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Economy, jobs and prices in Bayan-Ulgii, Mongolia: official figures

The economy of Bayan-Ulgii produced 921.3 billion tugrik (MNT) of gross domestic product in 2025, 1.0% of Mongolia's 93.73 trillion MNT; 5th lowest of 22 by size.

Gross regional product
921.3 billion MNT
2025
GDP per resident
7,719,445 MNT
2025

What is the GDP per person in Bayan-Ulgii?

Dividing 2025 GDP by the 2025 population gives 7,719,445 MNT per resident in Bayan-Ulgii, the lowest of 22 (all of Mongolia: 26,100,706 MNT).

Source: National Statistics Office of Mongolia · saved copy

How fast is the economy of Bayan-Ulgii growing?

GDP in Bayan-Ulgii rose from 384.1 billion MNT in 2019 to 921.3 billion MNT in 2025, up 140%; the national figure rose 147%. These are the published values, not adjusted for rising prices.

Source: National Statistics Office of Mongolia · saved copy

What are the main industries in Bayan-Ulgii?

Of the 921.3 billion MNT of GDP in Bayan-Ulgii in 2025, industry made up 20.5%, services 51.9%, agriculture 24.7% and taxes less subsidies on products 3.0%.

Source: National Statistics Office of Mongolia · saved copy

How important is mining in Bayan-Ulgii?

Mining produced 6.3 billion MNT of value in Bayan-Ulgii in 2025, 0.7% of its GDP; manufacturing added 128.3 billion MNT (13.9%) and construction 35.8 billion MNT (3.9%).

Source: National Statistics Office of Mongolia · saved copy

How big is farming in Bayan-Ulgii?

Agriculture was worth 227.3 billion MNT in Bayan-Ulgii in 2025 (24.7% of GDP, 11th lowest of 22 on this share): livestock 198.7 billion MNT and crops 19.9 billion MNT.

Source: National Statistics Office of Mongolia · saved copy

What services does the economy of Bayan-Ulgii depend on?

Within services in Bayan-Ulgii in 2025, trade, hotels and restaurants made 108.5 billion MNT, transport, information and communication 23.2 billion MNT, financial and other business activities 60.4 billion MNT and other services 285.7 billion MNT.

Source: National Statistics Office of Mongolia · saved copy

More figures

How Bayan-Ulgii compares with other aimags

GDP per resident (tugrik) (2025)

Bayan-Ulgii ranks 22 of 22, highest first. GDP at market prices divided by the 2025 population.

RankRegionGDP per resident (tugrik)
16Khovd12,264,510 MNT
17Uvurkhangai12,059,756 MNT
18Zavkhan11,715,722 MNT
19Uvs11,166,113 MNT
20Bayankhongor10,791,928 MNT
21Khuvsgul9,785,895 MNT
22Bayan-Ulgii7,719,445 MNT
Source: National Statistics Office of Mongolia · saved copy

Gross domestic product (tugrik) (2025)

Bayan-Ulgii ranks 18 of 22, highest first.

RankRegionGross domestic product (tugrik)
15Bayankhongor964.1 billion MNT
16Uvs953.5 billion MNT
17Bulgan934.2 billion MNT
18Bayan-Ulgii921.3 billion MNT
19Sukhbaatar870.0 billion MNT
20Zavkhan832.4 billion MNT
21Dundgovi762.0 billion MNT
Source: National Statistics Office of Mongolia · saved copy

Agriculture share of GDP (2025)

Bayan-Ulgii ranks 12 of 22, highest first.

RankRegionAgriculture share of GDP
9Khentii29.6%
10Uvs28.1%
11Khovd27.9%
12Bayan-Ulgii24.7%
13Dornod24.5%
14Selenge21.5%
15Sukhbaatar20.1%
Source: National Statistics Office of Mongolia · saved copy

More on Bayan-Ulgii: overview · health · education and schools · poverty and living standards · government budget · Mongolia

Sources

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