Real interest rate — all countries

Real interest rate — Mongolia

Real interest rate in Mongolia in 2021 — 1.39%. Ranked 59 in the world out of 109. Since 1998, the indicator has fallen by 49.59 pp.

2021 1.39% −11.36 pp vs 2020
World rank 59of 109
Period maximum 50.98%1998
Period minimum -13.73%2010

Trend over time

1998–2021 · % per annum

Real interest rate — Mongolia, 1998–2021-2002040601998200120042007201020132016201920211998: 50.98%1999: 29.88%2000: 22.28%2001: 24.36%2002: 27.4%2003: 19.66%2004: 12.67%2005: 8.72%2006: 4.06%2007: 9.14%2008: -0.71%2009: 19.48%2010: -13.73%2011: 1.29%2012: 4.73%2013: 15.13%2014: 10.77%2015: 18.84%2016: 16.26%2017: 8.31%2018: 9.03%2019: 6.39%2020: 12.75%2021: 1.39%
Change over the period: −49.59 pp Annual average: -2.16 pp
Real interest rate — Mongolia, by year Mongolia All countries CSV XLSX
Year % Change, pp
2021 1.39 −11.36 pp
2020 12.75 +6.36 pp
2019 6.39 −2.65 pp
2018 9.03 +0.73 pp
2017 8.31 −7.95 pp
2016 16.26 −2.58 pp
2015 18.84 +8.06 pp
2014 10.77 −4.36 pp
2013 15.13 +10.41 pp
2012 4.73 +3.43 pp
2011 1.29 +15.02 pp
2010 -13.73 −33.21 pp
2009 19.48 +20.2 pp
2008 -0.71 −9.85 pp
2007 9.14 +5.08 pp
2006 4.06 −4.66 pp
2005 8.72 −3.95 pp
2004 12.67 −6.99 pp
2003 19.66 −7.74 pp
2002 27.4 +3.05 pp
2001 24.36 +2.08 pp
2000 22.28 −7.6 pp
1999 29.88 −21.1 pp
1998 50.98

Eastern Asia, 2021

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

About the indicator

The lending interest rate adjusted for inflation by the GDP deflator. It shows the real cost of borrowed funds for the economy. Negative values mean that inflation erodes debt faster than interest accrues on it — a situation that favors borrowers and works against lenders and depositors.

Important: There are no aggregates for country groups: a weight by the volume of credit is needed, and we do not have it. The rate is already net of inflation, so negative values are normal — they mean borrowing costs less than inflation erodes.

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