Mongolia - Price of Electricity
Since 2015, Mongolia Price of Electricity decreased by 4.1% year on year. In 2020, the country was ranked number 169 comparing other countries in Price of Electricity with 5.6 US Cents per Kilowatthour. Mongolia is overtaken by Bhutan, which was number 168 at 5.9 US Cents per Kilowatthour and is followed by Singapore with 5.5 US Cents per Kilowatthour. Venezuela lead the ranking with 123.8 US Cents per Kilowatthour in 2020, a decrease of 81.1% compared to 2019. Solomon Islands, Antigua and Barbuda and Federated States of Micronesia respectively ranked number 2, 3 and 4 in this ranking. Slovenia witnessed the best average annual growth at +14.9% per year, while Venezuela recorded the worst performance at -33.5% per year.
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| Date | US Cents per Kilowatthour |
|---|---|
| 2020 | 5.60 |
| 2019 | 5.90 |
| 2018 | 6.30 |
| 2017 | 6.90 |
| 2016 | 7.60 |
How does Mongolia rank in Price of Electricity?
| # | 183 Countries | US Cents per Kilowatthour | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Venezuela
|
123.80 | 2020 | -81.1 % | -33.5 % | View data | |
| 2 |
#2
Solomon Islands
|
71.60 | 2020 | +6.2 % | -6.2 % | View data | |
| 168 |
#168
Bhutan
|
5.90 | 2020 | +9.3 % | +5.1 % | View data | |
| 169 |
#169
Mongolia
|
5.60 | 2020 | -5.1 % | -4.1 % | View data | |
| 170 |
#170
Singapore
|
5.50 | 2020 | -46.1 % | -20.0 % | View data | |