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Mongolia’s economic growth will be healthy in 2020, albeit at a slightly lower pace. The deceleration is due to slower export growth in the mining sector resulting from lower coal and copper prices. The economy is largely reliant on natural resources, with most of it directed towards China. The bulk of foreign direct investment inflows have been in the mining industry. Real GDP growth will rise by 5.1% in 2021, before rising to 6.0 in 2023 and then falling to 5.0% by 2024-2027.
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Euromonitor International Country Profiles are a one-stop-shop for a data and analysis on the economic and political situation in 210 countries and associated regions.
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Mongolia: Country Profile
KEY POINTS
FACTS
Area
Currency
Location
Capital
GOVERNMENT
Head of State
Head of Government
Ruling Party
Political Structure
Last Elections
Political Stability and Risks
International Issues
ECONOMY
Economic Structure and Major Industries
Overview of the Economy
Economic Prospects
Evaluation of Market Potential
BUSINESS ENVIRONMENT
ENERGY
Why buy this report?
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.