Total natural resource rents in Mongolia

Mongolia: Total natural resource rents was 33.1% in 2021. ◆ Volatile

Latest (2021)
33.1%
Change on year
up 145.9%
World rank
8th
of 211 countries
All-time high
42.2%
in 2011
All-time low
3.3%
in 1999
Years of data
41
1981–2021

Total natural resource rents in Mongolia, 1981–2021

0102030401981200120211981: 6.8 % of GDP1982: 7.6 % of GDP1983: 4.9 % of GDP1984: 5.1 % of GDP1985: 6.8 % of GDP1986: 3.3 % of GDP1987: 3.5 % of GDP1988: 6.9 % of GDP1989: 7.2 % of GDP1990: 8.9 % of GDP1991: 5 % of GDP1992: 7.2 % of GDP1993: 8.4 % of GDP1994: 11.9 % of GDP1995: 12.7 % of GDP1996: 6.8 % of GDP1997: 8 % of GDP1998: 4 % of GDP1999: 3.3 % of GDP2000: 5.2 % of GDP2001: 5.7 % of GDP2002: 4.5 % of GDP2003: 4.6 % of GDP2004: 15 % of GDP2005: 16.8 % of GDP2006: 28.4 % of GDP2007: 27.5 % of GDP2008: 30.7 % of GDP2009: 23.7 % of GDP2010: 35.9 % of GDP2011: 42.2 % of GDP2012: 22.3 % of GDP2013: 18.7 % of GDP2014: 16.1 % of GDP2015: 9.9 % of GDP2016: 10.1 % of GDP2017: 17.1 % of GDP2018: 19.9 % of GDP2019: 14.8 % of GDP2020: 13.5 % of GDP2021: 33.1 % of GDP

Source: The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

Mongolia recorded 33.1% for total natural resource rents in 2021.

Compared with earlier readings it is up 145.9% on the previous year and down 21.5% over ten years.

Over the whole period, total natural resource rents in Mongolia peaked at 42.2% in 2011 and was at its lowest, 3.3%, in 1999.

That places Mongolia 8th out of 211 countries with data for 2021, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 5.8% 3.3% 7.6% 9
1990s 7.6% 3.3% 12.7% 10
2000s 16.2% 4.5% 30.7% 10
2010s 20.7% 9.9% 42.2% 10
2020s 23.3% 13.5% 33.1% 2

Countries ranked near Mongolia

  1. 5 Zambia 35.3% compare
  2. 6 East Timor 34.7% compare
  3. 7 Guyana 33.7% compare
  4. 9 Iran 30.4% compare
  5. 10 Angola 30.0% compare
  6. 11 Azerbaijan 29.9% compare

See the full ranking of 211 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is total natural resource rents in Mongolia?
Total natural resource rents in Mongolia was 33.1% in 2021, according to The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest total natural resource rents recorded in Mongolia?
The highest recorded value was 42.2% in 2011.
What is the lowest total natural resource rents recorded in Mongolia?
The lowest recorded value was 3.3% in 1999.
How does Mongolia rank for total natural resource rents?
Mongolia ranks 8th out of 211 countries with data for 2021.
Is total natural resource rents rising or falling in Mongolia?
Over the last ten years it is down 21.5%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as part of Total natural resource rents. Statizoid updates them automatically from the source API.

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CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Total natural resource rents
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 9,209 data points, 1970–2021
Last refreshed

Natural resources rents are estimated as the difference between the price of a commodity and the average cost of producing it. Total natural resources rents are the sum of oil rents, natural gas rents, coal rents, mineral rents, and forest rents.