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Mongolia

Eastern Asia

Mongolia

General matters


  • Country name: Mongolia

  • Capital: Ulaanbaatar (area 7.7 times that of Seoul)

  • Population: 3.38 million ('22 years)

  • Area: 156.4 million square kilometers 

  • Language: Khalkh Mongolian

  • Religion: Lama (54%), Islam (3.1%), no religion (38%), Christianity (1.6%)

  • Climate: Continental cold dry climate

  • Topography: 1,580m above sea level on average, 44% of the land is desert, 9% is forest area

Politics 


  • Form of government:

  • Democratic Republic (1992. Enforcement of the New Constitution)

  • - a dual government system that has a strong characteristic of the parliamentary cabinet system

  • a key figure

  • President: U. Khurelsukh (Hurelsukh, People's Party)

  • Prime Minister: L. Oyun-Erdene (Eoyong Erdene, People's Party)

  • Speaker of the National Assembly: G. Zandanshatar (Zandang Shatar, People's Party)

  • Foreign Minister: B. Battsetseg (Batchek, People's Party)

  • military strength

  • Army and Air Force: Approximately 13,000 (estimated)

Economy


  • GDP: $15.4 billion (Statistics Office)

  • GDP per capita: $4,656

  • Real GDP growth rate: 4.8%

  • Inflation rate: 13.2%

  • Unemployment rate: 5.3%

  • Currency Unit: Tugrik (1US$=3,431Tg, '22/December)

  • Trade Amount: $21.2 billion (Statistics Office)

  • Export value: $12.5 billion

  • Revenue: $8.7 billion

  • Export items: coal, gold, copper ore

  • Imported items: petroleum products, heavy equipment, automobiles

  • Key Resources:

  • Copper, coal, fluorescent, copper, molybdenum, tungsten, zinc, gold, petroleum, etc. (Top 10 Resource-rich Countries in the World)

  • Foreign exchange reserves: approximately $3.39 billion (Central Bank of Mongolia)

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