Mongolia Inflation Rate 1993-2022

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 2021 was 7.10%, a 3.41% increase from 2020.
  • 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sudan 382.82%
Zambia 22.02%
Nigeria 16.95%
Kyrgyz Republic 11.91%
Ghana 9.97%
Georgia 9.57%
Pakistan 9.50%
Bhutan 7.35%
Mongolia 7.10%
Sri Lanka 7.01%
Kenya 6.11%
Lesotho 6.05%
Tunisia 5.71%
Bangladesh 5.55%
Egypt 5.55%
India 5.13%
Moldova 5.11%
Nicaragua 4.93%
Papua New Guinea 4.48%
Honduras 4.48%
Philippines 3.93%
Lao PDR 3.76%
El Salvador 3.47%
Kosovo 3.35%
Cambodia 2.92%
Vanuatu 2.34%
Cameroon 2.27%
Cabo Verde 1.86%
Vietnam 1.83%
Republic of Congo 1.72%
Indonesia 1.56%
Morocco 1.40%
West Bank and Gaza 1.24%
Bolivia 0.74%
Solomon Islands -0.12%
Mongolia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 7.10% 3.41%
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%