Mongolia

Economic Freedom Rating, 5-Yr Change - Mongolia Compared to Continent

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Uzbekistan	36.51%
Laos	20.00%
Georgia	18.21%
Tajikistan	17.02%
Kazakhstan	15.78%
Mongolia	8.81%
Vietnam	7.85%
Kyrgyztan	7.74%
Japan	7.13%
Nepal	6.11%
India	5.81%
Malaysia	5.65%
Armenia	4.48%
Pakistan	3.34%
Azerbaijan	2.22%
Hong Kong	0.50%
China	0.42%
South Korea	-0.60%
Taiwan	-0.87%
Singapore	-0.90%
Indonesia	-3.39%
Thailand	-3.54%
Sri Lanka	-6.72%
Philippines	-7.31%
Bangladesh	-8.96%
Cambodia	-11.81%
Myanmar	-11.95%
Turkmenistan	-15.54%
North Korea	-66.25%

 

 

Mongolia: Economic freedom index, 5-year change

Increased economic freedom is strongly associated with high GDP growth, and therefore with rises in residential property prices. Changes in a countrys score on the Heritage Foundations freedom index are calculated by the Global Property Guide to produce a 5-point rating:

• Greatly Improved
• Improved
• Nuetral
• Worse
• Much Worse

Source: Calculated using figures from The Heritage Foundation and the Wall Street Journal

 

No house price statistics are published in Mongolia. There is not much research from private sources. General economics statistics are available from the Bank of Mongolia.