Mongolia Inflation Rate 1993-2021

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 2020 was 3.69%, a 3.61% decline from 2019.
  • 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Zambia 15.73%
Ghana 9.95%
Pakistan 9.74%
India 6.62%
Kyrgyz Republic 6.33%
Sri Lanka 6.15%
Bangladesh 5.69%
Tunisia 5.63%
Bhutan 5.63%
Kenya 5.40%
Georgia 5.20%
Lao PDR 5.13%
Egypt 5.04%
Lesotho 4.98%
Moldova 3.77%
Mongolia 3.69%
Nicaragua 3.68%
Honduras 3.47%
Vietnam 3.22%
Solomon Islands 2.96%
Ukraine 2.73%
Philippines 2.64%
Cameroon 2.44%
Mauritania 2.39%
Bolivia 0.94%
Morocco 0.71%
Cabo Verde 0.61%
Kosovo 0.20%
El Salvador -0.37%
West Bank and Gaza -0.74%
Mongolia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2020 3.69% -3.61%
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%