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 is worth 16.20
billion US dollars in 2020. 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. The significant features and advantages of Mongolia:
- Diversified and growing market exists in Mongolia;
- Technology Innovation Hub;
- Large mineral resource base that can be leveraged for value
added processing;
