Lending rate, Foreign Currency, Rate, Percent per annum in Mongolia
Mongolia: Lending rate, Foreign Currency, Rate, Percent per annum was 9.45 in 2021. βΌ Falling
Lending rate, Foreign Currency, Rate, Percent per annum in Mongolia, 1998β2021
Source: International Monetary Fund.
Analysis
In 2021, lending rate, foreign currency, rate, percent per annum in Mongolia stood at 9.45. That is the lowest value across all 24 years on record.
That represents a change of down 9.1% on the previous year and down 25.2% over ten years.
Over the whole period, lending rate, foreign currency, rate, percent per annum in Mongolia peaked at 40.85 in 1998 and was at its lowest, 9.45, in 2021.
Mongolia ranks 7th of 33 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37.71 | 34.58 | 40.85 | 2 |
| 2000s | 19.21 | 14.22 | 28.54 | 10 |
| 2010s | 12.35 | 10.63 | 14.42 | 10 |
| 2020s | 9.93 | 9.45 | 10.4 | 2 |
Countries ranked near Mongolia
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 lending rate, foreign currency, rate, percent per annum in Mongolia?
- Lending rate, foreign currency, rate, percent per annum in Mongolia was 9.45 in 2021, according to International Monetary Fund.
- What is the highest lending rate, foreign currency, rate, percent per annum recorded in Mongolia?
- The highest recorded value was 40.85 in 1998.
- What is the lowest lending rate, foreign currency, rate, percent per annum recorded in Mongolia?
- The lowest recorded value was 9.45 in 2021.
- How does Mongolia rank for lending rate, foreign currency, rate, percent per annum?
- Mongolia ranks 7th out of 33 countries with data for 2021.
- Is lending rate, foreign currency, rate, percent per annum rising or falling in Mongolia?
- Over the last ten years it is down 25.2%. The long-run trend across the full record is falling.
- Where does this Mongolia data come from?
- The figures come from International Monetary Fund, published as part of Lending rate, Foreign Currency, Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 24 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.