Nonrenewable natural capital, metals and minerals: iron ore in Mongolia
Mongolia: Nonrenewable natural capital, metals and minerals: iron ore was 14.40 billion current US$ in 2020. ◆ Volatile
Nonrenewable natural capital, metals and minerals: iron ore in Mongolia, 2004–2020
Source: World Bank. Measured in current US$.
Analysis
The most recent figure for nonrenewable natural capital, metals and minerals: iron ore in Mongolia is 14.40 billion current US$, measured in 2020. That is the highest value across all 17 years on record.
The figure is up 29.7% on the previous year and up 203.6% over ten years.
Over the whole period, nonrenewable natural capital, metals and minerals: iron ore in Mongolia peaked at 14.40 billion current US$ in 2020 and was at its lowest, 9.67 million current US$, in 2004.
Mongolia ranks 16th of 57 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital, metals and minerals: iron ore in Mongolia, year by year
| Year | current US$ | Change |
|---|---|---|
| 2004 | 9.67 million current US$ | — |
| 2005 | 97.89 million current US$ | +912.0% |
| 2006 | 98.74 million current US$ | +0.9% |
| 2007 | 334.57 million current US$ | +238.8% |
| 2008 | 2.17 billion current US$ | +547.3% |
| 2009 | 858.45 million current US$ | -60.4% |
| 2010 | 4.74 billion current US$ | +452.4% |
| 2011 | 9.20 billion current US$ | +94.0% |
| 2012 | 10.00 billion current US$ | +8.7% |
| 2013 | 11.44 billion current US$ | +14.5% |
| 2014 | 7.63 billion current US$ | -33.3% |
| 2015 | 2.77 billion current US$ | -63.7% |
| 2016 | 2.93 billion current US$ | +5.7% |
| 2017 | 6.25 billion current US$ | +113.5% |
| 2018 | 5.28 billion current US$ | -15.5% |
| 2019 | 11.10 billion current US$ | +110.3% |
| 2020 | 14.40 billion current US$ | +29.7% |
Mongolia compared with similar countries
- Mongolia's 14.40 billion current US$ is above the median for upper middle income countries, which is 8.18 billion current US$, 1.8× the median. (21 countries reporting)
- Mongolia's 14.40 billion current US$ is above the median for East Asia & Pacific, which is 5.95 billion current US$, 2.4× the median. (12 countries reporting)
Biggest year-on-year movements
Years where Nonrenewable natural capital, metals and minerals: iron ore in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +912.0% | 9.67 million current US$ | 97.89 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 594.17 million current US$ | 9.67 million current US$ | 2.17 billion current US$ | 6 |
| 2010s | 7.13 billion current US$ | 2.77 billion current US$ | 11.44 billion current US$ | 10 |
| 2020s | 14.40 billion current US$ | 14.40 billion current US$ | 14.40 billion current US$ | 1 |
Countries ranked near Mongolia
More reference data data for Mongolia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.8173 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.37 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.25 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0069 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.25 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.74 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.16 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 12.74 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 18.89 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0378 (2050)
Frequently asked questions
- What is nonrenewable natural capital, metals and minerals: iron ore in Mongolia?
- Nonrenewable natural capital, metals and minerals: iron ore in Mongolia was 14.40 billion current US$ in 2020, according to the World Bank.
- What is the highest nonrenewable natural capital, metals and minerals: iron ore recorded in Mongolia?
- The highest recorded value was 14.40 billion current US$ in 2020.
- What is the lowest nonrenewable natural capital, metals and minerals: iron ore recorded in Mongolia?
- The lowest recorded value was 9.67 million current US$ in 2004.
- How does Mongolia rank for nonrenewable natural capital, metals and minerals: iron ore?
- Mongolia ranks 16th out of 57 countries with data for 2020.
- Is nonrenewable natural capital, metals and minerals: iron ore rising or falling in Mongolia?
- Over the last ten years it is up 203.6%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from the World Bank, published as part of Nonrenewable natural capital, metals and minerals: iron ore (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).