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Mongolia

Mongolia

Mongolia is a landlocked country in East Asia, bordered by Russia to the north and China to the south. It covers an area of 1,564,116 square kilometres (603,909 square miles), with a population of 3.5 million, making it the world's most sparsely populated sovereign state. Mongolia is the world's largest landlocked country that does not border a closed sea, and much of its area is covered by grassy steppe, with mountains to the north and west and the Gobi Desert to the south. Ulaanbaatar, the capital and largest city, is home to roughly half of the country's population. The territory of modern-day Mongolia has been ruled by various nomadic empires, including the Xiongnu, the Xianbei, the Rouran, the First Turkic Khaganate, the Second Turkic Khaganate, the Uyghur Khaganate and others. In 1206, Genghis Khan founded the Mongol Empire, which became the largest contiguous land empire in history. His grandson Kublai Khan conquered China proper and established the Yuan dynasty. After the collapse of the Yuan, the Mongols retreated to Mongolia and resumed their earlier pattern of factional conflict, except during the era of Dayan Khan and Tumen Zasagt Khan. In the 16th century, Tibetan Buddhism spread to Mongolia, ... [More]
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Mongolia Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
USD/MNT Ask 2925 - 2925 2925 0.00 0.00% 2023/09/27 Time 20:01
CAD/MNT Ask 2585.6127 - 2585.6127 2590.7688 0.00 0.00% 2023/05/03 Time 16:17
CNY/MNT Ask 510.2 - 510.2 510.2 0.00 0.00% 2023/05/03 Time 15:38

Mongolia Indices

Indicator Value Previous Low High Change Change % Time Chart
MNE Top 20 48193.61 - 48193.61 48193.61 95.46 0.20% 2024/09/19 Time 12:35

Mongolia Stocks

Indicator Value Previous Low High Change Change % Time Chart
Mongol Post Co 571.85 570 570 589.9 16.15 2.82% 2024/09/19 Time 13:36
Suu JSC 412.69 410 410 412.69 13.92 3.37% 2024/09/19 Time 13:36
Tavantolgoi JSC 32680 32700 31580 32800 900.00 2.75% 2024/09/19 Time 13:36
Tumen Shuvuut JSC 360.51 362 336 362.97 8.51 2.36% 2024/09/19 Time 13:36
Invescore Nbfi Jsc 7975 7980 7975 7980 20.00 0.25% 2024/09/19 Time 13:36
Ard Credit NBFI JSC 99.9 97.1 97.1 99.9 0.10 0.10% 2024/09/19 Time 10:20

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Metric
Balance of Trade
267 24 Aug 346 USD Million
Banks Balance Sheet
57608746 24 May 55047131 MNT Million
CPI Housing Utilities
134 24 Aug 133 points
CPI Transportation
131 24 Aug 131 points
Capital Flows
60.88 24 Mar 45.55 USD Million
Central Bank Balance Sheet
20547354 24 May 19721163 MNT Million
Changes in Inventories
750167 24 Jun 605118 MNT Million
Construction PMI
49.6 24 Mar 37.3 points
Consumer Price Index CPI
147 24 Aug 146 points
Consumer Spending
5763751 24 Jun 5377721 MNT Million
Corporate Tax Rate
25 24 Dec 25 percent
Crude Oil Production
14 24 May 15 BBL/D/1K
Current Account
47.66 24 May -232 USD Million
Current Account to GDP
-10.9 23 Dec -13.4 percent of GDP
Deposit Interest Rate
11.62 24 Jul 11.63 percent
Electricity Production
498 24 Jun 559 Gigawatt-hour
Employed Persons
1347144 24 Jun 1332616
Employment Rate
58.6 24 Jun 58 percent
Exports
1358 24 Aug 1379 USD Million
External Debt
3500292 24 Mar 34569800 USD Thousand
Food Inflation
7.3 24 Aug 5.6 percent
Foreign Direct Investment
30978863 24 Mar 30696590 USD Million
Foreign Exchange Reserves
4839 24 Jun 5183 USD Million
Full Year GDP Growth
7 23 Dec 5 percent
GDP
19.87 23 Dec 17.15 USD Billion
GDP Annual Growth Rate
5.6 24 Jun 7.9 percent
GDP Constant Prices
8342287 24 Jun 6064730 MNT Million
GDP from Agriculture
1269843 24 Jun 158084 MNT Million
GDP from Construction
176280 24 Jun 63122 MNT Million
GDP from Manufacturing
527929 24 Jun 354640 MNT Million
GDP from Mining
954580 24 Jun 920253 MNT Million
GDP from Services
2265854 24 Jun 2024765 MNT Million
GDP from Transport
360276 24 Jun 334496 MNT Million
GDP from Utilities
167612 24 Jun 264343 MNT Million
GDP per Capita
4484 23 Dec 4250 USD
GDP per Capita PPP
16322 23 Dec 15470 USD
Gold Reserves
5.45 24 Mar 6.03 Tonnes
Government Budget
-1.9 22 Dec -6.8 percent of GDP
Government Debt to GDP
48 22 Dec 55 percent of GDP
Gross Fixed Capital Formation
2027057 24 Jun 2166464 MNT Million
Gross National Product
62323580 23 Dec 47323439 MNT Million
Imports
1090 24 Aug 1033 USD Million
Industrial Production
-19.1 24 Aug 0.9 percent
Industrial Production Mom
-15.9 24 Aug -4 percent
Inflation Rate
6.5 24 Aug 5.5 percent
Inflation Rate MoM
0.8 24 Aug 0.1 percent
Interbank Rate
11.01 24 Jul 10.98 percent
Interest Rate
11 24 Aug 11 percent
Labor Force Participation Rate
62.2 24 Jun 61.1 percent
Manufacturing PMI
49.2 24 Jan 62.1 points
Manufacturing Production
-8.3 24 Aug 0.5 percent
Minimum Wages
660000 24 Jan 550000 MNT/Month
Mining Production
-21.7 24 Aug 0.8 percent
Money Supply M1
12092814 24 Jul 11807412 MNT Million
Money Supply M2
41754478 24 Jul 41467302 MNT Million
Personal Income Tax Rate
20 24 Dec 20 percent
Population
3.5 23 Dec 3.45 Million
Producer Prices
225 24 Aug 239 points
Producer Prices Change
-2.5 24 Aug 7.7 percent
Remittances
4.84 24 Jun 5.32 USD Million
Retirement Age Men
60 24 Dec 60 Years
Retirement Age Women
55 24 Dec 55 Years
Services PMI
54.1 24 Mar 59.8 points
Stock Market
48289 24 Sep 48329 points
Terrorism Index
0 23 Dec 0 Points
Unemployed Persons
82273 24 Jun 71755
Unemployment Rate
5.8 24 Jun 5.1 percent
Wages
2284 24 Mar 2235 MNT Thousand/Month
Wages in Manufacturing
2118 24 Mar 2029 MNT Thousand/Month
Indicator Actual Q1 Q2 Q3 Q4 Metric
Balance of Trade 267 380 650 650 650 USD Million
Consumer Price Index CPI 147 145.06 146.37 148.9 152.09 points
Consumer Spending 5763751 5692933 5467213 5646607 6051938 MNT Million
Current Account to GDP -10.9 -13 -10 -9 percent of GDP
Deposit Interest Rate 11.62 12.62 8.62 7.62 6.62 percent
Exports 1358 1300 1550 1550 1550 USD Million
Food Inflation 7.3 6.8 6 5.3 5.3 percent
Full Year GDP Growth 7 3.8 percent
GDP 19.87 20.63 21.66 22.96 USD Billion USD Billion
GDP Annual Growth Rate 5.6 4 3.8 5 5 percent
GDP Constant Prices 8342287 8386786 9091296 6367967 8759401 MNT Million
GDP from Agriculture 1269843 1128292 850536 165988 1333335 MNT Million
GDP from Construction 176280 211157 516283 66278 185094 MNT Million
GDP from Manufacturing 527929 602603 1097083 372373 554325 MNT Million
GDP from Mining 954580 1163254 1167819 966266 1002309 MNT Million
GDP from Services 2265854 2203424 2591306 2126003 2379147 MNT Million
GDP from Transport 360276 646702 627247 351220 378290 MNT Million
GDP from Utilities 167612 143842 260046 277560 175993 MNT Million
GDP per Capita 4484 4654 4887 5180 USD USD
GDP per Capita PPP 16322 16942 17789 18857 USD USD
Government Budget -1.9 -4 percent of GDP
Government Debt to GDP 48 40 37 37 percent of GDP
Gross Fixed Capital Formation 2027057 2692162 2970735 2274788 2128410 MNT Million
Gross National Product 62323580 64691876 MNT Million
Imports 1090 920 900 900 900 USD Million
Industrial Production -19.1 -5 -3.2 -3.2 -3.2 percent
Inflation Rate 6.5 5.5 5 4.2 4.6 percent
Inflation Rate MoM 0.8 0.7 0.9 0.9 0.9 percent
Interbank Rate 11.01 12.01 8.01 7.01 6.01 percent
Interest Rate 11 12 8 7 6 percent
Population 3.5 3.6 3.7 3.7 Million Million
Producer Prices 225 208.78 262.2 227.15 234.5 points
Producer Prices Change -2.5 3 2.5 2 2 percent
Stock Market 48289 48583 48206 47829 47457 points
Unemployment Rate 5.8 6.2 7 7 7 percent