Mongolia

Asia · Mongolian tugrik (MNT) · 3.6 million people

Inflation

12.9%

▲ 0.4 pt since August · Sep 2026

GDP per person

US$7,108

2025

Inflation and the interest rate

Inflation was 12.9% in Sep 2026, up from 12.5% in August. The interest rate has been 10.75% since Sep 2022.

Monthly, consumer prices year on year.

Exchange rates

Closing rates on 16 Oct 2026. Changes are over 30 days.

Moves are neutral, so they're shown in ink with ▲/▼. All exchange rates

Cost of living

Minimum wage

Monthly, full time · 2024

₮660,000 a month

about US$184

Minimum wage from ILOSTAT.

Economy at a glance

GDP per person at PPP

2025 · international dollars

US$20,800

Population

2025

3.6 million

▲ 1.3% vs 2024

Prices in Mongolia

Subscription prices here, with tax, compared with other countries.

Sources and method

Figures from the IMF, the World Bank and ILOSTAT. Exchange rates are daily rates from the European Central Bank and other central banks, via Frankfurter. For guidance only. Read the disclaimer

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