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Mongolia

Prosperity Summary
63
Current Rank
58
Highest Rank
64
Lowest Rank
61
Average Rank
2016
Largest Climb
2018
Largest Fall
Overall Prosperity

Mongolia is a semi-presidential republic with a population exceeding 3.5 million. It consists of steppe, desert regions, and mountain ranges. The economy is developing and resource-driven with a nominal GDP surpassing $23 billion; major exports include coal, copper concentrates, and cashmere, while imports include petroleum, vehicles, and industrial machinery.

Visit our Rankings Table to see how Mongolia compares to other countries