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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Mongolia & Venezuela

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Mongolia vs Venezuela

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Mongolia Venezuela
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World Rank 84 2.08 World Rank
A landlocked nation of Mongolia is located in East Asia and it borders Russia and China. Though it does not share borders with Kazakhstan, they are only 37 kilometers between them. With the land area of over 1.564 million square kilometers, it is the 18th largest sovereign state in the world. However, because of only 3.3 million residents, it is at the same time one of the most sparsely populated ones. More about Mongolia The Bolivian Republic of Venezuela is a nation situated on the northern coast of South America. It consists of its mainland and several islands and islets that are located in the Caribbean Sea. With a land coverage of 916,000 square kilometers, it is one of the largest nations in size in Latin America. The capital city and its largest urban agglomeration is Caracas. More about Venezuela

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Mongolia Venezuela
Position in the ranking of countries 114 (2023) 27 (2014)
GDP [US$] 20,325,121,393 482,359,318,767
Percentage of the other 4.2 % 2373.2 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

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(United States of America (USA))

Mongolia Venezuela
Position in the ranking of countries 120 (2023) 27 (2014)
GNI [US$] 18,096,012,116 476,933,862,544
Percentage of the other 3.8 % 2635.6 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Mongolia Venezuela
Position in the ranking of countries 48 (2023) 165 (2014)
External balance [US$] 1,961,371,705 -70,922,056,745
Percentage of the other -2.8 % -3615.9 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

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(Eswatini)

Mongolia Venezuela
Position in the ranking of countries 48 (2023) 165 (2014)
Unemployment [%] 5.42 5.48
Percentage of the other 98.9 % 101.1 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Mongolia Venezuela
Position in the ranking of countries 127 (2023) 51 (2023)
Population 3,481,145 28,300,854
Percentage of the other 12.3 % 813 %

Population growth (annual %)

Density

Gender

Demography