Lesotho vs Mongolia: Economic Indicators Comparison

Mongolia with a GDP of $13.1B ranked the 134th largest economy in the world, while Lesotho ranked 169th with $2.7B. By GDP 5-years average growth and GDP per capita, Mongolia and Lesotho ranked 39th vs 143rd and 118th vs 165th, respectively.

Gross Domestic Product & Income

StatLesothoMongolia
GDP$2.7B$13.1B
GDP growth, 1 year1.5%6.9%
GDP growth, 5-years average1.7%4.7%
Population2.2M3.1M
GDP per capita$1.3k$4.1k
GDP per capita growth0.33%5.32%
Purchasing Power Parity conversion factor5.35738.48
Price level ratio of PPP conversion factor GDP to market exchange rate0.40.3
GDP per capita, PPP adjusted$3.4k$13k
GNI, Atlas method$2.9B$11.6B
GNI per capita$1.4k$3.7k
GNI, PPP adjusted$7.8B$39.6B
GNI per capita, PPP adjusted$3.7k$13k

Financial system and Human development

StatLesothoMongolia
Income Tax Rate35%10%
Corporate Tax Rate25%25%
Inflation, consumer prices5.2%7.7%
Inflation, GDP deflator4.4%8.1%
Unemployment23.6%6.3%
Economic Freedom Index54.555.9
Personal Freedom Index6.127.63
Human Freedom Index6.167.17
Property Rights Index45.250.3
Judical Effectiveness Index4723
Business Freedom Index52.863.6
Fiscal Health Index60.39.3
Labor Freedom Index58.875.7
Investment Freedom Index5550
Financial Freedom Index4060
Trade Freedom Index82.274
Monetary Freedom Index75.774.2
Government Spending Index34.466.6
Tax Burden Index7387.4
Government Integrity Index29.636.9
Corruption Perceptions Index4137
Life expectancy at birth, years52.969.5
Suicide mortality rate, per 100,000 people21.213
Mortality caused by road traffic injury, per 100,000 people28.916.5
Intentional homicides, per 100,000 people41.36.2
International tourism, number of arrivals1.2M529k

Government debt & reserves

StatLesothoMongolia
Central government debt, % of GDP39%73.3%
External debt stocks, % of GNI29.2%253.9%
External debt stocks$914.8M$29.4B
Short-term debt, % of total reserves0.1%87.3%
Total debt service, % of exports and primary income3.6%101.6%
Adjusted net savings including particulate emission damage, % of GNI8.2%-10.3%
Gross savings, % of GDP18.1%30.3%
Gross capital formation, % of GDP22%43.1%
Total reserves including gold$728.5M$3.5B
Foreign direct investment net inflows$39.6M$2B

Exports, imports and economic structure

StatLesothoMongolia
Exports of goods and services, % of GDP43.8%58.7%
Imports of goods and services, % of GDP84.2%64.2%
Current account balance (balance of payments)-$4M-$1.9B
Revenue excluding grants, % of GDP33.8%24.9%
Grants excluding technical cooperation, BoP$133M$115.6M
Personal remittances received$629.4M$440.6M
Industry including construction value added, % of GDP35.5%38.7%
Agriculture, forestry and fishing value added, % of GDP6%10.8%
Charges for the use of intellectual property, payments BoP$3.3M$16.1M
Charges for the use of intellectual property, receipts BoP$219k$1.4M
Expense, % of GDP35.2%23.8%
Government Expenditure, % of GDP46.8%33.4%

Compare with countries close by GDP per capita

Lesotho vs

CountryGDP
per capita
Population
India
$2k
1.33B
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
Kyrgyzstan
$1.3k
6.2M
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

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