Mongolia In-depth PEST Insights

This PEST country analysis report on Mongolia provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.


– Understand the political system in Mongolia through analysis of key figures in the country and governance indicators.

– Understand the economic situation in Mongolia through a balanced assessment of core macroeconomic issues.

– Understand customer demographics in Mongolia through analysis of income distribution and the rural-urban split, as well as healthcare and education.

– Understand the technological landscape in Mongolia through analysis of relevant laws and policies, as well as patents data.


– The political landscape section discusses the evolution of the political scenario in Mongolia, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.

– The economic landscape section outlines the evolution of Mongolia's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment."

– The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education.

Reasons to buy

- What is the outlook in Mongolia in terms of political stability, policies towards business, and the popularity of the government?

- How does Mongolia perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment?

- How does Mongolia perform in terms of healthcare, income distribution, and education?

- How does Mongolia perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends?

Table of Contents

Table of Contents


1.1. Catalyst

1.2. Summary

1.2.1. Key highlights

1.3. Key developments in October 2020 - September 2021

1.4. Recovery of the economy from the COVID-19 crisis

1.4.1. Snapshot

1.4.2. Vaccination rollout

1.4.3. Government measures

1.4.4. Impact on the economy

1.5. Key facts

1.6. Geographical location


2.1. Summary

2.2. Evolution

2.3. Structure and policies

2.3.1. Key political figures

2.3.2. Structure of government

2.4. Key policies

2.4.1. Economic

2.4.2. Foreign and defense policies

2.5. Performance

2.5.1. Governance indicators


3.1. Summary

3.2. Evolution

3.3. Structure and policies

3.3.1. Financial system

3.4. Performance

3.4.1. GDP and growth rate

3.4.2. Fiscal situation

3.4.3. International investment position


4.1. Summary

4.2. Evolution

4.3. Structure and policies

4.3.1. Demographic composition

4.3.2. Education

4.3.3. Healthcare

4.3.4. Social welfare

4.4. Performance

4.4.1. Healthcare

4.4.2. Income Distribution

4.4.3. Education


5.1. Summary

5.2. Evolution

5.3. Structure and policies

5.3.1. Intellectual property

5.3.2. Research and development

5.4. Performance


6.1. Ask the analyst

6.2. About MarketLine

6.3. Disclaimer

List of Tables

List of Tables

Table 1: Mongolia – key facts, 2021

Table 2: Mongolia – mid-year population by age (% of total population), 2020

List of Figures

List of Figures

Figure 1: Map of Mongolia, 2021

Figure 2: Mongolia – key political events timeline

Figure 3: Mongolia – key political figures

Figure 4: Mongolia – distribution of seats by political party, 2020

Figure 5: Mongolia – evolution of the GDP growth rate (%), 2011-2020

Figure 6: Mongolia – GDP and GDP growth rate (constant prices), 2016-2025f

Figure 7: Mongolia – sector-specific GDP, 2020

Figure 8: Mongolia – agricultural output (MNT trillion/%), 2016-2021f

Figure 9: Mongolia – industrial output (MNT trillion/%), 2016-2021f

Figure 10: Mongolia – services output (MNT trillion/%), 2016-2021f

Figure 11: Mongolia – general government net lending/borrowing (MNT trillion/% of GDP), 2016-2025f

Figure 12: Mongolia – current account balance ($ billion/% of GDP), 2016-2025f

Figure 13: Mongolia – volume of exports and imports of goods and services growth (%), 2016-2021f

Figure 14: Mongolia – general government gross debt ($ billion/% of GDP), 2016-2025f

Figure 15: Mongolia – consumer price index and CPI-based inflation, 2016-2025f

Figure 16: Mongolia – unemployment rate (%), 2016-2025f

Figure 17: Mongolia – major religions (%), 2010

Figure 18: Mongolia – expenditure on healthcare ($ billion/%), 2011-2020

Figure 19: Mongolia – internet users (millions/%), 2016-2020


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