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Cost of moneyMongolia

Inflation rate in Mongolia

How fast are prices rising where I live — or where I might?

Mongolia's inflation rate is 8.61 % #105 of 126 countries on the atlas (closer to 2 % is better). Period 2025.

8.61%

Checked 22 Sept 2026Period 2025

Source: Annual CPI inflation (shared satsatlas data engine: World Bank + Eurostat + SSB)

At 8.6 % a year, prices double in about 8 years if it holds.

Inflation rate in Mongolia over time

27.96 %14.34 %0.73 %2 % target27.96 % · 20080.73 % · 20162000: 11.60 %2001: 6.28 %2002: 0.92 %2003: 5.13 %2004: 8.24 %2005: 12.72 %2006: 5.10 %2007: 9.63 %2008: 27.96 %2009: 7.62 %2010: 10.05 %2011: 8.41 %2012: 14.33 %2013: 10.49 %2014: 12.25 %2015: 5.74 %2016: 0.73 %2017: 4.30 %2018: 6.82 %2019: 7.30 %2020: 3.72 %2021: 7.36 %2022: 15.15 %2023: 10.35 %2024: 6.20 %2025: 8.61 %2000201220258.61 %
26 official observations, 20002025. Every point is a published value — never interpolated.
Rank
#105 of 126
closer to 2 % is better
Ranked behind
17 %
21 of 126 countries
Latest move
▲ 2.41 pp
since 2024
Below its peak
19.35 pp
peak 27.96 % in 2008
Full series
▼ 2.99 pp
since 2000

In Asia: #30 of 37vs median 3.12 %: +5.49 pp (worse)

The doubling clock

At Mongolia's current 8.61 % — prices double in~8 yrsAt the ~2 % target — prices double in~35 yrs
Exact compounding (ln 2 ÷ ln(1 + rate)), not the rule-of-72 shortcut — and an if-it-holds projection, not a forecast: the clock is reset by every new inflation reading. The target line is the context — most central banks aim near 2 %, where prices double about once a working life.

Among 126 countries

22 of 126 countries between -0.30 % and 1.11 %33 of 126 countries between 1.11 % and 2.52 %30 of 126 countries between 2.52 % and 3.93 %13 of 126 countries between 3.93 % and 5.34 %3 of 126 countries between 5.34 % and 6.75 %3 of 126 countries between 6.75 % and 8.16 %5 of 126 countries between 8.16 % and 9.57 %1 of 126 countries between 10.98 % and 12.39 %2 of 126 countries between 12.39 % and 13.80 %4 of 126 countries between 13.80 % and 15.21 %2 of 126 countries between 19.45 % and 20.86 %1 of 126 countries between 20.86 % and 22.27 %1 of 126 countries between 22.27 % and 23.68 %2 of 126 countries between 27.91 % and 29.32 %4 of 126 countries between 32.14 % and 33.55 %median 3.06 %Mongolia: ahead of 17 % of the 126 countries with a published inflationMongolia 8.61 %-0.30 %33.55 %
Half of all 126 countries sit between 1.66 % and 4.65 %. Mongolia is ahead of 17 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryInflationvs Mongolia
103 Madagascar8.05 %−0.56 pp
104 Kyrgyzstan8.21 %−0.40 pp
105 Mongolia8.61 %
106 Russia8.72 %+0.11 pp
107 Bangladesh8.77 %+0.16 pp

Annual CPI inflation from official statistics (World Bank, Eurostat, SSB). Ranked and coloured by distance from the ~2 % target most central banks aim for — deflation is not "winning".

How to read this figure

Annual change in the consumer price index — how much more the same basket costs than a year ago. Derived from official index levels (World Bank collection); one number for the whole country, so your personal basket may run hotter or colder. Ranked and coloured by distance from the ~2 % target most central banks aim for: deflation is a warning sign, not a win, so the greenest countries sit NEAR the target — not at the lowest number.

Next, about Mongolia

Money's valuePrice levelAverage monthly salary
Inflation rate, all countries ranked →Compare Mongolia with another country →Everything about Mongolia
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