In Tibetan Buddhist and Indian Hindu/Buddhist traditions, Shambhala is a mythical kingdom hidden somewhere in Inner Asia. It is mentioned in various ancient texts, including the Kalachakra Tantra and the ancient texts of the Zhang Zhung culture which predated Tibetan Buddhism in western Tibet. The Bön scriptures speak of a closely related land called Olmolungring.

The concept of Shangri-La, as first described in James Hilton's 1933 novel Lost Horizon, is claimed to have been inspired by the Shambhala myth.