GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Mongolia
Mongolia: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 8.24 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Mongolia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices, annual in Mongolia is 8.24 % change on previous year, measured in 2024.
The figure is down 57.7% on the previous year and up 10.6% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Mongolia peaked at 262.93 % change on previous year in 1993 and was at its lowest, -8.67 % change on previous year, in 1986.
Mongolia ranks 38th of 209 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Mongolia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 0.0069 % change on previous year | — |
| 1972 | 0.0076 % change on previous year | +10.5% |
| 1973 | -0.012 % change on previous year | -257.1% |
| 1974 | 0.0163 % change on previous year | -236.4% |
| 1975 | -0.0036 % change on previous year | -122.2% |
| 1976 | -0.008 % change on previous year | +120.0% |
| 1977 | -0.0007 % change on previous year | -90.9% |
| 1978 | 0.0029 % change on previous year | -500.0% |
| 1979 | 0.0054 % change on previous year | +87.5% |
| 1980 | -0.0457 % change on previous year | -940.0% |
| 1981 | 7.73 % change on previous year | -17021.2% |
| 1982 | 3.58 % change on previous year | -53.7% |
| 1983 | -7.67 % change on previous year | -314.2% |
| 1984 | -1.49 % change on previous year | -80.6% |
| 1985 | -0.3308 % change on previous year | -77.8% |
| 1986 | -8.67 % change on previous year | +2522.0% |
| 1987 | -3.94 % change on previous year | -54.5% |
| 1988 | 0.9381 % change on previous year | -123.8% |
| 1989 | -0.0069 % change on previous year | -100.7% |
| 1990 | 0.0397 % change on previous year | -676.5% |
| 1991 | 97.9 % change on previous year | +246445.8% |
| 1992 | 175.64 % change on previous year | +79.4% |
| 1993 | 262.93 % change on previous year | +49.7% |
| 1994 | 66.85 % change on previous year | -74.6% |
| 1995 | 42.44 % change on previous year | -36.5% |
| 1996 | 14.1 % change on previous year | -66.8% |
| 1997 | 23.95 % change on previous year | +69.8% |
| 1998 | -5 % change on previous year | -120.9% |
| 1999 | 9.83 % change on previous year | -296.6% |
| 2000 | 8.86 % change on previous year | -9.9% |
| 2001 | 10.45 % change on previous year | +17.9% |
| 2002 | 6.37 % change on previous year | -39.0% |
| 2003 | 10.24 % change on previous year | +60.7% |
| 2004 | 16.69 % change on previous year | +63.1% |
| 2005 | 20.1 % change on previous year | +20.4% |
| 2006 | 21.99 % change on previous year | +9.4% |
| 2007 | 11.63 % change on previous year | -47.1% |
| 2008 | 21.45 % change on previous year | +84.4% |
| 2009 | 1.83 % change on previous year | -91.5% |
| 2010 | 20.03 % change on previous year | +996.7% |
| 2011 | 15.12 % change on previous year | -24.5% |
| 2012 | 12.78 % change on previous year | -15.4% |
| 2013 | 2.91 % change on previous year | -77.3% |
| 2014 | 7.45 % change on previous year | +156.2% |
| 2015 | 1.73 % change on previous year | -76.7% |
| 2016 | 2.99 % change on previous year | +72.8% |
| 2017 | 10.8 % change on previous year | +260.9% |
| 2018 | 7.96 % change on previous year | -26.3% |
| 2019 | 9.97 % change on previous year | +25.3% |
| 2020 | 3.71 % change on previous year | -62.8% |
| 2021 | 14.42 % change on previous year | +289.0% |
| 2022 | 17.71 % change on previous year | +22.8% |
| 2023 | 19.5 % change on previous year | +10.1% |
| 2024 | 8.24 % change on previous year | -57.7% |
Mongolia compared with similar countries
- Mongolia's 8.24 % change on previous year is above the median for upper middle income countries, which is 3.82 % change on previous year, 2.2× the median. (51 countries reporting)
- Mongolia's 8.24 % change on previous year is above the median for East Asia & Pacific, which is 3.08 % change on previous year, 2.7× the median. (24 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +246445.8% | 0.0397 % change on previous year | 97.9 % change on previous year |
| 1981 | +17021.2% | -0.0457 % change on previous year | 7.73 % change on previous year |
| 1986 | -2522.0% | -0.3308 % change on previous year | -8.67 % change on previous year |
| 2010 | +996.7% | 1.83 % change on previous year | 20.03 % change on previous year |
| 1980 | -940.0% | 0.0054 % change on previous year | -0.0457 % change on previous year |
| 1990 | +676.5% | -0.0069 % change on previous year | 0.0397 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0017 % change on previous year | -0.012 % change on previous year | 0.0163 % change on previous year | 9 |
| 1980s | -0.9908 % change on previous year | -8.67 % change on previous year | 7.73 % change on previous year | 10 |
| 1990s | 68.87 % change on previous year | -5 % change on previous year | 262.93 % change on previous year | 10 |
| 2000s | 12.96 % change on previous year | 1.83 % change on previous year | 21.99 % change on previous year | 10 |
| 2010s | 9.18 % change on previous year | 1.73 % change on previous year | 20.03 % change on previous year | 10 |
| 2020s | 12.72 % change on previous year | 3.71 % change on previous year | 19.5 % change on previous year | 5 |
Countries ranked near Mongolia
- 35 Belarus 8.77 % change on previous year compare
- 36 Bolivia (Plurinational State of) 8.54 % change on previous year compare
- 37 Gambia 8.37 % change on previous year compare
- 39 Kazakhstan 8.05 % change on previous year compare
- 40 Papua New Guinea 7.95 % change on previous year compare
- 41 Niger 7.87 % change on previous year compare
More economy & growth data for Mongolia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.08 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.17 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 55.47 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0023 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.78 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 23.79 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1169 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 789.32 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices, annual in Mongolia?
- Gdp deflator — value standard local currency, 2015 prices, annual in Mongolia was 8.24 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Mongolia?
- The highest recorded value was 262.93 % change on previous year in 1993.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Mongolia?
- The lowest recorded value was -8.67 % change on previous year in 1986.
- How does Mongolia rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Mongolia ranks 38th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Mongolia?
- Over the last ten years it is up 10.6%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.