Inflation, consumer prices (annual %) (International Financial) in Mongolia
Mongolia: Inflation, consumer prices (annual %) (International Financial) was 8.6% in 2025. ◆ Volatile
Inflation, consumer prices in Mongolia, 1993–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2025, inflation, consumer prices in Mongolia stood at 8.6%.
That represents a change of up 38.8% on the previous year and up 50.0% over ten years.
Over the whole period, inflation, consumer prices in Mongolia peaked at 268.1% in 1993 and was at its lowest, 0.0%, in 1995.
Mongolia ranks 30th of 192 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices (annual %) (International Financial) in Mongolia, year by year
| Year | annual % | Change |
|---|---|---|
| 1993 | 268.1% | — |
| 1994 | 87.6% | -67.3% |
| 1995 | 0.0% | -100.0% |
| 1996 | 46.9% | +107653.2% |
| 1997 | 36.6% | -22.0% |
| 1998 | 9.4% | -74.4% |
| 1999 | 7.6% | -19.2% |
| 2000 | 11.6% | +53.3% |
| 2001 | 6.3% | -45.9% |
| 2002 | 0.9% | -85.4% |
| 2003 | 5.1% | +459.3% |
| 2004 | 8.2% | +60.7% |
| 2005 | 12.7% | +54.3% |
| 2006 | 5.1% | -59.9% |
| 2007 | 9.6% | +89.0% |
| 2008 | 28.0% | +190.3% |
| 2009 | 7.6% | -72.7% |
| 2010 | 10.0% | +31.8% |
| 2011 | 8.4% | -16.3% |
| 2012 | 14.3% | +70.4% |
| 2013 | 10.5% | -26.8% |
| 2014 | 12.3% | +16.8% |
| 2015 | 5.7% | -53.2% |
| 2016 | 0.7% | -87.2% |
| 2017 | 4.3% | +486.6% |
| 2018 | 6.8% | +58.7% |
| 2019 | 7.3% | +7.0% |
| 2020 | 3.7% | -49.0% |
| 2021 | 7.4% | +97.6% |
| 2022 | 15.2% | +105.9% |
| 2023 | 10.3% | -31.7% |
| 2024 | 6.2% | -40.1% |
| 2025 | 8.6% | +38.8% |
Mongolia compared with similar countries
- Mongolia's 8.6% is above the median for upper middle income countries, which is 3.3%, 2.6× the median. (55 countries reporting)
- Mongolia's 8.6% is above the median for East Asia & Pacific, which is 2.1%, 4.1× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Inflation, consumer prices (annual %) (International Financial) 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 |
|---|---|---|---|
| 1996 | +107653.2% | 0.0% | 46.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 65.2% | 0.0% | 268.1% | 7 |
| 2000s | 9.5% | 0.9% | 28.0% | 10 |
| 2010s | 8.0% | 0.7% | 14.3% | 10 |
| 2020s | 8.6% | 3.7% | 15.2% | 6 |
Countries ranked near Mongolia
- 27 Uzbekistan 8.8% compare
- 28 Bangladesh 8.8% compare
- 29 Russia 8.7% compare
- 31 Liberia 8.3% compare
- 32 Kyrgyzstan 8.2% compare
- 33 Yemen 8.1% 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)
- SDRs holdings, US dollar, annual growth rate -2.15 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 24.74 units per person (2025)
- SDRs holdings, SDR, annual growth rate -6.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 18.07 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -22.42 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0068 units per US$ of GDP (2025)
Frequently asked questions
- What is inflation, consumer prices in Mongolia?
- Inflation, consumer prices in Mongolia was 8.6% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest inflation, consumer prices recorded in Mongolia?
- The highest recorded value was 268.1% in 1993.
- What is the lowest inflation, consumer prices recorded in Mongolia?
- The lowest recorded value was 0.0% in 1995.
- How does Mongolia rank for inflation, consumer prices?
- Mongolia ranks 30th out of 192 countries with data for 2025.
- Is inflation, consumer prices rising or falling in Mongolia?
- Over the last ten years it is up 50.0%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.