Kenya vs Mongolia: Lending Rate, Percent per annum

Kenya
16.59
in 2024
Mongolia
16.01
in 2021
Kenya rank
24th
Mongolia rank
26th

Lending Rate, Percent per annum over time

  • Kenya
  • Mongolia
1020304050197119972024

How they compare

Kenya currently reports 16.59 against 16.01 in Mongolia, a difference of 0.58.

The two have swapped places 2 times across 24 shared years of data; in 1998 it was Mongolia ahead.

Kenya ranks 24th and Mongolia ranks 26th of 144 countries.

Mongolia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Kenya Mongolia Difference Ahead
1990s 25.93 46.04 20.1 Mongolia
2000s 15.82 29.48 13.65 Mongolia
2010s 15.48 18.63 3.15 Mongolia
2020s 12.04 16.47 4.43 Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher lending rate, percent per annum, Kenya or Mongolia?
Kenya, at 16.59 against 16.01 in Mongolia as of 2024.
What is the difference in lending rate, percent per annum between Kenya and Mongolia?
0.58, with Kenya ahead.
How many years of comparable data are there for Kenya and Mongolia?
24 years are reported by both, from 1998 to 2021.
How do Kenya and Mongolia rank globally for lending rate, percent per annum?
Kenya ranks 24th and Mongolia ranks 26th of 144 countries.
Where does this data come from?
International Monetary Fund, published as Lending Rate, Percent per annum. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Kenya vs Mongolia: Lending Rate, Percent per annum. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://financial-sector.statizoid.com/compare/lending-rate-percent-per-annum/kenya/mongolia/

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About this data

Indicator
Lending Rate, Percent per annum
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
146 places, 4,725 data points, 1950–2025
Last refreshed

The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.