Mongolia GDP Growth Rate YoY www.tradingeconomics.com
Mongolia GDP Growth Rate YoY 1991-2017 | Data | Chart | Calendar
The Gross Domestic Product (GDP) in Mongolia expanded 4.2 percent in the first quarter of 2017 over the same quarter last year. GDP Growth Rate in Mongolia averaged 5.42 percent from 1991 until 2017, reaching an all time high of 17.50 percent in the fourth quarter of 2011 and a record low of -9.30 percent in the fourth quarter of 1992.
Mongolia is a transition economy in Central Asia. Despite economic reforms and strong GDP growth in the last few years, 30% of the population still lives below the poverty line. Mongolia's economy is centered on mining and livestock agriculture. The nation is rich in mineral resources with copper, coal, molybdenum, tin, tungsten, and gold being the most important. Mongolia is the world's biggest producer of cashmere. This page provides - Mongolia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia GDP Growth Rate YoY - actual data, historical chart and calendar of releases - was last updated on July of 2017.
||1991 - 2017