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Measuring the Digital Economy of Mongolia
Analyzing the development of Mongolia’s digital economy, this brief shows how experimental digital supply and use tables were used to measure the extent of digitalization from 2015-2019 and provide insights to support the country’s economic growth. Focusing on digitally enabling industries, it explains the digital economy made up 1.6% of Mongolia’s gross domestic product (GDP) for 2015-2019. A separate input-output based value flow methodology indicates it contributed around 1.9% of GDP for the period. It explains how tackling data gaps, reinforcing survey and administrative data, and boosting statistical capacity will help Mongolia design evidence-based strategies that use digitalization to drive diversification.
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