Mongolia: Deposit interest rate

* indicates monthly or quarterly data series
 Mongolia

Bank deposit interest rate, percent

 Latest value 13.8
 Reference January 2024
 Measure percent
 Data availability September 2017 - January 2024
 Average 12.45
 Min - Max 8.42 - 15.33
 Source Bank of Mongolia
For that indicator, we provide data for Mongolia from September 2017 to January 2024. The average value for Mongolia during that period was 12.45 percent with a minimum of 8.42 percent in March 2022 and a maximum of 15.33 percent in September 2017. Click on the following link to see the values of Bank deposit interest rate, percent around the world.
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* indicates monthly or quarterly data series


Recent values chart
Mongolia - Deposit interest rate - recent values

Historical chart
Mongolia - Deposit interest rate - historical chart - 2017-2024
Measure: percent
Source: Bank of Mongolia


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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.

 Related indicators Latest value Reference Measure
 Inflation 15.1 2022 percent
 Exchange rate regimes 6 2021 index points
 Money supply (broad money) 33,210.80 9/2023 billion
 Consumer Price Index (CPI) 170.4573 9/2023 index points
 Inflation, monthly -0.20 9/2023 percent
 Inflation, annual 10.34 9/2023 percent
 Private sector credit 22,469.18 9/2023 billion
 Business credit 8,077.04 9/2023 billion
 Household credit 14,392.14 9/2023 billion
 Deposit interest rate 12.71 9/2023 percent
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