Kyrgyzstan vs Mongolia: Economic Indicators Comparison

Mongolia with a GDP of $13.1B ranked the 134th largest economy in the world, while Kyrgyzstan ranked 147th with $8.1B. By GDP 5-years average growth and GDP per capita, Mongolia and Kyrgyzstan ranked 39th vs 52nd and 118th vs 166th, respectively.

Gross Domestic Product & Income

StatKyrgyzstanMongolia
GDP$8.1B$13.1B
GDP growth, 1 year3.5%6.9%
GDP growth, 5-years average4.1%4.7%
Population6.2M3.1M
GDP per capita$1.3k$4.1k
GDP per capita growth1.57%5.32%
Purchasing Power Parity conversion factor22.71738.48
Price level ratio of PPP conversion factor GDP to market exchange rate0.330.3
GDP per capita, PPP adjusted$3.8k$13k
GNI, Atlas method$7.7B$11.6B
GNI per capita$1.2k$3.7k
GNI, PPP adjusted$23.9B$39.6B
GNI per capita, PPP adjusted$3.8k$13k

Financial system and Human development

StatKyrgyzstanMongolia
Income Tax Rate10%10%
Corporate Tax Rate10%25%
Inflation, consumer prices1.5%7.7%
Inflation, GDP deflator1.5%8.1%
Unemployment7.2%6.3%
Economic Freedom Index62.955.9
Personal Freedom Index6.567.63
Human Freedom Index6.657.17
Property Rights Index53.650.3
Judical Effectiveness Index31.323
Business Freedom Index73.663.6
Fiscal Health Index66.79.3
Labor Freedom Index79.675.7
Investment Freedom Index6050
Financial Freedom Index5060
Trade Freedom Index79.274
Monetary Freedom Index76.474.2
Government Spending Index58.566.6
Tax Burden Index94.187.4
Government Integrity Index3236.9
Corruption Perceptions Index2937
Life expectancy at birth, years71.269.5
Suicide mortality rate, per 100,000 people8.313
Mortality caused by road traffic injury, per 100,000 people15.416.5
Intentional homicides, per 100,000 people4.26.2
International tourism, number of arrivals423k529k

Government debt & reserves

StatKyrgyzstanMongolia
Central government debt, % of GDP56%73.3%
External debt stocks, % of GNI103%253.9%
External debt stocks$8.1B$29.4B
Short-term debt, % of total reserves21.3%87.3%
Total debt service, % of exports and primary income31.3%101.6%
Adjusted net savings including particulate emission damage, % of GNI12.9%-10.3%
Gross savings, % of GDP28.1%30.3%
Gross capital formation, % of GDP35.4%43.1%
Total reserves including gold$2.2B$3.5B
Foreign direct investment net inflows$144.2M$2B

Exports, imports and economic structure

StatKyrgyzstanMongolia
Exports of goods and services, % of GDP32.7%58.7%
Imports of goods and services, % of GDP68.4%64.2%
Current account balance (balance of payments)-$718.5M-$1.9B
Revenue excluding grants, % of GDP28.6%24.9%
Grants excluding technical cooperation, BoP$384.5M$115.6M
Personal remittances received$2.7B$440.6M
Industry including construction value added, % of GDP27.5%38.7%
Agriculture, forestry and fishing value added, % of GDP11.6%10.8%
Charges for the use of intellectual property, payments BoP$6M$16.1M
Charges for the use of intellectual property, receipts BoP$1.2M$1.4M
Expense, % of GDP26%23.8%
Government Expenditure, % of GDP37.2%33.4%

Compare with countries close by GDP per capita

Kyrgyzstan vs

CountryGDP
per capita
Population
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M

Mongolia vs

CountryGDP
per capita
Population
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k