Money market Rate, Percent per annum in Mongolia
Mongolia: Money market Rate, Percent per annum was 6.09 in 2021. ▲ Rising
Money market Rate, Percent per annum in Mongolia, 2003–2021
Source: International Monetary Fund.
Analysis
Mongolia recorded 6.09 for money market rate, percent per annum in 2021.
Compared with earlier readings it is down 31.1% on the previous year and down 40.8% over ten years.
Over the whole period, money market rate, percent per annum in Mongolia peaked at 13.94 in 2008 and was at its lowest, 5.97, in 2006.
Mongolia ranks 39th of 94 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Money market Rate, Percent per annum in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 9.85 | — |
| 2004 | 11.71 | +19.0% |
| 2005 | 7.51 | -35.9% |
| 2006 | 5.97 | -20.5% |
| 2007 | 6.34 | +6.1% |
| 2008 | 13.94 | +120.0% |
| 2009 | 13.57 | -2.7% |
| 2010 | 9.21 | -32.1% |
| 2011 | 10.29 | +11.7% |
| 2012 | 13.3 | +29.3% |
| 2013 | 10.59 | -20.4% |
| 2014 | 11.41 | +7.7% |
| 2015 | 12.99 | +13.9% |
| 2016 | 13.47 | +3.6% |
| 2017 | 13.24 | -1.7% |
| 2018 | 10.26 | -22.5% |
| 2019 | 11.08 | +7.9% |
| 2020 | 8.84 | -20.2% |
| 2021 | 6.09 | -31.1% |
Mongolia compared with similar countries
- Mongolia's 6.09 is below the median for upper middle income countries, which is 6.74, 90% of the median. (32 countries reporting)
- Mongolia's 6.09 is above the median for East Asia & Pacific, which is 2.85, 2.1× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.84 | 5.97 | 13.94 | 7 |
| 2010s | 11.58 | 9.21 | 13.47 | 10 |
| 2020s | 7.46 | 6.09 | 8.84 | 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 money market rate, percent per annum in Mongolia?
- Money market rate, percent per annum in Mongolia was 6.09 in 2021, according to International Monetary Fund.
- What is the highest money market rate, percent per annum recorded in Mongolia?
- The highest recorded value was 13.94 in 2008.
- What is the lowest money market rate, percent per annum recorded in Mongolia?
- The lowest recorded value was 5.97 in 2006.
- How does Mongolia rank for money market rate, percent per annum?
- Mongolia ranks 39th out of 94 countries with data for 2021.
- Is money market rate, percent per annum rising or falling in Mongolia?
- Over the last ten years it is down 40.8%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from International Monetary Fund, published as part of Money market Rate, Percent per annum. Statizoid updates them automatically from the source API.
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CSV · JSON — 19 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.