Mongolia and ADB

In the Spotlight

  • ADB President Commends Mongolian Efforts to Stabilize Economy

    ADB President Takehiko Nakao met with Mongolia’s Prime Minister Saikhanbileg Chimed to discuss ways ADB can support sustainable, inclusive growth in Mongolia, through job creation and diversification of the economy. He also met with Bolor Bayarbaatar, Minister of Finance and ADB Governor for Mongolia. 

  • Central Asian Cooperation Stands at Crossroads of New Era

    As a connecting link between Europe and East Asia, Central Asia is set to reap the benefits of burgeoning trade between the two economic giants.

  • A Teaching and Learning Revolution in Mongolia

    ADB support has boosted school enrollment, trained teachers, and made Mongolia’s education system more responsive to the needs of business and industry.

  • Mongolia: A Partnership Against Poverty

    ADB was one of the first international finance organizations to enter Mongolia when it embraced democracy in the early 1990s, and it is credited with being one of the pioneering development organizations that helped the country through this difficult transition.


Mongolia’s economic growth has eased from historic highs, driven largely by mining, to more sustainable levels. The economy requires diversification, with corresponding broadening of job opportunities and social protection, to generate inclusive growth. Protection of the environment - including grasslands, forests, rivers, and lakes - is also essential to ensure healthy and productive livelihoods.

ADB assistance in Mongolia works to raise the country’s standard of living by combining effective financing models with best practice knowledge products and services.

Fact Sheet

  • Latest

Projects in Mongolia

2.96(2014) Population in millions

1.9%(2009-2014) Average annual population growth rate

27.4%(2012) Population living below the national poverty line

Download 2015 Basic Statistics