Mongolia vs Paraguay: Interest rate spread
Mongolia
9.4%
in 2021
Paraguay
9.1%
in 2021
Mongolia rank
22nd
Paraguay rank
23rd
Interest rate spread over time
- Mongolia
- Paraguay
How they compare
Mongolia currently reports 9.4% against 9.1% in Paraguay, a difference of 0.3%.
The two have swapped places 3 times across 24 shared years of data; in 1998 it was Paraguay ahead.
Mongolia ranks 22nd and Paraguay ranks 23rd of 141 countries.
Across the 4 decades both report, Mongolia averaged higher in 1 and Paraguay in 3.
Head to head by decade
| Decade | Mongolia | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 17.7% | 17.1% | 0.6% | Mongolia |
| 2000s | 15.8% | 27.2% | 11.4% | Paraguay |
| 2010s | 6.6% | 15.6% | 9.0% | Paraguay |
| 2020s | 8.0% | 9.6% | 1.6% | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Mongolia or Paraguay?
- Mongolia, at 9.4% against 9.1% in Paraguay as of 2021.
- What is the difference in interest rate spread between Mongolia and Paraguay?
- 0.3%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Paraguay?
- 24 years are reported by both, from 1998 to 2021.
- How do Mongolia and Paraguay rank globally for interest rate spread?
- Mongolia ranks 22nd and Paraguay ranks 23rd of 141 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.