Real interest rate in Mongolia
Mongolia: Real interest rate was 1.4% in 2021. ◆ Volatile
Real interest rate in Mongolia, 1998–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Mongolia recorded 1.4% for real interest rate in 2021.
Compared with earlier readings it is down 89.1% on the previous year and up 7.1% over ten years.
Over the whole period, real interest rate in Mongolia peaked at 51.0% in 1998 and was at its lowest, -13.7%, in 2010.
That places Mongolia 112th out of 148 countries with data for 2021, putting it in the bottom quarter.
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 | 40.4% | 29.9% | 51.0% | 2 |
| 2000s | 14.7% | -0.7% | 27.4% | 10 |
| 2010s | 7.7% | -13.7% | 18.8% | 10 |
| 2020s | 7.1% | 1.4% | 12.8% | 2 |
Countries ranked near Mongolia
More financial sector data for Mongolia
- Domestic credit to private sector 44.9% (2024)
- Net domestic credit 36.24 trillion current LCU (2024)
- Total reserves in months of imports 3.33 (2024)
- Net foreign assets 8.60 trillion current LCU (2024)
- Domestic credit to private sector by banks 48.5% (2025)
- Claims on central government, etc. -8.3% (2024)
- Monetary Sector credit to private sector 44.9% (2024)
- Broad money 53.7% (2024)
- Official exchange rate 3,545 LCU per US$, period average (2025)
- Net migration 79 (2025)
Frequently asked questions
- What is real interest rate in Mongolia?
- Real interest rate in Mongolia was 1.4% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Mongolia?
- The highest recorded value was 51.0% in 1998.
- What is the lowest real interest rate recorded in Mongolia?
- The lowest recorded value was -13.7% in 2010.
- How does Mongolia rank for real interest rate?
- Mongolia ranks 112th out of 148 countries with data for 2021.
- Is real interest rate rising or falling in Mongolia?
- Over the last ten years it is up 7.1%. 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 Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.