Nonrenewable natural capital per capita, metals and minerals: iron ore in Mongolia

Mongolia: Nonrenewable natural capital per capita, metals and minerals: iron ore was 3,314 real chained 2019 US$ in 2020. ▼ Falling

Latest (2020)
3,314 real chained 2019 US$
Change on year
down 3.5%
World rank
2nd
of 129 countries
All-time high
5,304 real chained 2019 US$
in 1995
All-time low
3,314 real chained 2019 US$
in 2020
Years of data
26
1995–2020

Nonrenewable natural capital per capita, metals and minerals: iron ore in Mongolia, 1995–2020

02.0k4.0k6.0k1995200720201995: 5.3k real chained 2019 US$1996: 5.2k real chained 2019 US$1997: 5.2k real chained 2019 US$1998: 5.1k real chained 2019 US$1999: 5.1k real chained 2019 US$2000: 5.0k real chained 2019 US$2001: 5.0k real chained 2019 US$2002: 5.0k real chained 2019 US$2003: 4.9k real chained 2019 US$2004: 4.9k real chained 2019 US$2005: 4.8k real chained 2019 US$2006: 4.8k real chained 2019 US$2007: 4.7k real chained 2019 US$2008: 4.7k real chained 2019 US$2009: 4.6k real chained 2019 US$2010: 4.5k real chained 2019 US$2011: 4.5k real chained 2019 US$2012: 4.3k real chained 2019 US$2013: 4.2k real chained 2019 US$2014: 4.1k real chained 2019 US$2015: 3.9k real chained 2019 US$2016: 3.8k real chained 2019 US$2017: 3.7k real chained 2019 US$2018: 3.6k real chained 2019 US$2019: 3.4k real chained 2019 US$2020: 3.3k real chained 2019 US$

Source: World Bank. Measured in real chained 2019 US$.

Analysis

Mongolia recorded 3,314 real chained 2019 US$ for nonrenewable natural capital per capita, metals and minerals: iron ore in 2020. That is the lowest value across all 26 years on record.

Compared with earlier readings it is down 3.5% on the previous year and down 27.1% over ten years.

Over the whole period, nonrenewable natural capital per capita, metals and minerals: iron ore in Mongolia peaked at 5,304 real chained 2019 US$ in 1995 and was at its lowest, 3,314 real chained 2019 US$, in 2020.

That places Mongolia 2nd out of 129 countries with data for 2020, putting it in the top 10%.

The long-run direction has been consistently falling across the 26 years of available data.

Nonrenewable natural capital per capita, metals and minerals: iron ore in Mongolia, year by year

Annual values for Nonrenewable natural capital per capita, metals and minerals: iron ore (real chained 2019 US$) in Mongolia, 1995 to 2020.
Year real chained 2019 US$ Change
1995 5,304 real chained 2019 US$
1996 5,244 real chained 2019 US$ -1.1%
1997 5,190 real chained 2019 US$ -1.0%
1998 5,139 real chained 2019 US$ -1.0%
1999 5,090 real chained 2019 US$ -1.0%
2000 5,043 real chained 2019 US$ -0.9%
2001 4,999 real chained 2019 US$ -0.9%
2002 4,955 real chained 2019 US$ -0.9%
2003 4,912 real chained 2019 US$ -0.9%
2004 4,870 real chained 2019 US$ -0.8%
2005 4,830 real chained 2019 US$ -0.8%
2006 4,787 real chained 2019 US$ -0.9%
2007 4,741 real chained 2019 US$ -1.0%
2008 4,688 real chained 2019 US$ -1.1%
2009 4,619 real chained 2019 US$ -1.5%
2010 4,547 real chained 2019 US$ -1.6%
2011 4,453 real chained 2019 US$ -2.1%
2012 4,333 real chained 2019 US$ -2.7%
2013 4,196 real chained 2019 US$ -3.2%
2014 4,063 real chained 2019 US$ -3.2%
2015 3,923 real chained 2019 US$ -3.4%
2016 3,797 real chained 2019 US$ -3.2%
2017 3,681 real chained 2019 US$ -3.0%
2018 3,550 real chained 2019 US$ -3.6%
2019 3,434 real chained 2019 US$ -3.3%
2020 3,314 real chained 2019 US$ -3.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 5,193 real chained 2019 US$ 5,090 real chained 2019 US$ 5,304 real chained 2019 US$ 5
2000s 4,844 real chained 2019 US$ 4,619 real chained 2019 US$ 5,043 real chained 2019 US$ 10
2010s 3,998 real chained 2019 US$ 3,434 real chained 2019 US$ 4,547 real chained 2019 US$ 10
2020s 3,314 real chained 2019 US$ 3,314 real chained 2019 US$ 3,314 real chained 2019 US$ 1

Countries ranked near Mongolia

  1. 1 Australia 56,153 real chained 2019 US$ compare
  2. 3 Brazil 2,670 real chained 2019 US$ compare
  3. 4 Mauritania 2,409 real chained 2019 US$ compare
  4. 5 Sweden 2,218 real chained 2019 US$ compare

See the full ranking of 129 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is nonrenewable natural capital per capita, metals and minerals: iron ore in Mongolia?
Nonrenewable natural capital per capita, metals and minerals: iron ore in Mongolia was 3,314 real chained 2019 US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital per capita, metals and minerals: iron ore recorded in Mongolia?
The highest recorded value was 5,304 real chained 2019 US$ in 1995.
What is the lowest nonrenewable natural capital per capita, metals and minerals: iron ore recorded in Mongolia?
The lowest recorded value was 3,314 real chained 2019 US$ in 2020.
How does Mongolia rank for nonrenewable natural capital per capita, metals and minerals: iron ore?
Mongolia ranks 2nd out of 129 countries with data for 2020.
Is nonrenewable natural capital per capita, metals and minerals: iron ore rising or falling in Mongolia?
Over the last ten years it is down 27.1%. The long-run trend across the full record is falling.
Where does this Mongolia data come from?
The figures come from the World Bank, published as part of Nonrenewable natural capital per capita, metals and minerals: iron ore (real chained 2019 US$). Statizoid updates them automatically from the source API.

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Nonrenewable natural capital per capita, metals and minerals: iron ore in Mongolia. Statizoid. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-per-capita-metals-and-minerals-iron-ore-real-chained-2019-us/mongolia/

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About this data

Indicator
Nonrenewable natural capital per capita, metals and minerals: iron ore (real chained 2019 US$)
Unit
real chained 2019 US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
129 places, 3,313 data points, 1995–2020
Last refreshed