Mongolia: Real interest rate
* indicates monthly or quarterly data series
| Mongolia |
Real interest rate: Bank lending rate minus inflation |
|---|---|
| Latest value | 1.39 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1998 - 2021 |
| Average | 13.30 |
| Min - Max | -13.73 - 50.98 |
| Source | The International Monetary Fund |
The latest value from 2021 is 1.39 percent, a decline from 12.75 percent in 2020. In comparison, the world average is 1.68 percent, based on data from 106 countries. Historically, the average for Mongolia from 1998 to 2021 is 13.3 percent. The minimum value, -13.73 percent, was reached in 2010 while the maximum of 50.98 percent was recorded in 1998.
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* indicates monthly or quarterly data series
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Definition: 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.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Lending-deposit interest rate spread | 6.67 | 2020 | interest rate points |
| Bank cost to income ratio | 46.43 | 2021 | percent |
| Bank overhead cost | 2.32 | 2021 | percent |
| Net interest margin | 5.43 | 2021 | percent |
| Bank credit to deposits | 76.46 | 2021 | percent |
| Return on assets | 1.86 | 2021 | percent |
| Return on equity | 18.32 | 2021 | percent |
| Banking system z-scores | 36.25 | 2021 | index points |
| Liquid assets to deposits | 48.01 | 2021 | percent |
| Non-interest income to total income | 19.29 | 2021 | percent |
| Lending interest rate | 16.01 | 2021 | percent |
| Real interest rate | 1.39 | 2021 | percent |
| Legal rights | 9.00 | 2019 | points |
| Credit information sharing | 7.00 | 2019 | points |