Mongolia: Other manufacturing (% of value added in manufacturing)

Key figures

What the numbers say

In 2023, Mongolia's other manufacturing (% of value added in manufacturing) rose 2.71 percentage points on 2022 (from 25.88% to 28.59%).

Across the 30 yearly changes before that (1993 to 2022), the average change was +0.32 percentage points and a typical year strayed about 11.01 percentage points from that (the standard deviation). This year's change was 0.2 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 24.93 percentage points in 2012 and the biggest yearly fall was 27.08 percentage points in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 there is no clear straight-line trend: a straight line explains 18% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Mongolia had the 59th highest value of the 66 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 2023 ranking

• Belgium — 56th of 66: 30.35%
• Netherlands — 57th of 66: 30.35%
• Namibia — 58th of 66: 28.8%
• Japan — 60th of 66: 28.12%
• Mauritius — 61st of 66: 22.27%
• Kenya — 62nd of 66: 22.16%

What this measures

Other manufacturing, a residual, covers wood and related products (ISIC Rev. 3 division 20), paper and related products (ISIC Rev. 3 divisions 21 and 22), petroleum and related products (ISIC Rev. 3 division 23), basic metals and mineral products (ISIC Rev. 3 division27), fabricated metal products and professional goods (ISIC Rev. 3 division 28), and other industries (ISIC Rev. 3 divisions 25, 26, 31, 33, 36, and 37). Includes unallocated data. When data for textiles, machinery, or chemicals are shown as not available, they are included in other manufacturing. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).

Limitations: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products."

All 34 values

Other manufacturing (% of value added in manufacturing) in nearby economies

• Australia — 43.44% (2024)
• China — 42.84% (2019)
• Fiji — 30.46% (2023)
• Hong Kong SAR, China — 21.68% (2023)
• Indonesia — 32.01% (2022)
• Japan — 28.12% (2023)
• Korea, Rep. — 35.6% (2023)
• Lao PDR — 47.74% (2017)
• Macao SAR, China — 40.08% (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

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Mongolia's other manufacturing (% of value added in manufacturing)?

28.59% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 0.52 percentage points from 28.07% in 1990. The highest value was 59.46% in 2012 and the lowest 8.38% in 1999.

How does Mongolia rank?

59th highest of 66 economies with data for 2023.

Is the latest change in other manufacturing (% of value added in manufacturing) unusual for Mongolia?

In 2023, Mongolia's other manufacturing (% of value added in manufacturing) rose 2.71 percentage points on 2022 (from 25.88% to 28.59%). Across the 30 yearly changes before that (1993 to 2022), the average change was +0.32 percentage points and a typical year strayed about 11.01 percentage points from that (the standard deviation). This year's change was 0.2 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 NV.MNF.OTHR.ZS.UN, licensed CC BY 4.0. Original source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO) 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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