Mongolia - Gross value added at factor cost

Gross value added at factor cost (current US$)

The latest value for Gross value added at factor cost (current US$) in Mongolia was $12,049,020,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $12,699,310,000 in 2019 and $709,294,300 in 1993.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 $2,310,099,000
1982 $2,552,402,000
1983 $2,725,737,000
1984 $2,098,735,000
1985 $2,186,505,000
1986 $2,896,179,000
1987 $3,020,612,000
1988 $3,204,462,000
1989 $3,576,967,000
1990 $2,484,486,000
1991 $2,144,355,000
1992 $1,238,377,000
1993 $709,294,300
1994 $868,816,200
1995 $1,375,212,000
1996 $1,263,430,000
1997 $1,096,264,000
1998 $1,039,169,000
1999 $964,118,500
2000 $1,009,752,000
2001 $1,105,273,000
2002 $1,228,942,000
2003 $1,416,844,000
2004 $1,764,932,000
2005 $2,264,821,000
2006 $3,070,533,000
2007 $3,814,746,000
2008 $5,046,090,000
2009 $4,172,270,000
2010 $6,453,804,000
2011 $9,100,985,000
2012 $10,926,800,000
2013 $11,152,540,000
2014 $11,084,930,000
2015 $10,662,840,000
2016 $10,251,230,000
2017 $10,439,760,000
2018 $11,755,040,000
2019 $12,699,310,000
2020 $12,049,020,000

Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Mongolia was 33,897,400,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 33,897,400,000,000 in 2020 and a minimum value of 6,930,297,000 in 1981.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1981 6,930,297,000
1982 7,657,206,000
1983 8,177,210,000
1984 8,394,938,000
1985 8,746,022,000
1986 8,688,537,000
1987 9,061,835,000
1988 9,613,385,000
1989 10,730,900,000
1990 12,422,430,000
1991 20,371,370,000
1992 52,754,870,000
1993 210,164,000,000
1994 358,578,000,000
1995 616,934,000,000
1996 692,869,000,000
1997 866,038,000,000
1998 873,762,000,000
1999 985,202,000,000
2000 1,087,170,000,000
2001 1,213,260,000,000
2002 1,364,510,000,000
2003 1,624,470,000,000
2004 2,091,940,000,000
2005 2,729,670,000,000
2006 3,622,300,000,000
2007 4,464,780,000,000
2008 5,882,750,000,000
2009 5,998,870,000,000
2010 8,758,230,000,000
2011 11,517,400,000,000
2012 14,834,000,000,000
2013 16,995,700,000,000
2014 20,151,700,000,000
2015 21,009,100,000,000
2016 21,940,600,000,000
2017 25,470,700,000,000
2018 29,064,200,000,000
2019 33,825,100,000,000
2020 33,897,400,000,000

Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in Mongolia was 12,080,590,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between 12,576,810,000 in 2019 and 1,953,826,000 in 1981.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 1,953,826,000
1982 2,135,775,000
1983 2,260,333,000
1984 2,395,519,000
1985 2,562,164,000
1986 3,201,111,000
1987 3,892,773,000
1988 3,913,178,000
1989 4,047,347,000
1990 4,002,663,000
1991 3,653,852,000
1992 3,313,836,000
1993 3,200,906,000
1994 3,255,784,000
1995 3,418,917,000
1996 3,481,900,000
1997 3,576,229,000
1998 3,668,951,000
1999 3,741,679,000
2000 3,673,308,000
2001 3,700,221,000
2002 3,848,721,000
2003 4,124,683,000
2004 4,542,499,000
2005 4,905,793,000
2006 5,244,761,000
2007 5,805,819,000
2008 6,261,138,000
2009 6,325,683,000
2010 6,457,124,000
2011 7,237,749,000
2012 8,190,281,000
2013 9,150,874,000
2014 10,100,930,000
2015 10,662,840,000
2016 10,811,040,000
2017 11,247,090,000
2018 11,964,740,000
2019 12,576,810,000
2020 12,080,590,000

Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Mongolia was 23,802,500,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 24,780,200,000,000 in 2019 and a minimum value of 3,849,640,000,000 in 1981.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1981 3,849,640,000,000
1982 4,208,140,000,000
1983 4,453,560,000,000
1984 4,719,910,000,000
1985 5,048,260,000,000
1986 6,307,180,000,000
1987 7,669,970,000,000
1988 7,710,170,000,000
1989 7,974,520,000,000
1990 7,886,480,000,000
1991 7,199,220,000,000
1992 6,529,280,000,000
1993 6,306,770,000,000
1994 6,414,900,000,000
1995 6,736,320,000,000
1996 6,860,420,000,000
1997 7,046,280,000,000
1998 7,228,970,000,000
1999 7,372,260,000,000
2000 7,237,550,000,000
2001 7,290,580,000,000
2002 7,583,170,000,000
2003 8,126,900,000,000
2004 8,950,130,000,000
2005 9,665,930,000,000
2006 10,333,800,000,000
2007 11,439,300,000,000
2008 12,336,400,000,000
2009 12,463,600,000,000
2010 12,722,500,000,000
2011 14,260,600,000,000
2012 16,137,400,000,000
2013 18,030,100,000,000
2014 19,902,000,000,000
2015 21,009,100,000,000
2016 21,301,100,000,000
2017 22,160,200,000,000
2018 23,574,200,000,000
2019 24,780,200,000,000
2020 23,802,500,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts