Mongolia vs India
Comprehensive comparison of economic, demographic and social indicators
Key Indicators
| Indicator | Mongolia | India | Year |
|---|---|---|---|
| GDP (nominal) | $23.79B | $3.91T | 2024 |
| GDP per capita | $6,751 | $2,695 | 2024 |
| Population | 3.5M | 1.45B | 2024 |
| GDP growth rate | 5.12% | 6.49% | 2024 |
| Inflation rate | 6.21% | 4.95% | 2024 |
| Unemployment rate | 5.23% | 4.22% | 2025 |
| Life expectancy | 72.1 years | 72.0 years | 2023 |
| Surface area (sq. km) | 1,564,116 km2 | 3,287,260 km2 | 2023 |
Mongolia vs India: Analysis
India has a larger economy than Mongolia, with a nominal GDP roughly 164.3 times greater based on 2024 data. Mongolia recorded a GDP of $23.79B, while India stood at $3.91T.
In terms of GDP per capita, Mongolia leads over India. Mongolia has a per capita output of $6,751, compared to $2,695 for India.
India has a larger population than Mongolia. Mongolia is home to approximately 3.5M people, while India has about 1.45B.
By surface area, India is the larger country. Mongolia covers 1,564,116 km2, and India spans 3,287,260 km2.
Life expectancy is higher in Mongolia: 72.1 years in Mongolia versus 72.0 years in India. India has the lower unemployment rate (Mongolia: 5.23%, India: 4.22%). Inflation stands at 6.21% in Mongolia and 4.95% in India.
These figures are drawn from World Bank Open Data and reflect the most recent available reporting year for each indicator. For historical trends and additional indicators, explore the individual country profiles on NationStat.
Frequently Asked Questions
Which country has a larger GDP, Mongolia or India?
India has the larger GDP. Mongolia has a GDP of $23.79B (2024), while India has $3.91T (2024). Source: World Bank.
What is the population difference between Mongolia and India?
The population difference is approximately 1.45B. Mongolia has 3.5M people (2024), and India has 1.45B (2024). Source: World Bank.
Is Mongolia richer than India?
By GDP per capita, Mongolia is wealthier. Mongolia has a GDP per capita of $6,751 (2024), compared to $2,695 for India (2024). Source: World Bank.
Which country has higher life expectancy, Mongolia or India?
Mongolia has higher life expectancy. Mongolia: 72.1 years (2023), India: 72.0 years (2023). Source: World Bank.
Which country is bigger, Mongolia or India?
India is larger by area. Mongolia covers 1,564,116 km2, while India covers 3,287,260 km2. Source: World Bank.