Industrial production in Mongolia increased by 1.6% in the first 11 months of 2025
The total volume of industrial production from January to November amounted to ₮47.1 trillion, which is equivalent to approximately $13.2 billion. The reported growth of 1.6% over the 11 months of 2025 signals a recovery of the Mongolian economy, mainly due to the mining sector, which holds leading positions. However, despite positive trends, risks remain due to high dependence on raw material exports. At the beginning of 2025, production increased by 17%, but there were also minor declines