Key Market Indicators
Mongolia's tourism sector is poised for significant growth, with revenue projections expected to hit approximately $2.6 billion by 2028. This marks a substantial increase from the $1.6 billion anticipated in 2023, reflecting an annual growth rate of 7.2%. Since the turn of the millennium, the Mongolian tourism market has demonstrated a robust upward trajectory, growing by an average of 14.7% each year. This steady climb underscores the country's rising appeal as a travel destination and the sector's expanding economic footprint.
