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Mongolia — Inflation

Inflation, Consumer Prices (Annual %) for Mongolia, 1993–2025.

Latest value · 2025
8.61%
Inflation, Consumer Prices (Annual %) · annual % · -96.8% since 1993

Inflation for Mongolia was 8.61% in 2025, according to the latest World Bank data. The series covers 33 years, from 1993 to 2025. The highest recorded value was 268.15% in 1993. The lowest was 0.04% in 1995 (about 197.8× the low point). Across that span the compound annual growth rate works out to -10.19% per year.

Mongolia ranks 28 of 187 economies on this measure (1 = highest), putting it in the top 15%. The median for East Asia & Pacific is 2.21%, so Mongolia sits above it. It peaked in 1993 and has fallen 97% since. Over the last decade (2015–2025) the figure moved up 50%.

Key figures

Latest (2025)
8.61%
First (1993)
268.15%
Change
-96.8%
Highest
268.15%
in 1993
Lowest
0.04%
in 1995
Average
20.70%
Annual growth (CAGR)
-10.19%
Years of data
33

Recent years

Yearannual %
20258.61%
20246.2%
202310.35%
202215.15%
20217.36%
20203.72%
20197.3%
20186.82%
20174.3%
20160.73%
20155.74%
201412.25%
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.