Mongolia - Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in Mongolia was 16,623,900,000,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 19,672,500,000,000 in 2019 and a minimum value of 5,928,400,000,000 in 2010.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2010 5,928,400,000,000
2011 8,865,210,000,000
2012 10,232,600,000,000
2013 11,006,000,000,000
2014 11,755,400,000,000
2015 10,410,200,000,000
2016 12,236,700,000,000
2017 13,645,800,000,000
2018 18,108,600,000,000
2019 19,672,500,000,000
2020 16,623,900,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts