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Mongolia
Geographical location
Economy and finance
Average monthly income (USD, gross)
$ 425.86 (2017)
Inflation rate
6.8% (2024)
Unemployment rate
5.4% (2024)
Below the poverty line
27.1% (2022)
Gini coefficient
31.4 (2022)
Alcohol consumption per capita (liters per year)
Total quantity
5.46
Beer
2.18
Wine
1.46
Spirits
1.82
Other alcohol
0
Current as of
2019
Population and society
Population size
3 281 676 (2024)
Male population
1 595 596
Female population
1 686 080
Population growth rate
0.78% (2024)
Birth rate (per 1,000 people)
14.9 (2024)
Death rate (per 1,000 people)
6.4 (2024)
Urbanization
69.1% (2023)
Credit ratings
Fitch
B
Moody's
B3
Standard & Poors
B
Current as of
2018
Age-sex pyramid
Phone operating systems
Android
59.85%
iOS
39.78%
Current as of
2025
Internet and telecommunications
Telephone code
+976
Internet domain
.mn
Number of mobile phones (per 100 inhabitants)
15
Internet user penetration
83%
Fixed internet penetration
15%
Current as of
2023
General information
Сontinent
Asia
Time zone
UTC+8
Tier
Tier-3
ISO code
MG
Capital
Ulan Bator
Official language
Mongolian
Tobacco consumption
Total tobacco consumption
28.9%
Smoking men
7.2%
Smoking women
51.9%
Current as of
2025
Area (sq. km)
Total area
1 564 116
Land area
1 553 556
Water area
10 560
Popular payment systems
- PayPal
- Visa
- Mastercard
Popular social networks and messengers
- Facebook
- Instagram
- TikTok
Age structure
0-14 years
25.7%
15-64 years
68.4%
65+ years
5.9%
Current as of
2024
Religion
Main religion
Buddhism
Non-religious
40.6%
Current as of
2020
Last update: 2025-08-15