Mongolian GDP per capita has now reached 2,200USD
Demonstrating progress in the Mongolian Economy. Mongolian GDP per capita is one of the fastest growing in the world.
It is now evident that the Mongolian economy will develop rapidly based on the fast development of the mining sector, this is further emphasised by the Mongolian economists who see the growth of the economy on a daily basis..
According to the statistics from the Mongolian National Statistics Office, real GDP growth rate has increased by 9.7% in first quarter if this year. Thus Mongolian GDP has reached 8 trillion MNT. Also GDP per capita has increased to 2,200USD compared with 1,700USD during the economic crisis period in 2009.
Manufacturing sector occupied 8.5% of GDP which is increased by 3.5%. In addition, industrial sector has increased 6.3%, manufacturing sector for 11.3%, construction sector for 15% and retail sector has increased by 23%.
Source : Gogo
It is now evident that the Mongolian economy will develop rapidly based on the fast development of the mining sector, this is further emphasised by the Mongolian economists who see the growth of the economy on a daily basis..
According to the statistics from the Mongolian National Statistics Office, real GDP growth rate has increased by 9.7% in first quarter if this year. Thus Mongolian GDP has reached 8 trillion MNT. Also GDP per capita has increased to 2,200USD compared with 1,700USD during the economic crisis period in 2009.
Manufacturing sector occupied 8.5% of GDP which is increased by 3.5%. In addition, industrial sector has increased 6.3%, manufacturing sector for 11.3%, construction sector for 15% and retail sector has increased by 23%.
Source : Gogo
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