Mongolia, with a population of around 3.4 million and a GDP of approximately $17 billion in 2023, has a resource-rich economy driven by mining and agriculture. The per capita income is about $5,000. Key sectors include coal, copper, and livestock.
Mongolia is investing in infrastructure and mining to boost economic growth. Opportunities for foreign direct investment (FDI) are strong in mining and infrastructure, supported by the country’s vast natural resources and strategic location in Central Asia.