GDP Deflator — Value Standard Local Currency, 2015 prices in Mongolia
Mongolia: GDP Deflator — Value Standard Local Currency, 2015 prices was 244.79 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Mongolia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Mongolia recorded 244.79 SLC for gdp deflator — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 8.2% on the previous year and up 149.0% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Mongolia peaked at 244.79 SLC in 2024 and was at its lowest, 0.2445 SLC, in 1987.
That places Mongolia 29th out of 207 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2757 SLC | 0.2756 SLC | 0.2757 SLC | 10 |
| 1980s | 0.2715 SLC | 0.2445 SLC | 0.3075 SLC | 10 |
| 1990s | 8.92 SLC | 0.2469 SLC | 17.14 SLC | 10 |
| 2000s | 34.8 SLC | 18.66 SLC | 57.04 SLC | 10 |
| 2010s | 100.18 SLC | 68.47 SLC | 135.49 SLC | 10 |
| 2020s | 192.3 SLC | 140.51 SLC | 244.79 SLC | 5 |
Countries ranked near Mongolia
- 26 Nigeria 249.69 SLC compare
- 27 Belarus 247.71 SLC compare
- 28 Kazakhstan 247.66 SLC compare
- 30 Sri Lanka 241.47 SLC compare
- 31 Kyrgyzstan 210.6 SLC compare
- 32 Sao Tome and Principe 209.59 SLC compare
More economy & growth data for Mongolia
- External balance on goods and services as a percent of gdp 5.43 (2025)
- Inflation of consumer prices 8.61 (2025)
- Gdp per capita worldbank constant usd 4,882 (2025)
- Manufacturing value added to gdp 5.88 (2025)
- Gdp worldbank constant usd 17.42 billion (2025)
- Gdp per capita in international and market dollars 4,882 (2025)
- DEC alternative conversion factor 3,545 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.26 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 355.63 million current US$ (2025)
- Taxes less subsidies on products 8.52 trillion current LCU (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Mongolia?
- Gdp deflator — value standard local currency, 2015 prices in Mongolia was 244.79 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Mongolia?
- The highest recorded value was 244.79 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Mongolia?
- The lowest recorded value was 0.2445 SLC in 1987.
- How does Mongolia rank for gdp deflator — value standard local currency, 2015 prices?
- Mongolia ranks 29th out of 207 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Mongolia?
- Over the last ten years it is up 149.0%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).