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Mongolia GDP per Capita

GDP divided by midyear population  NY.GDP.PCAP.CD

Mongolia's gdp per capita was $7,005 in 2025, ranked 102nd globally. This represents a 3.8% increase from 2024. Data from World Bank, covering 1980–2025.

$7,005 +$255 (+3.8%)
Year 2025 Rank #102 Global Peak $7,005 (2025) Source World Bank

Mongolia GDP per Capita (1980–2025)

Overview

Mongolia's gdp per capita stood at $7,005 in 2025, a rise of +$255 from 2024. The IMF projects $7,005 by 2025. Mongolia ranked 102nd globally.

Mongolia’s GDP per capita has risen dramatically from a low of 354.90 in 1993, the all‑time trough, to 7,005.49 in 2025, the highest figure recorded over the 46‑year series and placing the country 102nd globally. This growth represents a more than twenty‑fold increase from the 1980 baseline of 1,235.14, reflecting the expansion of mining exports and modest diversification of services since the early 2000s. By comparison, peer economies such as Botswana (6,943.16) and Ecuador (7,210.11) are clustered around the same level, underscoring Mongolia’s emergence into the mid‑range of middle‑income nations. The upward trajectory, however, remains vulnerable to commodity price swings and domestic policy reforms aimed at improving fiscal stability and human capital. Continued investment in infrastructure and broader economic diversification will be crucial to sustain the positive trend and lift Mongolia further up the global ranking.

Data & projection

Year GDP per Capita YoY change Rank
2030* IMF $8,588 - -
2029* IMF $8,260 - -
2028* IMF $7,955 - -
2027* IMF $7,637 - -
2026* IMF $7,320 - -
2025* IMF $7,005 - -
2025 $7,005 +$255 #102
2024 $6,751 +$954 #113
2023 $5,839 +$879 #122
2022 $4,994 +$511 #131
2021 $4,518 +$553 #134
2020 $4,001 −$308 #134
2019 $4,348 +$269 #137
2018 $4,108 +$495 #141
2017 $3,646 +$71 #142
2016 $3,620 −$180 #138
2015 $3,839 −$242 #134
2014 $4,126 −$168 #133
2013 $4,340 +$59 #130
2012 $4,329 +$627 #129
2011 $3,736 +$1,134 #136
Show all years (1980-2025)
* 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 improve within 24 months. View full analysis →

Frequently Asked Questions

What is Mongolia's gdp per capita?▾

Mongolia's gdp per capita was $7,005 in 2025. Ranked 102nd globally. This represents a 3.8% increase from the previous year.

What was the highest gdp per capita in Mongolia?▾

Mongolia's gdp per capita peaked at $7,005 in 2025.

What was the lowest gdp per capita in Mongolia?▾

The lowest gdp per capita in Mongolia was $355 in 1993.

How does Mongolia rank in gdp per capita?▾

Mongolia ranks 102nd globally in gdp per capita as of 2025.

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

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

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

Mongolia's gdp per capita is projected to reach $7,005 by 2025 based on IMF projection.

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

The gdp per capita of Mongolia in 2025 was $7,005. This ranks 102nd in the world.

Cite this page

APA
Mongolia GDP per Capita. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/mongolia/gdp-per-capita/
BibTeX
@misc{historysaid_mongolia_gdp-per-capita, title = {Mongolia GDP per Capita}, url = {https://historysaid.com/mongolia/gdp-per-capita/}, publisher = {HistorySaid}, year = {2026} }
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