Dominican Republic vs Mongolia: Lending interest rate
Dominican Republic
15.3%
in 2024
Mongolia
16.0%
in 2021
Dominican Republic rank
32nd
Mongolia rank
29th
Lending interest rate over time
- Dominican Republic
- Mongolia
How they compare
Mongolia currently reports 16.0% against 15.3% in Dominican Republic, a difference of 0.8%.
The two have swapped places 2 times across 24 shared years of data; in 1998 it was Mongolia ahead.
Globally, Dominican Republic ranks 32nd and Mongolia ranks 29th of 148 countries.
Individual pages
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.