Figures show economy is improving
The data on social and economic indicators announced by the National Statistics Office give encouraging hope that Mongolia is coming out of the recession and the economic crisis. Some selected indicators are given below.
The State budget deficit in the first 9 months was 16.9 times less than in the same period last year. The current account showed a surplus. Tax receipts rose 68.6 percent. Receipts from the windfall profits tax rose 3.0 times, from corporate income tax 2.1 times and from value added tax 65.0 percent.
The national consumer price index in September fell 0.7 percent from the previous month, but was 8.3 percent higher than at the end of last year, and 10.6 percent higher than in the same period of 2009.
The number of unemployed people registered at labor exchanges all over the nation was 3.6 percent less at the end of September than in the same period last year.
Total turnover of trade with 122 countries in the first 9 months of 2010 reached USD4,273.9 million, recording a 53.8 percent rise. Exports stood at USD 2,025.6 million, an increase of 56.6 percent, while imports accounted for USD2,248.3 million, up 51.5 percent. The balance showed a deficit of USD222.6 million, rising 16.9 percent against the same period of 2009.
Gross domestic product (at 2005 constant prices) in the first 3 quarters of 2010 increased 6.3 percent.
Total industrial output in the first nine months increased by 15 percent (at 2005 constant prices).
Domestic entities carried out 91.1 percent of the total construction and installation work worth MNT143.7 billion in the first 9 months.
The volume of freight rose 15.5 percent and the number of passengers 12.8 percent in the first 9 months. The figures include traffic by all types of transport.
Of the 516,600 people registered under social insurance, 60.7 percent worked at Government establishments, and the remaining 39.3 percent in the private sector. Retirement pension accounted for 73.4 percent of the total amount of pensions paid in the first 3 quarters, pension for the disabled for 12.7 percent, breadwinner loss pension for 7.2 percent, and military pension for 6.7 percent.
The State budget deficit in the first 9 months was 16.9 times less than in the same period last year. The current account showed a surplus. Tax receipts rose 68.6 percent. Receipts from the windfall profits tax rose 3.0 times, from corporate income tax 2.1 times and from value added tax 65.0 percent.
The national consumer price index in September fell 0.7 percent from the previous month, but was 8.3 percent higher than at the end of last year, and 10.6 percent higher than in the same period of 2009.
The number of unemployed people registered at labor exchanges all over the nation was 3.6 percent less at the end of September than in the same period last year.
Total turnover of trade with 122 countries in the first 9 months of 2010 reached USD4,273.9 million, recording a 53.8 percent rise. Exports stood at USD 2,025.6 million, an increase of 56.6 percent, while imports accounted for USD2,248.3 million, up 51.5 percent. The balance showed a deficit of USD222.6 million, rising 16.9 percent against the same period of 2009.
Gross domestic product (at 2005 constant prices) in the first 3 quarters of 2010 increased 6.3 percent.
Total industrial output in the first nine months increased by 15 percent (at 2005 constant prices).
Domestic entities carried out 91.1 percent of the total construction and installation work worth MNT143.7 billion in the first 9 months.
The volume of freight rose 15.5 percent and the number of passengers 12.8 percent in the first 9 months. The figures include traffic by all types of transport.
Of the 516,600 people registered under social insurance, 60.7 percent worked at Government establishments, and the remaining 39.3 percent in the private sector. Retirement pension accounted for 73.4 percent of the total amount of pensions paid in the first 3 quarters, pension for the disabled for 12.7 percent, breadwinner loss pension for 7.2 percent, and military pension for 6.7 percent.
Comments
Post a Comment