Mongolia at a glance

Mongolia, a country that borders only two countries, Russia and China, is situated in the heart of Central Asia. It has a continental climate that varies on average from -30C in the winter to +30C in the summer. With a land area of almost 3 times that of France and a population of only 2.7 million people, the country has the lowest population density in the world (not counting Greenland).  Well over one third of the population resides in the capital city, Ulaanbaatar. It is one of the youngest nations in the world with around 60% of the total population under the age of 30.  Mongolia successfully made a peaceful transformation from a former socialist system to a multi-party democratic system during the early 1990s.  In 2009, the country had elected its fourth president, Ts. Elbegdorj. The country is blessed with generous amounts of mineral deposits ranging from gold, silver, copper, molybdenum, iron and uranium to fluorspar, phosphorus, lead, zinc and tungsten. Recently, the Oyu Tolgoi Project, considered the largest undeveloped copper, gold deposit in the world, is attracting worldwide attention to Mongolia.        

Land area:

1,564,116 sq km

Rank:

19th in the world

Language

Mongolian

Literacy rate:

97.8%

Population:

2.72 million

Capital city:

Ulaanbaatar

Public holidays:

New Years Day

January 1

Tsagaan Sar

Lunar New Year

International Womens Day

March 8

Mothers & Childrens Day

June 1

Naadam

July 11 - July 13

Independence Day

November 26

New Years Eve

December 31

GDP:

US$4.38 billion (2008)

GDP per capita:

US$1649 (2008)

Political System:

Parliamentary, 76 seats

President:

ELBEGDORJ Tsakhia, since 2009

Speaker of Parliament

DEMBEREL Damdin, since 2008

Prime Minister:

BATBOLD Sukhbaatar, since 2009

Import/Export:

Export:

US$2.5 billion (2008)

Export partners:

China 75.7%, Canada 9%, Russia 3.2% (2008)

Import:

US$3.6 billion (2008)

Import partners:

Russia 35.1%, China 28.9%, Japan 7.6%, South Korea 6.4% (2008)

Currency:

Tugrug (MNT)

Border countries:

Border with China: 4,677 km. Border with Russia: 3,543 km

Average age:

25.3 years

Population growth rate:

1.493% (2009 est.)

Life expectancy:

67.65 years

Birth rate:

21.05 births/1,000 population (2009 est.)

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