Monetary Sector credit to private sector in Mongolia
Mongolia: Monetary Sector credit to private sector was 44.9% in 2024. ◆ Volatile
Monetary Sector credit to private sector in Mongolia, 1991–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for monetary sector credit to private sector in Mongolia is 44.9%, measured in 2024.
That represents a change of up 16.3% on the previous year and down 24.3% over ten years.
Over the whole period, monetary sector credit to private sector in Mongolia peaked at 59.9% in 2013 and was at its lowest, 5.2%, in 1997.
That places Mongolia 83rd out of 186 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Monetary Sector credit to private sector in Mongolia, year by year
| Year | % GDP | Change |
|---|---|---|
| 1991 | 14.8% | — |
| 1992 | 13.1% | -11.9% |
| 1993 | 6.4% | -50.7% |
| 1994 | 10.7% | +65.4% |
| 1995 | 8.0% | -25.4% |
| 1996 | 8.8% | +11.2% |
| 1997 | 5.2% | -41.6% |
| 1998 | 9.1% | +76.7% |
| 1999 | 7.4% | -18.5% |
| 2000 | 6.9% | -6.8% |
| 2001 | 9.1% | +31.9% |
| 2002 | 14.4% | +57.6% |
| 2003 | 22.3% | +54.8% |
| 2004 | 25.6% | +14.6% |
| 2005 | 27.6% | +7.8% |
| 2006 | 30.1% | +9.3% |
| 2007 | 41.6% | +38.0% |
| 2008 | 39.9% | -4.0% |
| 2009 | 40.3% | +1.0% |
| 2010 | 34.2% | -15.2% |
| 2011 | 43.5% | +27.2% |
| 2012 | 43.7% | +0.5% |
| 2013 | 59.9% | +36.9% |
| 2014 | 59.3% | -1.0% |
| 2015 | 54.5% | -8.2% |
| 2016 | 56.9% | +4.6% |
| 2017 | 52.8% | -7.2% |
| 2018 | 55.4% | +4.9% |
| 2019 | 48.9% | -11.7% |
| 2020 | 45.8% | -6.4% |
| 2021 | 47.5% | +3.7% |
| 2022 | 41.0% | -13.7% |
| 2023 | 38.6% | -5.8% |
| 2024 | 44.9% | +16.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.3% | 5.2% | 14.8% | 9 |
| 2000s | 25.8% | 6.9% | 41.6% | 10 |
| 2010s | 50.9% | 34.2% | 59.9% | 10 |
| 2020s | 43.6% | 38.6% | 47.5% | 5 |
Countries ranked near Mongolia
- 80 Bosnia and Herzegovina 46.1% compare
- 81 Jamaica 45.9% compare
- 82 Montenegro 45.3% compare
- 84 United States of America 44.5% compare
- 85 India 44.0% compare
- 86 Belize 43.1% compare
More financial sector data for Mongolia
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 15.46 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1673 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,189 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 15.02 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,209 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 21.09 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,433 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 21.07 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,433 SDR per person (2025)
- Total reserves (gold at national valuation) 5.12 billion SDR (2025)
Frequently asked questions
- What is monetary sector credit to private sector in Mongolia?
- Monetary sector credit to private sector in Mongolia was 44.9% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Mongolia?
- The highest recorded value was 59.9% in 2013.
- What is the lowest monetary sector credit to private sector recorded in Mongolia?
- The lowest recorded value was 5.2% in 1997.
- How does Mongolia rank for monetary sector credit to private sector?
- Mongolia ranks 83rd out of 186 countries with data for 2024.
- Is monetary sector credit to private sector rising or falling in Mongolia?
- Over the last ten years it is down 24.3%. 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 Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.