6% GDP growth 7.4% C/A balance 0.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Mongolia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp per capita ppp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Mongolia's gdp per capita ppp?▾

Mongolia's gdp per capita ppp was $20,378 in 2025. Ranked 97th globally. This represents a 6.4% increase from the previous year.

What was the highest gdp per capita ppp in Mongolia?▾

Mongolia's gdp per capita ppp peaked at $20,378 in 2025.

What was the lowest gdp per capita ppp in Mongolia?▾

The lowest gdp per capita ppp in Mongolia was $2,929 in 1993.

How does Mongolia rank in gdp per capita ppp?▾

Mongolia ranks 97th globally in gdp per capita ppp as of 2025.

What is the World Bank indicator code for gdp per capita ppp?▾

The World Bank indicator code is NY.GDP.PCAP.PP.CD. Data sourced from World Bank.

What is the projected gdp per capita ppp of Mongolia in 2025?▾

Mongolia's gdp per capita ppp is projected to reach $20,378 by 2025 based on IMF projection.

What is the gdp per capita ppp of Mongolia in 2025?▾

The gdp per capita ppp of Mongolia in 2025 was $20,378. This ranks 97th in the world.

Cite this page

APA
Mongolia GDP per Capita PPP. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/mongolia/gdp-per-capita-ppp/
BibTeX
@misc{historysaid_mongolia_gdp-per-capita-ppp, title = {Mongolia GDP per Capita PPP}, url = {https://historysaid.com/mongolia/gdp-per-capita-ppp/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub