GDP Increases by 6.8 Percent Last Year

Economy
m.unurzul@montsame.gov.mn
2026-02-16 17:02:31

Ulaanbaatar, February 16, 2026 /MONTSAME/. According to the National Statistics Office, Mongolia’s Gross Domestic Product (as of preliminary estimate, calculated by the production approach at current prices) reached MNT 89.9 trillion last year, increasing by 11.5 percent (MNT 9.3 trillion) compared to the previous year.


This growth was driven by a 36.7 percent (MNT 2.2 trillion) increase in value added in the agriculture sector, an 11.5 percent (MNT 4.1 trillion) increase in the services sector, and a 22.4 percent (MNT 2 trillion) increase in industry and construction.


GDP (preliminary estimate, calculated by the production approach at 2015 constant prices) reached MNT 34.3 trillion in 2025, marking a 6.8 percent (MNT 2.2 trillion) increase, compared to the previous year.


This growth was supported by a 33.2 percent (MNT 917.8 billion) increase in agriculture value added, an 11.4 percent (MNT482.8 billion) increase in industry and construction, and a 10.6 percent (MNT453.6 billion) increase in mining and quarrying.


Of the total 6.8 percent GDP growth, 2.9 percentage points came from agriculture, 1.4 percentage points from mining and quarrying, 1.5 percentage points from industry and construction, and 1 percentage point from services.


GDP (preliminary estimate at 2015 constant prices, seasonally adjusted and calculated by the production approach) increased by 0.7 percent in the fourth quarter of 2025 compared to the previous quarter.