Mongolia Economic Update, April 2026: Maintaining Stability and Resilience - Special Focus: Harnessing Agglomeration for Productivity in Ulaanbaatar
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Washington, DC: World Bank
Resumen
Descripción
Despite trade disruptions and geopolitical tensions, Mongolia’s growth remained strong at 6.9 percent in 2025, driven by an agricultural rebound and solid mining performance, particularly copper production at Oyu Tolgoi, which offset weaker coal activity. Growth is expected to remain solid in 2026 despite headwinds from higher energy prices and global uncertainty. Private consumption is anticipated to stay resilient but moderate amid high inflation and tighter policies, while higher public investment, especially through State-Owned Enterprise (SOEs) and city-led projects, is expected to support activity. Risks to the outlook are tilted to the downside. Heightened global trade uncertainty and a prolonged Middle East conflict can further weaken external demand, reducing mineral exports, raising costs, and weighing on growth.
Palabras clave
ECONOMIC GROWTH AND OUTLOOK, HARNESSING AGGLOMERATION FOR PRODUCTIVITY, FOREIGN DIRECT INVESTMENT ANALYSIS, MONETARY ANALYIS, TRADE, INFLATION