Credit to the private sector — all countries

Credit to the private sector — Mongolia

Credit to the private sector in Mongolia in 2024 — 44.91%. Ranked 70 in the world out of 143. Since 1991, the indicator has risen by 30.07 pp.

2024 44.91% +6.29 pp vs 2023
World rank 70of 143
Period maximum 59.87%2013
Period minimum 5.16%1997

Trend over time

1991–2024 · % of GDP

Credit to the private sector — Mongolia, 1991–202402040601991199519992003200720112015201920231991: 14.84%1992: 13.08%1993: 6.45%1994: 10.67%1995: 7.96%1996: 8.85%1997: 5.16%1998: 9.12%1999: 7.44%2000: 6.93%2001: 9.14%2002: 14.41%2003: 22.31%2004: 25.55%2005: 27.55%2006: 30.12%2007: 41.58%2008: 39.9%2009: 40.3%2010: 34.19%2011: 43.49%2012: 43.72%2013: 59.87%2014: 59.29%2015: 54.46%2016: 56.94%2017: 52.82%2018: 55.41%2019: 48.9%2020: 45.79%2021: 47.49%2022: 40.98%2023: 38.61%2024: 44.91%
Change over the period: +30.07 pp Annual average: 0.91 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Mongolia

Mongolia 44.91%
World 140.32%
Eastern Asia computed 190.9%
Credit to the private sector — Mongolia, by year Mongolia All countries CSV XLSX
Year % Change, pp
2024 44.91 +6.29 pp
2023 38.61 −2.36 pp
2022 40.98 −6.51 pp
2021 47.49 +1.7 pp
2020 45.79 −3.12 pp
2019 48.9 −6.51 pp
2018 55.41 +2.59 pp
2017 52.82 −4.13 pp
2016 56.94 +2.48 pp
2015 54.46 −4.83 pp
2014 59.29 −0.58 pp
2013 59.87 +16.15 pp
2012 43.72 +0.23 pp
2011 43.49 +9.3 pp
2010 34.19 −6.11 pp
2009 40.3 +0.4 pp
2008 39.9 −1.67 pp
2007 41.58 +11.46 pp
2006 30.12 +2.57 pp
2005 27.55 +2 pp
2004 25.55 +3.25 pp
2003 22.31 +7.9 pp
2002 14.41 +5.27 pp
2001 9.14 +2.21 pp
2000 6.93 −0.51 pp
1999 7.44 −1.68 pp
1998 9.12 +3.96 pp
1997 5.16 −3.68 pp
1996 8.85 +0.89 pp
1995 7.96 −2.71 pp
1994 10.67 +4.22 pp
1993 6.45 −6.63 pp
1992 13.08 −1.76 pp
1991 14.84

Eastern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

Source: World Economic Outlook (IMF), license IMF open data.