* indicates monthly or quarterly data series

Economic growth, percent change in quarterly real GDP in Mongolia, September, 2020: The latest data from Q3 2020 show economic growth of -7.28 percent, which is an increase from the rate of growth of -9.74 percent in the previous quarter and a decrease compared to the growth rate of 6.91 percent in the same quarter last year. The economic growth time series for Mongolia cover the period from Q1 2001 to Q3 2020. During that time span, the average growth rate for Mongolia was 6.94 percent. The lowest rate of growth of -10.68 percent was recorded in Q1 2020 while the highest growth rate was 20.6 percent in Q3 2011. See more information about that indicator and compare to other countries on our Economic growth page.
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Measure: percent
Source: National Statistics Office of Mongolia

Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.
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