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Mongolia
Ulaanbaatar, Mongolia

Business Summary
Mongolia is a large, landlocked country in Central East Asia. The Country borders China and Russia, and is 23 miles away from Kazakhstan at its westernmost border. Situated on the northern portion of the Gobi Desert, most of its land area is desert or pasture, with only a small percentage of land being arable or forested. The Country's population is approximately 3 million as of 2018, with Mongolian as its official language and Buddhism as the majority religion (and a significant non-religious minority). Mongolia gained its independence from the Soviet Union through a peaceful democratic revolution in 1990. Approximately 30% of the Country's population is nomadic or semi-nomadic, adhering to its traditional horse culture. Mongolia is the most sparsely populated nation in the world, with roughly 5.4 people per square mile. Nearly half of its population lives in the capital city, Ulaanbaatar.

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Monday, November 18, 2024