Financial Institutions Depth Index in Mongolia
Mongolia: Financial Institutions Depth Index was 0.105 in 2020. β Volatile
Financial Institutions Depth Index in Mongolia, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions depth index in Mongolia is 0.105, measured in 2020.
Compared with earlier readings it is down 4.6% on the previous year and up 38.6% over ten years.
Over the whole period, financial institutions depth index in Mongolia peaked at 0.1303 in 2013 and was at its lowest, 0, in 1980.
Mongolia ranks 122nd 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 | 0.0143 | 0 | 0.0251 | 10 |
| 2000s | 0.0537 | 0.0128 | 0.0904 | 10 |
| 2010s | 0.1104 | 0.0758 | 0.1303 | 10 |
| 2020s | 0.105 | 0.105 | 0.105 | 1 |
Countries ranked near Mongolia
- 119 Nicaragua 0.1102 compare
- 120 St. Kitts and Nevis 0.1089 compare
- 121 Bangladesh 0.107 compare
- 123 Guyana 0.1041 compare
- 124 Mozambique, Republic of 0.1038 compare
- 125 Uganda 0.1021 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)
- Domestic credit to private sector by banks 48.5% (2025)
Frequently asked questions
- What is financial institutions depth index in Mongolia?
- Financial institutions depth index in Mongolia was 0.105 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Mongolia?
- The highest recorded value was 0.1303 in 2013.
- What is the lowest financial institutions depth index recorded in Mongolia?
- The lowest recorded value was 0 in 1980.
- How does Mongolia rank for financial institutions depth index?
- Mongolia ranks 122nd out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Mongolia?
- Over the last ten years it is up 38.6%. 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 Institutions Depth Index. Statizoid updates them automatically from the source API.
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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.