Industrial Production, constant US$ in Mongolia

Mongolia: Industrial Production, constant US$ was 7.35 billion in 2025. ◆ Volatile

Latest (2025)
7.35 billion
Change on year
down 33.4%
World rank
69th
of 89 countries
All-time high
11.03 billion
in 2024
All-time low
1.61 billion
in 2009
Years of data
19
2007–2025

Industrial Production, constant US$ in Mongolia, 2007–2025

2.0B4.0B6.0B8.0B10.0B12.0B2007201620252007: 1.6B2008: 1.6B2009: 1.6B2010: 3.6B2011: 2.2B2012: 2.5B2013: 2.7B2014: 2.7B2015: 3.3B2016: 4.3B2017: 5.1B2018: 5.7B2019: 6.8B2020: 4.6B2021: 6.0B2022: 6.1B2023: 10.9B2024: 11.0B2025: 7.3B

Source: World Bank staff calculations based on Datastream data.

Analysis

The most recent figure for industrial production, constant us$ in Mongolia is 7.35 billion, measured in 2025.

That represents a change of down 33.4% on the previous year and up 123.6% over ten years.

Over the whole period, industrial production, constant us$ in Mongolia peaked at 11.03 billion in 2024 and was at its lowest, 1.61 billion, in 2009.

Mongolia ranks 69th of 89 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.63 billion 1.61 billion 1.65 billion 3
2010s 3.89 billion 2.23 billion 6.80 billion 10
2020s 7.66 billion 4.61 billion 11.03 billion 6

Countries ranked near Mongolia

  1. 66 Uganda 11.24 billion compare
  2. 67 Estonia 9.02 billion compare
  3. 68 Latvia 7.84 billion compare
  4. 70 Iceland 7.22 billion compare
  5. 71 Honduras 6.40 billion compare
  6. 72 Jordan 6.34 billion compare

See the full ranking of 99 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is industrial production, constant us$ in Mongolia?
Industrial production, constant us$ in Mongolia was 7.35 billion in 2025, according to World Bank staff calculations based on Datastream data.
What is the highest industrial production, constant us$ recorded in Mongolia?
The highest recorded value was 11.03 billion in 2024.
What is the lowest industrial production, constant us$ recorded in Mongolia?
The lowest recorded value was 1.61 billion in 2009.
How does Mongolia rank for industrial production, constant us$?
Mongolia ranks 69th out of 89 countries with data for 2025.
Is industrial production, constant us$ rising or falling in Mongolia?
Over the last ten years it is up 123.6%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from World Bank staff calculations based on Datastream data, published as part of Industrial Production, constant US$. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Industrial Production, constant US$
Source
World Bank staff calculations based on Datastream data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
99 places, 2,662 data points, 1991–2025
Last refreshed

An economic indicator that measures changes in output for the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Data is in constant US$, and not seasonally adjusted. The base year is 2005.