Mongolia's exports of goods and services (constant LCU) was 21.93 trillion in 2025, the latest year in the World Bank's World Development Indicators. That is up 116.81% from 10.12 trillion in 2015 (8.05% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 21.93 trillion | 2025 |
| Five years earlier | 13.63 trillion | 2020 |
| Ten years earlier | 10.12 trillion | 2015 |
| Highest | 21.93 trillion | 2025 |
| Lowest | 4.57 trillion | 2010 |
| Average since 2016 | 15.48 trillion | 2016–2025 |
| First recorded | 4.57 trillion |
What the numbers say
In 2025, Mongolia's exports of goods and services (constant LCU) rose 6.2% on 2024 (from 20.65 trillion to 21.93 trillion).
Across the 14 yearly changes before that (2011 to 2024), the average change was +12.6% and a typical year strayed about 17.5% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 53.2% in 2014 and the biggest yearly fall was 14.6% in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 1.16 trillion a year. A straight line explains 76% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 23.46 trillion for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 4.11 trillion, against 5.63 trillion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2025, Mongolia had the 17th highest value of the 128 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Mongolia in the 2025 ranking
- Uganda — 14th of 128: 29.93 trillion
- Tanzania — 15th of 128: 23.99 trillion
- Costa Rica — 16th of 128: 23.69 trillion
- Côte d'Ivoire — 18th of 128: 15.21 trillion
- Congo, Dem. Rep. — 19th of 128: 13.49 trillion
- Mexico — 20th of 128: 10.7 trillion
What this measures
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 16 values
| Year | Exports of goods and services (constant LCU) |
|---|---|
| 2025 | 21,931,738,290,000 |
| 2024 | 20,653,192,310,000 |
| 2023 | 20,500,155,850,000 |
| 2022 | 15,394,960,080,000 |
| 2021 | 11,638,734,981,000 |
| 2020 | 13,634,029,621,000 |
| 2019 | 14,391,699,251,000 |
| 2018 | 12,852,368,467,000 |
| 2017 | 12,116,803,167,000 |
| 2016 | 11,685,431,906,000 |
Exports of goods and services (constant LCU) in nearby economies
- American Samoa — 370 million (2022)
- Australia — 665.09 billion (2025)
- Brunei Darussalam — 14.3 billion (2025)
- Cambodia — 112.85 trillion (2025)
- Guam — 463 million (2022)
- Hong Kong SAR, China — 6.16 trillion (2025)
- Indonesia — 3,325 trillion (2025)
- Japan — 102.66 trillion (2024)
- Kiribati — 15.49 million (2024)
- Korea, Rep.
More economic policy & debt data for Mongolia
- Adjusted savings, education expenditure (% of GNI) — 4.58% (2021)
- Adjusted savings, net forest depletion (current US$) — US$0 (2021)
- Adjusted savings, mineral depletion (current US$) — US$1.5 billion (2021)
- Net official development assistance and official aid received (current US$) — US$260.17 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$260.17 million (2023)
- Net official development assistance received (current US$) — US$260.17 million (2023)
- Net official development assistance received (constant 2023 US$) — US$260.17 million (2023)
- Net ODA received per capita (current US$) — US$74.74 (2023)
Reading data like this
Questions people ask
- What is Mongolia's exports of goods and services (constant LCU)?
- 21.93 trillion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
- It is up 380.42% from 4.57 trillion in 2010 (11.03% a year on average, compounded). The highest value was 21.93 trillion in 2025 and the lowest 4.57 trillion in 2010.
Source
World Bank, World Development Indicators, indicator NE.EXP.GNFS.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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