Growth rate of real gdp per employed person in Mongolia
Mongolia: Growth rate of real gdp per employed person was 4.26 in 2024. ◆ Volatile
Latest (2024)
4.26
Change on year
down 25.0%
World rank
16th
of 186 countries
All-time high
11.5
in 2011
All-time low
-4.86
in 2020
Years of data
25
2000–2024
Growth rate of real gdp per employed person in Mongolia, 2000–2024
Source: Our World in Data.
Analysis
The most recent figure for growth rate of real gdp per employed person in Mongolia is 4.26, measured in 2024.
The figure is down 25.0% on the previous year and down 36.5% over ten years.
Over the whole period, growth rate of real gdp per employed person in Mongolia peaked at 11.5 in 2011 and was at its lowest, -4.86, in 2020.
That places Mongolia 16th out of 186 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Growth rate of real gdp per employed person in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -1.41 | — |
| 2001 | 0.33 | -123.4% |
| 2002 | 2.22 | +572.7% |
| 2003 | 5.27 | +137.4% |
| 2004 | 8.45 | +60.3% |
| 2005 | 5.4 | -36.1% |
| 2006 | 6.89 | +27.6% |
| 2007 | 8.51 | +23.5% |
| 2008 | 6.76 | -20.6% |
| 2009 | -2.73 | -140.4% |
| 2010 | 5.51 | -301.8% |
| 2011 | 11.5 | +108.7% |
| 2012 | 9.77 | -15.0% |
| 2013 | 10.59 | +8.4% |
| 2014 | 6.71 | -36.6% |
| 2015 | 1.06 | -84.2% |
| 2016 | 5.12 | +383.0% |
| 2017 | 2.24 | -56.2% |
| 2018 | 4.49 | +100.4% |
| 2019 | 1.32 | -70.6% |
| 2020 | -4.86 | -468.2% |
| 2021 | 4.62 | -195.1% |
| 2022 | -0.57 | -112.3% |
| 2023 | 5.68 | -1096.5% |
| 2024 | 4.26 | -25.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.97 | -2.73 | 8.51 | 10 |
| 2010s | 5.83 | 1.06 | 11.5 | 10 |
| 2020s | 1.83 | -4.86 | 5.68 | 5 |
Countries ranked near Mongolia
- 13 Belarus 4.48 compare
- 14 Uzbekistan 4.39 compare
- 15 Philippines 4.38 compare
- 17 Russian Federation 4.22 compare
- 18 Djibouti 4.19 compare
- 19 Saint Vincent and the Grenadines 4.03 compare
More work & labour data for Mongolia
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.1039 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.1076 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.0999 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.07 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.05 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 3,167 1000 No (2050)
- Population - Est. & Proj. — Rural population 908.11 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,756 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,763 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,519 1000 No (2100)
Frequently asked questions
- What is growth rate of real gdp per employed person in Mongolia?
- Growth rate of real gdp per employed person in Mongolia was 4.26 in 2024, according to Our World in Data.
- What is the highest growth rate of real gdp per employed person recorded in Mongolia?
- The highest recorded value was 11.5 in 2011.
- What is the lowest growth rate of real gdp per employed person recorded in Mongolia?
- The lowest recorded value was -4.86 in 2020.
- How does Mongolia rank for growth rate of real gdp per employed person?
- Mongolia ranks 16th out of 186 countries with data for 2024.
- Is growth rate of real gdp per employed person rising or falling in Mongolia?
- Over the last ten years it is down 36.5%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Our World in Data, published as part of Growth rate of real gdp per employed person. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).