Mongolia: Population, Economy & Travel Facts

Essential data for planning your trip to Mongolia — from population and demographics to economic indicators, healthcare infrastructure, tourism trends, and digital connectivity.

Population & Geography

Population
3,170,208
#134 of 197 countries
Area
1,564,116 km²
#21 of 248 countries
Density
2.0 / km²
#239 of 245 countries

Mongolia has a population of 3,170,208 spread across 1,564,116 km², giving it an average density of 2.0 people per km². With such low density, expect wide open spaces and a sense of remoteness outside major cities.

Demographics

Median Age
28.8
Life Expectancy
71.9 yrs
Literacy Rate
98.6%
Government
semi-presidential republic
Ethnic Groups
Religions
GDP by Sector

Economy & Cost of Living

Understanding the local economy helps travellers budget effectively and set expectations. Mongolia is classified as an upper middle income country by the World Bank. Prices are roughly 32% of US levels, meaning your money goes significantly further here — accommodation, food, and transport are very affordable by Western standards.

Income Level
Upper middle income
GDP per Capita
$5,839
Cost of Living
32% of US
Inflation
10.4%
Inequality
31.4
Moderate