Mongolia is an attractive environment for medium and long-term
foreign direct investment (FDI) due to its vast natural resources,
vast agricultural potential, and geographical proximity to major
Asian markets. Mongolia's gross domestic product (GDP) is 9.2
trillion MNT or 3.2 billion USD as of the 1st (first) quarter of
2021. Mongolia's GDP averaged $ 4.44 billion from 1981 until
2018, reached the highest record of $ 13.01 billion in
2018.
Mongolia is a country with a rich mineral resources, which is a
attractive environment for foreign direct investment, and the
Government of Mongolia is dedicated to attract more foreign
investment and use all of its mineral resources. As shown in the
diagram, 70 percent of foreign investment is in the mining sector,
and the remaining 30 percent is in trade, food, banking and
financial service, and other sectors.
