Inflation, GDP deflator (annual %) in Mongolia
Mongolia: Inflation, GDP deflator was 4.4% in 2025. ◆ Volatile
Inflation, GDP deflator in Mongolia, 1982–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
Mongolia recorded 4.4% for inflation, gdp deflator in 2025.
That represents a change of down 51.2% on the previous year and up 614.3% over ten years.
Over the whole period, inflation, gdp deflator in Mongolia peaked at 318.9% in 1993 and was at its lowest, -9.2%, in 1986.
Mongolia ranks 78th of 214 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Mongolia, year by year
| Year | annual % | Change |
|---|---|---|
| 1982 | 2.0% | — |
| 1983 | 0.9% | -54.4% |
| 1984 | -3.1% | -441.5% |
| 1985 | -1.4% | -53.1% |
| 1986 | -9.2% | +533.4% |
| 1987 | 0.8% | -108.8% |
| 1988 | 0.9% | +15.0% |
| 1989 | 7.1% | +667.8% |
| 1990 | 23.2% | +225.2% |
| 1991 | 93.3% | +301.5% |
| 1992 | 173.7% | +86.1% |
| 1993 | 318.9% | +83.6% |
| 1994 | 64.3% | -79.8% |
| 1995 | 60.3% | -6.3% |
| 1996 | 10.8% | -82.1% |
| 1997 | 21.7% | +100.5% |
| 1998 | -1.9% | -108.9% |
| 1999 | 10.9% | -663.3% |
| 2000 | 12.0% | +10.3% |
| 2001 | 10.4% | -12.9% |
| 2002 | 6.4% | -39.0% |
| 2003 | 10.2% | +60.7% |
| 2004 | 16.7% | +63.1% |
| 2005 | 20.1% | +20.4% |
| 2006 | 22.0% | +9.4% |
| 2007 | 11.6% | -47.1% |
| 2008 | 21.4% | +84.4% |
| 2009 | 1.8% | -91.5% |
| 2010 | 39.2% | +2044.8% |
| 2011 | 15.1% | -61.4% |
| 2012 | 12.8% | -15.4% |
| 2013 | 2.9% | -77.3% |
| 2014 | 7.4% | +156.2% |
| 2015 | 0.6% | -91.8% |
| 2016 | 3.0% | +390.9% |
| 2017 | 10.8% | +260.8% |
| 2018 | 8.0% | -26.3% |
| 2019 | 10.0% | +25.3% |
| 2020 | 3.7% | -62.8% |
| 2021 | 14.4% | +289.0% |
| 2022 | 17.7% | +22.8% |
| 2023 | 21.8% | +22.9% |
| 2024 | 8.9% | -59.0% |
| 2025 | 4.4% | -51.2% |
Mongolia compared with similar countries
- Mongolia's 4.4% is above the median for upper middle income countries, which is 3.3%, 1.3× the median. (59 countries reporting)
- Mongolia's 4.4% is above the median for East Asia & Pacific, which is 2.6%, 1.7× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator 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 |
|---|---|---|---|
| 2010 | +2044.8% | 1.8% | 39.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -0.2% | -9.2% | 7.1% | 8 |
| 1990s | 77.5% | -1.9% | 318.9% | 10 |
| 2000s | 13.3% | 1.8% | 22.0% | 10 |
| 2010s | 11.0% | 0.6% | 39.2% | 10 |
| 2020s | 11.8% | 3.7% | 21.8% | 6 |
Countries ranked near Mongolia
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, gdp deflator in Mongolia?
- Inflation, gdp deflator in Mongolia was 4.4% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Mongolia?
- The highest recorded value was 318.9% in 1993.
- What is the lowest inflation, gdp deflator recorded in Mongolia?
- The lowest recorded value was -9.2% in 1986.
- How does Mongolia rank for inflation, gdp deflator?
- Mongolia ranks 78th out of 214 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Mongolia?
- Over the last ten years it is up 614.3%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.