The gross domestic product of Mongolia expanded by 5.6% in the second quarter of 2025, accelerating from a 2.4% growth in the previous three-month period.
This marked the strongest economic growth since the second quarter of last year, mainly driven by a strong performance in the agricultural sector (3.6% vs 1% in Q1).
Additionally, production rose for industry and construction sectors (1% vs 0.4%), primarily in construction.
On the other hand, output in services moderated (0.7% vs 1.2%), as wholesale and retail (-0.7% vs -0.6%) and transportation (-0.6% vs -1.2%) continued to decline, while other services slowed (1.4% vs 2.4%).
On a seasonally adjusted quarterly basis, the country’s economy grew by 1.6% in Q2, following a 0.4% expansion in the preceding period.

Published Date:2025-08-19