General profile: Mongolia

GENERAL INFORMATION FOR 2017
Population
Population
Exchange rates
Exchange rate
GDP
GDP
3.076 Millions
2 439.777 MNT/US$
11 107 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(m) 1 553 560 km²
4.05 %
5.10 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+26.1 %
Merchandise exports growth rate in 2017
Total merchandise trade
(millions of US$)
2005
2010
2015
2017
Merchandise exports
1 065
2 899
4 669
6 201
Merchandise imports
1 184
3 278
3 798
4 336
Merchandise trade balance
-119
-379
872
1 865
Export structure by product group in 2017
(as % of total exports)
14 %14 %27 %27 %54 %54 %5 %5 %
Top 5 partners in 2017
(exports, millions of US$)
5 2696616843275 269661684327
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2017
Services exports
414
486
689
1 006
Services imports
401
789
1 404
2 201
Services trade balance
14
-303
-715
-1 195
Services exports by main category ²
(as % of total services)
2005
2010
2015
2017
Transport
48.1
35.9
34.6
33.7
Travel
42.7
50.2
35.6
39.3
Other services
9.3
13.8
28.8
26.5
TRADE INDICES
More data on UNCTADstat
567567510510544544397397402402440440310310221221261261227227201201150150140140110110101101100100100100159159158158171171187187202202218218212212171171184184174174168168122122119119105105104104999910010056751054439740244031022126122720115014011010110010015915817118720221821217118417416812211910510499100
ECONOMIC TRENDS
More data on UNCTADstat
+5.1 %
Gross domestic product growth rate in 2017
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2017
GDP, current
2 926
7 189
11 750
11 107
GDP per capita, current US$
1 158
2 650
3 947
3 611
Real GDP growth, y-on-y, %
7.25
6.37
2.38
5.10
Current account balance, % of GDP
2.99
-12.32
-8.07
..
Exchange rate (/US$)
1 205.247
1 357.064
1 970.309
2 439.777
GDP by expenditure in 2016
(as % of total GDP)
53.314.529.550.846.853.314.529.550.846.8
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.4 %
FDI outflows as % of GDP in 2017
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2017
FDI inflows
187.62
1 691.42
94.23
1 494.35
FDI outflows
2.30
62.33
11.32
48.61
Personal remittances, % of GDP
6.16
3.70
2.22
..
Financial flows trends
(millions of US$)
262.9262.9260.9260.9255.1255.1255.7255.7320.4320.4279.4279.4266.2266.2199.6199.6224.6224.6178.0178.0181.4181.4180.4180.4202.1202.1129.0129.056.356.325.025.012.012.01 4941 494-4 156-4 15694943373372 0602 0604 2724 2724 5714 5711 6911 6916246248458453733732452451881889393132132787863635454262.9260.9255.1255.7320.4279.4266.2199.6224.6178.0181.4180.4202.1129.056.325.012.01 494-4 156943372 0604 2724 5711 69162484537324518893132786354FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2017
Balance, % of GDP
-14.26
-9.09
-4.88
-2.79
Balance, % of imports
-26.64
-16.89
-10.84
-4.73
Normalized balance
-0.154
-0.092
-0.057
-0.024
Trade openness ²
(sum of imports and exports as % of GDP)
1159485105100108121998795979193
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2017
(as % of total labour force, all sectors)
Male
53%Male 53%Female
47%Female 47%
OTHER INDICATORS
More data on UNCTADstat
0.069 %
Share of the total world merchant fleet in 2017
Maritime transport indicators
 
2005
2010
2015
2017
Merchant fleet, national flag (thousands of DWT)
..
1 190
2 232
1 280
Liner shipping connectivity index (maximum 2004 = 100 for China)
..
..
..
..
Container port throughput (TEU)
..
..
..
..
Information economy indicators
(as % of)
2005
2010
2015
2017
Share of ICT goods, % of total exports
0.00
..
0.08
..
Share of ICT goods, % of total imports
4.99
..
5.01
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
m
Estimated. Data refers to 2013.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 14 August 2018