Ppp conversion factor for private consumption in Mongolia

Mongolia: Ppp conversion factor for private consumption was 1,181 in 2025. ◆ Volatile

Latest (2025)
1,181
Change on year
up 5.8%
World rank
15th
of 204 countries
All-time high
1,181
in 2025
All-time low
19.65
in 1992
Years of data
34
1992–2025

Ppp conversion factor for private consumption in Mongolia, 1992–2025

02505007501.0k1.2k1992200820251992: 19.71993: 70.31994: 128.51995: 1251996: 178.41997: 2381998: 256.31999: 269.82000: 291.32001: 301.12002: 299.12003: 307.42004: 324.12005: 353.32006: 359.72007: 383.42008: 472.52009: 510.32010: 552.52011: 580.62012: 638.32013: 728.12014: 809.42015: 821.32016: 834.22017: 896.12018: 926.42019: 957.22020: 932.62021: 957.82022: 1.0k2023: 1.1k2024: 1.1k2025: 1.2k

Source: Our World in Data.

Analysis

In 2025, ppp conversion factor for private consumption in Mongolia stood at 1,181. That is the highest value across all 34 years on record.

That represents a change of up 5.8% on the previous year and up 43.8% over ten years.

Over the whole period, ppp conversion factor for private consumption in Mongolia peaked at 1,181 in 2025 and was at its lowest, 19.65, in 1992.

That places Mongolia 15th out of 204 countries with data for 2025, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Ppp conversion factor for private consumption in Mongolia, year by year

Annual values for Ppp conversion factor for private consumption in Mongolia, 1992 to 2025.
Year Value Change
1992 19.65 —
1993 70.27 +257.6%
1994 128.46 +82.8%
1995 125.01 -2.7%
1996 178.4 +42.7%
1997 238.05 +33.4%
1998 256.34 +7.7%
1999 269.83 +5.3%
2000 291.28 +8.0%
2001 301.06 +3.4%
2002 299.08 -0.7%
2003 307.44 +2.8%
2004 324.1 +5.4%
2005 353.32 +9.0%
2006 359.72 +1.8%
2007 383.43 +6.6%
2008 472.48 +23.2%
2009 510.29 +8.0%
2010 552.5 +8.3%
2011 580.64 +5.1%
2012 638.34 +9.9%
2013 728.05 +14.1%
2014 809.45 +11.2%
2015 821.28 +1.5%
2016 834.16 +1.6%
2017 896.11 +7.4%
2018 926.38 +3.4%
2019 957.24 +3.3%
2020 932.62 -2.6%
2021 957.84 +2.7%
2022 1,021 +6.6%
2023 1,082 +6.0%
2024 1,116 +3.2%
2025 1,181 +5.8%

Mongolia compared with similar countries

  • Mongolia's 1,181 is above the median for upper middle income countries, which is 8.77, 134.6× the median. (57 countries reporting)
  • Mongolia's 1,181 is above the median for East Asia & Pacific, which is 2.32, 508.5× the median. (36 countries reporting)

Biggest year-on-year movements

Years where Ppp conversion factor for private consumption 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.

YearChange FromTo
1993 +257.6% 19.65 70.27
1994 +82.8% 70.27 128.46
1996 +42.7% 125.01 178.4
1997 +33.4% 178.4 238.05

Averages by decade

DecadeAverage LowestHighest Years
1990s 160.75 19.65 269.83 8
2000s 360.22 291.28 510.29 10
2010s 774.41 552.5 957.24 10
2020s 1,049 932.62 1,181 6

Countries ranked near Mongolia

  1. 12 Burundi 1,345 compare
  2. 13 Uganda 1,337 compare
  3. 14 Madagascar 1,315 compare
  4. 16 Democratic Republic of Congo 928.6 compare
  5. 17 South Korea 880.12 compare
  6. 18 Tanzania 661.5 compare

See the full ranking of 204 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is ppp conversion factor for private consumption in Mongolia?
Ppp conversion factor for private consumption in Mongolia was 1,181 in 2025, according to Our World in Data.
What is the highest ppp conversion factor for private consumption recorded in Mongolia?
The highest recorded value was 1,181 in 2025.
What is the lowest ppp conversion factor for private consumption recorded in Mongolia?
The lowest recorded value was 19.65 in 1992.
How does Mongolia rank for ppp conversion factor for private consumption?
Mongolia ranks 15th out of 204 countries with data for 2025.
Is ppp conversion factor for private consumption rising or falling in Mongolia?
Over the last ten years it is up 43.8%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Our World in Data, published as part of Ppp conversion factor for private consumption. Statizoid updates them automatically from the source API.

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Ppp conversion factor for private consumption in Mongolia. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/ppp-conversion-factor-for-private-consumption/mongolia/

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About this data

Indicator
Ppp conversion factor for private consumption
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
204 places, 6,323 data points, 1990–2025
Last refreshed