Mongolia, is a landlocked country in east-central Asia. It is bordered by Russia to the north and China to the south, east and west. Ulaanbaatar, the capital and also the largest city, is home to about 45% of the population. Mongolia's political system is a parliamentary republic. Approximately 30% of the population are nomadic or semi-nomadic. At 603,909 square miles, Mongolia is the 19th largest and the most sparsely populated independent country in the world, with a population of around 3 million people. It is also the world's second-largest landlocked country after Kazakhstan. Mongolia joined the World Trade Organization in 1997 and seeks to expand its participation in regional economic and trade regimes.
Mongolia had estimated population of 3.014 million in the year 2016 and expected to reach 3.296 million by 2022. Mongolia’s unemployment rate was 7.948% of total labor force.
Mongolia’s real gross domestic product (GDP) was around MNT 16001.83 billions in 2016 whereas the nominal GDP was MNT 23886.41 billions. This resulted in GDP deflator 149.273. Per capita GDP was estimated at USD 3659.83 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 12274.89.
In 2016, Mongolia government’s revenue was MNT 5651.69 billions whereas the expenditure was MNT 9723.81 billions. This resulted Mongolian government’s net lending / borrowing negative at MNT 4072.12 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.
The current account balance for Mongolia was estimated to be negative at USD 0.449 billions for the year 2016 and is expected to decline at a CAGR of 9.85% and reach USD 0.905 by 2022. This negative current account balance indicates the Mongolia is net borrower from the whole world.
Scope of Mongolia – Risk Analysis Report
•This report provides information about key macroeconomic indicators for Mongolia.
•This report provides Risk analysis for Mongolia.
1. Executive Summary
Scope of Mongolia – Risk Analysis Report
Research Methodology
2. Mongolia - Country Overview
2.1 People Indicators
2.1.1 Population
2.1.2 Unemployment
2.2 National Accounts Indicators
2.2.1 Real Gross Domestic Product
2.2.2 Nominal Gross Domestic Product
2.2.3 Gross Domestic Product Deflator
2.2.4 Per Capita Gross Domestic Product
2.2.5 Purchasing-Power-Parity (PPP) Based Per Capita GDP
2.2.6 Total Investment / Gross Capital Formation
2.2.7 Gross National Savings
2.3 Monetary Indicators
2.3.1 Consumer Price Index (CPI) Inflation
2.4 Trade Indicators
2.4.1 Change in Import Volume of Goods & Services
2.4.2 Change in Export Volume of Goods & Services
2.5 Government Finance Indicators
2.5.1 Government Revenue
2.5.2 Government Expenditure
2.5.3 Government Net Lending / Borrowing
2.6 Balance of Payment Indicators
2.6.1 Current Account Balance
3. Risk Analysis
4. Future Trends in Mongolia
3.2 Economic Factors
3.3 Social Factors
3.4 Technological Factors
3.5 Environmental Factors
3.6 Legal Factors
List of Exhibits
Notes
Company Information
List of Exhibits
Exhibit 2.1 Population of Mongolia (in millions)
Exhibit 2.2 Unemployment Level in Mongolia (in %)
Exhibit 2.3 Real GDP of Mongolia (in MNT billions)
Exhibit 2.4 Nominal GDP of Mongolia (in MNT billions)
Exhibit 2.5 Nominal GDP of Mongolia (in USD billions)
Exhibit 2.6 GDP Deflator Index for Mongolia
Exhibit 2.7 Per Capita GDP of Mongolia (in USD)
Exhibit 2.8 PPP Per Capita GDP of Mongolia (in USD)
Exhibit 2.9 Total Investment of Mongolia (in %)
Exhibit 2.10 Gross National Savings of Mongolia (in %)
Exhibit 2.11 Consumer Price Index (CPI) Inflation of Mongolia
Exhibit 2.12 Change in Import Volume of Goods & Services of Mongolia (in %)
Exhibit 2.13 Change in Export Volume of Goods & Services of Mongolia (in %)
Exhibit 2.14 Government Revenue of Mongolia (in MNT billions)
Exhibit 2.15 Government Revenue of Mongolia (in % of GDP)
Exhibit 2.16 Government Expenditure of Mongolia (in MNT billions)
Exhibit 2.17 Government Expenditure of Mongolia (in % of GDP)
Exhibit 2.18 Government Net Lending / Borrowing of Mongolia (in MNT billions)
Exhibit 2.19 Government Net Lending / Borrowing of Mongolia (in % of GDP)
Exhibit 2.20 Current Account Balance of Mongolia (in USD billions)
Exhibit 2.21 Current Account Balance of Mongolia (in % of GDP)
*If Applicable.