Net domestic credit (current LCU), per unit of GDP in Mongolia
Mongolia: Net domestic credit (current LCU), per unit of GDP was 1,523 current LCU per US$ of GDP in 2024. ◆ Volatile
Net domestic credit (current LCU), per unit of GDP in Mongolia, 1991–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for net domestic credit (current lcu), per unit of gdp in Mongolia is 1,523 current LCU per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 3.1% on the previous year and up 26.1% over ten years.
Over the whole period, net domestic credit (current lcu), per unit of gdp in Mongolia peaked at 1,649 current LCU per US$ of GDP in 2021 and was at its lowest, 5.37 current LCU per US$ of GDP, in 1991.
Mongolia ranks 12th of 186 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), per unit of GDP in Mongolia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1991 | 5.37 current LCU per US$ of GDP | — |
| 1992 | 14.96 current LCU per US$ of GDP | +178.8% |
| 1993 | 41.04 current LCU per US$ of GDP | +174.3% |
| 1994 | 60.97 current LCU per US$ of GDP | +48.6% |
| 1995 | 28.74 current LCU per US$ of GDP | -52.9% |
| 1996 | 69.26 current LCU per US$ of GDP | +141.0% |
| 1997 | 57.48 current LCU per US$ of GDP | -17.0% |
| 1998 | 121.92 current LCU per US$ of GDP | +112.1% |
| 1999 | 113 current LCU per US$ of GDP | -7.3% |
| 2000 | 96.39 current LCU per US$ of GDP | -14.7% |
| 2001 | 107.19 current LCU per US$ of GDP | +11.2% |
| 2002 | 147.49 current LCU per US$ of GDP | +37.6% |
| 2003 | 228.49 current LCU per US$ of GDP | +54.9% |
| 2004 | 321.06 current LCU per US$ of GDP | +40.5% |
| 2005 | 321.15 current LCU per US$ of GDP | +0.0% |
| 2006 | 235.8 current LCU per US$ of GDP | -26.6% |
| 2007 | 328.59 current LCU per US$ of GDP | +39.4% |
| 2008 | 366.24 current LCU per US$ of GDP | +11.5% |
| 2009 | 423.29 current LCU per US$ of GDP | +15.6% |
| 2010 | 349.44 current LCU per US$ of GDP | -17.4% |
| 2011 | 428.22 current LCU per US$ of GDP | +22.5% |
| 2012 | 348.87 current LCU per US$ of GDP | -18.5% |
| 2013 | 891.36 current LCU per US$ of GDP | +155.5% |
| 2014 | 1,208 current LCU per US$ of GDP | +35.5% |
| 2015 | 1,380 current LCU per US$ of GDP | +14.3% |
| 2016 | 1,628 current LCU per US$ of GDP | +17.9% |
| 2017 | 1,593 current LCU per US$ of GDP | -2.2% |
| 2018 | 1,596 current LCU per US$ of GDP | +0.2% |
| 2019 | 1,376 current LCU per US$ of GDP | -13.8% |
| 2020 | 1,504 current LCU per US$ of GDP | +9.4% |
| 2021 | 1,649 current LCU per US$ of GDP | +9.6% |
| 2022 | 1,558 current LCU per US$ of GDP | -5.5% |
| 2023 | 1,477 current LCU per US$ of GDP | -5.2% |
| 2024 | 1,523 current LCU per US$ of GDP | +3.1% |
Mongolia compared with similar countries
- Mongolia's 1,523 current LCU per US$ of GDP is above the median for upper middle income countries, which is 11.1 current LCU per US$ of GDP, 137.2× the median. (55 countries reporting)
- Mongolia's 1,523 current LCU per US$ of GDP is above the median for East Asia & Pacific, which is 12.56 current LCU per US$ of GDP, 121.2× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 56.97 current LCU per US$ of GDP | 5.37 current LCU per US$ of GDP | 121.92 current LCU per US$ of GDP | 9 |
| 2000s | 257.57 current LCU per US$ of GDP | 96.39 current LCU per US$ of GDP | 423.29 current LCU per US$ of GDP | 10 |
| 2010s | 1,080 current LCU per US$ of GDP | 348.87 current LCU per US$ of GDP | 1,628 current LCU per US$ of GDP | 10 |
| 2020s | 1,542 current LCU per US$ of GDP | 1,477 current LCU per US$ of GDP | 1,649 current LCU per US$ of GDP | 5 |
Countries ranked near Mongolia
- 9 South Korea 2,672 current LCU per US$ of GDP compare
- 10 Laos 2,203 current LCU per US$ of GDP compare
- 11 Colombia 2,123 current LCU per US$ of GDP compare
- 13 Somalia 1,373 current LCU per US$ of GDP compare
- 14 Madagascar 1,010 current LCU per US$ of GDP compare
- 15 Burundi 977.51 current LCU per US$ of GDP compare
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 net domestic credit (current lcu), per unit of gdp in Mongolia?
- Net domestic credit (current lcu), per unit of gdp in Mongolia was 1,523 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per unit of gdp recorded in Mongolia?
- The highest recorded value was 1,649 current LCU per US$ of GDP in 2021.
- What is the lowest net domestic credit (current lcu), per unit of gdp recorded in Mongolia?
- The lowest recorded value was 5.37 current LCU per US$ of GDP in 1991.
- How does Mongolia rank for net domestic credit (current lcu), per unit of gdp?
- Mongolia ranks 12th out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), per unit of gdp rising or falling in Mongolia?
- Over the last ten years it is up 26.1%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ GDP (current US$)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.