Mongolia - Trade in services (% of GDP)

Trade in services (% of GDP) in Mongolia was 20.73 as of 2020. Its highest value over the past 39 years was 38.79 in 2004, while its lowest value was 2.97 in 1981.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1981 2.97
1982 3.45
1983 3.60
1984 4.44
1985 5.02
1986 9.53
1987 9.69
1988 9.82
1989 7.13
1990 7.11
1991 3.49
1992 7.36
1993 11.13
1994 14.76
1995 10.52
1996 12.52
1997 13.36
1998 20.06
1999 20.11
2000 21.13
2001 25.12
2002 32.29
2003 34.17
2004 38.79
2005 32.31
2006 26.49
2007 24.51
2008 20.42
2009 21.58
2010 17.73
2011 18.16
2012 22.20
2013 21.36
2014 20.47
2015 18.01
2016 26.29
2017 27.39
2018 28.56
2019 31.37
2020 20.73

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments