In 2011, GDP by production approach reached 11087.7
bln.tog at current prices and 4891.8 bln.tog at 2005 constant prices,
representing increases of 2673.2 bln.tog or 31.8 percent at current prices and
of 729.1 bln.tog or 17.5 percent at constant prices compared to the previous
year.
 

In 2011, GDP by expenditure approach reached 11168.1 bln.tog at current
prices and 4910.5 bln.tog at 2005 constant prices, representing increases of
2708.6 bln.tog or 32.0 percent at current prices and of 727.5 bln.tog or 17.4
percent at constant prices compared to the previous year.

The national consumer price index in June 2012, increased by 0.5 percent
compared to the previous month, 9.7 percent compared to the beginning of the
year, and 14.7 percent compared to same period of the previous year. The
increase in national index compared to the previous month was mainly due to 0.5
percent increase in food and non-alcoholic beverages and 1.3 percent in
housing, water, electricity and fuels.
 

According to the report of the Bank of Mongolia, money supply (broad
money or M2) at the end of June 2012, reached to 7051.2 bln.tog, increased by
of 321.6 bln. tog or 4.8 percent compared to the previous month, and increased
by 1278.6 bln.tog or 22.2 percent compared to same period of the previous year.

At the end of June 2012, currency issued in circulation reached 891.5
bln.tog, increased by 108.6 bln.tog or 13.9 percent compared to the previous
month, and increased by 252.7 bln.tog or 39.6 percent compared to same period
of the previous year.

Loans outstanding at the end of June 2012, amounted to 6318.2 bln.tog,
up by 197.0 bln.tog or 3.2 percent compared to the previous month, and up by
1765.4 bln.tog or 38.8 percent compared to same period of the previous year.

Principals in arrears at the end of June 2012 reached 51.8 bln.tog,
decreased by 8.3 bln.tog or 13.8 percent compared to the previous month, decreased
by 18.1 bln.tog or 25.9 percent compared to same period of the previous year.

At the end of June 2012, the non-performing loans over the bank system
reached 307.8 bln.tog, showing decreases of 7.9 bln.tog or 2.5 percent compared
to the previous month, of 82.7 bln.tog or 21.2 percent compared to same period
of the previous year.

In June 2012, there were 19 trading days and 65.9 mln.shares valued at
42.1 bln. tog were traded.

In the first of half 2012, total equilibrated revenue and grants of the General
Government Budget amounted to 2355.3 bln.tog and total expenditure and net
lending amounted to 2930.1 bln.tog, representing deficit of 574.8 bln.tog in
the equilibrated balance of General Government Budget.

Current revenue of the General Government Budget amounted to 2347.6 bln.
tog and current expenditure reached 2282.5 bln.tog. Thus, the budget
equilibrated current balance was in surplus of 65.2 bln.tog.

Compared to same period of the previous year, tax revenue increased by
414.6 bln.tog or 24.5 percent. The increase was mainly due to the increases of
148.1 bln.tog or 44.1 percent in other taxes, 118.4 bln.tog or 19.1 percent in
taxes on goods and services, 104.4 bln.tog or 49.8 percent in social security
contribution, 29.7 bln.tog or 8.0 percent in income tax and 11.8 bln.tog or 7.9
percent in taxes on foreign trade.

Compared to same period of the previous year, non-tax revenue increased
by 15.0 bln.tog or 6.6 percent. The increase was mainly due to the increases of
9.1 bln.tog or 42.4 percent in revenues from oil petroleum, 6.5 bln.tog or 25.6
percent in revenues from others, 5.1 bln.tog or 20.5 percent in revenues from
interest and 4.4 bln.tog or 4.4 percent in revenues from budget entities
although there was decreases of 8.8 bln.tog or 26.5 percent in revenues from
dividends and 1.7 bln.tog or 8.3 percent in navigation fee.

In the first half of 2012, total expenditure and net lending of the
General Government Budget increased by 1061.8 bln.tog or 56.8 percent to 2930.1
bln.tog compared to same period of the previous year. This was mainly due to
increases of 468.6 bln.tog or 57.0 percent in subsidies and transfers, 325.5
bln. tog or 2.2 times in capital expenditure, 256.2 bln.tog or 37.7 percent in
expenditure of goods and services, 34.6 bln.tog or 2.7 times in interest
payments although there was decreases of 23.0 bln.tog or 35.9 percent in
lending minus repayments.

In the first half of 2012, spending of 606.5 bln.tog on capital
expenditure increased by 325.5 bln.tog or 2.2 times compared to same period of
the previous year. This was mainly due to increases of 314.4 bln.tog or 2.1
times in capital expenditure of domestic sources compared to same period of the
previous year.

In the first half of 2012, Mongolia traded with 123 countries from all
over the world and total external trade turnover reached 5575.6 mln.US dollars,
of which exports made up 2262.3 mln.US dollars and imports made up 3313.3
mln.US dollars.

Foreign trade balance showed a deficit of 1051.0 mln.US dollars in the first
half of 2012, reflecting 318.2 mln.US dollars or 43.4 percent increase compared
to same period of the previous year. The foreign trade deficit in the first
half of 2012 was mainly caused by the fact that the import growth was higher by
8.1 points than the export growth.

Total external trade turnover increased by 857.2 mln.US dollars or 18.2
percent, of which imports up by 587.7 mln.US dollars or 21.6 percent, and
exports up by 269.5 mln.US dollars or 13.5 percent, compared to same period of
the previous year.

Mineral products, natural or cultured stones, precious metal, jewelry,
coins, raw & processed hides, skins, fur & articles, animal origin
products, textile articles and auto & air transport vehicles & their
spare parts thereof accounted for 98.6 percent of the total export value
amount.

The National Statistical Office of Mongolia