Mongolia PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Mongolia's ppp conversion factor was 1,293.60 in 2025, ranked 14th globally. This represents a 8.2% increase from 2024. Data from World Bank, covering 1990–2025.
Overview
Mongolia's ppp conversion factor stood at 1,293.60 in 2025, a rise of +98.26 from 2024. Based on recent trends, this figure is projected to reach 1,293.60 by 2025. Mongolia ranked 14th globally.
Mongolia’s purchasing power parity (PPP) conversion factor has risen dramatically from a trough of 1.75 in 1990 to an all‑time peak of 1,293.60 in 2025, placing the country 14th globally among the 36‑year series compiled by the World Bank. This surge reflects successive reforms, expanding export revenues and a relatively rapid appreciation of domestic consumption power, outpacing peers such as Uganda (1,221.56) and approaching the level of Cambodia (1,306.18). The long‑term upward trajectory suggests that Mongolia has successfully narrowed the gap between its market exchange rate and the price of a comparable basket of goods in a reference economy. Continued diversification of the mining sector, coupled with prudent fiscal management, could sustain the rise in the PPP conversion factor, whereas external shocks to commodity prices or fiscal imbalances might temper future gains.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 1,493.65 | - | - |
| 2026* trend | 1,393.62 | - | - |
| 2025* trend | 1,293.60 | - | - |
| 2025 | 1,293.60 | +98.26 | #14 |
| 2024 | 1,195.34 | +71.47 | #176 |
| 2023 | 1,123.87 | +167.71 | #183 |
| 2022 | 956.17 | +85.98 | #185 |
| 2021 | 870.18 | +48.12 | #187 |
| 2020 | 822.06 | −29.08 | #184 |
| 2019 | 851.15 | +26.62 | #187 |
| 2018 | 824.53 | +22.86 | #185 |
| 2017 | 801.67 | +64.60 | #187 |
| 2016 | 737.07 | +13.83 | #186 |
| 2015 | 723.24 | +35.07 | #186 |
| 2014 | 688.17 | +54.79 | #185 |
| 2013 | 633.39 | +54.49 | #186 |
| 2012 | 578.90 | +45.37 | #185 |
| 2011 | 533.53 | +60.51 | #187 |
Detected Pattern
Analysis
Mongolia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Mongolia's ppp conversion factor was 1,293.60 in 2025. Ranked 14th globally. This represents a 8.2% increase from the previous year.
Mongolia's ppp conversion factor peaked at 1,293.60 in 2025.
The lowest ppp conversion factor in Mongolia was 1.75 in 1990.
Mongolia ranks 14th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Mongolia's ppp conversion factor is projected to reach 1,293.60 by 2025 based on trend extrapolation.
The ppp conversion factor of Mongolia in 2025 was 1,293.60. This ranks 14th in the world.
Cite this page
@misc{historysaid_mongolia_ppp-conversion-factor,
title = {Mongolia PPP Conversion Factor},
url = {https://historysaid.com/mongolia/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}