Deposit interest rate in Mongolia in 2021 — 6.6%. Ranked 17 in the world out of 110. Since 1992, the indicator has fallen by 493.4 pp.
1992–2021 · % per annum
| Year | % | Change, pp |
|---|---|---|
| 2021 | 6.6 | −3.66 pp |
| 2020 | 10.26 | −0.7 pp |
| 2019 | 10.96 | −1.48 pp |
| 2018 | 12.44 | −0.52 pp |
| 2017 | 12.96 | −0.32 pp |
| 2016 | 13.27 | +0.29 pp |
| 2015 | 12.98 | +0.66 pp |
| 2014 | 12.31 | +0.27 pp |
| 2013 | 12.05 | +0.77 pp |
| 2012 | 11.27 | +0.8 pp |
| 2011 | 10.47 | −1.38 pp |
| 2010 | 11.86 | −1.42 pp |
| 2009 | 13.28 | +1.89 pp |
| 2008 | 11.39 | −2.07 pp |
| 2007 | 13.46 | +0.45 pp |
| 2006 | 13.01 | +0.01 pp |
| 2005 | 13 | −1.15 pp |
| 2004 | 14.15 | +0.13 pp |
| 2003 | 14.02 | +0.8 pp |
| 2002 | 13.22 | −1.08 pp |
| 2001 | 14.3 | −2.5 pp |
| 2000 | 16.8 | −6.62 pp |
| 1999 | 23.42 | −9.89 pp |
| 1998 | 33.31 | −3.06 pp |
| 1997 | 36.37 | −8.38 pp |
| 1996 | 44.75 | −29.87 pp |
| 1995 | 74.62 | −41.09 pp |
| 1994 | 115.71 | −164.49 pp |
| 1993 | 280.2 | −219.8 pp |
| 1992 | 500 | — |
The same indicator for neighboring countries — with links to their pages
The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.
Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.
Source: World Economic Outlook (IMF), license IMF open data.
The average rate at which banks lend to businesses and households.
Finance Real interest rateThe lending rate less inflation — the true cost of borrowed money.
Economy Consumer price inflationThe annual change in the consumer price index, in percent.
Finance Current account balanceThe balance of a country's external transactions as a percent of GDP: surplus or deficit.
Finance Current account balance (World Bank)The current account balance as a percent of GDP from World Bank data.
Finance Broad money (% of GDP)The amount of money in the economy as a percent of GDP — the depth of the financial system.
