Become a nation with sustainable economic growth beneficial to all, а predominant middle class substantially reduced poverty, a solid economic development policy base and self-sufficiency in meeting domestic needs, increased exports, enhanced capacity in investment and savings, and a multi-pillared economy.
VISON 2050
Promote macroeconomic stability and transform the middle class into a predominant group.
Create an export-oriented economy through promoting the development of priority sectors.
Develop a multi-pillar and inclusive financial system connected to the international financial markets.
Join the economic and trade integration in the region and facilitate trade.
Develop internationally competitive micro, small and medium enterprises and increase employment.
Establish an internationally recognized wealth fund to support the objectives of economic diversification, innovation, human development, new technology and green growth.
| № |
Indicators |
Measuring unit |
Base level |
Target level |
|
|
|---|---|---|---|---|---|---|
| 2025 | 2030 | 2050 | ||||
| 1 | Gross domestic product (GDP) | billion USD | 13.1 | 23.9 | 47.6 | 209.0 |
| 2 | Annual GDP growth | percent | 7.2 | 6 | 6 | 6 |
| 3 | Inflation | percent | 8.1 | 6 | 6 | 2 |
| 4 | GDP per capita | in USD | 4009 | 6520 | 12054 | 38359 |
| 5 | Percentage of mining sector in GDP | percent | 24.3 | 30.6 | 31.4 | 25.3 |
| 6 | Percentage of manufacturing industry in GDP | percent | 10.9 | 12 | 14.6 | 27.4 |
| 7 | Percentage of transportation and warehouse sector in GDP | percent | 4.6 | 5.1 | 4.8 | 11.6 |
| 8 | Percentage of industrially processed meat in the total meat consumption of the population | percent | 31.7 | 50 | 70 | 100 |
| 9 | Percentage of industrially processed milk in the total milk consumption | percent | 14.9 | 30 | 50 | 70 |
| 10 | Percentage of domestically supplied key types of fuels that meet Euro 5 standard | persent | 8 | 70 | 100 | 100 |
| 11 | Export | millon USD | 7011.8 | 14020 | 29660 | 139870 |
| 11 | Number of foreign tourists received | millon person | 0.6 | 1 | 2 | 6 |
| 12 | Evaluation of basic indicators of the business environment study | unit | 3.03 | 3.5 | 4.03 | 5.23 |
State House, Sukhbaatar square-1, Sukhbaatar district 6th khoroo 14201, Ulaanbaatar city, Mongolia
(976-51) 260817, (976-51) 262408
info@cabinet.gov.mn
VISION-2050” LONG-TERM DEVELOPMENT POLICY OF MONGOLIA
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