GDP in USD PPP terms reached 43.2 USD bil in 2018 in Mongolia, according to the National Statistical Office. This is 8.43 % more than in the previous year.
Historically, GDP in USD PPP terms in Mongolia reached an all time high of 43.2 USD bil in 2018 and an all time low of 2.94 USD bil in 1980. When compared to Mongolia's main peers, GDP in USD PPP terms in China amounted to 25,313 USD bil, 508 USD bil in Kazakhstan, 24.4 USD bil in Kyrgyzstan and 4,180 USD bil in Russia in 2018.
Mongolia has been ranked 117th within the group of 174 countries we follow in terms of GDP in USD PPP terms, 17 places above the position seen 10 years ago.
GDP based on purchasing power parity is the gross domestic product converted to international dollars using purchasing power parity rates.