Click here to read Rabobank's economic vision for this country. The information and publications in this tab are prepared and made available by third parties and are only available in English. No rights can be derived. Rabobank is not responsible or liable for the information and publications. Click here for the full disclaimer.


Capital: Ulaan Baatar


Total Population: 3,027,398
Natural Increase: 1.7%
Density: 2 Inhabitants/km²
Urban Population: 72.8%
Ethnic Origins: About 95% Mongol (of which over 80% are Khalkha) and about 15% Turkic (mostly Kazakh) and other (including Chinese and Russian)
Official Language: Mongolian
Other Languages Spoken: Kalmyk-Oirat, Buriat, Chinese, Kazakh, Tuvin.
Business Language(s): English
Religion: Buddhist Lamaist 50%, Shamanist and Christian 6%, Muslim 4%, Others 40%.
Literacy Rate: 97.8%
National Currency: Mongolian Tugrik (MNT)
Exchange rate (average of the last 30 days):
1 MNT = 0.0004 EUR

Country Overview

Area: 1,564,120 km²
Type of State: Parliamentary Democratic Republic.
Type of Economy: Low-income economy.
The mining sector and the textile industry play the greatest part.
HDI*: 0.727/1
HDI (World Rank): 90/188

Note: (*) The HDI, Human Development Index, is an Indicator Which Synthesizes Several Data Such as Life Expectancy, Level of Education, Professional Careers, Access to Culture etc.


Telephone Code:
To call from Mongolia, dial 00
To call Mongolia, dial +976
Internet Suffix: .mn
Computers: 13.9 per 100 Inhabitants
Telephone Lines: 6.2 per 100 Inhabitants
Internet Users: 16.4 per 100 Inhabitants
Access to Electricity: 89.76% of the Population

Foreign Trade in Figures

Foreign Trade Indicators 20122013201420152016
Imports of Goods (million USD) 6,7386,3585,2373,7973,358
Exports of Goods (million USD) 4,3854,2695,7754,6704,917
Imports of Services (million USD) 2,0482,0192,1391,5201,944
Exports of Services (million USD) 959707573646801

Source: WTO – World Trade Organisation, 2017


© Export Entreprises SA, All Rights Reserved.
Last Updates: June 2018