Economy, jobs and prices in Ulaanbaatar, Mongolia: official figures
The economy of Ulaanbaatar produced 52.23 trillion tugrik (MNT) of gross domestic product in 2025, 55.7% of Mongolia's 93.73 trillion MNT; the highest of 22 by size.
What is the GDP per person in Ulaanbaatar?
Dividing 2025 GDP by the 2025 population gives 29,083,230 MNT per resident in Ulaanbaatar, 3rd highest of 22 (all of Mongolia: 26,100,706 MNT).
Source: National Statistics Office of Mongolia · saved copyHow fast is the economy of Ulaanbaatar growing?
GDP in Ulaanbaatar rose from 21.49 trillion MNT in 2019 to 52.23 trillion MNT in 2025, up 143%; the national figure rose 147%. These are the published values, not adjusted for rising prices.
Source: National Statistics Office of Mongolia · saved copyWhat are the main industries in Ulaanbaatar?
Of the 52.23 trillion MNT of GDP in Ulaanbaatar in 2025, industry made up 19.6%, services 65.6%, agriculture 0.4% and taxes less subsidies on products 14.4%.
Source: National Statistics Office of Mongolia · saved copyHow important is mining in Ulaanbaatar?
Mining produced 2.96 trillion MNT of value in Ulaanbaatar in 2025, 5.7% of its GDP; manufacturing added 2.95 trillion MNT (5.6%) and construction 3.06 trillion MNT (5.9%).
Source: National Statistics Office of Mongolia · saved copyHow big is farming in Ulaanbaatar?
Agriculture was worth 219.2 billion MNT in Ulaanbaatar in 2025 (0.4% of GDP, the lowest of 22 on this share): livestock 141.5 billion MNT and crops 69.7 billion MNT.
Source: National Statistics Office of Mongolia · saved copyWhat services does the economy of Ulaanbaatar depend on?
Within services in Ulaanbaatar in 2025, trade, hotels and restaurants made 9.93 trillion MNT, transport, information and communication 5.26 trillion MNT, financial and other business activities 11.35 trillion MNT and other services 7.74 trillion MNT.
Source: National Statistics Office of Mongolia · saved copyMore figures
- Electricity, gas, steam, water supply and waste management contributed 1.26 trillion MNT to GDP in Ulaanbaatar in 2025, 2.4% of the total. Source: National Statistics Office of Mongolia · saved copy
How Ulaanbaatar compares with other capital cities
GDP per resident (tugrik) (2025)
Ulaanbaatar ranks 3 of 22, highest first. GDP at market prices divided by the 2025 population.
| Rank | Region | GDP per resident (tugrik) |
|---|---|---|
| 1 | Umnugovi | 197,618,423 MNT |
| 2 | Orkhon | 39,258,748 MNT |
| 3 | Ulaanbaatar | 29,083,230 MNT |
| 4 | Govi-Altai | 21,961,338 MNT |
| 5 | Selenge | 21,059,755 MNT |
| 6 | Tuv | 17,207,125 MNT |
| 7 | Dundgovi | 16,359,821 MNT |
Gross domestic product (tugrik) (2025)
Ulaanbaatar ranks 1 of 22, highest first.
| Rank | Region | Gross domestic product (tugrik) |
|---|---|---|
| 1 | Ulaanbaatar | 52.23 trillion MNT |
| 2 | Umnugovi | 15.62 trillion MNT |
| 3 | Orkhon | 4.38 trillion MNT |
| 4 | Selenge | 2.27 trillion MNT |
| 5 | Tuv | 1.62 trillion MNT |
| 6 | Darkhan-Uul | 1.47 trillion MNT |
| 7 | Uvurkhangai | 1.39 trillion MNT |
Agriculture share of GDP (2025)
Ulaanbaatar ranks 22 of 22, highest first.
| Rank | Region | Agriculture share of GDP |
|---|---|---|
| 16 | Govi-Altai | 16.7% |
| 17 | Dornogovi | 12.8% |
| 18 | Govisumber | 9.8% |
| 19 | Darkhan-Uul | 9.4% |
| 20 | Orkhon | 1.5% |
| 21 | Umnugovi | 1.0% |
| 22 | Ulaanbaatar | 0.4% |
More on Ulaanbaatar: overview · education and schools · poverty and living standards · government budget · Mongolia
Sources
- National Statistics Office of Mongolia: Gross domestic product by economic activity, aimags and the Capital, 2019-2025 (table DT_NSO_0500_021V2), read 23 October 2026 · saved copy (SHA-256 64d9158a9a0f…)
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