Mongolia’s legal entities continue to grow, showing steady economic expansion, according to the National Statistics Office. As of September 2025, the Statistical Business Register Database records 279,900 registered legal entities. This represents an increase of 29,000 from the same period in 2024.
In the third quarter, authorities registered 8,600 new entities and dissolved 300. This activity highlights the ongoing growth of business and organizations nationwide.
Among all legal entities, 216,800 are companies, 34,700 are NGOs, 15,200 are cooperatives, 5,600 are partnerships, 5,000 are budgetary organizations, and 2,600 are state-owned, locally-owned, or other types.
Regionally, Ulaanbaatar hosts 72.2 percent of legal entities. Meanwhile, the Central region follows with 9.4 percent, Khangai 8.3 percent, Western 6.7 percent, and Eastern 3.4 percent. Khovd, Orkhon, Darkhan-Uul, Umnugobi, and Selenge aimags each have between 5,200 and 6,000 registered entities. In contrast, Gobi-Altai, Dundgobi, Sukhbaatar, and Gobisumber aimags have smaller counts, ranging from 800 to 2,300.
Only 41.1 percent of legal entities are actively conducting business. On the other hand, 58.9 percent are inactive. Among inactive entities, 60 percent temporarily suspended operations, while 40 percent have not yet started.
Employment distribution shows most active entities remain small. Specifically, entities with 1–9 employees account for 86.7 percent. Additionally, those with 10–19 employees make up 6 percent, 20–49 employees 4.7 percent, and 50 or more employees 2.6 percent. The share of small entities increased by 0.9 percentage points from last year.
The Statistical Business Register Database tracks each entity’s registration number, location, assets, income, number of employees, wages, and sector classification. Consequently, this data helps policymakers, investors, and analysts assess Mongolia’s business environment.
Experts say the rise in legal entities reflects growing entrepreneurial activity and a more diversified economy. They also highlight the need to support small and medium enterprises, which drive employment and economic resilience.
Authorities plan to continue comprehensive data collection and foster conditions that encourage new business formation. Therefore, analysts expect the number of legal entities to increase further as private sector growth expands.
