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Mongolia FlagMongolia

He Who Wants To Build High Must Dig Deep.

 

General


Population: 3,133,318 (2011)
Land Area: 1,564,116 sq km
Natural Resources: Oil, coal, copper, molybdenum, tungsten, phosphates, tin, nickel, zinc, fluorspar, gold, silver, iron
Capital: Ulaanbaatar
Political System: Mixed Parliamentary/Presidential
State Leader: Tsakhiagiin Elbegdorj (2009)
Head of Government: Sukhbaatar Batbold (2009)
Languages: Khalkha Mongol, Turkic, Russian
Currency: Togrog (MNT)
Major Religions: Buddhist Lamaist 50%, Shamanist and Christian 6%, Muslim 4%, None 40%
Major Ethnicities: Mongol 94.9%, Turkic 5%, Other 0.1%
Life Expectancy: 68.31 years (2011)

Economy


GDP Official Exchange Rate: 5.807 billion (2010)
GDP Purchasing Power Parity: 10.08 billion (2010)
GDP Per Capita (PPP): 3,300 (2010)
GDP Growth Rate: 6.1% (2010)
GDP Structure: Agriculture 15%, Industry 31%, Services 54% (2011)
Labour Force By Occupation: Agriculture 34%, Industry 5%, Services 61% (2008)
Industries: Construction and construction materials, mining, oil, food and beverages, processing of animal products, cashmere and natural fiber manufacturing
Agriculture Products: Wheat, barley, vegetables, forage crops; sheep, goats, cattle, camels, horses
Human Development Index: 0.653 (110th)
Tourism Revenue: 205 million (2004)
Unemployment Rate: 11.5% (2009)

MilitaryMongolia Map


Army Size: 8 600 (2004)
Budget: 1.4% of GDP (2006)

Current Situation

 

Mongolia is located in Central Asia. Mongolia is bordered by China and Russia. Mongolia's economy is based largely on the agricultural and mining sectors. GDP growth is high, however a majority of Mongolia's people are still nomadic or semi-nomadic.

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Sources

CIA World Factbook: Mongolia
Wikipedia: Mongolia
http://hdrstats.undp.org/en/countries/profiles/MNG.html

Updated on: December 25, 2011