Mongolia Inflation Rate 1993-2023
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.
| 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% |
