Mongolia vs World: Interest rate spread
Mongolia
9.4%
in 2021
World
5.9%
in 2019
Mongolia rank
22nd
World rank
25th
Interest rate spread over time
- Mongolia
- World
How they compare
Mongolia currently reports 9.4% against 5.9% in World, a difference of 3.5%.
That makes Mongolia's figure about 1.6 times World's.
The two have swapped places 2 times across 16 shared years of data; in 2004 it was Mongolia ahead.
Mongolia ranks 22nd and World ranks 25th of 140 countries.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Mongolia | World | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 12.5% | 6.3% | 6.2% | Mongolia |
| 2010s | 6.6% | 5.9% | 0.7% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Mongolia or World?
- Mongolia, at 9.4% against 5.9% in World as of 2021.
- What is the difference in interest rate spread between Mongolia and World?
- 3.5%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and World?
- 16 years are reported by both, from 2004 to 2019.
- How do Mongolia and World rank globally for interest rate spread?
- Mongolia ranks 22nd and World ranks 25th 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.