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Mongolia · Interest rate

Mongolia Interest rate

The World Bank — World Development Indicators (CC BY 4.0) · updated 2021-12-31

Latest · 202116.01%
Previous · 202016.93%
Highest · 199848.06%
Lowest · 202116.01%

Mongolia's interest rate stands at 16.01% as of 2021-12-31, down from 16.93% in 2020. Historical data runs from 1998 to 2021 (24 observations).

Recent trend

In 2021, Mongolia's interest rate was 16.01%, down from 16.93% in 2020.

In 2020, Mongolia's interest rate was 16.93%, down from 17% in 2019.

In 2019, Mongolia's interest rate was 17%, down from 17.71% in 2018.

In 2018, Mongolia's interest rate was 17.71%, down from 20.01% in 2017.

In 2017, Mongolia's interest rate was 20.01%, up from 19.74% in 2016.

Mongolia Interest rate — historical data

YearValueChange
202116.01%-0.9239%
202016.93%-0.066%
201917%-0.7176%
201817.71%-2.29%
201720.01%+0.2654%
201619.74%+0.1788%
201519.56%+0.5373%
201419.03%+0.5434%
201318.48%+0.3682%
201218.11%+1.5%
201116.61%-3.46%
201020.07%-1.6%
200921.67%+1.08%
200820.58%-1.25%
200721.83%-5.11%
200626.93%-3.64%
200530.57%-0.9025%
200431.47%-0.4333%
200331.91%-3.61%
200235.52%-1.83%
200137.35%+0.3973%
200036.95%-7.06%
199944.01%-4.05%
199848.06%

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

More Mongolia data

Frequently asked questions

What is Mongolia's interest rate?

Mongolia's interest rate is 16.01% as of 2021-12-31, compared with 16.93% in 2020. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest interest rate in Mongolia?

The highest recorded value is 48.06% (1998); the lowest is 16.01% (2021), across data from 1998 to 2021.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.