PPP conversion factor for private consumption in Mongolia
Mongolia: PPP conversion factor for private consumption was 1,181 LCU per international $ in 2025. ◆ Volatile
Latest (2025)
1,181 LCU per international $
Change on year
up 5.8%
World rank
15th
of 204 countries
All-time high
1,181 LCU per international $
in 2025
All-time low
19.65 LCU per international $
in 1992
Years of data
34
1992–2025
PPP conversion factor for private consumption in Mongolia, 1992–2025
Source: ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data. Measured in LCU per international $.
Analysis
In 2025, ppp conversion factor for private consumption in Mongolia stood at 1,181 LCU per international $. 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 LCU per international $ in 2025 and was at its lowest, 19.65 LCU per international $, 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
| Year | LCU per international $ | Change |
|---|---|---|
| 1992 | 19.65 LCU per international $ | — |
| 1993 | 70.27 LCU per international $ | +257.6% |
| 1994 | 128.46 LCU per international $ | +82.8% |
| 1995 | 125.01 LCU per international $ | -2.7% |
| 1996 | 178.4 LCU per international $ | +42.7% |
| 1997 | 238.05 LCU per international $ | +33.4% |
| 1998 | 256.34 LCU per international $ | +7.7% |
| 1999 | 269.83 LCU per international $ | +5.3% |
| 2000 | 291.28 LCU per international $ | +8.0% |
| 2001 | 301.06 LCU per international $ | +3.4% |
| 2002 | 299.08 LCU per international $ | -0.7% |
| 2003 | 307.44 LCU per international $ | +2.8% |
| 2004 | 324.1 LCU per international $ | +5.4% |
| 2005 | 353.32 LCU per international $ | +9.0% |
| 2006 | 359.72 LCU per international $ | +1.8% |
| 2007 | 383.43 LCU per international $ | +6.6% |
| 2008 | 472.48 LCU per international $ | +23.2% |
| 2009 | 510.29 LCU per international $ | +8.0% |
| 2010 | 552.5 LCU per international $ | +8.3% |
| 2011 | 580.64 LCU per international $ | +5.1% |
| 2012 | 638.34 LCU per international $ | +9.9% |
| 2013 | 728.05 LCU per international $ | +14.1% |
| 2014 | 809.45 LCU per international $ | +11.2% |
| 2015 | 821.28 LCU per international $ | +1.5% |
| 2016 | 834.16 LCU per international $ | +1.6% |
| 2017 | 896.11 LCU per international $ | +7.4% |
| 2018 | 926.38 LCU per international $ | +3.4% |
| 2019 | 957.24 LCU per international $ | +3.3% |
| 2020 | 932.62 LCU per international $ | -2.6% |
| 2021 | 957.84 LCU per international $ | +2.7% |
| 2022 | 1,021 LCU per international $ | +6.6% |
| 2023 | 1,082 LCU per international $ | +6.0% |
| 2024 | 1,116 LCU per international $ | +3.2% |
| 2025 | 1,181 LCU per international $ | +5.8% |
Mongolia compared with similar countries
- Mongolia's 1,181 LCU per international $ is above the median for upper middle income countries, which is 8.77 LCU per international $, 134.6× the median. (57 countries reporting)
- Mongolia's 1,181 LCU per international $ is above the median for East Asia & Pacific, which is 2.32 LCU per international $, 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.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +257.6% | 19.65 LCU per international $ | 70.27 LCU per international $ |
| 1994 | +82.8% | 70.27 LCU per international $ | 128.46 LCU per international $ |
| 1996 | +42.7% | 125.01 LCU per international $ | 178.4 LCU per international $ |
| 1997 | +33.4% | 178.4 LCU per international $ | 238.05 LCU per international $ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 160.75 LCU per international $ | 19.65 LCU per international $ | 269.83 LCU per international $ | 8 |
| 2000s | 360.22 LCU per international $ | 291.28 LCU per international $ | 510.29 LCU per international $ | 10 |
| 2010s | 774.41 LCU per international $ | 552.5 LCU per international $ | 957.24 LCU per international $ | 10 |
| 2020s | 1,049 LCU per international $ | 932.62 LCU per international $ | 1,181 LCU per international $ | 6 |
Countries ranked near Mongolia
- 12 Burundi 1,345 LCU per international $ compare
- 13 Uganda 1,337 LCU per international $ compare
- 14 Madagascar 1,315 LCU per international $ compare
- 16 Democratic Republic of Congo 928.6 LCU per international $ compare
- 17 South Korea 880.12 LCU per international $ compare
- 18 Tanzania 661.5 LCU per international $ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 55.47 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0023 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.78 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 23.79 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1169 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 789.32 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 27.16 % change on previous year (2025)
Frequently asked questions
- What is ppp conversion factor for private consumption in Mongolia?
- Ppp conversion factor for private consumption in Mongolia was 1,181 LCU per international $ in 2025, according to ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Mongolia?
- The highest recorded value was 1,181 LCU per international $ in 2025.
- What is the lowest ppp conversion factor for private consumption recorded in Mongolia?
- The lowest recorded value was 19.65 LCU per international $ 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 ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by 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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