GDP Deflator — Value US$, 2015 prices in Mongolia

Mongolia: GDP Deflator — Value US$, 2015 prices was 142.28 USD in 2024. ◆ Volatile

Latest (2024)
142.28 USD
Change on year
up 10.7%
World rank
23rd
of 203 countries
All-time high
142.28 USD
in 2024
All-time low
15.39 USD
in 1970
Years of data
55
1970–2024

GDP Deflator — Value US$, 2015 prices in Mongolia, 1970–2024

050100150197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in USD.

Analysis

Mongolia recorded 142.28 USD for gdp deflator — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 10.7% on the previous year and up 33.5% over ten years.

Over the whole period, gdp deflator — value us$, 2015 prices in Mongolia peaked at 142.28 USD in 2024 and was at its lowest, 15.39 USD, in 1970.

Mongolia ranks 23rd of 203 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 US$, 2015 prices in Mongolia, year by year

Annual values for GDP Deflator — Value US$, 2015 prices in Mongolia, 1970 to 2024.
Year USD Change
1970 15.39 USD —
1971 16.17 USD +5.1%
1972 16.87 USD +4.3%
1973 17.79 USD +5.5%
1974 19.39 USD +9.0%
1975 21.19 USD +9.3%
1976 22.36 USD +5.5%
1977 23.74 USD +6.2%
1978 25.42 USD +7.0%
1979 27.52 USD +8.3%
1980 30.01 USD +9.0%
1981 32.85 USD +9.5%
1982 34.88 USD +6.2%
1983 36.25 USD +3.9%
1984 37.55 USD +3.6%
1985 38.74 USD +3.2%
1986 39.52 USD +2.0%
1987 40.5 USD +2.5%
1988 41.93 USD +3.5%
1989 43.57 USD +3.9%
1990 45.2 USD +3.7%
1991 46.73 USD +3.4%
1992 47.8 USD +2.3%
1993 48.93 USD +2.4%
1994 49.97 USD +2.1%
1995 51.02 USD +2.1%
1996 47.63 USD -6.7%
1997 40.98 USD -14.0%
1998 36.57 USD -10.7%
1999 33.05 USD -9.6%
2000 34.15 USD +3.3%
2001 37 USD +8.3%
2002 38.91 USD +5.2%
2003 41.54 USD +6.8%
2004 46.88 USD +12.9%
2005 55.37 USD +18.1%
2006 69.01 USD +24.6%
2007 77.65 USD +12.5%
2008 94.68 USD +21.9%
2009 78.17 USD -17.4%
2010 99.41 USD +27.2%
2011 122.72 USD +23.4%
2012 129.02 USD +5.1%
2013 118.28 USD -8.3%
2014 106.54 USD -9.9%
2015 100 USD -6.1%
2016 94.81 USD -5.2%
2017 92.16 USD -2.8%
2018 98.18 USD +6.5%
2019 100.22 USD +2.1%
2020 98.41 USD -1.8%
2021 111.17 USD +13.0%
2022 118.73 USD +6.8%
2023 128.57 USD +8.3%
2024 142.28 USD +10.7%

Mongolia compared with similar countries

  • Mongolia's 142.28 USD is above the median for upper middle income countries, which is 121.31 USD, 1.2× the median. (51 countries reporting)
  • Mongolia's 142.28 USD is above the median for East Asia & Pacific, which is 118.05 USD, 1.2× the median. (24 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 20.58 USD 15.39 USD 27.52 USD 10
1980s 37.58 USD 30.01 USD 43.57 USD 10
1990s 44.79 USD 33.05 USD 51.02 USD 10
2000s 57.34 USD 34.15 USD 94.68 USD 10
2010s 106.13 USD 92.16 USD 129.02 USD 10
2020s 119.83 USD 98.41 USD 142.28 USD 5

Countries ranked near Mongolia

  1. 20 Liberia 149.18 USD compare
  2. 21 Tuvalu 145.58 USD compare
  3. 22 Iceland 142.63 USD compare
  4. 24 Hungary 140.46 USD compare
  5. 25 North Macedonia 139.22 USD compare
  6. 26 Sudan 139 USD compare

See the full ranking of 246 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gdp deflator — value us$, 2015 prices in Mongolia?
Gdp deflator — value us$, 2015 prices in Mongolia was 142.28 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gdp deflator — value us$, 2015 prices recorded in Mongolia?
The highest recorded value was 142.28 USD in 2024.
What is the lowest gdp deflator — value us$, 2015 prices recorded in Mongolia?
The lowest recorded value was 15.39 USD in 1970.
How does Mongolia rank for gdp deflator — value us$, 2015 prices?
Mongolia ranks 23rd out of 203 countries with data for 2024.
Is gdp deflator — value us$, 2015 prices rising or falling in Mongolia?
Over the last ten years it is up 33.5%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.

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GDP Deflator — Value US$, 2015 prices in Mongolia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 26 September 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-us-2015-prices/mongolia/

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About this data

Indicator
GDP Deflator — Value US$, 2015 prices
Unit
USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
246 places, 12,582 data points, 1970–2024
Last refreshed

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).