Inflation of consumer prices in Mongolia
Mongolia: Inflation of consumer prices was 8.6% in 2025. ◆ Volatile
Inflation of consumer prices in Mongolia, 1993–2025
Source: International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data. Measured in annual %.
Analysis
Mongolia recorded 8.6% for inflation of consumer prices in 2025.
Compared with earlier readings it is up 38.8% on the previous year and up 50.0% over ten years.
Over the whole period, inflation of consumer prices in Mongolia peaked at 268.1% in 1993 and was at its lowest, 0.0%, in 1995.
Mongolia ranks 30th of 190 countries on this measure, 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 |
|---|---|---|---|---|
| 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
- External balance on goods and services as a percent of GDP 5.4% (2025)
- GDP per capita 4,882 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 5.9% (2025)
- Gross domestic product (GDP) 17.42 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,882 constant 2015 US$ (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)
- Taxes less subsidies on products 2.40 billion current US$ (2025)
Frequently asked questions
- What is inflation of consumer prices in Mongolia?
- Inflation of consumer prices in Mongolia was 8.6% in 2025, according to International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest inflation of consumer prices recorded in Mongolia?
- The highest recorded value was 268.1% in 1993.
- What is the lowest inflation of consumer prices recorded in Mongolia?
- The lowest recorded value was 0.0% in 1995.
- How does Mongolia rank for inflation of consumer prices?
- Mongolia ranks 30th out of 190 countries with data for 2025.
- Is inflation of 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 Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Inflation of consumer prices. Statizoid updates them automatically from the source API.
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About this data
Annual changes in the cost to the average consumer of acquiring a set basket of goods and services. This measure is used to track changes in living costs over time.