Net domestic credit in Mongolia

Mongolia: Net domestic credit was 36.24 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
36.24 trillion current LCU
Change on year
up 20.7%
World rank
25th
of 186 countries
All-time high
36.24 trillion current LCU
in 2024
All-time low
12.77 billion current LCU
in 1991
Years of data
34
1991–2024

Net domestic credit in Mongolia, 1991–2024

010.0T20.0T30.0T40.0T1991200720241991: 12.8B current LCU1992: 19.7B current LCU1993: 31.5B current LCU1994: 56.4B current LCU1995: 41.7B current LCU1996: 93.2B current LCU1997: 67.9B current LCU1998: 137.1B current LCU1999: 119.5B current LCU2000: 109.6B current LCU2001: 135.9B current LCU2002: 206.0B current LCU2003: 364.5B current LCU2004: 639.6B current LCU2005: 810.4B current LCU2006: 805.0B current LCU2007: 1.4T current LCU2008: 2.1T current LCU2009: 1.9T current LCU2010: 2.5T current LCU2011: 4.5T current LCU2012: 4.3T current LCU2013: 11.2T current LCU2014: 14.8T current LCU2015: 16.0T current LCU2016: 18.2T current LCU2017: 18.3T current LCU2018: 21.0T current LCU2019: 19.5T current LCU2020: 20.0T current LCU2021: 25.2T current LCU2022: 26.7T current LCU2023: 30.0T current LCU2024: 36.2T current LCU

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.

Analysis

The most recent figure for net domestic credit in Mongolia is 36.24 trillion current LCU, measured in 2024. That is the highest value across all 34 years on record.

That represents a change of up 20.7% on the previous year and up 145.4% over ten years.

Over the whole period, net domestic credit in Mongolia peaked at 36.24 trillion current LCU in 2024 and was at its lowest, 12.77 billion current LCU, in 1991.

Mongolia ranks 25th of 186 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 64.43 billion current LCU 12.77 billion current LCU 137.09 billion current LCU 9
2000s 846.23 billion current LCU 109.58 billion current LCU 2.06 trillion current LCU 10
2010s 13.03 trillion current LCU 2.51 trillion current LCU 21.04 trillion current LCU 10
2020s 27.64 trillion current LCU 20.03 trillion current LCU 36.24 trillion current LCU 5

Countries ranked near Mongolia

  1. 22 Uganda 50.23 trillion current LCU compare
  2. 23 Hungary 47.75 trillion current LCU compare
  3. 24 Tanzania 47.56 trillion current LCU compare
  4. 26 United States 32.37 trillion current LCU compare
  5. 27 Turkey 31.38 trillion current LCU compare
  6. 28 Costa Rica 29.82 trillion current LCU compare

See the full ranking of 186 places →

More financial sector data for Mongolia

All data for Mongolia →

Frequently asked questions

What is net domestic credit in Mongolia?
Net domestic credit in Mongolia was 36.24 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest net domestic credit recorded in Mongolia?
The highest recorded value was 36.24 trillion current LCU in 2024.
What is the lowest net domestic credit recorded in Mongolia?
The lowest recorded value was 12.77 billion current LCU in 1991.
How does Mongolia rank for net domestic credit?
Mongolia ranks 25th out of 186 countries with data for 2024.
Is net domestic credit rising or falling in Mongolia?
Over the last ten years it is up 145.4%. 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 Net domestic credit (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net domestic credit (current LCU)
Unit
current LCU
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,948 data points, 1960–2025
Last refreshed

Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.