Mongolia — Inflation
Inflation, Consumer Prices (Annual %) for Mongolia, 1993–2025.
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%. Within East Asia & Pacific it ranks 2 of 28 economies; Lao PDR (7.74%) is just below it. Its sharpest one-year move was up 107653% in 1996. That is 24% above this series' own ten-year average.
Data highlights
World ranking. Slipped: 11th of 148 in 1993 → 25th of 163 in 2000 → 15th of 186 in 2010 → 49th of 178 in 2020 → 22nd of 169 in 2025.
Key figures
Full history — 1993 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 8.61% | +2.4 pp |
| 2024 | 6.2% | -4.1 pp |
| 2023 | 10.35% | -4.8 pp |
| 2022 | 15.15% | +7.8 pp |
| 2021 | 7.36% | +3.6 pp |
| 2020 | 3.72% | -3.6 pp |
| 2019 | 7.3% | +0.5 pp |
| 2018 | 6.82% | +2.5 pp |
| 2017 | 4.3% | +3.6 pp |
| 2016 | 0.73% | -5.0 pp |
| 2015 | 5.74% | -6.5 pp |
| 2014 | 12.25% | +1.8 pp |
| 2013 | 10.49% | -3.8 pp |
| 2012 | 14.33% | +5.9 pp |
| 2011 | 8.41% | -1.6 pp |
| 2010 | 10.05% | +2.4 pp |
| 2009 | 7.62% | -20.3 pp |
| 2008 | 27.96% | +18.3 pp |
| 2007 | 9.63% | +4.5 pp |
| 2006 | 5.1% | -7.6 pp |
| 2005 | 12.72% | +4.5 pp |
| 2004 | 8.24% | +3.1 pp |
| 2003 | 5.13% | +4.2 pp |
| 2002 | 0.92% | -5.4 pp |
| 2001 | 6.28% | -5.3 pp |
| 2000 | 11.6% | +4.0 pp |
| 1999 | 7.56% | -1.8 pp |
| 1998 | 9.36% | -27.2 pp |
| 1997 | 36.56% | -10.3 pp |
| 1996 | 46.89% | +46.8 pp |
| 1995 | 0.04% | -87.5 pp |
| 1994 | 87.58% | -180.6 pp |
| 1993 | 268.15% | — |
Frequently asked questions
What was Mongolia’s Inflation in 1994?
87.58% (1994). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Mongolia’s Inflation growing or shrinking?
Between 1993 and 2025 the series was shrinking overall: -96.8% in total — about 10.2% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator FP.CPI.TOTL.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 8.61%; 2024: 6.2%; 2023: 10.35%; 2022: 15.15%; 2021: 7.36%. Earlier years are in the full-history table below.
Related data
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.