Financial Development Index in Mongolia
Mongolia: Financial Development Index was 0.3305 in 2020. β Volatile
Financial Development Index in Mongolia, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial development index in Mongolia stood at 0.3305.
The figure is down 4.6% on the previous year and up 30.5% over ten years.
Over the whole period, financial development index in Mongolia peaked at 0.3949 in 2018 and was at its lowest, 0, in 1980.
Mongolia ranks 71st of 183 countries on this measure, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.0954 | 0 | 0.1577 | 10 |
| 2000s | 0.1898 | 0.1236 | 0.2414 | 10 |
| 2010s | 0.3313 | 0.2533 | 0.3949 | 10 |
| 2020s | 0.3305 | 0.3305 | 0.3305 | 1 |
Countries ranked near Mongolia
- 68 Jordan 0.3486 compare
- 69 Slovenia 0.3371 compare
- 70 Bolivia 0.3346 compare
- 72 Saint Lucia 0.328 compare
- 73 Kazakhstan 0.325 compare
- 74 Brunei Darussalam 0.3228 compare
More financial sector data for Mongolia
- Net domestic credit (current LCU), per capita 10.28 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1,523 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 20.69 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 8.78 million SDR (2025)
- Gold reserves at market value 800.18 million SDR (2025)
- Reserves excluding gold, foreign exchange 4.24 billion SDR (2025)
- Reserves excluding gold 4.31 billion SDR (2025)
- Total reserves (gold at market value) 5.11 billion SDR (2025)
- Total reserves (gold at national valuation) 5.12 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,433 SDR per person (2025)
Frequently asked questions
- What is financial development index in Mongolia?
- Financial development index in Mongolia was 0.3305 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Mongolia?
- The highest recorded value was 0.3949 in 2018.
- What is the lowest financial development index recorded in Mongolia?
- The lowest recorded value was 0 in 1980.
- How does Mongolia rank for financial development index?
- Mongolia ranks 71st out of 183 countries with data for 2020.
- Is financial development index rising or falling in Mongolia?
- Over the last ten years it is up 30.5%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.