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Mongolia

Mongolia · MNG · East Asia

25

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

A vast, landlocked country in East Asia, Mongolia is rich in mineral resources, particularly coal, copper, and gold. Its economy is heavily dependent on mining exports to China, while it navigates geopolitical complexities between its two large neighbors, Russia and China.

Leadership

Ukhnaagiin Khürelsükh

President

GOVERNMENT: Semi-Presidential Republic

Luvsannamsrain Oyun-Erdene

Battsetseg Batmunkh

Bold Javkhlan

Economy

GDP

$25.0B

GDP per Capita

$7.5K

GDP Growth

+5.0%

Inflation

7.0%

Unemployment

6.0%

Mining (coal, copper, gold)Livestock and agricultureServices

Trade

Key Exports

CoalCopper concentrateGoldCrude oilAnimal products

Key Imports

Petroleum productsMachinery and equipmentVehiclesFoodstuffs

Top Partners

ChinaRussiaSouth KoreaJapanUS