DEMOGRAPHICS

Mongolia is the world’s least densely populated country, with a population of approximately 3.5 million people living in a vast area of 1.56 million square kilometers.

Mongolia has a relatively young population compared to other emerging market countries, with an average age of 26 years.

Ethnic Mongols comprise approximately 94.9% of the population, Kazakh 5% and Turkic, Chinese and Russians make up the remaining population. Ulaanbaatar is Mongolia’s capital and largest city and home to approximately 45% of the country’s population.

Population: 3.5 million

Population growth rate: 1.2% 

Average life expectancy:  72 years 

Ethnic groups: Mongol (94.9%), Kazakh (5%), others (including Turks, Ch.inese and Russians) (0.1 %)

Religion: Buddhist (50%), others (6%), Muslim (4%), none (40%)