Mongolia: Hotel and restaurant prices

The hotel and restaurant price index measures the relative cost of these services in Mongolia compared to other countries. The world average is set at 100 and the index can be used to compare various countries. The data are from the World Bank International Comparison Program which updates these price data every four years. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: The hotel and restaurant price index shows the relative prices of those services across countries. Greater values indicate higher prices.