Mongolia: Statistical Overview

Capital: Ulaan Baatar

Population

Total Population: 3,524,788

Natural Increase: 1.2%

Density: 2 Inhabitants/km²

Urban Population: 69.3%

Ethnic Origins: Approximately 96% Mongolian (of which 84% Khalkha) as well as about 4% Turkic (mainly Kazakh) and other (including Chinese and Russian). (Mongolian Statistical Information Service)

Official Language: Mongolian

Other Languages Spoken: Kalmyk-Oirat, Buriat, Chinese, Kazakh, Tuvin.

Business Language(s): English

Literacy Rate: 97.8%

Local Time:

It is %T:%M %A In Ulaan Baatar

Exchange Rate on :

National Currency: Mongolian Tugrik (MNT)

Country Overview

Area: 1,564,116 km²

Type of State: Parliamentary Democratic Republic.

Type of Economy: Lower-middle-income, agricultural and manufacturing economy..
Mongolia is experiencing strong growth, mainly driven by its mining sector and exports to China, although dependence on commodity prices and its neighbor remains a major challenge.

HDI*: 0.747/1

HDI (World Rank): 105/192

Note: (*) The HDI, Human Development Index, measures a country's development in terms of quality of life. It mainly takes into account life expectancy, level of education and GDP per capita.

Telecommunication

Telephone Code:
To call from Mongolia, dial 00
To call Mongolia, dial +976

Internet Suffix: .mn

Households with a computer: 33.3 per 100 Inhabitants

Telephone Lines: 6.2 per 100 Inhabitants

Internet Users: 83.0 per 100 Inhabitants

Access to Electricity: 100% of the Population

Foreign Trade in Figures

Foreign Trade Indicators	2020	2021	2022	2023	2024
Imports of Goods (million USD)	5,299	6,846	8,704	9,250	11,613
Exports of Goods (million USD)	7,576	9,241	12,539	15,187	15,783
Imports of Services (million USD)	2,083	2,465	3,465	4,152	4,593
Exports of Services (million USD)	651	811	1,132	1,583	1,562

Source: WTO – World Trade Organisation, Latest data available.

See the latest updates in the Country Profile for Mongolia.

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