GDP deflator (base year varies by country), annual growth rate in Mongolia

Mongolia: GDP deflator (base year varies by country), annual growth rate was 8.24 % change on previous year in 2024. ◆ Volatile

Latest (2024)
8.24 % change on previous year
Change on year
down 62.1%
World rank
41st
of 211 countries
All-time high
318.9 % change on previous year
in 1993
All-time low
-9.18 % change on previous year
in 1986
Years of data
43
1982–2024

GDP deflator (base year varies by country), annual growth rate in Mongolia, 1982–2024

01002003001982200320241982: 2 % change on previous year1983: 0.907 % change on previous year1984: -3.1 % change on previous year1985: -1.4 % change on previous year1986: -9.2 % change on previous year1987: 0.815 % change on previous year1988: 0.926 % change on previous year1989: 7.1 % change on previous year1990: 23.2 % change on previous year1991: 93.3 % change on previous year1992: 173.7 % change on previous year1993: 318.9 % change on previous year1994: 64.3 % change on previous year1995: 60.3 % change on previous year1996: 10.8 % change on previous year1997: 21.7 % change on previous year1998: -1.9 % change on previous year1999: 10.9 % change on previous year2000: 12 % change on previous year2001: 10.4 % change on previous year2002: 6.4 % change on previous year2003: 10.2 % change on previous year2004: 16.7 % change on previous year2005: 20.1 % change on previous year2006: 22 % change on previous year2007: 11.6 % change on previous year2008: 21.4 % change on previous year2009: 1.8 % change on previous year2010: 39.2 % change on previous year2011: 15.1 % change on previous year2012: 12.8 % change on previous year2013: 2.9 % change on previous year2014: 7.4 % change on previous year2015: 0.61 % change on previous year2016: 3 % change on previous year2017: 10.8 % change on previous year2018: 8 % change on previous year2019: 10 % change on previous year2020: 3.7 % change on previous year2021: 14.4 % change on previous year2022: 17.7 % change on previous year2023: 21.8 % change on previous year2024: 8.2 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Mongolia recorded 8.24 % change on previous year for gdp deflator (base year varies by country), annual growth rate in 2024.

That represents a change of down 62.1% on the previous year and up 10.7% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Mongolia peaked at 318.9 % change on previous year in 1993 and was at its lowest, -9.18 % change on previous year, in 1986.

Mongolia ranks 41st of 211 countries on this measure, in the top quarter.

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

GDP deflator (base year varies by country), annual growth rate in Mongolia, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Mongolia, 1982 to 2024.
Year % change on previous year Change
1982 1.98 % change on previous year
1983 0.9073 % change on previous year -54.1%
1984 -3.09 % change on previous year -440.4%
1985 -1.44 % change on previous year -53.2%
1986 -9.18 % change on previous year +535.2%
1987 0.815 % change on previous year -108.9%
1988 0.9261 % change on previous year +13.6%
1989 7.15 % change on previous year +671.7%
1990 23.25 % change on previous year +225.3%
1991 93.32 % change on previous year +301.4%
1992 173.69 % change on previous year +86.1%
1993 318.9 % change on previous year +83.6%
1994 64.32 % change on previous year -79.8%
1995 60.27 % change on previous year -6.3%
1996 10.81 % change on previous year -82.1%
1997 21.67 % change on previous year +100.5%
1998 -1.93 % change on previous year -108.9%
1999 10.88 % change on previous year -663.2%
2000 12 % change on previous year +10.3%
2001 10.45 % change on previous year -12.9%
2002 6.37 % change on previous year -39.0%
2003 10.24 % change on previous year +60.7%
2004 16.69 % change on previous year +63.1%
2005 20.1 % change on previous year +20.4%
2006 21.99 % change on previous year +9.4%
2007 11.63 % change on previous year -47.1%
2008 21.45 % change on previous year +84.5%
2009 1.83 % change on previous year -91.5%
2010 39.18 % change on previous year +2044.7%
2011 15.12 % change on previous year -61.4%
2012 12.78 % change on previous year -15.4%
2013 2.91 % change on previous year -77.3%
2014 7.45 % change on previous year +156.2%
2015 0.6098 % change on previous year -91.8%
2016 2.99 % change on previous year +390.8%
2017 10.8 % change on previous year +260.9%
2018 7.96 % change on previous year -26.3%
2019 9.97 % change on previous year +25.3%
2020 3.71 % change on previous year -62.8%
2021 14.42 % change on previous year +289.0%
2022 17.71 % change on previous year +22.8%
2023 21.77 % change on previous year +22.9%
2024 8.24 % change on previous year -62.1%

Averages by decade

DecadeAverage LowestHighest Years
1980s -0.2422 % change on previous year -9.18 % change on previous year 7.15 % change on previous year 8
1990s 77.52 % change on previous year -1.93 % change on previous year 318.9 % change on previous year 10
2000s 13.27 % change on previous year 1.83 % change on previous year 21.99 % change on previous year 10
2010s 10.98 % change on previous year 0.6098 % change on previous year 39.18 % change on previous year 10
2020s 13.17 % change on previous year 3.71 % change on previous year 21.77 % change on previous year 5

Countries ranked near Mongolia

  1. 38 Belarus 8.77 % change on previous year compare
  2. 39 Bolivia, Plurinational State of 8.54 % change on previous year compare
  3. 40 Gambia 8.37 % change on previous year compare
  4. 42 Palau 8.24 % change on previous year compare
  5. 43 Kazakhstan 8.05 % change on previous year compare
  6. 44 Papua New Guinea 7.95 % change on previous year compare

See the full ranking of 211 places →

More population data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Mongolia?
Gdp deflator (base year varies by country), annual growth rate in Mongolia was 8.24 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Mongolia?
The highest recorded value was 318.9 % change on previous year in 1993.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Mongolia?
The lowest recorded value was -9.18 % change on previous year in 1986.
How does Mongolia rank for gdp deflator (base year varies by country), annual growth rate?
Mongolia ranks 41st out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Mongolia?
Over the last ten years it is up 10.7%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Mongolia. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/mongolia/

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How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.