Mongolia
Inflation in Mongolia
Inflation in Mongolia: 120.2% a year in 1991 and 8.6% a year in 2025, by IMF estimates.
- Latest, 2025
- 8.6% a year
- Since 1991
- −111.6 percentage points
- Rank, 2025
- 23 of 179
- counting from the highest
- Projected, 2031
- 6.7% a year
- IMF projection (World Economic Outlook, October 2026)
% a year · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 6.7% a year in 2031.
- The highest was 268.4% a year in 1993, the lowest 0.2% a year in 1995.
Every year
% a year · IMF
| Year | Mongolia |
|---|---|
| 2025 | 8.6 |
| 2024 | 6.2 |
| 2023 | 10.4 |
| 2022 | 15.1 |
| 2021 | 7.4 |
| 2020 | 3.7 |
| 2019 | 7.3 |
| 2018 | 6.8 |
| 2017 | 4.3 |
| 2016 | 0.8 |
| 2015 | 6.8 |
| 2014 | 12.9 |
| 2013 | 10.6 |
| 2012 | 13.9 |
| 2011 | 8.8 |
| 2010 | 8.3 |
| 2009 | 7.6 |
| 2008 | 28 |
| 2007 | 9.6 |
| 2006 | 4.4 |
| 2005 | 12.6 |
| 2004 | 8.3 |
| 2003 | 5.2 |
| 2002 | 0.9 |
| 2001 | 6.4 |
| 2000 | 11.3 |
| 1999 | 7.6 |
| 1998 | 9.5 |
| 1997 | 30 |
| 1996 | 46.8 |
| 1995 | 0.2 |
| 1994 | 193.4 |
| 1993 | 268.4 |
| 1992 | 202.9 |
| 1991 | 120.2 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Mongolia |
|---|---|
| 2026 | 11.1 |
| 2027 | 10.7 |
| 2028 | 8.2 |
| 2029 | 7.4 |
| 2030 | 6.9 |
| 2031 | 6.7 |
Good to know
- How much consumer prices rose in a year, on average.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 179 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Mongolia in numbers
Every measure for Mongolia on one page
Health
People
Economy
Education
Politics
Conflict
Military
- Military spending0.88% of GDP in 2025
- Military spending in US dollars$214M in 2025
- Military spending per person$63 in 2025
- Military share of state spending2.5% of government spending in 2025
- Armed forces personnel18,000 people in 2020
- National power0.03% of world capability in 2022
- Armed forces, share of workers1.27% of the labour force in 2020
- Arms imports3 million TIV in 2022