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Mongolia Real GDPMongolia Real GDPMongolia Real GDP

Mongolia Real GDP

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MNGDPCP chart



Key data points


Last release
—
Observation period
Q2 2025
Next release
—
Forecast
—
Highest
‪9.23 T‬ MNT on Dec 31, 2024
Lowest
‪4.19 T‬ MNT on Mar 31, 2015

About Mongolia Real GDP


Category
GDP
Source
National Statistical Office
Frequency
Quarterly
Units
MNT

Mongolia in figures — see more economic indicators tied to MNGDPCP.
GDP
MNGDP
GDP From Agriculture
MNGDPA
GDP From Construction
MNGDPC
Real GDP
MNGDPCP
GDP From Manufacturing
MNGDPMAN
GDP From Mining
MNGDPMIN
GDP Per Capita
MNGDPPC
GDP Per Capita PPP
MNGDPPCP
GDP From Services
MNGDPS
GDP From Transport
MNGDPT
GDP From Utilities
MNGDPU
GDP Growth
MNGDPYY
Gross Fixed Capital Formation
MNGFCF
Gross National Product
MNGNP

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Mongolia Real GDP was 9.01 T MNT, and the quarter before it reached 6.24 T MNT.