Bank cost to income ratio in Mongolia
Mongolia: Bank cost to income ratio was 46.4% in 2021. ▼ Falling
Bank cost to income ratio in Mongolia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Mongolia recorded 46.4% for bank cost to income ratio in 2021.
Compared with earlier readings it is down 14.4% on the previous year and up 8.6% over ten years.
Over the whole period, bank cost to income ratio in Mongolia peaked at 61.0% in 2006 and was at its lowest, 42.7%, in 2011.
That places Mongolia 133rd out of 169 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Bank cost to income ratio in Mongolia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 57.8% | — |
| 2001 | 57.3% | -0.7% |
| 2002 | 49.8% | -13.1% |
| 2003 | 52.1% | +4.5% |
| 2004 | 45.6% | -12.4% |
| 2005 | 54.6% | +19.9% |
| 2006 | 61.0% | +11.7% |
| 2007 | 55.0% | -9.8% |
| 2008 | 51.9% | -5.6% |
| 2010 | 47.2% | -9.2% |
| 2011 | 42.7% | -9.4% |
| 2012 | 48.5% | +13.6% |
| 2013 | 46.6% | -4.1% |
| 2015 | 53.4% | +14.7% |
| 2016 | 52.7% | -1.3% |
| 2017 | 47.1% | -10.7% |
| 2018 | 45.7% | -2.9% |
| 2019 | 49.4% | +7.9% |
| 2020 | 54.2% | +9.9% |
| 2021 | 46.4% | -14.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 53.9% | 45.6% | 61.0% | 9 |
| 2010s | 48.1% | 42.7% | 53.4% | 9 |
| 2020s | 50.3% | 46.4% | 54.2% | 2 |
Countries ranked near Mongolia
More financial sector data for Mongolia
- Total reserves in months of imports, annual growth rate -8.23 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 15.46 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1673 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,189 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 15.02 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,209 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 21.09 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,433 SDR per person (2025)
Frequently asked questions
- What is bank cost to income ratio in Mongolia?
- Bank cost to income ratio in Mongolia was 46.4% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Mongolia?
- The highest recorded value was 61.0% in 2006.
- What is the lowest bank cost to income ratio recorded in Mongolia?
- The lowest recorded value was 42.7% in 2011.
- How does Mongolia rank for bank cost to income ratio?
- Mongolia ranks 133rd out of 169 countries with data for 2021.
- Is bank cost to income ratio rising or falling in Mongolia?
- Over the last ten years it is up 8.6%. The long-run trend across the full record is falling.
- Where does this Mongolia data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank cost to income ratio (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.