Mongolia's gross fixed capital formation (% of GDP) was 28.02% in 2025, the latest year in the World Bank's World Development Indicators. That is up 9.74 percentage points from 18.28% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 28.02% | 2025 |
| Five years earlier | 23.58% | 2020 |
| Ten years earlier | 18.28% | 2015 |
| Highest | 65.56% | 1982 |
| Lowest | 17.8% | 1994 |
| Average since 2016 | 25.66% | 2016–2025 |
| First recorded | 65.3% | 1981 |
What the numbers say
In 2025, Mongolia's gross fixed capital formation (% of GDP) rose 0.85 percentage points on 2024 (from 27.17% to 28.02%).
Across the 30 yearly changes before that (1995 to 2024), the average change was +0.31 percentage points and a typical year strayed about 5.34 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above 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 13.93 percentage points in 2011 and the biggest yearly fall was 17.49 percentage points in 1990. 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 0.72 percentage points a year. A straight line explains 44% 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.
How it compares
In 2025, Mongolia had the 24th highest value of the 126 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.
| Value | Year | |
|---|---|---|
| Mongolia | 28.02% | 2025 |
| World | 25.62% | 2024 |
| East Asia & Pacific | 34.13% | 2024 |
| Upper middle income | 32.65% | 2024 |
Closest to Mongolia in the 2025 ranking
- Korea, Rep. — 21st of 126: 28.33%
- Botswana — 22nd of 126: 28.23%
- Somalia, Fed. Rep. — 23rd of 126: 28.11%
- El Salvador — 25th of 126: 27.18%
- Mauritania — 26th of 126: 26.98%
- Brunei Darussalam — 27th of 126: 26.91%
What this measures
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 45 values
| Year | Gross fixed capital formation (% of GDP) |
|---|---|
| 2025 | 28.02 |
| 2024 | 27.17 |
| 2023 | 25.33 |
| 2022 | 29.81 |
| 2021 | 26.84 |
| 2020 | 23.58 |
| 2019 | 27.98 |
| 2018 | 26.85 |
| 2017 | 22.35 |
| 2016 | 18.66 |
| 2015 |
Gross fixed capital formation (% of GDP) in nearby economies
- Australia — 24.33% (2025)
- Brunei Darussalam — 26.91% (2025)
- Cambodia — 30.91% (2025)
- China — 39.65% (2024)
- Fiji — 20.09% (2024)
- French Polynesia — 21.91% (2024)
- Hong Kong SAR, China — 16.94% (2025)
- Indonesia — 28.77% (2025)
- Japan — 27.81% (2024)
- Kiribati — 29.04% (2024)
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 gross fixed capital formation (% of GDP)?
- 28.02% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1981?
- It is down 37.29 percentage points from 65.3% in 1981. The highest value was 65.56% in 1982 and the lowest 17.8% in 1994.
- How does Mongolia rank?
- 24th highest of 126 economies with data for 2025.
- Is the latest change in gross fixed capital formation (% of GDP) unusual for Mongolia?
- In 2025, Mongolia's gross fixed capital formation (% of GDP) rose 0.85 percentage points on 2024 (from 27.17% to 28.02%). Across the 30 yearly changes before that (1995 to 2024), the average change was +0.31 percentage points and a typical year strayed about 5.34 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.GDI.FTOT.ZS, 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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