ULAN BATOR, Sept 28 (NNN-APA) – Mongolia’s economic activity remained robust in the first half of this year, despite weaker mining-sector activity and a deteriorating macroeconomic environment, local media reported today, citing the European Bank for Reconstruction and Development (EBRD).
In its Outlook for Central Asian economies in 2025 and 2026, the EBRD forecasts growth of 5.8 percent for Mongolia’s economy in 2025, and 5.5 percent in 2026, the Eagle News TV channel reported.
Mongolia’s real gross domestic product (GDP) expanded by 5.6 percent in the first half of 2025, driven primarily by a strong rebound in the agriculture sector and continued expansion of the services sector, according to the EBRD.
Currently, Mongolia’s economy depends heavily on the mining sector and on the export of mineral resources. Mining commodities, such as copper, iron ore and unprocessed or semi-processed gold, constituted 93 percent of Mongolia’s total exports during the first eight months of 2025.– NNN-APA
