Azerbaijan vs Mongolia: Lending interest rate
Azerbaijan
15.3%
in 2025
Mongolia
16.0%
in 2021
Azerbaijan rank
31st
Mongolia rank
29th
Lending interest rate over time
- Azerbaijan
- Mongolia
How they compare
Mongolia currently reports 16.0% against 15.3% in Azerbaijan, a difference of 0.7%.
The two have swapped places 3 times across 24 shared years of data; in 1998 it was Mongolia ahead.
Azerbaijan ranks 31st and Mongolia ranks 29th of 148 countries.
Across the 4 decades both report, Azerbaijan averaged higher in 1 and Mongolia in 3.
Head to head by decade
| Decade | Azerbaijan | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19.7% | 46.0% | 26.4% | Mongolia |
| 2000s | 18.2% | 29.5% | 11.3% | Mongolia |
| 2010s | 17.9% | 18.6% | 0.7% | Mongolia |
| 2020s | 16.8% | 16.5% | 0.3% | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher lending interest rate, Azerbaijan or Mongolia?
- Mongolia, at 16.0% against 15.3% in Azerbaijan as of 2021.
- What is the difference in lending interest rate between Azerbaijan and Mongolia?
- 0.7%, with Mongolia ahead.
- How many years of comparable data are there for Azerbaijan and Mongolia?
- 24 years are reported by both, from 1998 to 2021.
- How do Azerbaijan and Mongolia rank globally for lending interest rate?
- Azerbaijan ranks 31st and Mongolia ranks 29th of 148 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Lending interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.