Bank net interest margin in Mongolia
Mongolia: Bank net interest margin was 5.4% in 2021. ▼ Falling
Bank net interest margin in Mongolia, 2001–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Mongolia recorded 5.4% for bank net interest margin in 2021.
That represents a change of up 21.1% on the previous year and up 68.2% over ten years.
Over the whole period, bank net interest margin in Mongolia peaked at 8.8% in 2001 and was at its lowest, 3.1%, in 2010.
That places Mongolia 34th out of 166 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Bank net interest margin in Mongolia, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 8.8% | — |
| 2002 | 6.8% | -22.3% |
| 2003 | 7.0% | +3.0% |
| 2004 | 7.1% | +1.3% |
| 2005 | 6.2% | -13.2% |
| 2006 | 5.0% | -19.2% |
| 2007 | 4.1% | -16.9% |
| 2008 | 3.5% | -14.5% |
| 2009 | 3.3% | -6.8% |
| 2010 | 3.1% | -5.7% |
| 2011 | 3.2% | +3.5% |
| 2012 | 3.1% | -2.8% |
| 2013 | 3.9% | +24.6% |
| 2014 | 3.7% | -4.2% |
| 2015 | 5.7% | +51.8% |
| 2016 | 4.5% | -21.5% |
| 2017 | 4.8% | +8.4% |
| 2018 | 4.6% | -5.8% |
| 2019 | 4.8% | +5.0% |
| 2020 | 4.5% | -6.3% |
| 2021 | 5.4% | +21.1% |
Mongolia compared with similar countries
- Mongolia's 5.4% is above the median for upper middle income countries, which is 3.6%, 1.5× the median. (47 countries reporting)
- Mongolia's 5.4% is above the median for East Asia & Pacific, which is 2.0%, 2.7× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.8% | 3.3% | 8.8% | 9 |
| 2010s | 4.1% | 3.1% | 5.7% | 10 |
| 2020s | 5.0% | 4.5% | 5.4% | 2 |
Countries ranked near Mongolia
- 31 Democratic Republic of Congo 5.5% compare
- 32 Kazakhstan 5.5% compare
- 33 Georgia 5.4% compare
- 35 Cambodia 5.3% compare
- 36 Gambia 5.3% compare
- 37 Costa Rica 5.2% compare
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 net interest margin in Mongolia?
- Bank net interest margin in Mongolia was 5.4% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Mongolia?
- The highest recorded value was 8.8% in 2001.
- What is the lowest bank net interest margin recorded in Mongolia?
- The lowest recorded value was 3.1% in 2010.
- How does Mongolia rank for bank net interest margin?
- Mongolia ranks 34th out of 166 countries with data for 2021.
- Is bank net interest margin rising or falling in Mongolia?
- Over the last ten years it is up 68.2%. 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 net interest margin (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are 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.