The Mongolian People's Party took 62 out of 76 parliamentary seats in its first consecutive victory, the General Election Committee announced.
The incumbent party won just under half of the numerical votes but retained nearly all of its seats thanks to Mongolia's block voting system and a heavy campaign push in rural areas.
Nearly three quarters of Mongolia's 2 million eligible voters voted on Wednesday, the Election Committee said -- a modest rise in turnout despite fears over the global coronavirus outbreak.
"Mongolia set an example: free elections can be held even in the time of a pandemic," said Niels Hegewisch, the Mongolia country director for the Friedrich-Ebert Foundation non-profit group.
Thanks to border closures in January, soon after the virus was detected in neighbouring China, the sparsely populated Asian nation has only reported 219 coronavirus cases so far -- all imported from overseas.
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