Broad money growth in Mongolia

Mongolia: Broad money growth was 15.0% in 2024. ◆ Volatile

Latest (2024)
15.0%
Change on year
down 44.0%
World rank
42nd
of 166 countries
All-time high
227.6%
in 1993
All-time low
-5.6%
in 2008
Years of data
33
1992–2024

Broad money growth in Mongolia, 1992–2024

0501001502002501992200820241992: 31.6 annual %1993: 227.6 annual %1994: 80 annual %1995: 32.6 annual %1996: 17.2 annual %1997: 42.2 annual %1998: -1.7 annual %1999: 31.6 annual %2000: 17.6 annual %2001: 27.9 annual %2002: 42.1 annual %2003: 49.6 annual %2004: 20.4 annual %2005: 34.6 annual %2006: 34.8 annual %2007: 56.3 annual %2008: -5.6 annual %2009: 27 annual %2010: 62.5 annual %2011: 37 annual %2012: 18.7 annual %2013: 24.2 annual %2014: 12.5 annual %2015: -5.5 annual %2016: 21 annual %2017: 30.5 annual %2018: 22.8 annual %2019: 7 annual %2020: 17.5 annual %2021: 13.8 annual %2022: 6.5 annual %2023: 26.8 annual %2024: 15 annual %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.

Analysis

Mongolia recorded 15.0% for broad money growth in 2024.

The figure is down 44.0% on the previous year and up 20.2% over ten years.

Over the whole period, broad money growth in Mongolia peaked at 227.6% in 1993 and was at its lowest, -5.6%, in 2008.

Mongolia ranks 42nd of 166 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 57.7% -1.7% 227.6% 8
2000s 30.5% -5.6% 56.3% 10
2010s 23.1% -5.5% 62.5% 10
2020s 15.9% 6.5% 26.8% 5

Countries ranked near Mongolia

  1. 39 Micronesia (country) 15.4% compare
  2. 40 Benin 15.3% compare
  3. 41 Ukraine 15.3% compare
  4. 43 Canada 14.9% compare
  5. 44 Panama 14.6% compare
  6. 45 Guatemala 14.5% compare

See the full ranking of 166 places →

More financial sector data for Mongolia

All data for Mongolia →

Frequently asked questions

What is broad money growth in Mongolia?
Broad money growth in Mongolia was 15.0% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest broad money growth recorded in Mongolia?
The highest recorded value was 227.6% in 1993.
What is the lowest broad money growth recorded in Mongolia?
The lowest recorded value was -5.6% in 2008.
How does Mongolia rank for broad money growth?
Mongolia ranks 42nd out of 166 countries with data for 2024.
Is broad money growth rising or falling in Mongolia?
Over the last ten years it is up 20.2%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.

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About this data

Indicator
Broad money growth (annual %)
Unit
annual %
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
166 places, 8,338 data points, 1961–2025
Last refreshed

Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.