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ARTICLE · 04 FEBRUARY 2020

Doing Business In Mongolia

Tremendous mineral reserves, agricultural endowments, and proximity to Asia's vast markets make Mongolia an attractive destination for medium- to long-term foreign direct investment (FDI).

MongoliaCorporate/Commercial Law

Business Climate

Tremendous mineral reserves, agricultural endowments, and proximity to Asia's vast markets make Mongolia an attractive destination for medium- to long-term foreign direct investment (FDI).The Gross Domestic Product (GDP) in Mongolia was worth 13.01 billion US dollars in 2018. The GDP value of Mongolia represents 0.02 percent of the world economy. GDP in Mongolia averaged 4.44 USD Billion from 1981 until 2018, reaching an all the time high of 13.01 USD Billion in 2018 and a record low of 0.77 USD Billion in 1993.

  • Diversified and growing market exists in Mongolia;
  • Technology Innovation Hub;
  • Large mineral resource base that can be leveraged for value added processing;

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