Service exports — all countries

Service exports — Mongolia

Service exports in Mongolia in 2024 — 1,604,320,259 US$. Ranked 115 in the world out of 165. Since 1981, the indicator has risen by 4,201.1%.

2024 1.6B US$ +1.09% vs 2023
World rank 115of 165
Period maximum 1.6B US$2024
Period minimum 26M US$1993

Trend over time

1981–2024 · US$

Service exports — Mongolia, 1981–20240500M1B1.5B2B19811986199119962001200620112016202120241981: 37,300,000 US$1982: 48,500,000 US$1983: 55,300,000 US$1984: 52,600,000 US$1985: 70,100,000 US$1986: 84,200,000 US$1987: 89,000,000 US$1988: 94,300,000 US$1989: 36,400,000 US$1990: 48,100,000 US$1991: 26,500,000 US$1992: 34,800,000 US$1993: 26,000,000 US$1994: 45,400,000 US$1995: 57,300,000 US$1996: 55,700,000 US$1997: 52,700,000 US$1998: 77,900,000 US$1999: 71,000,000 US$2000: 77,510,388 US$2001: 113,542,683 US$2002: 184,539,039 US$2003: 207,920,337 US$2004: 338,231,513 US$2005: 414,441,959 US$2006: 485,803,490 US$2007: 573,790,761 US$2008: 519,390,372 US$2009: 417,598,386 US$2010: 485,808,270 US$2011: 520,940,378 US$2012: 651,533,811 US$2013: 688,763,054 US$2014: 607,007,303 US$2015: 688,847,635 US$2016: 800,883,305 US$2017: 966,340,993 US$2018: 1,157,453,273 US$2019: 1,232,732,096 US$2020: 654,919,699 US$2021: 814,472,603 US$2022: 1,135,118,136 US$2023: 1,586,970,394 US$2024: 1,604,320,259 US$
Change over the period: +1.57B (+4,201.13%) Average annual rate: 9.14 %

Comparison, 2024

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

Mongolia 1.6B US$
World 8.85T US$
Eastern Asia computed 870B US$
Lower-middle-income countries computed 639B US$
Service exports — Mongolia, by year Mongolia All countries CSV XLSX
Year US$ Change Change, %
2024 1.6B +17.35M +1.09%
2023 1.59B +452M +39.81%
2022 1.14B +321M +39.37%
2021 814M +160M +24.36%
2020 655M −578M −46.87%
2019 1.23B +75.28M +6.5%
2018 1.16B +191M +19.78%
2017 966M +165M +20.66%
2016 801M +112M +16.26%
2015 689M +81.84M +13.48%
2014 607M −81.76M −11.87%
2013 689M +37.23M +5.71%
2012 652M +131M +25.07%
2011 521M +35.13M +7.23%
2010 486M +68.21M +16.33%
2009 418M −102M −19.6%
2008 519M −54.4M −9.48%
2007 574M +87.99M +18.11%
2006 486M +71.36M +17.22%
2005 414M +76.21M +22.53%
2004 338M +130M +62.67%
2003 208M +23.38M +12.67%
2002 185M +71M +62.53%
2001 114M +36.03M +46.49%
2000 77.51M +6.51M +9.17%
1999 71M −6.9M −8.86%
1998 77.9M +25.2M +47.82%
1997 52.7M −3M −5.39%
1996 55.7M −1.6M −2.79%
1995 57.3M +11.9M +26.21%
1994 45.4M +19.4M +74.62%
1993 26M −8.8M −25.29%
1992 34.8M +8.3M +31.32%
1991 26.5M −21.6M −44.91%
1990 48.1M +11.7M +32.14%
1989 36.4M −57.9M −61.4%
1988 94.3M +5.3M +5.96%
1987 89M +4.8M +5.7%
1986 84.2M +14.1M +20.11%
1985 70.1M +17.5M +33.27%
1984 52.6M −2.7M −4.88%
1983 55.3M +6.8M +14.02%
1982 48.5M +11.2M +30.03%
1981 37.3M

Eastern Asia, 2024

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

About the indicator

Exports of services: travel and tourism, transport, communications, insurance, financial and business services, royalties, computer and information services. For dozens of countries this flow is larger than merchandise exports, and not only for the obvious tourist destinations: India, Ireland and the Philippines ended up near the top of the list on software and business services. Services, unlike goods, do not pass through customs, so they are estimated from banking and survey statistics and are measured less precisely.

Important: It serves as the denominator for the share of ICT services in service exports. It excludes investment income and compensation of employees — those are counted separately, in the primary income account.

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