Private credit by deposit money banks to GDP in Mongolia
Mongolia: Private credit by deposit money banks to GDP was 47.9% in 2021. ◆ Volatile
Private credit by deposit money banks to GDP in Mongolia, 1991–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for private credit by deposit money banks to gdp in Mongolia is 47.9%, measured in 2021.
Compared with earlier readings it is up 4.9% on the previous year and up 10.1% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Mongolia peaked at 59.9% in 2013 and was at its lowest, 4.1%, in 1997.
Mongolia ranks 91st of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Private credit by deposit money banks to GDP in Mongolia, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 12.7% | — |
| 1992 | 11.2% | -11.8% |
| 1993 | 5.5% | -50.7% |
| 1994 | 9.1% | +65.5% |
| 1995 | 6.8% | -25.4% |
| 1996 | 6.9% | +1.8% |
| 1997 | 4.1% | -41.4% |
| 1998 | 7.0% | +72.3% |
| 1999 | 6.0% | -14.2% |
| 2000 | 5.9% | -2.3% |
| 2001 | 8.6% | +46.4% |
| 2002 | 12.8% | +49.3% |
| 2003 | 20.7% | +61.0% |
| 2004 | 22.3% | +7.8% |
| 2005 | 27.9% | +25.5% |
| 2006 | 30.5% | +9.1% |
| 2007 | 42.2% | +38.5% |
| 2008 | 40.8% | -3.4% |
| 2009 | 40.3% | -1.2% |
| 2010 | 34.2% | -15.2% |
| 2011 | 43.5% | +27.2% |
| 2012 | 43.7% | +0.5% |
| 2013 | 59.9% | +36.9% |
| 2014 | 57.7% | -3.7% |
| 2015 | 52.3% | -9.2% |
| 2016 | 54.1% | +3.3% |
| 2017 | 50.7% | -6.3% |
| 2018 | 53.7% | +6.1% |
| 2019 | 48.6% | -9.5% |
| 2020 | 45.6% | -6.2% |
| 2021 | 47.9% | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.7% | 4.1% | 12.7% | 9 |
| 2000s | 25.2% | 5.9% | 42.2% | 10 |
| 2010s | 49.8% | 34.2% | 59.9% | 10 |
| 2020s | 46.8% | 45.6% | 47.9% | 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 private credit by deposit money banks to gdp in Mongolia?
- Private credit by deposit money banks to gdp in Mongolia was 47.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Mongolia?
- The highest recorded value was 59.9% in 2013.
- What is the lowest private credit by deposit money banks to gdp recorded in Mongolia?
- The lowest recorded value was 4.1% in 1997.
- How does Mongolia rank for private credit by deposit money banks to gdp?
- Mongolia ranks 91st out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Mongolia?
- Over the last ten years it is up 10.1%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).