Loans from nonresident banks (amounts outstanding) to GDP (%) in Mongolia
Mongolia: Loans from nonresident banks (amounts outstanding) to GDP (%) was 54.5% in 2021. ◆ Volatile
Loans from nonresident banks (amounts outstanding) to GDP in Mongolia, 2002–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for loans from nonresident banks (amounts outstanding) to gdp in Mongolia is 54.5%, measured in 2021.
That represents a change of down 14.7% on the previous year and up 1,823.3% over ten years.
Over the whole period, loans from nonresident banks (amounts outstanding) to gdp in Mongolia peaked at 63.9% in 2020 and was at its lowest, 2.8%, in 2011.
Mongolia ranks 27th of 136 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Loans from nonresident banks (amounts outstanding) to GDP (%) in Mongolia, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 7.2% | — |
| 2003 | 6.3% | -12.5% |
| 2004 | 5.0% | -19.9% |
| 2005 | 4.0% | -21.1% |
| 2006 | 2.9% | -26.1% |
| 2007 | 4.1% | +41.1% |
| 2008 | 3.1% | -24.7% |
| 2009 | 3.8% | +22.7% |
| 2010 | 3.8% | +0.2% |
| 2011 | 2.8% | -25.9% |
| 2012 | 26.5% | +834.4% |
| 2013 | 27.1% | +2.4% |
| 2014 | 28.5% | +5.3% |
| 2015 | 37.1% | +30.0% |
| 2016 | 47.4% | +27.8% |
| 2017 | 59.8% | +26.2% |
| 2018 | 50.8% | -15.0% |
| 2019 | 59.1% | +16.2% |
| 2020 | 63.9% | +8.2% |
| 2021 | 54.5% | -14.7% |
Mongolia compared with similar countries
- Mongolia's 54.5% is above the median for upper middle income countries, which is 17.4%, 3.1× the median. (45 countries reporting)
- Mongolia's 54.5% is above the median for East Asia & Pacific, which is 13.9%, 3.9× the median. (18 countries reporting)
Biggest year-on-year movements
Years where Loans from nonresident banks (amounts outstanding) to GDP (%) in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +834.4% | 2.8% | 26.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.6% | 2.9% | 7.2% | 8 |
| 2010s | 34.3% | 2.8% | 59.8% | 10 |
| 2020s | 59.2% | 54.5% | 63.9% | 2 |
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 loans from nonresident banks (amounts outstanding) to gdp in Mongolia?
- Loans from nonresident banks (amounts outstanding) to gdp in Mongolia was 54.5% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in Mongolia?
- The highest recorded value was 63.9% in 2020.
- What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in Mongolia?
- The lowest recorded value was 2.8% in 2011.
- How does Mongolia rank for loans from nonresident banks (amounts outstanding) to gdp?
- Mongolia ranks 27th out of 136 countries with data for 2021.
- Is loans from nonresident banks (amounts outstanding) to gdp rising or falling in Mongolia?
- Over the last ten years it is up 1,823.3%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Loans from nonresident banks (amounts outstanding) to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of outstanding offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors.