Mongolia - Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Mongolia was 3.71 as of 2020. As the graph below shows, over the past 38 years this indicator reached a maximum value of 318.90 in 1993 and a minimum value of -9.17 in 1986.

Definition: 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1982 1.98
1983 0.90
1984 -3.09
1985 -1.45
1986 -9.17
1987 0.81
1988 0.93
1989 7.15
1990 23.24
1991 93.32
1992 173.69
1993 318.90
1994 64.32
1995 60.27
1996 10.81
1997 21.67
1998 -1.93
1999 10.88
2000 12.00
2001 10.45
2002 6.37
2003 10.24
2004 16.69
2005 20.10
2006 21.99
2007 11.63
2008 21.45
2009 1.83
2010 39.18
2011 15.12
2012 12.78
2013 2.91
2014 7.45
2015 0.61
2016 2.99
2017 10.80
2018 7.96
2019 9.97
2020 3.71

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices