Mongolia spreads across 1.5 million square kilometers of the Central Asian plateau, strategically bordering the Russian Federation in the north and the People's Republic of China in the south. Much of its land area is covered by steppes, with high mountains and valleys to the north and west, and the Gobi desert to the south.

- Ministry of Nature, Environment and Tourism

Economic Outlook

Highlights from the Asian Development Outlook 2014:

Mongolia is challenged by significant external imbalances because foreign direct investment has declined rapidly and some mineral exports remain weak. Growth is forecast to moderate in 2014 and remain broadly stable in 2015, inflation to decline, and the current account balance to improve over the next 2 years, assuming appropriate policies. The major policy priority is to address pressures on the balance of payments and foreign exchange reserves. Read more.

More economic and social indicators for Mongolia from the World Bank's World Development Indicators online.

Human Development

The United Nations Development Programme's Human Development Report program has prepared a series of reports on Mongolia.

Partner Institutions and Mongolia