Mongolia - GDP per capita (current US$) 1981 - 2022
Mongolia's gdp per capita (current us$) is currently $4,946.75 USD (United States dollar) according to the most recent World Bank data for the country (2022).
Definition
GDP per capita is determined by dividing the gross domestic product by the population at midyear. GDP represents the total value generated by resident producers within the economy, inclusive of product taxes and excluding subsidies not factored into product value. This calculation does not consider deductions for asset depreciation, depletion, or degradation of natural resources. The data is presented in current U.S. dollars.- Mongolia's gdp per capita (current us$) for 2022 was $4,946.75, a 8.34% increase from 2021, with a +$380 difference.
- In 2021 it was $4,566.14, a 12.99% increase from 2020, with a +$524 difference.
- In 2020 it was $4,041.17, a -8.05% increase from 2019.
- In 2019 it was $4,394.95, a 5.52% increase from 2018.
- In 2018 it was $4,165.02, a 12.32% increase from 2017.
Measure: Estimated Value
Average, Lowest, and Highest Recorded Values
The average gdp per capita (current us$), value for Mongolia is currently $1,965.84 (average of years with recorded data) with a lowest recorded value of $338.46 in 1993 and a highest value of $4,946.75 in 2022.For comparison, the world wide [World Bank] aggregate for 1993 was $4,662.17 and in 2022 it was $12,647.48. Essentially, in 1993, Mongolia contributed 7.26% to the world wide aggregate. While in 2022 it contributed 39.11% to the aggregate, recording a 438.73% increase in amounts contributed within the 29-year period. Nonetheless, the country recorded a 1,361.56% increase in gdp per capita (current us$) within the same period.
Mongolia's GDP per capita (current US$) - Historical Data
| Year | GDP per capita (current US$) | Average Growth Rate (%) |
|---|---|---|
| 1981 | $1,328.24 | |
| 1982 | $1,432.49 | 7.85% |
| 1983 | $1,492.92 | 4.22% |
| 1984 | $1,121.33 | -24.89% |
| 1985 | $1,138.96 | 1.57% |
| 1986 | $1,470.21 | 29.08% |
| 1987 | $1,494.24 | 1.63% |
| 1988 | $1,545.23 | 3.41% |
| 1989 | $1,686.59 | 9.15% |
| 1990 | $1,184.76 | -29.75% |
| 1991 | $1,081.33 | -8.73% |
| 1992 | $589.14 | -45.52% |
| 1993 | $338.46 | -42.55% |
| 1994 | $402.27 | 18.85% |
| 1995 | $623.16 | 54.91% |
| 1996 | $570.94 | -8.38% |
| 1997 | $495.82 | -13.16% |
| 1998 | $467.51 | -5.71% |
| 1999 | $435.42 | -6.87% |
| 2000 | $463.85 | 6.53% |
| 2001 | $512.82 | 10.56% |
| 2002 | $559.83 | 9.17% |
| 2003 | $633.95 | 13.24% |
| 2004 | $784.91 | 23.81% |
| 2005 | $986.02 | 25.62% |
| 2006 | $1,322.64 | 34.14% |
| 2007 | $1,625.32 | 22.88% |
| 2008 | $2,134.95 | 31.36% |
| 2009 | $1,718.91 | -19.49% |
| 2010 | $2,660.29 | 54.77% |
| 2011 | $3,793.74 | 42.61% |
| 2012 | $4,402.30 | 16.04% |
| 2013 | $4,422.30 | 0.45% |
| 2014 | $4,211.94 | -4.76% |
| 2015 | $3,919.35 | -6.95% |
| 2016 | $3,690.76 | -5.83% |
| 2017 | $3,708.25 | 0.47% |
| 2018 | $4,165.02 | 12.32% |
| 2019 | $4,394.95 | 5.52% |
| 2020 | $4,041.17 | -8.05% |
| 2021 | $4,566.14 | 12.99% |
| 2022 | $4,946.75 | 8.34% |
Expand
Comparison with Countries in the East Asia & Pacific Region.
Among countries in the same World Bank East Asia & Pacific (EAP) region, Mongolia comes in 22nd with $4,946.75 gdp per capita (current us$).
- Within the same region, Northern Mariana Islands comes in 12th with $17,302.90, gdp per capita (current us$).
- American Samoa comes in 13th with $15,743.30.
- China comes in 14th with $12,720.20.
- Palau comes in 15th with $12,083.90.
- Malaysia comes in 16th with $11,971.90.
- Nauru comes in 17th with $11,913.70.
- Thailand comes in 18th with $6,908.80.
- Marshall Islands comes in 19th with $6,727.80.
- Tuvalu comes in 20th with $5,334.99.
- Fiji comes in 21st with $5,316.66.
- Indonesia comes in 23rd with $4,788.00.
- Tonga comes in 24th with $4,425.97.
- Vietnam comes in 25th with $4,163.51.
- Samoa comes in 26th with $3,743.21.
- Micronesia, Fed. Sts. comes in 27th with $3,741.06.
- Philippines comes in 28th with $3,498.51.
- Papua New Guinea comes in 29th with $3,020.27.
- Vanuatu comes in 30th with $3,010.29.
- Timor-Leste comes in 31st with $2,358.41.
- And Solomon Islands comes in 32nd with $2,203.19, gdp per capita (current us$).
GDP per capita (current US$), Top 10 Countries in the East Asia & Pacific Region.
Top 10 Countries in the East Asia & Pacific Region.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Singapore | $82,807.60 | 2022 |
| 2 | Australia | $64,491.40 | 2022 |
| 3 | Hong Kong SAR, China | $48,983.60 | 2022 |
| 4 | New Zealand | $48,249.30 | 2022 |
| 5 | Brunei Darussalam | $37,152.50 | 2022 |
| 6 | New Caledonia | $36,668.40 | 2021 |
| 7 | Guam | $35,904.90 | 2021 |
| 8 | Japan | $33,815.30 | 2022 |
| 9 | Korea, Rep. | $32,254.60 | 2022 |
| 10 | Macao SAR, China | $31,617.50 | 2022 |
Comparison with Countries in the Lower middle income Group.
Among countries in the same World Bank Lower middle income (LMI) group, Mongolia comes in 1st with $4,946.75 gdp per capita (current us$).
- Within the same income group, Ukraine comes in 2nd with $4,533.98, gdp per capita (current us$).
- Iran, Islamic Rep. comes in 3rd with $4,387.83.
- Egypt, Arab Rep. comes in 4th with $4,295.41.
- Algeria comes in 5th with $4,273.92.
- Jordan comes in 6th with $4,204.51.
- Vietnam comes in 7th with $4,163.51.
- Lebanon comes in 8th with $4,136.15.
- Eswatini comes in 9th with $4,039.52.
- Cabo Verde comes in 10th with $3,902.59.
- And Tunisia comes in 11th with $3,776.67, gdp per capita (current us$).
GDP per capita (current US$), Top 14 Countries in the Lower middle income Group.
Top 14 Countries in the Lower middle income Group.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Mongolia | $4,946.75 | 2022 |
| 2 | Ukraine | $4,533.98 | 2022 |
| 3 | Iran, Islamic Rep. | $4,387.83 | 2022 |
| 4 | Egypt, Arab Rep. | $4,295.41 | 2022 |
| 5 | Algeria | $4,273.92 | 2022 |
| 6 | Jordan | $4,204.51 | 2022 |
| 7 | Vietnam | $4,163.51 | 2022 |
| 8 | Lebanon | $4,136.15 | 2021 |
| 9 | Eswatini | $4,039.52 | 2022 |
| 10 | Cabo Verde | $3,902.59 | 2022 |
| 11 | Tunisia | $3,776.67 | 2022 |
| 12 | Samoa | $3,743.21 | 2022 |
| 13 | Micronesia, Fed. Sts. | $3,741.06 | 2022 |
| 14 | Morocco | $3,527.94 | 2022 |