All Countries
Mongolia
Mongolia · MNG · East Asia
25
Risk Score
Guarded→ Stable
Risk Factors
No recent events in pipeline
Overview
Mongolia is a landlocked country in East Asia, characterized by its vast steppes, nomadic culture, and rich mineral resources. It is a semi-presidential republic with an economy heavily reliant on mining, particularly coal and copper. The nation is working to diversify its economy and improve infrastructure connectivity.
Leadership
Ukhnaagiin Khürelsükh
President
Government: Semi-Presidential Republic
Luvsannamsrain Oyun-Erdene
Battsetseg Batmunkh
Bold Javkhlan
Economy
GDP
$25.0B
GDP per Capita
$7.0K
GDP Growth
+5.0%
Inflation
7.0%
Unemployment
6.0%
Mining (coal, copper, gold)LivestockAgricultureServices
Trade
Key Exports
CoalCopper concentrateGoldCrude oil
Key Imports
Petroleum productsMachinery and equipmentVehiclesFoodstuffs
Top Partners
ChinaRussiaSouth KoreaJapanUS
Headlines (6)
thebusinessjournal12h ago