Mongolia Business and Mongolian Daily Business News

World Bank produced a new report about all countries level of income. It is the first time that Mongolia is registered in the mid tier of income measurement since joining World Bank in the year 1991. If the GDP per capita is above $1500 then the country is counted as mid level income earners. World Bank officially reported that at the end of the year 2008 GDP per capita was $1639.0. This means that Mongolia is sectioned with economically respected countries including China, Indonesia, Thailand, India and Iran in terms of level of income per capita.

Related post

• World Bank Reports
• Macro Economy Mongolia – August 2009, Part II
• Macro Economy Mongolia – August 2009, Part I
• MP O.Chuluunbat: There is light of hope at the end of the tunnel