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INDUSTRIAL COMPOSITION OF GROSS DOMESTIC PRODUCT, by economic activity, and by year by Economic activity and Year

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Variable overview
Economic activity
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Year
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Meta information:

Description:
Gross Domestic Product (GDP) is the sum of value added of all economic activities produced within a country’s territory during the course of one year. GDP can be measured in three ways.
Methodology name
Methodology for GDP (Order А/219 of Chairperson of NSO on December on 26, 2017)
About table
Calculation method
The production approach consists of summing the gross value added of all industries and subtracting intermediate consumption. The expenditure approach is the value of final consumption expenditure, gross capital formation and net exports of goods and services (exports less imports). And finally, the income approach consists of summing the compensation of employees, consumption of fixed capital, net taxes on production and imports (taxes less subsidies on production and imports) and net operating surplus or mixed income during the accounting period.
Information updated date
9/4/2026
Measurement
percent
Calculation of parameters frequency
Жил / Annual
Next update
2/26/2027
Creation date
9/3/2024
Source
Annual Business Activity Survey (AANB-2), financial statements of enterprises from the Ministry of Finance, tax database of the General Department of Taxation, customs database of the General Administration of Customs, VAT revenue reports, official and administrative data from institutions such as the Bank of Mongolia and the Financial Regulatory Commission, monthly, quarterly, and annual data from the Household Socio-Economic Survey and sectoral statistics, as well as price index data.
More meta data information
Following the compilation of the Supply and Use Table (SUT) based on the 2024 actual results, the time series from 2019 onwards were revised accordingly. Click for more metadata information