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Mongolia - Gross domestic product in constant prices growth rate

6.2 (%) in 2018

Real GDP growth of Mongolia rocketed by 22.22% from 5.1 % in 2017 to 6.2 % in 2018. Since the 50.92% drop in 2016, real GDP growth shot up by 430.82% in 2018.

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What is real GDP growth?

Annual percentage growth rate of GDP at market prices based on constant local currency. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

What is Mongolia real GDP growth?

Date Value Change, %
2018 6.2 22.22%
2017 5.1 334.33%
2016 1.2 -50.92%
2015 2.4 -69.82%
2014 7.9 -32.31%
2013 11.6 -5.45%
2012 12.3 -28.75%
2011 17.3 136.44%
2010 7.3 -453.46%
2009 -2.1 -126.46%
2008 7.8 -10.71%
2007 8.8

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