Broad money (% of GDP) in Mongolia
Mongolia: Broad money (% of GDP) was 53.7% in 2024. ▲ Rising
Broad money in Mongolia, 1991–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, broad money in Mongolia stood at 53.7%.
That represents a change of up 0.4% on the previous year and up 12.1% over ten years.
Over the whole period, broad money in Mongolia peaked at 65.4% in 2020 and was at its lowest, 15.7%, in 1995.
That places Mongolia 95th out of 167 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Broad money (% of GDP) in Mongolia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | 43.9% | — |
| 1992 | 23.3% | -47.0% |
| 1993 | 18.8% | -19.2% |
| 1994 | 20.1% | +7.2% |
| 1995 | 15.7% | -22.2% |
| 1996 | 16.2% | +3.5% |
| 1997 | 18.2% | +12.5% |
| 1998 | 17.7% | -3.0% |
| 1999 | 20.4% | +15.2% |
| 2000 | 21.1% | +3.8% |
| 2001 | 23.8% | +12.5% |
| 2002 | 30.3% | +27.5% |
| 2003 | 38.5% | +26.8% |
| 2004 | 35.9% | -6.7% |
| 2005 | 37.5% | +4.5% |
| 2006 | 38.2% | +1.8% |
| 2007 | 48.4% | +27.0% |
| 2008 | 34.6% | -28.6% |
| 2009 | 43.7% | +26.3% |
| 2010 | 48.0% | +9.8% |
| 2011 | 48.7% | +1.5% |
| 2012 | 45.6% | -6.3% |
| 2013 | 49.3% | +8.1% |
| 2014 | 47.8% | -2.9% |
| 2015 | 43.9% | -8.3% |
| 2016 | 50.8% | +15.8% |
| 2017 | 56.6% | +11.5% |
| 2018 | 59.8% | +5.6% |
| 2019 | 55.1% | -7.9% |
| 2020 | 65.4% | +18.7% |
| 2021 | 64.0% | -2.1% |
| 2022 | 55.1% | -13.9% |
| 2023 | 53.4% | -3.0% |
| 2024 | 53.7% | +0.4% |
Mongolia compared with similar countries
- Mongolia's 53.7% is below the median for upper middle income countries, which is 61.3%, 88% of the median. (55 countries reporting)
- Mongolia's 53.7% is below the median for East Asia & Pacific, which is 89.8%, 60% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.6% | 15.7% | 43.9% | 9 |
| 2000s | 35.2% | 21.1% | 48.4% | 10 |
| 2010s | 50.6% | 43.9% | 59.8% | 10 |
| 2020s | 58.3% | 53.4% | 65.4% | 5 |
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 broad money in Mongolia?
- Broad money in Mongolia was 53.7% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Mongolia?
- The highest recorded value was 65.4% in 2020.
- What is the lowest broad money recorded in Mongolia?
- The lowest recorded value was 15.7% in 1995.
- How does Mongolia rank for broad money?
- Mongolia ranks 95th out of 167 countries with data for 2024.
- Is broad money rising or falling in Mongolia?
- Over the last ten years it is up 12.1%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.