Inflation, GDP deflator: linked series in Mongolia

Mongolia: Inflation, GDP deflator: linked series was 4.4% in 2025. ◆ Volatile

Latest (2025)
4.4%
Change on year
down 51.2%
World rank
77th
of 212 countries
All-time high
318.9%
in 1993
All-time low
-1.9%
in 1998
Years of data
36
1990–2025

Inflation, GDP deflator: linked series in Mongolia, 1990–2025

01002003001990200720251990: 23.2 annual %1991: 93.3 annual %1992: 173.7 annual %1993: 318.9 annual %1994: 64.3 annual %1995: 60.3 annual %1996: 10.8 annual %1997: 21.7 annual %1998: -1.9 annual %1999: 10.9 annual %2000: 12 annual %2001: 10.4 annual %2002: 6.4 annual %2003: 10.2 annual %2004: 16.7 annual %2005: 20.1 annual %2006: 22 annual %2007: 11.6 annual %2008: 21.4 annual %2009: 1.8 annual %2010: 39.2 annual %2011: 15.1 annual %2012: 12.8 annual %2013: 2.9 annual %2014: 7.4 annual %2015: 0.61 annual %2016: 3 annual %2017: 10.8 annual %2018: 8 annual %2019: 10 annual %2020: 3.7 annual %2021: 14.4 annual %2022: 17.7 annual %2023: 21.8 annual %2024: 8.9 annual %2025: 4.4 annual %

Source: Staff estimates, World Bank (WB). Measured in annual %.

Analysis

Mongolia recorded 4.4% for inflation, gdp deflator: linked series in 2025.

The figure is down 51.2% on the previous year and up 614.3% over ten years.

Over the whole period, inflation, gdp deflator: linked series in Mongolia peaked at 318.9% in 1993 and was at its lowest, -1.9%, in 1998.

That places Mongolia 77th out of 212 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Inflation, GDP deflator: linked series in Mongolia, year by year

Annual values for Inflation, GDP deflator: linked series (annual %) in Mongolia, 1990 to 2025.
Year annual % Change
1990 23.2%
1991 93.3% +301.5%
1992 173.7% +86.1%
1993 318.9% +83.6%
1994 64.3% -79.8%
1995 60.3% -6.3%
1996 10.8% -82.1%
1997 21.7% +100.5%
1998 -1.9% -108.9%
1999 10.9% -663.3%
2000 12.0% +10.3%
2001 10.4% -12.9%
2002 6.4% -39.0%
2003 10.2% +60.7%
2004 16.7% +63.1%
2005 20.1% +20.4%
2006 22.0% +9.4%
2007 11.6% -47.1%
2008 21.4% +84.4%
2009 1.8% -91.5%
2010 39.2% +2044.8%
2011 15.1% -61.4%
2012 12.8% -15.4%
2013 2.9% -77.3%
2014 7.4% +156.2%
2015 0.6% -91.8%
2016 3.0% +390.9%
2017 10.8% +260.8%
2018 8.0% -26.3%
2019 10.0% +25.3%
2020 3.7% -62.8%
2021 14.4% +289.0%
2022 17.7% +22.8%
2023 21.8% +22.9%
2024 8.9% -59.0%
2025 4.4% -51.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 77.5% -1.9% 318.9% 10
2000s 13.3% 1.8% 22.0% 10
2010s 11.0% 0.6% 39.2% 10
2020s 11.8% 3.7% 21.8% 6

Countries ranked near Mongolia

  1. 74 Liberia 4.5% compare
  2. 75 Serbia 4.5% compare
  3. 76 Dominican Republic 4.5% compare
  4. 78 Uruguay 4.3% compare
  5. 79 Guinea-Bissau 4.3% compare
  6. 80 Comoros 4.3% compare

See the full ranking of 213 places →

More financial sector data for Mongolia

All data for Mongolia →

Frequently asked questions

What is inflation, gdp deflator: linked series in Mongolia?
Inflation, gdp deflator: linked series in Mongolia was 4.4% in 2025, according to Staff estimates, World Bank (WB).
What is the highest inflation, gdp deflator: linked series recorded in Mongolia?
The highest recorded value was 318.9% in 1993.
What is the lowest inflation, gdp deflator: linked series recorded in Mongolia?
The lowest recorded value was -1.9% in 1998.
How does Mongolia rank for inflation, gdp deflator: linked series?
Mongolia ranks 77th out of 212 countries with data for 2025.
Is inflation, gdp deflator: linked series rising or falling in Mongolia?
Over the last ten years it is up 614.3%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.

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Inflation, GDP deflator: linked series in Mongolia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 22 August 2026, from https://financial-sector.statizoid.com/stat/inflation-gdp-deflator-linked-series-annual-percent/mongolia/

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About this data

Indicator
Inflation, GDP deflator: linked series (annual %)
Unit
annual %
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 7,277 data points, 1990–2025
Last refreshed

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.