Commercial service imports in Mongolia
Mongolia: Commercial service imports was 4.89 billion current US$ in 2024. ◆ Volatile
Commercial service imports in Mongolia, 1981–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
Mongolia recorded 4.89 billion current US$ for commercial service imports in 2024. That is the highest value across all 44 years on record.
That represents a change of up 17.8% on the previous year and up 161.3% over ten years.
Over the whole period, commercial service imports in Mongolia peaked at 4.89 billion current US$ in 2024 and was at its lowest, 31.20 million current US$, in 1981.
Mongolia ranks 92nd of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service imports in Mongolia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1981 | 31.20 million current US$ | — |
| 1982 | 39.60 million current US$ | +26.9% |
| 1983 | 42.70 million current US$ | +7.8% |
| 1984 | 40.60 million current US$ | -4.9% |
| 1985 | 39.70 million current US$ | -2.2% |
| 1986 | 191.80 million current US$ | +383.1% |
| 1987 | 203.70 million current US$ | +6.2% |
| 1988 | 220.30 million current US$ | +8.1% |
| 1989 | 218.72 million current US$ | -0.7% |
| 1990 | 134.04 million current US$ | -38.7% |
| 1991 | 56.55 million current US$ | -57.8% |
| 1992 | 54.84 million current US$ | -3.0% |
| 1993 | 58.05 million current US$ | +5.9% |
| 1994 | 88.26 million current US$ | +52.0% |
| 1995 | 87.40 million current US$ | -1.0% |
| 1996 | 108.40 million current US$ | +24.0% |
| 1997 | 100.50 million current US$ | -7.3% |
| 1998 | 143.20 million current US$ | +42.5% |
| 1999 | 136.05 million current US$ | -5.0% |
| 2000 | 157.40 million current US$ | +15.7% |
| 2001 | 197.31 million current US$ | +25.4% |
| 2002 | 260.79 million current US$ | +32.2% |
| 2003 | 328.57 million current US$ | +26.0% |
| 2004 | 427.25 million current US$ | +30.0% |
| 2005 | 392.88 million current US$ | -8.0% |
| 2006 | 409.64 million current US$ | +4.3% |
| 2007 | 456.10 million current US$ | +11.3% |
| 2008 | 616.42 million current US$ | +35.2% |
| 2009 | 558.48 million current US$ | -9.4% |
| 2010 | 768.37 million current US$ | +37.6% |
| 2011 | 1.35 billion current US$ | +76.3% |
| 2012 | 2.06 billion current US$ | +52.1% |
| 2013 | 1.98 billion current US$ | -4.0% |
| 2014 | 1.87 billion current US$ | -5.4% |
| 2015 | 1.38 billion current US$ | -26.1% |
| 2016 | 2.12 billion current US$ | +53.1% |
| 2017 | 2.15 billion current US$ | +1.7% |
| 2018 | 2.58 billion current US$ | +20.0% |
| 2019 | 3.20 billion current US$ | +23.8% |
| 2020 | 2.08 billion current US$ | -34.9% |
| 2021 | 2.47 billion current US$ | +18.4% |
| 2022 | 3.46 billion current US$ | +40.5% |
| 2023 | 4.15 billion current US$ | +19.8% |
| 2024 | 4.89 billion current US$ | +17.8% |
Mongolia compared with similar countries
- Mongolia's 4.89 billion current US$ is above the median for upper middle income countries, which is 3.89 billion current US$, 1.3× the median. (57 countries reporting)
- Mongolia's 4.89 billion current US$ is above the median for East Asia & Pacific, which is 2.40 billion current US$, 2.0× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Commercial service imports in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +383.1% | 39.70 million current US$ | 191.80 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 114.26 million current US$ | 31.20 million current US$ | 220.30 million current US$ | 9 |
| 1990s | 96.73 million current US$ | 54.84 million current US$ | 143.20 million current US$ | 10 |
| 2000s | 380.48 million current US$ | 157.40 million current US$ | 616.42 million current US$ | 10 |
| 2010s | 1.95 billion current US$ | 768.37 million current US$ | 3.20 billion current US$ | 10 |
| 2020s | 3.41 billion current US$ | 2.08 billion current US$ | 4.89 billion current US$ | 5 |
Countries ranked near Mongolia
More private sector data for Mongolia
- Merchandise trade 106.7% (2025)
- Food imports 11.0% (2023)
- Manufactures imports 65.3% (2023)
- Merchandise imports 11.31 billion current US$ (2025)
- Food exports 3.3% (2023)
- Manufactures exports 1.7% (2023)
- Merchandise exports 15.76 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,416 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.6213 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -0.1394 % change on previous year (2025)
Frequently asked questions
- What is commercial service imports in Mongolia?
- Commercial service imports in Mongolia was 4.89 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service imports recorded in Mongolia?
- The highest recorded value was 4.89 billion current US$ in 2024.
- What is the lowest commercial service imports recorded in Mongolia?
- The lowest recorded value was 31.20 million current US$ in 1981.
- How does Mongolia rank for commercial service imports?
- Mongolia ranks 92nd out of 200 countries with data for 2024.
- Is commercial service imports rising or falling in Mongolia?
- Over the last ten years it is up 161.3%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service imports (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.