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Northern Asia, between China and Russia
total: 1,564,116 sq km
desert; continental (large daily and seasonal temperature ranges)
vast semidesert and desert plains, grassy steppe, mountains in west and southwest; Gobi Desert in south-central
GDP: $5.242 billion (2005 est.)
GDP growth rate: 6.2% according to official estimate (2005 est.)
GDP per capita: $1,900 (2005 est.)
Inflation rate: 9.5% (2005 est.)
Currency: togrog/tugrik (MNT)
togrogs/tugriks per US dollar - 1,187.17 (2005), 1,185.3 (2004), 1,146.5 (2003), 1,110.3 (2002), 1,097.7 (2001)
Population: 2,832,224 (July 2006 est.)
Growth rate: 1.46% (2006 est.)
Buddhist Lamaist 50%, none 40%, Shamanist and Christian 6%, Muslim 4% (2004)
Khalkha Mongol 90%, Turkic, Russian (1999)
time difference: UTC+8 (13 hours ahead of Washington, DC during Standard Time)
daylight saving time: +1hr, begins last Saturday in March; ends last Saturday in September
11 July 1921 (from China)
Note: Information on Mongolia was mainly sourced from CIA's World Factbook and may represent an American point of view. To learn more about Mongolia, please visit one of the links below.
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The Regency Residence, a luxury development in asia's fastest growing market... — The Mongolian economy is currently booming, this boom is supported by strong speculations surrounding the mining industry in Mongolia, many foreign companies have invested very heavily into the country to tap into those huge resources. The normal concentration of copper in the soil is of about 0.
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