Key Market Indicators
Mongolia's rail network is projected to maintain its current length of 1,820 route-kilometers through 2028, reflecting a stagnant growth rate of 0% annually. This forecast indicates that the country's rail infrastructure will experience no expansion over the next five years. Since 2001, Mongolia has seen a modest increase in its rail supply, with a year-on-year growth rate of 0.1%. As of 2023, Mongolia ranks 46th globally in terms of rail network length. In comparison, Latvia narrowly surpasses Mongolia with an identical rail length of 1,820 route-kilometers. Dominating the global rankings, China, Russia, and India occupy the second, third, and fourth positions, respectively, highlighting the substantial rail infrastructure in these countries.
