Bank credit to bank deposits (%) in Mongolia
Mongolia: Bank credit to bank deposits (%) was 76.5% in 2021. ▲ Rising
Bank credit to bank deposits in Mongolia, 1991–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Mongolia recorded 76.5% for bank credit to bank deposits in 2021.
The figure is up 6.1% on the previous year and down 22.1% over ten years.
Over the whole period, bank credit to bank deposits in Mongolia peaked at 141.2% in 2008 and was at its lowest, 36.8%, in 1997.
Mongolia ranks 91st of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Bank credit to bank deposits (%) in Mongolia, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 40.9% | — |
| 1992 | 65.5% | +60.2% |
| 1993 | 43.2% | -34.1% |
| 1994 | 70.3% | +62.7% |
| 1995 | 67.8% | -3.5% |
| 1996 | 75.2% | +10.9% |
| 1997 | 36.8% | -51.1% |
| 1998 | 69.8% | +89.6% |
| 1999 | 57.1% | -18.2% |
| 2000 | 53.2% | -6.8% |
| 2001 | 63.1% | +18.7% |
| 2002 | 66.6% | +5.6% |
| 2003 | 77.2% | +15.9% |
| 2004 | 87.1% | +12.8% |
| 2005 | 84.2% | -3.3% |
| 2006 | 92.0% | +9.3% |
| 2007 | 99.8% | +8.5% |
| 2008 | 141.2% | +41.5% |
| 2009 | 104.2% | -26.2% |
| 2010 | 78.3% | -24.9% |
| 2011 | 98.1% | +25.4% |
| 2012 | 106.2% | +8.2% |
| 2013 | 132.5% | +24.8% |
| 2014 | 128.9% | -2.7% |
| 2015 | 128.6% | -0.2% |
| 2016 | 112.8% | -12.3% |
| 2017 | 93.6% | -17.1% |
| 2018 | 93.3% | -0.3% |
| 2019 | 90.2% | -3.3% |
| 2020 | 72.1% | -20.0% |
| 2021 | 76.5% | +6.1% |
Mongolia compared with similar countries
- Mongolia's 76.5% is below the median for upper middle income countries, which is 79.3%, 96% of the median. (55 countries reporting)
- Mongolia's 76.5% is below the median for East Asia & Pacific, which is 77.0%, 99% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 58.5% | 36.8% | 75.2% | 9 |
| 2000s | 86.9% | 53.2% | 141.2% | 10 |
| 2010s | 106.2% | 78.3% | 132.5% | 10 |
| 2020s | 74.3% | 72.1% | 76.5% | 2 |
Countries ranked near Mongolia
More financial sector data for Mongolia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 2.13 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.55 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 2.13 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank credit to bank deposits in Mongolia?
- Bank credit to bank deposits in Mongolia was 76.5% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Mongolia?
- The highest recorded value was 141.2% in 2008.
- What is the lowest bank credit to bank deposits recorded in Mongolia?
- The lowest recorded value was 36.8% in 1997.
- How does Mongolia rank for bank credit to bank deposits?
- Mongolia ranks 91st out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Mongolia?
- Over the last ten years it is down 22.1%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).