Bank lending-deposit spread in Mongolia

Mongolia: Bank lending-deposit spread was 6.67 in 2020. ◆ Volatile

Latest (2020)
6.67
Change on year
up 10.5%
World rank
43rd
of 124 countries
All-time high
23.05
in 2001
All-time low
5.28
in 2018
Years of data
23
1998–2020

Bank lending-deposit spread in Mongolia, 1998–2020

5101520251998200920201998: 14.81999: 20.62000: 20.22001: 23.12002: 22.32003: 17.92004: 17.32005: 17.62006: 13.92007: 8.42008: 9.22009: 8.42010: 8.22011: 6.12012: 6.82013: 6.42014: 6.72015: 6.62016: 6.52017: 7.12018: 5.32019: 62020: 6.7

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 40 Lesotho 7.06 compare
  2. 41 Suriname 6.86 compare
  3. 42 Yemen 6.83 compare
  4. 44 Belize 6.55 compare
  5. 45 Colombia 6.47 compare
  6. 46 Uruguay 6.44 compare

See the full ranking of 124 places →

More financial sector data for Mongolia

All data for Mongolia →

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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CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Bank lending-deposit spread
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
124 places, 3,456 data points, 1980–2020
Last refreshed

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.