Mongolia: Urban Sector Fact Sheet
ADB has worked with the Government of Mongolia to improve the urban environment and people’s quality of life since 1997.
In 1950, only 20% of Mongolians were living in urban areas. Since then, Mongolia has experienced rapid rural–urban migration, especially after its transition from a centrally planned to a market-based economy in 1991. Today, the urban population represents 70% of the country’s 3 million population, while the average urbanization ratio in Asia is 50%. Ulaanbaatar accounts for 63% of gross domestic product, almost half of the country’s population, and 66% of the urban population.
Since 1997, ADB has worked with the Government of Mongolia in finding and financing solutions to enable municipal governments to expand coverage, and improve quality and reliability of urban services to improve the urban environment and people’s quality of life, and to develop cities as a catalyst of growth to support economic diversification and employment generation. ADB financial and technical support has been provided through grants, loans, and technical assistance amounting to a combined $300 million.