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What you need to know about the Economy |
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Fact you need to know about Mongolia's economy and natural resources
| Total Area: | 1,564,100 sq km | | Population ’03 | 2,712,000 people | | Unemployment ’02 | 3.4% | | GDP ’02 | $1,900 | | Ave Monthly Salary | $150 | | GDP Growth ’03 | 5% | | Total FDI | $1 billion | | Yearly Inflation | 3% | | Agency Ratings | S&P B+ |
*Sources: CIA World Factbook, FIFTA, Mongolian Statistical Year Book Mongolia has vast natural resources and a booming mining industry. Ivanhoe Mines is currently developing in a region of the Gobi Desert what may be one of the biggest copper and gold finds in the world.  |