Economic growth in Mongolia has been robust but uneven, with the mining sector driving the economy while the non-mining sector lags. Growth reached 6.2 percent in the first half of 2023 (up from 5.0 percent in 2022), with more recent higher frequency data suggesting that this momentum has been kept in the third quarter. The acceleration in growth has been uneven, mainly driven by robust growth of the mining sector, which strongly rebounded from its...
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2023/11/28
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186065
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2023/11/28
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Mongolia Economic Update - Robust but Unbalanced Growth
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Citation
Diaz Sanchez,Jose Luis; Batmunkh,Undral; Enkhtuya,Dulmaa; Twum,Anna Godfriedovna Okutu.
Mongolia Economic Update - Robust but Unbalanced Growth (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099820111282316793