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Mongolia joined the World Trade Organization (WTO) in 1997. [16] The international donor community pledged over $300 million per year in the last Consultative Group Meeting, held in Ulaanbaatar in June 1999. Recently, the Mongolian economy has grown at a fast pace due to an increase in mining and Mongolia attained a GDP growth rate of 11.7% in ...
Rank Region GDP per capita in MNT (Nominal) GDP per capita in USD (PPP) % of national average 1 Ömnögovi 39,223,310 $35,285 243.3% 2 Orkhon 31,545,390 $28,378
This is an alphabetical list of countries by past and projected gross domestic product (nominal) as ranked by the IMF. Figures are based on official exchange rates, not on the purchasing power parity (PPP) methodology.
On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. [5] The rankings of national economies over time have changed considerably; the economy of the United States surpassed the British Empire's output around 1916, [6] which in turn had surpassed the economy of the Qing dynasty in aggregate output decades earlier.
Mongolia's economic development under communist control can be divided into three periods: 1921–1939; 1940–1960; and 1961 to the present. During the first period, which the Mongolian government called the stage of "general democratic transformation," the economy remained primarily agrarian and underdeveloped.
This is an alphabetical list of countries by past and projected gross domestic product per capita, based on official exchange rates, not on the purchasing power parity (PPP) methodology.
Interactive maps, databases and real-time graphics from The Huffington Post
International Monetary Fund: GDP (nominal) per capita 2006, ranked 125 out of 182 countries; International Monetary Fund: GDP (nominal) 2006, ranked 146 out of 181 countries; World Economic Forum: Global Competitiveness Index 2006-2007, ranked 92 out of 125 countries