Claims on private sector in Mongolia
Mongolia: Claims on private sector was 24.0% in 2024. ◆ Volatile
Claims on private sector in Mongolia, 1992–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual growth as % of broad money.
Analysis
The most recent figure for claims on private sector in Mongolia is 24.0%, measured in 2024.
That represents a change of up 38.6% on the previous year and up 33.4% over ten years.
Over the whole period, claims on private sector in Mongolia peaked at 61.0% in 1994 and was at its lowest, -14.3%, in 1997.
That places Mongolia 11th out of 167 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Claims on private sector in Mongolia, year by year
| Year | annual growth as % of broad money | Change |
|---|---|---|
| 1992 | 40.2% | — |
| 1993 | 56.3% | +39.9% |
| 1994 | 61.0% | +8.4% |
| 1995 | 14.4% | -76.4% |
| 1996 | 13.2% | -8.5% |
| 1997 | -14.3% | -208.7% |
| 1998 | 22.4% | -256.5% |
| 1999 | -3.5% | -115.7% |
| 2000 | 2.0% | -158.0% |
| 2001 | 16.4% | +705.8% |
| 2002 | 29.1% | +77.4% |
| 2003 | 39.2% | +35.1% |
| 2004 | 27.8% | -29.2% |
| 2005 | 27.7% | -0.3% |
| 2006 | 32.9% | +18.8% |
| 2007 | 55.2% | +67.7% |
| 2008 | 23.1% | -58.1% |
| 2009 | 1.8% | -92.3% |
| 2010 | 23.6% | +1231.6% |
| 2011 | 51.2% | +116.7% |
| 2012 | 24.4% | -52.2% |
| 2013 | 55.0% | +124.9% |
| 2014 | 18.0% | -67.3% |
| 2015 | -6.7% | -137.2% |
| 2016 | 11.5% | -272.5% |
| 2017 | 9.6% | -16.7% |
| 2018 | 20.5% | +114.0% |
| 2019 | 2.3% | -88.7% |
| 2020 | -6.5% | -381.1% |
| 2021 | 14.4% | -321.9% |
| 2022 | 5.0% | -65.6% |
| 2023 | 17.3% | +248.3% |
| 2024 | 24.0% | +38.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.7% | -14.3% | 61.0% | 8 |
| 2000s | 25.5% | 1.8% | 55.2% | 10 |
| 2010s | 20.9% | -6.7% | 55.0% | 10 |
| 2020s | 10.8% | -6.5% | 24.0% | 5 |
Countries ranked near Mongolia
- 8 Uzbekistan 34.1% compare
- 9 Lao People's Democratic Republic 24.5% compare
- 10 Armenia 24.0% compare
- 12 Burundi 20.1% compare
- 13 Iran, Islamic Republic of 20.1% compare
- 14 Liberia 18.4% 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 claims on private sector in Mongolia?
- Claims on private sector in Mongolia was 24.0% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on private sector recorded in Mongolia?
- The highest recorded value was 61.0% in 1994.
- What is the lowest claims on private sector recorded in Mongolia?
- The lowest recorded value was -14.3% in 1997.
- How does Mongolia rank for claims on private sector?
- Mongolia ranks 11th out of 167 countries with data for 2024.
- Is claims on private sector rising or falling in Mongolia?
- Over the last ten years it is up 33.4%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Claims on private sector (annual growth as % of broad money). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Claims on private sector include gross credit from the financial system to individuals, enterprises, nonfinancial public entities not included under net domestic credit, and financial institutions not included elsewhere. 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 represents the annual percentage growth in the ratio of claims to broad money.