Mongolia economic update (December 2014) (English)

In 2014, economic growth slowed as it began to adjust to unsustainable economic imbalances. Real GDP growth softened to 7 percent in the first 9 months, from 12.8 percent in the previous year. Despite strong mining production growth of 26 percent, the growth of the non-mining sector of the economy dropped to 2 percent in the third quarter from 17.4 percent a year ago. Investment sharply fell amidst declining FDI and weakening business prospects. Consumption...
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Mongolia economic update (December 2014) (English). Mongolia economic update Washington, DC : World Bank Group. http://documents.worldbank.org/curated/en/554861468299100579

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