Mongolia—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #35 of 209
Latest Value
8.9%
2024
YoY Change
-59.0%
2023 → 2024
Global Rank
#35
of 209 countries
Maximum
39.2%
2010
Minimum
0.6%
2015
CAGR
-1.2%
25 years
Last
8.9%
Previous
21.8%
Highest
39.2%
Lowest
0.6%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 8.9% | -59.0% |
| 2023 | 21.8% | +22.9% |
| 2022 | 17.7% | +22.8% |
| 2021 | 14.4% | +289.0% |
| 2020 | 3.7% | -62.8% |
| 2019 | 10.0% | +25.3% |
| 2018 | 8.0% | -26.3% |
| 2017 | 10.8% | +260.8% |
| 2016 | 3.0% | +390.9% |
| 2015 | 0.6% | -91.8% |
| 2014 | 7.4% | +156.2% |
| 2013 | 2.9% | -77.3% |
| 2012 | 12.8% | -15.4% |
| 2011 | 15.1% | -61.4% |
| 2010 | 39.2% | +2044.7% |
| 2009 | 1.8% | -91.5% |
| 2008 | 21.4% | +84.4% |
| 2007 | 11.6% | -47.1% |
| 2006 | 22.0% | +9.4% |
| 2005 | 20.1% | +20.4% |
| 2004 | 16.7% | +63.1% |
| 2003 | 10.2% | +60.7% |
| 2002 | 6.4% | -39.0% |
| 2001 | 10.4% | -12.9% |
| 2000 | 12.0% |
Top Countries — GDP Deflator (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Zimbabwe | 1097.2% | 2024 |
| 2 | Sudan | 243.9% | 2024 |
| 3 | Argentina | 207.6% | 2024 |
| 4 | Lebanon | 202.9% | 2023 |
| 5 | Syrian Arab Republic | 112.1% | 2022 |
| 6 | Turkiye | 59.3% | 2024 |
| 7 | Venezuela, RB | 54.7% | 2024 |
| 8 | Egypt, Arab Rep. | 33.7% | 2024 |
| 9 | Cuba | 32.2% | 2024 |
| 10 | Iran, Islamic Rep. | 28.4% | 2024 |
About This Indicator
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.
Methodology
Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).
Source: World Bank - World Development IndicatorsView original source →