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Mongolia

Mongolia · MNG · East Asia

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

Mongolia is a vast, landlocked East Asian nation known for its nomadic culture and rich mineral resources, particularly copper, coal, and gold. The country has transitioned to a democratic system, but its economy remains heavily reliant on commodity exports to China, making it vulnerable to global price fluctuations.

Leadership

Ukhnaagiin Khürelsükh

President

GOVERNMENT: Semi-Presidential Republic

Economy

GDP

$25.0B

GDP per Capita

$7.5K

GDP Growth

+6.0%

Inflation

7.0%

Unemployment

6.0%

Mining (copper, coal, gold)Livestock and agricultureServices

Trade

Key Exports

CoalCopper concentrateGoldCrude petroleumAnimal products

Key Imports

Petroleum productsMachinery and equipmentVehiclesFoodstuffs

Top Partners

ChinaRussiaSouth KoreaJapanUnited States

Headlines (8)

menafn13h ago

Environment Minister Bhupender Yadav Reaches Mongolia For COP17

yonhapnews13h ago

S. Korean women's badminton doubles team captures world title

latestnigeriannews13h ago

From Nigeria to Asian Steppes stories of survival, soil and hope in Mongolia

naijaonpoint_ng13h ago

UN Deputy Secretary-General set to visit India with focus on sustainable development

scmp14h ago

Why Chinese media says US historians are giving ‘ammunition’ to separatists

turkmenistannews14h ago

China Focus: Retired U.S. teacher begins China visit to renew friendship kindled in classroom, taming of desert

vogue14h ago

For her wedding in New Delhi, the bride embroidered her love story onto her Kresha Bajaj ensemble

ommcomnews14h ago