Travel services in Mongolia
Mongolia: Travel services was 39.7% in 2024. ◆ Volatile
Travel services in Mongolia, 1981–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
Mongolia recorded 39.7% for travel services in 2024.
That represents a change of up 18.5% on the previous year and up 11.7% over ten years.
Over the whole period, travel services in Mongolia peaked at 72.5% in 2002 and was at its lowest, 2.5%, in 2021.
That places Mongolia 94th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Travel services in Mongolia, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1981 | 8.6% | — |
| 1982 | 7.4% | -13.5% |
| 1983 | 6.5% | -12.3% |
| 1984 | 6.8% | +5.1% |
| 1985 | 4.6% | -33.3% |
| 1986 | 4.2% | -8.9% |
| 1987 | 5.3% | +27.0% |
| 1988 | 5.1% | -3.6% |
| 1989 | 12.1% | +137.5% |
| 1990 | 10.4% | -14.0% |
| 1992 | 11.2% | +8.0% |
| 1993 | 14.2% | +26.7% |
| 1994 | 19.1% | +34.5% |
| 1995 | 43.6% | +127.7% |
| 1996 | 23.2% | -46.7% |
| 1997 | 24.9% | +7.3% |
| 1998 | 46.8% | +87.9% |
| 1999 | 47.9% | +2.5% |
| 2000 | 48.6% | +1.4% |
| 2001 | 36.0% | -25.9% |
| 2002 | 72.5% | +101.5% |
| 2003 | 70.5% | -2.8% |
| 2004 | 56.3% | -20.2% |
| 2005 | 43.2% | -23.2% |
| 2006 | 46.6% | +7.9% |
| 2007 | 53.7% | +15.3% |
| 2008 | 47.8% | -11.1% |
| 2009 | 56.6% | +18.6% |
| 2010 | 50.6% | -10.7% |
| 2011 | 30.2% | -40.3% |
| 2012 | 27.4% | -9.2% |
| 2013 | 28.8% | +4.8% |
| 2014 | 35.5% | +23.6% |
| 2015 | 35.8% | +0.7% |
| 2016 | 39.6% | +10.7% |
| 2017 | 41.1% | +3.6% |
| 2018 | 39.9% | -2.7% |
| 2019 | 41.8% | +4.6% |
| 2020 | 4.5% | -89.2% |
| 2021 | 2.5% | -43.8% |
| 2022 | 22.2% | +775.3% |
| 2023 | 33.5% | +51.3% |
| 2024 | 39.7% | +18.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.7% | 4.2% | 12.1% | 9 |
| 1990s | 26.8% | 10.4% | 47.9% | 9 |
| 2000s | 53.2% | 36.0% | 72.5% | 10 |
| 2010s | 37.1% | 27.4% | 50.6% | 10 |
| 2020s | 20.5% | 2.5% | 39.7% | 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 travel services in Mongolia?
- Travel services in Mongolia was 39.7% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Mongolia?
- The highest recorded value was 72.5% in 2002.
- What is the lowest travel services recorded in Mongolia?
- The lowest recorded value was 2.5% in 2021.
- How does Mongolia rank for travel services?
- Mongolia ranks 94th out of 198 countries with data for 2024.
- Is travel services rising or falling in Mongolia?
- Over the last ten years it is up 11.7%. 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 Travel services (% of commercial service exports). Statizoid updates them automatically from the source API.
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.