Price level index in Mongolia
Mongolia: Price level index was 34.18 GDP in 2025. ▲ Rising
Price level index in Mongolia, 1990–2025
Source: World Development Indicators, World Bank (WB). Measured in GDP.
Analysis
In 2025, price level index in Mongolia stood at 34.18 GDP.
The figure is down 2.9% on the previous year and down 6.9% over ten years.
Over the whole period, price level index in Mongolia peaked at 42.64 GDP in 2012 and was at its lowest, 12.12 GDP, in 1993.
That places Mongolia 154th out of 204 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Price level index in Mongolia, year by year
| Year | GDP | Change |
|---|---|---|
| 1990 | 35.07 GDP | — |
| 1991 | 34.52 GDP | -1.6% |
| 1992 | 20.6 GDP | -40.3% |
| 1993 | 12.12 GDP | -41.2% |
| 1994 | 14 GDP | +15.5% |
| 1995 | 20.21 GDP | +44.4% |
| 1996 | 17.99 GDP | -11.0% |
| 1997 | 14.94 GDP | -17.0% |
| 1998 | 13.61 GDP | -8.9% |
| 1999 | 12.25 GDP | -10.0% |
| 2000 | 12.73 GDP | +3.9% |
| 2001 | 13.49 GDP | +5.9% |
| 2002 | 13.97 GDP | +3.6% |
| 2003 | 14.62 GDP | +4.7% |
| 2004 | 16.07 GDP | +9.9% |
| 2005 | 18.4 GDP | +14.5% |
| 2006 | 22.25 GDP | +20.9% |
| 2007 | 24.37 GDP | +9.5% |
| 2008 | 29.16 GDP | +19.6% |
| 2009 | 23.93 GDP | -17.9% |
| 2010 | 34.86 GDP | +45.7% |
| 2011 | 42.16 GDP | +21.0% |
| 2012 | 42.64 GDP | +1.1% |
| 2013 | 41.56 GDP | -2.5% |
| 2014 | 37.85 GDP | -8.9% |
| 2015 | 36.71 GDP | -3.0% |
| 2016 | 34.44 GDP | -6.2% |
| 2017 | 32.86 GDP | -4.6% |
| 2018 | 33.35 GDP | +1.5% |
| 2019 | 31.96 GDP | -4.2% |
| 2020 | 29.22 GDP | -8.6% |
| 2021 | 30.54 GDP | +4.5% |
| 2022 | 30.45 GDP | -0.3% |
| 2023 | 32.4 GDP | +6.4% |
| 2024 | 35.21 GDP | +8.7% |
| 2025 | 34.18 GDP | -2.9% |
Mongolia compared with similar countries
- Mongolia's 34.18 GDP is below the median for upper middle income countries, which is 40.95 GDP, 83% of the median. (58 countries reporting)
- Mongolia's 34.18 GDP is below the median for East Asia & Pacific, which is 57.9 GDP, 59% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.53 GDP | 12.12 GDP | 35.07 GDP | 10 |
| 2000s | 18.9 GDP | 12.73 GDP | 29.16 GDP | 10 |
| 2010s | 36.84 GDP | 31.96 GDP | 42.64 GDP | 10 |
| 2020s | 32 GDP | 29.22 GDP | 35.21 GDP | 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)
- 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 price level index in Mongolia?
- Price level index in Mongolia was 34.18 GDP in 2025, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in Mongolia?
- The highest recorded value was 42.64 GDP in 2012.
- What is the lowest price level index recorded in Mongolia?
- The lowest recorded value was 12.12 GDP in 1993.
- How does Mongolia rank for price level index?
- Mongolia ranks 154th out of 204 countries with data for 2025.
- Is price level index rising or falling in Mongolia?
- Over the last ten years it is down 6.9%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Price level index (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.