Economy of Mongolia (Economy in Countries)

This book about the economy of Mongolia from the 1970s to the 2010s. Source data from UN Data.Size. In the 2010s, the GDP of Mongolia was equal to 11.1 billion US$ per year; the value of agriculture was 1.3 billion US$; the value of manufacturing was 873.8 million US$. Since the share in the world is between .01% and .1%, the country is classified as a small economy.Productivity. In the 2010s, the gross domestic product per capita was 3 832.9 US$; the agriculture per capita was 461.7 US$; the manufacturing per capita was 301.8 US$. Since the productivity is between the average of below average and the average, the economy is classified as developing.Growth. In the 2010s, the growth of GDP was 7.9%; the growth of agriculture was 6.4%; the growth of manufacturing was 7.4%.Structure. In the 2010s, the economy of Mongolia included: trade (28.1%), industry (23.7%), service (16.8%), transportation (13.9%), agriculture (10.7%), and construction (6.9%).Export and import. In the 2010s, the import was 19.1% higher than the export, the net import was equal to 9.3% of the GDP. The technological structure of export is not better than the structure of import.Consumption and reproduction. The attitude of reproduction to the consumption is not better than the global average, so the share of GDP in the world will not increase.

• | Author: Ivan Kushnir
• | Publisher: Independently published
• | Publication Date: Jan 27, 2019
• | Number of Pages: 66 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 1795242906
• | ISBN-13: 9781795242905