Bank lending-deposit spread in Mongolia
Mongolia: Bank lending-deposit spread was 6.67 in 2020. ◆ Volatile
Bank lending-deposit spread in Mongolia, 1998–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF).
Analysis
In 2020, bank lending-deposit spread in Mongolia stood at 6.67.
That represents a change of up 10.5% on the previous year and down 18.7% over ten years.
Over the whole period, bank lending-deposit spread in Mongolia peaked at 23.05 in 2001 and was at its lowest, 5.28, in 2018.
That places Mongolia 43rd out of 124 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Bank lending-deposit spread in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 14.76 | — |
| 1999 | 20.59 | +39.5% |
| 2000 | 20.15 | -2.1% |
| 2001 | 23.05 | +14.4% |
| 2002 | 22.3 | -3.3% |
| 2003 | 17.89 | -19.8% |
| 2004 | 17.32 | -3.2% |
| 2005 | 17.57 | +1.4% |
| 2006 | 13.93 | -20.7% |
| 2007 | 8.37 | -39.9% |
| 2008 | 9.19 | +9.8% |
| 2009 | 8.38 | -8.8% |
| 2010 | 8.21 | -2.1% |
| 2011 | 6.14 | -25.3% |
| 2012 | 6.84 | +11.5% |
| 2013 | 6.44 | -5.9% |
| 2014 | 6.71 | +4.3% |
| 2015 | 6.58 | -1.9% |
| 2016 | 6.47 | -1.7% |
| 2017 | 7.05 | +9.0% |
| 2018 | 5.28 | -25.1% |
| 2019 | 6.04 | +14.4% |
| 2020 | 6.67 | +10.5% |
Mongolia compared with similar countries
- Mongolia's 6.67 is above the median for upper middle income countries, which is 5.5, 1.2× the median. (45 countries reporting)
- Mongolia's 6.67 is above the median for East Asia & Pacific, which is 4.94, 1.4× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.67 | 14.76 | 20.59 | 2 |
| 2000s | 15.82 | 8.37 | 23.05 | 10 |
| 2010s | 6.58 | 5.28 | 8.21 | 10 |
| 2020s | 6.67 | 6.67 | 6.67 | 1 |
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 lending-deposit spread in Mongolia?
- Bank lending-deposit spread in Mongolia was 6.67 in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank lending-deposit spread recorded in Mongolia?
- The highest recorded value was 23.05 in 2001.
- What is the lowest bank lending-deposit spread recorded in Mongolia?
- The lowest recorded value was 5.28 in 2018.
- How does Mongolia rank for bank lending-deposit spread?
- Mongolia ranks 43rd out of 124 countries with data for 2020.
- Is bank lending-deposit spread rising or falling in Mongolia?
- Over the last ten years it is down 18.7%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank lending-deposit spread. Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Difference between lending rate and deposit rate. Lending rate is the rate charged by banks on loans to the private sector and deposit interest rate is the rate offered by commercial banks on three-month deposits. IFS line 60P - line 60L.