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CompareEconomy.com Comparison of world economies

Mongolia

World Rank 112 1.9 Mongolia flag svg
Capital
Area
Currency
Ulaanbaatar
1,564,110 km 2
Tögrög (MNT)

Table of Contents

Introduction

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.

The economy of Mongolia is rather average for this region. With a total value of $47 billion, there is approximately $14,270 on average per citizen.

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

  • Last
  • Historical chart
#118 (2021)
15,286,441,818 US$

List of countries by GDP

(United States of America (USA))

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

International trade (Export, Import)

External balance on goods and services

  • Last
  • Historical chart
#75 (2021)
-305,782,419 US$

List of countries by external balance on goods and services

(China)

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)

  • Last
  • Historical chart
#62 (2021)
7.75 %

List of countries by unemployment

(South Africa)

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)