Mongolia Inflation Rate 1993-2020

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Mongolia inflation rate for 2019 was 7.30%, a 0.49% increase from 2018.
  • Mongolia inflation rate for 2018 was 6.81%, a 2.5% increase from 2017.
  • Mongolia inflation rate for 2017 was 4.31%, a 3.57% increase from 2016.
  • Mongolia inflation rate for 2016 was 0.74%, a 4.98% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sudan 50.99%
Angola 17.15%
Nigeria 11.40%
Pakistan 10.58%
Zambia 9.15%
Myanmar 8.83%
Ukraine 7.89%
India 7.66%
Mongolia 7.30%
Ghana 7.18%
Tunisia 6.72%
Bangladesh 5.59%
Nicaragua 5.38%
Lesotho 5.19%
Georgia 4.85%
Moldova 4.84%
Honduras 4.37%
Papua New Guinea 3.64%
Sri Lanka 3.53%
Lao PDR 3.32%
Djibouti 3.32%
Indonesia 3.03%
Vietnam 2.80%
Vanuatu 2.76%
Bhutan 2.73%
Kosovo 2.68%
Philippines 2.48%
Cameroon 2.45%
Mauritania 2.30%
Congo, Rep. 2.21%
Bolivia 1.84%
Solomon Islands 1.63%
West Bank and Gaza 1.58%
Kyrgyz Republic 1.13%
Cabo Verde 1.11%
Morocco 0.20%
El Salvador 0.08%
Mongolia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2019 7.30% 0.49%
2018 6.81% 2.50%
2017 4.31% 3.57%
2016 0.74% -4.98%
2015 5.73% -6.53%
2014 12.25% 1.76%
2013 10.49% -3.84%
2012 14.33% 5.92%
2011 8.41% -1.64%
2010 10.05% 2.43%
2009 7.62% -20.34%
2008 27.96% 18.32%
2007 9.63% 4.54%
2006 5.10% -7.62%
2005 12.72% 4.48%
2004 8.24% 3.11%
2003 5.13% 4.21%
2002 0.92% -5.36%
2001 6.28% -5.32%
2000 11.60% 4.03%
1999 7.56% -1.79%
1998 9.36% -27.20%
1997 36.56% -10.33%
1996 46.89% 46.85%
1995 0.04% -87.54%
1994 87.58% -180.57%
1993 268.15% -180.57%