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Economy, jobs and prices in Khuvsgul, Mongolia: official figures

The economy of Khuvsgul produced 1.35 trillion tugrik (MNT) of gross domestic product in 2025, 1.4% of Mongolia's 93.73 trillion MNT; 8th highest of 22 by size.

Gross regional product
1.35 trillion MNT
2025
GDP per resident
9,785,895 MNT
2025

What is the GDP per person in Khuvsgul?

Dividing 2025 GDP by the 2025 population gives 9,785,895 MNT per resident in Khuvsgul, 2nd lowest of 22 (all of Mongolia: 26,100,706 MNT).

Source: National Statistics Office of Mongolia · saved copy

How fast is the economy of Khuvsgul growing?

GDP in Khuvsgul rose from 627.8 billion MNT in 2019 to 1.35 trillion MNT in 2025, up 115%; 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 Khuvsgul?

Of the 1.35 trillion MNT of GDP in Khuvsgul in 2025, industry made up 24.3%, services 37.6%, agriculture 37.5% and taxes less subsidies on products 0.7%.

Source: National Statistics Office of Mongolia · saved copy

How important is mining in Khuvsgul?

Mining produced 3.4 billion MNT of value in Khuvsgul in 2025, 0.3% of its GDP; manufacturing added 285.8 billion MNT (21.2%) and construction 19.4 billion MNT (1.4%).

Source: National Statistics Office of Mongolia · saved copy

How big is farming in Khuvsgul?

Agriculture was worth 505.5 billion MNT in Khuvsgul in 2025 (37.5% of GDP, 5th highest of 22 on this share): livestock 454.2 billion MNT and crops 47.6 billion MNT.

Source: National Statistics Office of Mongolia · saved copy

What services does the economy of Khuvsgul depend on?

Within services in Khuvsgul in 2025, trade, hotels and restaurants made 89.6 billion MNT, transport, information and communication 6.7 billion MNT, financial and other business activities 102.5 billion MNT and other services 307.8 billion MNT.

Source: National Statistics Office of Mongolia · saved copy

More figures

How Khuvsgul compares with other aimags

GDP per resident (tugrik) (2025)

Khuvsgul ranks 21 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)

Khuvsgul ranks 8 of 22, highest first.

RankRegionGross domestic product (tugrik)
5Tuv1.62 trillion MNT
6Darkhan-Uul1.47 trillion MNT
7Uvurkhangai1.39 trillion MNT
8Khuvsgul1.35 trillion MNT
9Govi-Altai1.25 trillion MNT
10Dornod1.24 trillion MNT
11Arkhangai1.15 trillion MNT
Source: National Statistics Office of Mongolia · saved copy

Agriculture share of GDP (2025)

Khuvsgul ranks 5 of 22, highest first.

RankRegionAgriculture share of GDP
2Bulgan41.4%
3Dundgovi39.0%
4Tuv37.8%
5Khuvsgul37.5%
6Uvurkhangai37.4%
7Bayankhongor32.4%
8Zavkhan29.7%
Source: National Statistics Office of Mongolia · saved copy

More on Khuvsgul: overview · health · education and schools · poverty and living standards · government budget · Mongolia

Sources

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