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Mongolia's GDP up 5.9 pct in Q3 www.xinhuanet.com
Mongolia's gross domestic product (GDP) grew 5.9 percent year on year in the third quarter of 2025, official data released by the country's National Statistics Office (NSO) showed Monday.
The Asian country's GDP totaled 60.1 trillion Mongolian tugriks (16.8 billion U.S. dollars) in the January-September period, and the growth was mainly attributed to good performance in the agricultural, manufacturing, construction and mining sectors, the NSO said.
Mongolia's GDP grew 5.6 percent in the first half of 2025, earlier data showed.
Meanwhile, the Asian Development Bank (ADB) has predicted that Mongolia's economy is expected to grow at 5.7 percent in both 2025 and 2026.
According to the ADB, Mongolia's economic growth is expected to be driven this year by a recovery in livestock numbers and ramp-up of the Oyu Tolgoi underground mine.
Published Date:2025-11-17
