Ilo national vs modeled data, annual growth rate in Mongolia

Mongolia: Ilo national vs modeled data, annual growth rate was 12.24 % change on previous year in 2024. ◆ Volatile

Latest (2024)
12.24 % change on previous year
Change on year
up 193.9%
World rank
24th
of 140 countries
All-time high
118.63 % change on previous year
in 2006
All-time low
-46.66 % change on previous year
in 2004
Years of data
31
1994–2024

Ilo national vs modeled data, annual growth rate in Mongolia, 1994–2024

-500501001994200920241994: 4.5 % change on previous year1995: -38.2 % change on previous year1996: 21 % change on previous year1997: 14.5 % change on previous year1998: -22.7 % change on previous year1999: -21.5 % change on previous year2000: -2.3 % change on previous year2001: 1.6 % change on previous year2002: 34.1 % change on previous year2003: 9.2 % change on previous year2004: -46.7 % change on previous year2005: -8.9 % change on previous year2006: 118.6 % change on previous year2007: 0 % change on previous year2008: -22.6 % change on previous year2009: 5.3 % change on previous year2010: 11.8 % change on previous year2011: -27.2 % change on previous year2012: -18.1 % change on previous year2013: 8.3 % change on previous year2014: 13.4 % change on previous year2015: 1.3 % change on previous year2016: 48.8 % change on previous year2017: -12.1 % change on previous year2018: -15.4 % change on previous year2019: 67.8 % change on previous year2020: -28.9 % change on previous year2021: 22.7 % change on previous year2022: -24.4 % change on previous year2023: -13 % change on previous year2024: 12.2 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Mongolia recorded 12.24 % change on previous year for ilo national vs modeled data, annual growth rate in 2024.

That represents a change of up 193.9% on the previous year and down 8.6% over ten years.

Over the whole period, ilo national vs modeled data, annual growth rate in Mongolia peaked at 118.63 % change on previous year in 2006 and was at its lowest, -46.66 % change on previous year, in 2004.

Mongolia ranks 24th of 140 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Ilo national vs modeled data, annual growth rate in Mongolia, year by year

Annual values for Ilo national vs modeled data, annual growth rate in Mongolia, 1994 to 2024.
Year % change on previous year Change
1994 4.5 % change on previous year —
1995 -38.16 % change on previous year -948.9%
1996 21.01 % change on previous year -155.1%
1997 14.46 % change on previous year -31.2%
1998 -22.73 % change on previous year -257.2%
1999 -21.54 % change on previous year -5.3%
2000 -2.34 % change on previous year -89.1%
2001 1.58 % change on previous year -167.6%
2002 34.11 % change on previous year +2056.2%
2003 9.16 % change on previous year -73.1%
2004 -46.66 % change on previous year -609.3%
2005 -8.86 % change on previous year -81.0%
2006 118.63 % change on previous year -1438.3%
2007 0 % change on previous year -100.0%
2008 -22.63 % change on previous year —
2009 5.3 % change on previous year -123.4%
2010 11.76 % change on previous year +121.8%
2011 -27.18 % change on previous year -331.2%
2012 -18.12 % change on previous year -33.3%
2013 8.35 % change on previous year -146.1%
2014 13.4 % change on previous year +60.5%
2015 1.31 % change on previous year -90.2%
2016 48.84 % change on previous year +3619.4%
2017 -12.11 % change on previous year -124.8%
2018 -15.44 % change on previous year +27.5%
2019 67.83 % change on previous year -539.2%
2020 -28.93 % change on previous year -142.7%
2021 22.74 % change on previous year -178.6%
2022 -24.36 % change on previous year -207.1%
2023 -13.03 % change on previous year -46.5%
2024 12.24 % change on previous year -193.9%

Mongolia compared with similar countries

  • Mongolia's 12.24 % change on previous year is above the median for upper middle income countries, which is -6.06 % change on previous year. (44 countries reporting)
  • Mongolia's 12.24 % change on previous year is above the median for East Asia & Pacific, which is -0.7713 % change on previous year. (20 countries reporting)

Biggest year-on-year movements

Years where Ilo national vs modeled data, annual growth rate in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2016 +3619.4% 1.31 % change on previous year 48.84 % change on previous year
2002 +2056.2% 1.58 % change on previous year 34.11 % change on previous year
2006 +1438.3% -8.86 % change on previous year 118.63 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s -7.08 % change on previous year -38.16 % change on previous year 21.01 % change on previous year 6
2000s 8.83 % change on previous year -46.66 % change on previous year 118.63 % change on previous year 10
2010s 7.86 % change on previous year -27.18 % change on previous year 67.83 % change on previous year 10
2020s -6.27 % change on previous year -28.93 % change on previous year 22.74 % change on previous year 5

Countries ranked near Mongolia

  1. 21 Nigeria 12.36 % change on previous year compare
  2. 22 Romania 12.34 % change on previous year compare
  3. 23 United Kingdom 12.27 % change on previous year compare
  4. 25 Switzerland 11.47 % change on previous year compare
  5. 26 Kuwait 11.15 % change on previous year compare
  6. 27 New Zealand 10.43 % change on previous year compare

See the full ranking of 140 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is ilo national vs modeled data, annual growth rate in Mongolia?
Ilo national vs modeled data, annual growth rate in Mongolia was 12.24 % change on previous year in 2024, according to Statizoid (derived).
What is the highest ilo national vs modeled data, annual growth rate recorded in Mongolia?
The highest recorded value was 118.63 % change on previous year in 2006.
What is the lowest ilo national vs modeled data, annual growth rate recorded in Mongolia?
The lowest recorded value was -46.66 % change on previous year in 2004.
How does Mongolia rank for ilo national vs modeled data, annual growth rate?
Mongolia ranks 24th out of 140 countries with data for 2024.
Is ilo national vs modeled data, annual growth rate rising or falling in Mongolia?
Over the last ten years it is down 8.6%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Statizoid (derived), published as part of Ilo national vs modeled data, annual growth rate. Statizoid updates them automatically from the source API.

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Ilo national vs modeled data, annual growth rate in Mongolia. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/ilo-national-vs-modeled-data-annual-growth-rate/mongolia/

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How this figure is calculated

The year-on-year percentage change in Ilo national vs modeled data. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Ilo national vs modeled data, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
140 places, 4,358 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Ilo national vs modeled data. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.