Broad money to total reserves ratio in Mongolia
Mongolia: Broad money to total reserves ratio was 2.32 in 2024. ◆ Volatile
Broad money to total reserves ratio in Mongolia, 1992–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
Mongolia recorded 2.32 for broad money to total reserves ratio in 2024.
Compared with earlier readings it is up 4.9% on the previous year and down 34.6% over ten years.
Over the whole period, broad money to total reserves ratio in Mongolia peaked at 13.42 in 1992 and was at its lowest, 1.07, in 1997.
Mongolia ranks 110th of 158 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.12 | 1.07 | 13.42 | 8 |
| 2000s | 2.19 | 1.19 | 3.44 | 10 |
| 2010s | 2.56 | 1.36 | 4.36 | 10 |
| 2020s | 2.29 | 1.91 | 2.78 | 5 |
Countries ranked near Mongolia
More financial sector data for Mongolia
- Domestic credit to private sector 44.9% (2024)
- Claims on central government, etc. -8.3% (2024)
- Broad money 53.7% (2024)
- Monetary Sector credit to private sector 44.9% (2024)
- Net foreign assets 8.60 trillion current LCU (2024)
- Net domestic credit 36.24 trillion current LCU (2024)
- Net migration 79 (2025)
- Total reserves in months of imports 3.33 (2024)
- Domestic credit to private sector by banks 48.5% (2025)
- Official exchange rate 3,545 LCU per US$, period average (2025)
Frequently asked questions
- What is broad money to total reserves ratio in Mongolia?
- Broad money to total reserves ratio in Mongolia was 2.32 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Mongolia?
- The highest recorded value was 13.42 in 1992.
- What is the lowest broad money to total reserves ratio recorded in Mongolia?
- The lowest recorded value was 1.07 in 1997.
- How does Mongolia rank for broad money to total reserves ratio?
- Mongolia ranks 110th out of 158 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in Mongolia?
- Over the last ten years it is down 34.6%. 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 to total reserves ratio. Statizoid updates them automatically from the source API.
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About this data
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. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a ratio (a÷b).