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

Latest (2020)
14.40 billion current US$
Change on year
up 29.7%
World rank
16th
of 57 countries
All-time high
14.40 billion current US$
in 2020
All-time low
9.67 million current US$
in 2004
Years of data
17
2004–2020

Nonrenewable natural capital, metals and minerals: iron ore in Mongolia, 2004–2020

05.0B10.0B15.0B2004201220202004: 9.7M current US$2005: 97.9M current US$2006: 98.7M current US$2007: 334.6M current US$2008: 2.2B current US$2009: 858.4M current US$2010: 4.7B current US$2011: 9.2B current US$2012: 10.0B current US$2013: 11.4B current US$2014: 7.6B current US$2015: 2.8B current US$2016: 2.9B current US$2017: 6.2B current US$2018: 5.3B current US$2019: 11.1B current US$2020: 14.4B current US$

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 13 Turkey 24.39 billion current US$ compare
  2. 14 Chile 18.76 billion current US$ compare
  3. 15 Mauritania 14.63 billion current US$ compare
  4. 17 Peru 12.56 billion current US$ compare
  5. 18 Liberia 9.16 billion current US$ compare
  6. 19 Malaysia 8.38 billion current US$ compare

See the full ranking of 57 places →

More reference data data for Mongolia

All data for Mongolia →

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.

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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Nonrenewable natural capital, metals and minerals: iron ore (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
57 places, 1,098 data points, 1995–2020
Last refreshed