Source
Central bank

Bank of Mongolia

International Reserves

US$ 2.448 billion (Source: IMF; Data updated: 2012)

Source
Gross Domestic Product - GDP

US$ 10.92 billion (2010 estimate)

GDP (Purchasing Power Parity)

15.746 billion of International dollars (2010 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
0.2% 4.7% 7% 10.6% 7.3% 8.6% 10.2% 8.9%
2009 2010 2011 2012*        
-1.3% 6.4% 17.3% 17.2%        

*Estimate

GDP per capita - current prices

US$ 3,848 (2009 estimate)

GDP per capita - PPP

$5,548 International Dollars (2009 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.01% 0.02% 0.01% 0.02% 0.02%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 18.1% 
  • industry: 36.2% 
  • services: 45.7% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
6.3%(2008) 10.2% 9.5% 13.6%

*Estimate

Unemployment rate
2009 2010 2011 2012*
3.3% 3.3% 3%(2009) 3%

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
N/A N/A N/A N/A N/A

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-4.5% -5% 1.2% -3.6% -7.3%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: BB-

Moody's rating: B1

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$430.2 million US$1.093 billion US$1.579 billion
Largest companies in Mongolia

N/A

 
 
Source
Current account balance

US$ -2.7 billion (2010 estimate)(After 2008)

Current account balance by percentage of GDP

-24.4% of GDP (2010 estimate)(2009)

Exports as percent of GDP(Exports of goods and services)

54.7% (2010)

(Data released on April 2012)

Shares in world total merchandising export

0.03%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export

0.01% (2011)(2007)

(Data were released in 2012)

Total exports

US$4.385 billion (2011 estimate) 

Export commodities

copper, apparel, livestock, animal products, cashmere, wool, hides, fluorspar, other nonferrous metals, coal, crude oil

Total imports

US$6.739 billion (2012 estimate) 

 
 
Source
Import commodities

machinery and equipment, fuel, cars, food products, industrial consumer goods, chemicals, building materials, cigarettes and tobacco, appliances, soap and detergent

Exports - major partners

China 92.1%, Russia 2%, Canada 1.9% (2011 estimate)

Imports - major partners

China 30.7%, Russia 24.5%, US 8.1%, Japan 7.4%, South Korea 5.5% (2011 estimate)

FDI inflows
2009 2010 2011
US$624 million US$1,691 million(2009) US$4,715 million(2009)
FDI outflows
2009 2010 2011  
US$54 million US$62 million US$94 million  
Value of cross-border M&A;, by country of purchaser
2008 2009 2010 2011
US$106 million US$-24 million(2009) N/A(2009) N/A
Cross-border M&A; deals worth over $3 billion completed in 2010(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 76 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 39 out of 185 countries(2009)

Enforcing Contracts: 29 out of 185 countries

Registering Property: 22 out of 185 countries

Getting credit: 53 out of 185 countries

Protecting investors: 25 out of 185 countries

Trading across border: 175 out of 185 countries

Paying Taxes: 70 out of 185 countries

Dealing with Construction Permits: 121 out of 185 countries

Getting Electricity: 169 out of 185 countries

Resolving Insolvency: 127 out of 185 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

93

(2012)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 81 Score: 61.5 (Moderately Free) (2009)

(100=totally free 0=totally repressed )

 
 
Source
Total area

1,564,100 km2 (2006)

Capital

Ulaanbaatar (2009)

Currency

togrog/tugriks (MNT) (2009)

Government type

parliamentary (2009)

Languages

Khalkha Mongol 90%, Turkic, Russian (1999)

Religions

Buddhist Lamaist 50%, Shamanist and Christian 6%, Muslim 4%, none 40% (2004)

Total population
1980 1990 2000 2012* 2017**
N/A 2.07 million 2.39 million 2.83 million 3.05 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
35.7% 52.1% 56.6% 68.5%
Population median age

25 years (2010)

Population growth rate

1.6% (2011)

Life expectancy

68 years (2010)

Adult literacy

97% (2005/2010)

% of population living on less than $2 a day

49.05% (2011)

Inequality of wealth distribution (Gini index)

36.52 (2008)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:2
Civil Liberties:2 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

111.78% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

20% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

Source
CO2 emissions(Metric tons of CO2 per capita)

5.3484 (Data were released in 2012 and refer to 2009)

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