Georgia vs Mongolia: Lending interest rate
Georgia
15.8%
in 2025
Mongolia
16.0%
in 2021
Georgia rank
30th
Mongolia rank
29th
Lending interest rate over time
- Georgia
- Mongolia
How they compare
Mongolia currently reports 16.0% against 15.8% in Georgia, a difference of 0.2%.
Across all 19 years both countries report, Mongolia has been ahead every year.
Georgia ranks 30th and Mongolia ranks 29th of 148 countries.
Mongolia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Georgia | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 19.1% | 26.4% | 7.4% | Mongolia |
| 2010s | 13.0% | 18.6% | 5.7% | Mongolia |
| 2020s | 12.2% | 16.5% | 4.3% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher lending interest rate, Georgia or Mongolia?
- Mongolia, at 16.0% against 15.8% in Georgia as of 2021.
- What is the difference in lending interest rate between Georgia and Mongolia?
- 0.2%, with Mongolia ahead.
- How many years of comparable data are there for Georgia and Mongolia?
- 19 years are reported by both, from 2003 to 2021.
- How do Georgia and Mongolia rank globally for lending interest rate?
- Georgia ranks 30th 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.