Mongolia | Economic Forecasts | 2017-2020 Outlook www.tradingeconomics.com

Mongolia | Economic Forecasts | 2017-2020 Outlook by www.tradingeconomics.com

This page has economic forecasts for Mongolia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Mongolia economy.

Overview	Actual	Q2/17	Q3/17	Q4/17	Q1/18	2020
GDP Growth Rate	1.00	0.5	0.7	1.2	2.31	5.9	percent	[+]
Unemployment Rate	9.10	11	10	10.2	8.9	8.7	percent	[+]
Inflation Rate	3.40	4.7	5.2	5.5	5.9	4	percent	[+]
Interest Rate	14.00	14	12	12	12	8	percent	[+]
Balance of Trade	258.20	207	207	206	205	205	USD Million	[+]
Government Debt to GDP	77.40	86	86	86	80.99	80	percent	[+]


MARKETS	Actual	Q2/17	Q3/17	Q4/17	Q1/18	2020
Stock Market	13062.42	12300	12200	11800	12000	9960	points	[+]
Currency	2404.00	2460	2480	2560	2530	2920		[+]

GDP	Actual	Q2/17	Q3/17	Q4/17	Q1/18	2020
GDP Growth Rate	1.00	0.5	0.7	1.2	2.31	5.9	percent	[+]
GDP Annual Growth Rate	4.20	-0.7	0.1	0.6	3.1	5.9	percent	[+]
GDP	11.74	12.16	12.04	11.92	12.02	12.83	USD Billion	[+]
Gross Fixed Capital Formation	1164399.90	364000	953205	1144945	877572	1450000	MNT Million	[+]
GDP per capita	3946.30	3998	3967	3936	3942	3983	USD	[+]
GDP per capita PPP	11477.83	11641	11555	11469	11496	11723	USD	[+]
Gross National Product	21048453.80	21908916	21819517	21730117	21761102	22368336	MNT Million	[+]
Gdp Constant Prices	4636233.50	3090000	4183303	469000	4183899	5310000	MNT Million	[+]
Gdp From Agriculture	444383.60	130000	520096	423000	519522	459000	MNT Million	[+]
Gdp From Construction	187095.40	45200	130031	183000	92689	210000	MNT Million	[+]
Gdp From Manufacturing	300016.10	140000	233846	234467	234343	308000	MNT Million	[+]
Gdp From Mining	1299563.40	893000	1084415	1540000	1083677	2490000	MNT Million	[+]
Gdp From Services	751999.30	825000	905573	718000	891711	828000	MNT Million	[+]
Gdp From Transport	487484.60	306033	304651	304525	304514	304513	MNT Million	[+]
Gdp From Utilities	92365.20	68289	68236	68234	68233	68233	MNT Million	[+]

LABOUR	Actual	Q2/17	Q3/17	Q4/17	Q1/18	2020
Unemployment Rate	9.10	11	10	10.2	8.9	8.7	percent	[+]
Unemployed Persons	115300.00	117569	113502	109972	113172	112799		[+]
Labor Force Participation Rate	59.50	59.97	60.57	60.26	59.93	60.16	percent	[+]
Population	3.12	3.14	3.15	3.15	3.17	3.3	Million	[+]
Retirement Age Men	60.00	60	60	60	60	60		[+]
Retirement Age Women	60.00	60	60	60	60	60		[+]
Employed Persons	1147000.00	1155472	1162238	1159950	1167689	1229386		[+]
Employment Rate	55.20	53.91	55.14	54.91	53.92	54.56	percent	[+]
Wages	942.90	974	969	997	990	1028	MNT Thousand/Month	[+]
Wages In Manufacturing	999.20	1032	1072	1092	1115	1390	MNT Thousand/Month	[+]

PRICES	Actual	Q2/17	Q3/17	Q4/17	Q1/18	2020
Inflation Rate	3.40	4.7	5.2	5.5	5.9	4	percent	[+]
Producer Prices	188.10	194	194	192	192	192	Index Points	[+]
Producer Prices Change	70.90	113	138	157	174	252	percent	[+]
Inflation Rate Mom	1.10	0.27	0.21	0.41	0.39	0.38	percent	[+]
Consumer Price Index Cpi	159.30	160	161	162	163	169	Index Points	[+]
Food Inflation	2.70	2.12	2.01	1.99	1.99	1.99	percent	[+]

MONEY	Actual	Q2/17	Q3/17	Q4/17	Q1/18	2020
Interest Rate	14.00	14	12	12	12	8	percent	[+]
Banks Balance Sheet	25150523.90	25430159	25599153	25745191	25865901	26352093	MNT Million	[+]
Deposit Interest Rate	13.30	13.46	13.5	13.55	13.53	13.45	percent	[+]
Money Supply M1	2083094.10	2139392	2073354	2132015	2071783	2127112	MNT Million	[+]
Money Supply M2	12189279.90	12511034	12764280	12988010	13184789	14272256	MNT Million	[+]
Interbank Rate	15.78	15.47	15.4	15.43	15.43	15.42	percent	[+]
Foreign Exchange Reserves	1109.20	1128	1123	1690	1122	2290	USD Million	[+]
Central Bank Balance Sheet	4896058.70	4886670	4885415	4887691	4888536	4888779	MNT Million	[+]

TRADE	Actual	Q2/17	Q3/17	Q4/17	Q1/18	2020
Balance of Trade	258.20	207	207	206	205	205	USD Million	[+]
Exports	474.60	468	465	465	465	465	USD Million	[+]
Imports	285.20	284	285	285	285	285	USD Million	[+]
Current Account	-25.10	3.76	-4.75	-2.83	-3.33	-3.24	USD Million	[+]
Current Account to GDP	-4.10	-5	0.25	-5	-0.71	-7.5	percent	[+]
Foreign Direct Investment	12980.40	12258	11932	11627	11341	9194	USD Million	[+]
Capital Flows	-28.90	17.99	13.5	22.86	20.01	19.87	USD Million	[+]
Gold Reserves	1.74	1.43	1.74	1.51	1.86	1.6	Tonnes	[+]
Remittances	5.80	8.83	8.23	8.21	8.29	8.29	USD Million	[+]
Crude Oil Production	23.00	22.99	22.99	22.99	22.99	22.99	BBL/D/1K	[+]
Terrorism Index	0.00	0	0	0	0	0		[+]

GOVERNMENT	Actual	Q2/17	Q3/17	Q4/17	Q1/18	2020
Government Debt to GDP	77.40	86	86	86	80.99	80	percent	[+]
Government Budget	-3.10	-3.37	-2.44	-1.51	-1.61	-2.77	percent of GDP	[+]
Government Revenues	1616090.00	3399436	3121145	2726667	2930913	2914128	MNT Million	[+]
Military Expenditure	103.00	111	112	113	114	116	USD Million	[+]
Government Spending	614316.40	600000	600171	624000	577618	703000	MNT Million	[+]
Government Budget Value	-255083.00	-567582	-795827	-906512	-783551	-791780	MNT Million	[+]
Fiscal Expenditure	1759237.40	4608489	4392704	3681441	3983552	3978341	MNT Million	[+]

BUSINESS	Actual	Q2/17	Q3/17	Q4/17	Q1/18	2020
Industrial Production	71.60	-4.8	45.38	-1.5	45.9	4.1	percent	[+]
Manufacturing Production	0.50	-6.9	12.76	-3.5	10.2	3.7	percent	[+]
Mining Production	118.70	2.3	57.32	5.8	54.29	12.4	percent	[+]
Industrial Production Mom	-0.20	2.8	1.65	0.5	0.3	1.1	percent	[+]
Ease of Doing Business	64.00	68	68	68	72	76		[+]
Electricity Production	453.10	324	282	273	277	288	Gigawatt-hour	[+]
Changes In Inventories	321874.90	315981	387198	315094	286583	304493	MNT Million	[+]
Competitiveness Index	3.84	3.85	3.85	3.85	3.76	3.79	Points	[+]
Competitiveness Rank	102.00	96	96	96	110	110		[+]
Corruption Index	38.00	37	37	37	36	33	Points	[+]
Corruption Rank	87.00	78	82	85	86	90		[+]

CONSUMER	Actual	Q2/17	Q3/17	Q4/17	Q1/18	2020
Consumer Spending	2167824.00	2036811	2100286	2110570	1966326	1967548	MNT Million	[+]

HOUSING	Actual	Q2/17	Q3/17	Q4/17	Q1/18	2020
Housing Index	1.01	1.02	1.02	1.03	1.03	1.04	Index Points	[+]

TAXES	Actual	Q2/17	Q3/17	Q4/17	Q1/18	2020
Personal Income Tax Rate	10.00	10	10	10	10	10	percent	[+]
Corporate Tax Rate	25.00	25	25	25	25	25	percent	[+]
Sales Tax Rate	10.00	10	10	10	10	10	percent	[+]
Social Security Rate	23.00	23	23	23	23	23	percent	[+]
Social Security Rate For Companies	13.00	13	13	13	13	13	percent	[+]
Social Security Rate For Employees	10.00	10	10	10	10	10	percent

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Mongolia | Economic Forecasts | 2017-2020 Outlook www.tradingeconomics.com

Mongolia | Economic Forecasts | 2017-2020 Outlook by www.tradingeconomics.com

This page has economic forecasts for Mongolia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Mongolia economy.

Events

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