Asia
Overview
Demography
Capital: Ulaanbaatar
Currency: Mongolian togrog (MNT)
Population: 3.52M
Population density: 2.23/km2
Conventions
Numbering system
Arabic numerals with dot as decimal separator
Date format: yyyy.mm.dd
Time: 24h time system
Country code: 00976
Economy
GDP: 25.37 billion USD (2025)
GDP per capita: 7,079.32 USD (2025)
Exports: 15 billion USD (2024)
Imports: 8 billion USD (2024)
T-index
0.013%
T-Index ranks countries according to their potential for online sales.
Statistics
Internet users: 83.0% penetration, 2.93 million
Unemployment rate: 5.30% (2025)
Urbanisation: 70.96% (2024)
Global Innovation Index: 78th out of 139 countries worldwide
Language data sources: Worlddata / EF; Demography data sources: World Bank / Worlddata / IBAN; Economy data sources: IMF / World Bank / OEC / T-index; Statistics data sources: IMF / DataReportal / World Bank / WIPO
If you need other information, below you can find a selection of economic/social/cultural data
Economy
GDP
$25.37 billion (2025)
Trade – Economic Complexity Index
Ranked 119th out of 130 countries
The Economic Complexity Index (ECI) measures the sophistication and diversity of a country’s exports.
Product Imports
$8 billion (2024)
Service Imports
$4.92 billion (2024)
Market Growth Imports
17.50% of annual growth
Financial inclusion factors (over 15 years of age)
• 98.2% have an account with a financial institution
• 5.5% have a credit card
• 85.7% make digital payment
GDP Growth (annual %)
6.80%
GDP per Capita
$7,079.32 (2025)
Product Exports
$15 billion (2024)
Service Exports
$1.60 billion (2024)
Market Growth Exports
0.75% of annual growth
Main online stores
Unegui.mn, Amazon.com, Shoppy.mn, Taobao, eBay, AliExpress, HiBox.mn, Etsy, Zarmedee.mn, Myzar
Global Startup Ecosystem Index
Mongolia ranked 86th out of 100 countries, 31.6% of annual ecosystem growth.
The Global Startup Ecosystem Index ranks countries by the strength of their startup ecosystems. It evaluates factors such as startup activity, ecosystem quality, and the business environment.
Economy data sources: IMF / World Bank / OEC / T-index / Joy of Creating / BrandNav
Trade balance of goods from 2014 to 2024
Source: Statista
Foreign direct investment, net inflows (% of GDP)
Source: WorldBank
T-index
Reach most of the online purchasing power
T-Index ranks countries according to their potential for online sales. It estimates the market share of each country in relation to global e-commerce.
Try it nowMedia
Media language Mongolian
The press
Өдрийн Сонин (Daily News), Өнөөдөр (Unuudur), Зууны Мэдээ (Zuunii Medee), Монголын Үнэн, Ардын Эрх, Өглөөний Сонин, News.mn, Ikon.mn, Gogo.mn, Montsame News, Eagle.mn, 24tsag.mn
Television
Mongolian National Broadcaster (MNB), MNB World, Mongol TV, Eagle TV, TV9 Mongolia, TV8
News Agency
Montsame, News.mn, Ikon.mn, Gogo News, Shuud News, Medee News
Magazines
Mongolian Economy, Business Times Mongolia, Unread Today, Lhamour Magazine, Mongolia Mining Journal, Mongolia Today
Radio
Mongolian National Radio, UB Radio 102.5, Eagle Radio 91.1, MGL Radio, Family Radio 104.5, Shineleg Radio
Media data source: GlobalMediaList
Internet Data
Internet users
83.0% penetration, 2.93 million
Share of web traffic by device
51.13% mobile phones, 47.90% laptop and desktop computers, 0.95% tablet devices and 0.01% other devices
Median speed of fixed Internet connection
78.95 Mbps (Download)
46.45 Mbps (Upload)
Mobile connection as a percentage of total population: 141%
Most popular web search engines
Google (92.36%), Bing (5.12%), Yandex (0.86%), Yahoo! (0.56%), Baidu (0.38%), Naver (0.30%), DuckDuckGo (0.20%), Others (0.22%)
Share of AI web traffic referrals
ChatGPT (95.60%), Microsoft Copilot (2.35%), Perplexity (1.17%), Google Gemini (0.73%), DeepSeek (0.15%), Others (0%)
Most used social media
Facebook (46.62%), X (16.11%), Pinterest (14.16%), YouTube (11.87%), Instagram (5.73%), Reddit (4.82%)
Percentage of mobile connections that are broadband (3G-5G): 92.0%
Internet data sources: DataReportal / Statcounter
Social statistics
Life expectancy
72.12 yrs (2023)
Current health expenditure
8.85% of GDP
Current education expenditure
91.11% of total expenditure in public institutions
CO2 emissions
8.21 metric tons per capita
Corruption Perceptions Index
Mongolia scored 31 out of 100, ranking 124th out of 182 countries.
The Corruption Perceptions Index (CPI) ranks countries by perceived levels of public sector corruption. It is based on expert assessments and business surveys, with higher scores indicating lower perceived corruption.
Religion
Buddhist (51.7%), None (40.6%), Muslim (3.2%), Shamanist (2.5%), Christian (1.3%), Other (0.7%)
Ethnicity
Khalkh (83.8%), Kazak (3.8%), Durvud (2.6%), Other (2.1%), Bayad (2%), Buriad (1.4%), Zakhchin (1.2%), Dariganga (1.1%), Uriankhai (1%)
World Happiness Index
Mongolia ranked 75th out of 147 countries, with a score of 5.936.
The World Happiness Index ranks countries by people’s self-reported life satisfaction. It also considers factors like income, health, social support, freedom, and trust.
Social statistics sources: World Bank / Transparency International / Worldometer / World Population Review / World Happiness Report
Research & Development
R&D Expenditure
0.08% of GDP
World Competitiveness Ranking
Mongolia ranked 67th out of 70 countries, with a score of 39.02
The World Competitiveness Ranking measures how well countries create an environment that supports business performance and long-term prosperity. It evaluates factors such as economic performance, government efficiency, business efficiency, and infrastructure.
World Digital Competitiveness Ranking
Mongolia ranked 67th out of 69 countries, with a score of 39.91
The World Digital Competitiveness Ranking measures how well countries adopt and develop digital technologies to drive economic transformation. It assesses factors such as knowledge, technology, and future readiness.
Technology – Economic Complexity Index
Ranked 94th out of 97 countries
Research – Economic Complexity Index
Ranked 115th out of 138 countries
The Economic Complexity Index (ECI) measures the sophistication and diversity of a country’s exports.
Global Innovation Index
Ranked 13th out of 17 South East Asian and Oceanian countries, and 78th out of 139 countries worldwide
The Global Innovation Index captures the innovation ecosystem performance of economies and tracks the most recent global innovation trends.
Research & Development sources: World Bank / OEC / WIPO / IMD