Gross domestic product in constant LCU prices of 2015

28,455,132,384,906 (LCU) in 2022

In 2022, real GDP for Mongolia was 28,455,132 million LCU. Real GDP of Mongolia increased from 3,056,756 million LCU in 1973 to 28,455,132 million LCU in 2022 growing at an average annual rate of 4.77%.

The description is composed by our digital data assistant.

Expenditure-based gross domestic product is total final expenditure at purchasers’ prices (including final consumption expenditure, gross fixed capital formation, changes in inventories, valuables and f.o.b. value of exports of goods and services), less the f.o.b. value of imports of goods and services.

Date Value Change, %
2022 28,455,132,384,906 5.03%
2021 27,091,686,435,914 1.64%
2020 26,655,398,947,769 -4.56%
2019 27,928,301,697,190 5.60%
2018 26,446,693,347,575 7.74%
2017 24,545,661,190,889 5.64%
2016 23,235,883,178,691 1.49%
2015 22,894,800,000,000 1.25%
2014 22,612,154,383,996 7.88%
2013 20,959,521,518,084 11.65%
2012 18,772,681,045,562 12.32%
2011 16,713,636,299,578