Services value added — all countries

Services value added — Mongolia

Services value added in Mongolia in 2025 — 11,249,029,112 US$. Ranked 111 in the world out of 158. Since 1990, the indicator has risen by 913.7%.

2025 11.25B US$ +6.62% vs 2024
World rank 111of 158
Period maximum 11.25B US$2025
Period minimum 281M US$1993

Trend over time

1990–2025 · US$

Services value added — Mongolia, 1990–202505B10B15B19901994199820022006201020142018202220251990: 1,109,649,595 US$1991: 1,046,479,547 US$1992: 444,534,671 US$1993: 280,898,901 US$1994: 323,469,371 US$1995: 425,678,312 US$1996: 427,321,193 US$1997: 378,709,022 US$1998: 420,296,994 US$1999: 393,095,927 US$2000: 445,639,675 US$2001: 535,805,850 US$2002: 650,715,622 US$2003: 720,345,768 US$2004: 801,504,823 US$2005: 945,185,011 US$2006: 1,147,180,728 US$2007: 1,436,253,447 US$2008: 2,230,761,039 US$2009: 1,975,643,491 US$2010: 3,223,799,188 US$2011: 4,766,229,946 US$2012: 5,760,192,917 US$2013: 5,626,356,044 US$2014: 5,602,704,401 US$2015: 5,364,743,544 US$2016: 5,129,507,677 US$2017: 4,865,157,810 US$2018: 5,244,579,844 US$2019: 5,645,695,044 US$2020: 5,390,486,861 US$2021: 6,060,295,751 US$2022: 7,025,994,562 US$2023: 8,342,114,454 US$2024: 10,550,670,034 US$2025: 11,249,029,112 US$
Change over the period: +10.14B (+913.75%) Average annual rate: 6.84 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Mongolia

Mongolia 11.25B US$
World computed 46.11T US$
East Asia & Pacific 20.13T US$
Lower-middle-income countries computed 4.42T US$
Services value added — Mongolia, by year Mongolia All countries CSV XLSX
Year US$ Change Change, %
2025 11.25B +698M +6.62%
2024 10.55B +2.21B +26.47%
2023 8.34B +1.32B +18.73%
2022 7.03B +966M +15.93%
2021 6.06B +670M +12.43%
2020 5.39B −255M −4.52%
2019 5.65B +401M +7.65%
2018 5.24B +379M +7.8%
2017 4.87B −264M −5.15%
2016 5.13B −235M −4.38%
2015 5.36B −238M −4.25%
2014 5.6B −23.65M −0.42%
2013 5.63B −134M −2.32%
2012 5.76B +994M +20.85%
2011 4.77B +1.54B +47.85%
2010 3.22B +1.25B +63.18%
2009 1.98B −255M −11.44%
2008 2.23B +795M +55.32%
2007 1.44B +289M +25.2%
2006 1.15B +202M +21.37%
2005 945M +144M +17.93%
2004 802M +81.16M +11.27%
2003 720M +69.63M +10.7%
2002 651M +115M +21.45%
2001 536M +90.17M +20.23%
2000 446M +52.54M +13.37%
1999 393M −27.2M −6.47%
1998 420M +41.59M +10.98%
1997 379M −48.61M −11.38%
1996 427M +1.64M +0.39%
1995 426M +102M +31.6%
1994 323M +42.57M +15.16%
1993 281M −164M −36.81%
1992 445M −602M −57.52%
1991 1.05B −63.17M −5.69%
1990 1.11B

Eastern Asia, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

Source: World Development Indicators (World Bank), license CC BY 4.0.