Lesotho vs Mongolia: Interest rate spread
Lesotho
8.7%
in 2024
Mongolia
9.4%
in 2021
Lesotho rank
25th
Mongolia rank
22nd
Interest rate spread over time
- Lesotho
- Mongolia
How they compare
Mongolia currently reports 9.4% against 8.7% in Lesotho, a difference of 0.7%.
That makes Mongolia's figure about 1.1 times Lesotho's.
The two have swapped places 2 times across 24 shared years of data; in 1998 it was Mongolia ahead.
Lesotho ranks 25th and Mongolia ranks 22nd of 140 countries.
Across the 4 decades both report, Lesotho averaged higher in 1 and Mongolia in 3.
Head to head by decade
| Decade | Lesotho | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.5% | 17.7% | 7.2% | Mongolia |
| 2000s | 9.4% | 15.8% | 6.4% | Mongolia |
| 2010s | 8.6% | 6.6% | 2.0% | Lesotho |
| 2020s | 6.8% | 8.0% | 1.2% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Lesotho or Mongolia?
- Mongolia, at 9.4% against 8.7% in Lesotho as of 2021.
- What is the difference in interest rate spread between Lesotho and Mongolia?
- 0.7%, with Mongolia ahead.
- How many years of comparable data are there for Lesotho and Mongolia?
- 24 years are reported by both, from 1998 to 2021.
- How do Lesotho and Mongolia rank globally for interest rate spread?
- Lesotho ranks 25th and Mongolia ranks 22nd of 140 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Interest rate spread (lending rate minus deposit rate, %). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.