Development of inflation rates in Mongolia

The inflation rate in Germany moved over the past years between 0.0% and 268.2%. For 2016, an inflation rate of 0.6% was calculated.

During the observation period from 1993 to 2016, the average inflation rate was 26.5% per year. Overall, the price increase was 6,800.86 %. An item that cost 100 Tugrik in 1992 was 2016 so charged 6,900.86 Tugrik.

In only a very few countries, the price increase is that high. The rate of 268.2% in 1993 means, that compared to the previous year all prices have been increased by an average of 268.2%. In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.

Back to overview: Mongolia

Inflation developments of the past 23 years compared to the European Union

Performance based on 100% in 1992.



      Mongolia       European Union


JahrMongoliaØ European Union
1993268.15 %4.61 %
199487.58 %4.71 %
19950.04 %4.27 %
199646.89 %3.34 %
199736.56 %2.65 %
19989.36 %2.41 %
19997.56 %2.17 %
200011.60 %3.16 %
20016.28 %3.15 %
20020.92 %2.31 %
20035.13 %2.10 %
20048.24 %2.26 %
200512.72 %2.48 %
20065.10 %2.60 %
20079.05 %2.63 %
200825.06 %4.20 %
20096.28 %0.95 %
201010.15 %1.67 %
20119.48 %3.31 %
201214.98 %2.72 %
20138.60 %1.39 %
201413.02 %0.22 %
20155.78 %-0.06 %
20160.55 %0.22 %