Mongolia vs Small states: Interest rate spread
Mongolia
9.4%
in 2021
Small states
6.1%
in 2025
Mongolia rank
22nd
Small states rank
21st
Interest rate spread over time
- Mongolia
- Small states
How they compare
Mongolia currently reports 9.4% against 6.1% in Small states, a difference of 3.3%.
That makes Mongolia's figure about 1.6 times Small states's.
The two have swapped places 6 times across 23 shared years of data; in 1999 it was Mongolia ahead.
Mongolia ranks 22nd and Small states ranks 21st of 141 countries.
Across the 4 decades both report, Mongolia averaged higher in 3 and Small states in 1.
Head to head by decade
| Decade | Mongolia | Small states | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 20.6% | 7.6% | 13.0% | Mongolia |
| 2000s | 15.8% | 6.9% | 8.9% | Mongolia |
| 2010s | 6.6% | 6.8% | 0.2% | Small states |
| 2020s | 8.0% | 6.1% | 1.9% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Mongolia or Small states?
- Mongolia, at 9.4% against 6.1% in Small states as of 2021.
- What is the difference in interest rate spread between Mongolia and Small states?
- 3.3%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Small states?
- 23 years are reported by both, from 1999 to 2021.
- How do Mongolia and Small states rank globally for interest rate spread?
- Mongolia ranks 22nd and Small states ranks 21st 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.