Mongolia Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
Mongolia's services value added was 44.03% in 2025, ranked 165th globally. This represents a 0.7% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Mongolia's services value added stood at 44.03% in 2025, a decline of +0.31% from 2024. Based on recent trends, this figure is projected to reach 44.03% by 2025. Mongolia ranked 165th globally.
Mongolia’s services value added has risen modestly since the early 1990s, moving from 43.33 in 1990 to 44.03 in 2025, placing the country 165th in the world. The indicator reached its all‑time high of 46.86 in 2012, a peak that coincided with rapid urbanisation and the expansion of tourism and financial services after the mining boom. The lowest point occurred in 1995 at 29.31, reflecting the contraction of state‑run enterprises during the transition to a market economy. Over the 36‑year coverage period the series shows limited volatility, with the recent level only slightly below the 2012 peak and comparable to peers such as Lao PDR (44.58) and Mauritania (44.66). Continued diversification of the economy, particularly through digital platforms and cross‑border trade, could lift services value added further, while a slowdown in mining revenues or reduced foreign investment might dampen future gains.
Data & projection
| Year | Services Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 45.85% | - | - |
| 2026* trend | 44.94% | - | - |
| 2025* trend | 44.03% | - | - |
| 2025 | 44.03% | −0.31% | #165 |
| 2024 | 44.34% | +3.30% | #27 |
| 2023 | 41.04% | +0.07% | #16 |
| 2022 | 40.98% | +1.33% | #26 |
| 2021 | 39.64% | −0.85% | #20 |
| 2020 | 40.49% | +0.75% | #17 |
| 2019 | 39.74% | −0.06% | #14 |
| 2018 | 39.80% | −2.58% | #12 |
| 2017 | 42.38% | −3.50% | #20 |
| 2016 | 45.88% | −0.29% | #34 |
| 2015 | 46.17% | +0.34% | #35 |
| 2014 | 45.82% | +1.11% | #44 |
| 2013 | 44.72% | −2.14% | #41 |
| 2012 | 46.86% | +1.07% | #50 |
| 2011 | 45.79% | +0.95% | #51 |
Detected Pattern
Analysis
Mongolia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw services value added improve within 24 months. View full analysis →
Frequently Asked Questions
Mongolia's services value added was 44.03% in 2025. Ranked 165th globally. This represents a 0.7% decrease from the previous year.
Mongolia's services value added peaked at 46.86% in 2012.
The lowest services value added in Mongolia was 29.31% in 1995.
Mongolia ranks 165th globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
Mongolia's services value added is projected to reach 44.03% by 2025 based on trend extrapolation.
The services value added of Mongolia in 2025 was 44.03%. This ranks 165th in the world.
Cite this page
@misc{historysaid_mongolia_services-value-added,
title = {Mongolia Services Value Added},
url = {https://historysaid.com/mongolia/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}