Official Name: | Mongolia |
Sovereign Status: | Sovereign Country |
Government Type: | Semi-Presidential Republic |
Official Name (Local Language): | Mongol Uls |
ISO Country Codes: | MN : MNG |
Internet Domain: | .mn |
Government Web Site: | https://www.parliament.mn/ |
Capital: | Ulaanbaatar | Main Airports: | Chinggis Khaan International Airport |
Language(s): | Mongolian | Population: | 3,227,863 |
Currency: | Mongolian Tugrik | ISO Currency Code: | MNT |
Telephone Dial In: | +976 | ID Prefix: | 011 |
Government Website: | https://www.parliament.mn/ |
Sovereign Ratings: | https://countryeconomy.com/ratings/mongolia |
Central Bank: | Bank of Mongolia |
GDP: | $39.063 billion (2021 est.) |
GDP Pro Capita (PPP): | $11,700 (2021 est.) |
Currency & USD Exchange Rate: | Mongolian Tugrik |
Currency Code: | MNT |
World Bank Classification: | Lower-Middle Income Economy |
GDP Composition:
Agriculture: | 14.6% | wheat, barley, vegetables, forage crops; sheep, goats, cattle, camels, horses |
Industry: | 35.1% | construction and construction materials; mining (coal, copper, molybdenum, fluorspar, tin, tungsten, gold); oil; food and beverages; processing of animal products, cashmere and natural fiber manufacturing |
Services: | 50.3% |
Subject to Country Specific Sanctions? NO
The World Bank’s World Integrated Trade Solution
Business Language(s): | Mongolian; Russian |
Customs & Excise: | Mongolian Customs |
Development Bank(s): | Asian Development Bank; Asian Infrastructure Investment Bank; Development Bank of Mongolia; The European Bank for Reconstruction and Development; |
Competitive Ind’l Performance: 102/141 (2019) | Corruption Perceptions Index: 116/180 (2022 Rank) |
Ease of Doing Business: N/A | Enabling Trade Index: 119/136 (2016) |
Global Trade Alert | Search ITC's Lega Carta |
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Investment Agency: Invest Mongolia Agency ;
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FIATA Members
Mongolian National Chamber of Commerce and Industry - MNCCI
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British Chambers of Commerce Overseas No resources available |
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Joint-Venture Chambers of Commerce |
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Mongolian British Chamber of Commerce The MBCC is a not-for-profit membership organisation established in 2009 to foster strong business links between Mongolia and the UK. It aims to provide a professional and social environment for business people who wish to be introduced to, and become part of, the British-Mongolian business culture and community. |
British Representation Overseas |
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The British Embassy in Mongolia |
Department for International Trade Mongolia |
Foreign Representation in the U.K. |
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Embassy of Mongolia EmbassyPages |
Bangor Honorary Consulate |
Glasgow Honorary Consulate EmbassyPages |