Net domestic credit in Mongolia
Mongolia: Net domestic credit was 36.24 trillion current LCU in 2024. ◆ Volatile
Net domestic credit in Mongolia, 1991–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net domestic credit in Mongolia is 36.24 trillion current LCU, measured in 2024. That is the highest value across all 34 years on record.
That represents a change of up 20.7% on the previous year and up 145.4% over ten years.
Over the whole period, net domestic credit in Mongolia peaked at 36.24 trillion current LCU in 2024 and was at its lowest, 12.77 billion current LCU, in 1991.
Mongolia ranks 25th of 187 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit in Mongolia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1991 | 12.77 billion current LCU | — |
| 1992 | 19.72 billion current LCU | +54.4% |
| 1993 | 31.54 billion current LCU | +59.9% |
| 1994 | 56.45 billion current LCU | +79.0% |
| 1995 | 41.73 billion current LCU | -26.1% |
| 1996 | 93.21 billion current LCU | +123.4% |
| 1997 | 67.88 billion current LCU | -27.2% |
| 1998 | 137.09 billion current LCU | +102.0% |
| 1999 | 119.49 billion current LCU | -12.8% |
| 2000 | 109.58 billion current LCU | -8.3% |
| 2001 | 135.91 billion current LCU | +24.0% |
| 2002 | 205.98 billion current LCU | +51.6% |
| 2003 | 364.50 billion current LCU | +77.0% |
| 2004 | 639.58 billion current LCU | +75.5% |
| 2005 | 810.41 billion current LCU | +26.7% |
| 2006 | 805.04 billion current LCU | -0.7% |
| 2007 | 1.39 trillion current LCU | +72.9% |
| 2008 | 2.06 trillion current LCU | +48.0% |
| 2009 | 1.94 trillion current LCU | -5.8% |
| 2010 | 2.51 trillion current LCU | +29.5% |
| 2011 | 4.46 trillion current LCU | +77.4% |
| 2012 | 4.29 trillion current LCU | -3.8% |
| 2013 | 11.22 trillion current LCU | +161.5% |
| 2014 | 14.77 trillion current LCU | +31.7% |
| 2015 | 16.04 trillion current LCU | +8.6% |
| 2016 | 18.20 trillion current LCU | +13.5% |
| 2017 | 18.28 trillion current LCU | +0.4% |
| 2018 | 21.04 trillion current LCU | +15.1% |
| 2019 | 19.54 trillion current LCU | -7.1% |
| 2020 | 20.03 trillion current LCU | +2.5% |
| 2021 | 25.21 trillion current LCU | +25.9% |
| 2022 | 26.72 trillion current LCU | +6.0% |
| 2023 | 30.02 trillion current LCU | +12.4% |
| 2024 | 36.24 trillion current LCU | +20.7% |
Mongolia compared with similar countries
- Mongolia's 36.24 trillion current LCU is above the median for upper middle income countries, which is 1.08 trillion current LCU, 33.5× the median. (55 countries reporting)
- Mongolia's 36.24 trillion current LCU is above the median for East Asia & Pacific, which is 4.46 trillion current LCU, 8.1× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 64.43 billion current LCU | 12.77 billion current LCU | 137.09 billion current LCU | 9 |
| 2000s | 846.23 billion current LCU | 109.58 billion current LCU | 2.06 trillion current LCU | 10 |
| 2010s | 13.03 trillion current LCU | 2.51 trillion current LCU | 21.04 trillion current LCU | 10 |
| 2020s | 27.64 trillion current LCU | 20.03 trillion current LCU | 36.24 trillion current LCU | 5 |
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 net domestic credit in Mongolia?
- Net domestic credit in Mongolia was 36.24 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Mongolia?
- The highest recorded value was 36.24 trillion current LCU in 2024.
- What is the lowest net domestic credit recorded in Mongolia?
- The lowest recorded value was 12.77 billion current LCU in 1991.
- How does Mongolia rank for net domestic credit?
- Mongolia ranks 25th out of 187 countries with data for 2024.
- Is net domestic credit rising or falling in Mongolia?
- Over the last ten years it is up 145.4%. 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 Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.