Price level ratio of PPP conversion factor (GDP) to market exchange in Mongolia
Mongolia: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.3504 in 2024. ▲ Rising
Latest (2024)
0.3504
Change on year
up 8.0%
World rank
142nd
of 202 countries
All-time high
0.4264
in 2012
All-time low
0.1212
in 1993
Years of data
35
1990–2024
Price level ratio of PPP conversion factor (GDP) to market exchange in Mongolia, 1990–2024
Source: UNESCO Institute for Statistics.
Analysis
Mongolia recorded 0.3504 for price level ratio of ppp conversion factor (gdp) to market exchange in 2024.
That represents a change of up 8.0% on the previous year and down 7.4% over ten years.
Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Mongolia peaked at 0.4264 in 2012 and was at its lowest, 0.1212, in 1993.
Mongolia ranks 142nd of 202 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Price level ratio of PPP conversion factor (GDP) to market exchange in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.3507 | — |
| 1991 | 0.3452 | -1.6% |
| 1992 | 0.206 | -40.3% |
| 1993 | 0.1212 | -41.2% |
| 1994 | 0.14 | +15.5% |
| 1995 | 0.2021 | +44.4% |
| 1996 | 0.1799 | -11.0% |
| 1997 | 0.1494 | -17.0% |
| 1998 | 0.1361 | -8.9% |
| 1999 | 0.1225 | -10.0% |
| 2000 | 0.1273 | +3.9% |
| 2001 | 0.1349 | +5.9% |
| 2002 | 0.1396 | +3.6% |
| 2003 | 0.1462 | +4.7% |
| 2004 | 0.1607 | +9.9% |
| 2005 | 0.184 | +14.5% |
| 2006 | 0.2225 | +20.9% |
| 2007 | 0.2437 | +9.6% |
| 2008 | 0.2916 | +19.6% |
| 2009 | 0.2392 | -17.9% |
| 2010 | 0.3486 | +45.7% |
| 2011 | 0.4216 | +21.0% |
| 2012 | 0.4264 | +1.1% |
| 2013 | 0.4156 | -2.5% |
| 2014 | 0.3785 | -8.9% |
| 2015 | 0.3671 | -3.0% |
| 2016 | 0.3444 | -6.2% |
| 2017 | 0.3286 | -4.6% |
| 2018 | 0.3335 | +1.5% |
| 2019 | 0.3196 | -4.2% |
| 2020 | 0.2922 | -8.6% |
| 2021 | 0.3054 | +4.5% |
| 2022 | 0.3044 | -0.3% |
| 2023 | 0.3243 | +6.5% |
| 2024 | 0.3504 | +8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1953 | 0.1212 | 0.3507 | 10 |
| 2000s | 0.189 | 0.1273 | 0.2916 | 10 |
| 2010s | 0.3684 | 0.3196 | 0.4264 | 10 |
| 2020s | 0.3153 | 0.2922 | 0.3504 | 5 |
Countries ranked near Mongolia
- 139 Côte d'Ivoire 0.3541 compare
- 140 Congo 0.3533 compare
- 141 Türkiye 0.3522 compare
- 143 North Macedonia 0.3502 compare
- 144 Paraguay 0.3464 compare
- 145 Kazakhstan 0.3432 compare
More population data for Mongolia
- Population regions with projections, annual growth rate 0.1039 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.7782 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.1039 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.016 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 4,519 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.02 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.0708 % change on previous year (2100)
- Population growth rate 0.097 (2100)
- Population density 3.54 (2100)
- Projected population under age 5 297,893 (2100)
Frequently asked questions
- What is price level ratio of ppp conversion factor (gdp) to market exchange in Mongolia?
- Price level ratio of ppp conversion factor (gdp) to market exchange in Mongolia was 0.3504 in 2024, according to UNESCO Institute for Statistics.
- What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Mongolia?
- The highest recorded value was 0.4264 in 2012.
- What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Mongolia?
- The lowest recorded value was 0.1212 in 1993.
- How does Mongolia rank for price level ratio of ppp conversion factor (gdp) to market exchange?
- Mongolia ranks 142nd out of 202 countries with data for 2024.
- Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Mongolia?
- Over the last ten years it is down 7.4%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release