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Mongolia Economic Update - Partial Recovery and Lingering Risks (English)

Despite global financial tightening, high oil and food prices, and border restrictions with China in the first half of the year, the Mongolian economy recovered in 2022. Economic growth is estimated at 4.7 percent in 2022 (up from 1.6 percent in 2021), with real GDP surpassing its pre-pandemic level. Nevertheless, it is yet to fully heal from the COVID-19 shock, as economic activity remains below its pre-pandemic trajectory, that is, its expected...
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Diaz Sanchez,Jose Luis; Batmunkh,Undral; Enkhtuya,Dulmaa; Millan,Natalia; Huang,Yang; Gruen,Carola A.; Fraikin,Anne Lore Brigitte G.

Mongolia Economic Update - Partial Recovery and Lingering Risks (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099413204212338504

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