The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Mongolia  
Rank: 86 · Score: 34.8  

Basic facts, 2020        
Population (millions) 3.3   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 13.4   M&A volume (quartile) 2nd
GDP per capita (US$) 4,073.8   Venture capital investments (quartile) Bottom
GDP growth (per cent) -2.0   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 86 35, 36, 34, 40, 39 34.8
1 Economic Activity 107 24, 21, 26, 26, 18 56.6
2 Depth of Capital Market 85 34, 35, 31, 39, 40 19.1
3 Taxation 96 16, 14, 33, 29, 29 81.8
4 Investor Protection and Corporate Governance 63 59, 64, 62, 67, 62 65.1
5 Human and Social Environment 89 43, 40, 38, 36, 36 26.0
6 Entrepreneurial Opportunities 92 42, 42, 43, 35, 33 36.8


 
Historic performance, 2017-2021   Key driver performance, 2021
 

   
VC/PE Rank  
VC Rank  
PE Rank
Mongolia  
Asia
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Pakistan 73.0 57.7 64.1 59.9 29.8 44.7
Sri Lanka 72.8 50.8 77.9 60.1 24.5 41.3
Bangladesh 85.2 42.5 79.4 34.8 21.5 39.1
Mongolia 56.6 19.1 81.8 65.1 26.0 36.8
Armenia 52.4 11.5 98.7 75.8 30.3 44.9
Azerbaijan 68.7 7.6 99.6 83.4 29.1 42.8
Cambodia 69.6 18.5 76.1 44.1 18.4 22.6
Last updated: 21 Jun 2021