Mongolia: Domestic credit to the private sector

* indicates monthly or quarterly data series
 Mongolia

Domestic credit to the private sector, percent of GDP

 Latest value 45.79
 Year 2020
 Measure percent
 Data availability 1991 - 2020
 Average 29.87
 Min - Max 5.16 - 59.87
 Source The World Bank
For that indicator, we provide data for Mongolia from 1991 to 2020. The average value for Mongolia during that period was 29.87 percent with a minimum of 5.16 percent in 1997 and a maximum of 59.87 percent in 2013. The latest value from 2020 is 45.79 percent. For comparison, the world average in 2020 based on 151 countries is 61.27 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Mongolia - Domestic credit to the private sector - Recent values chart

Historical chart
Mongolia - Domestic credit to the private sector - historical chart - 1991-2020




Definition: Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.


 Related indicators Latest value Reference Measure
 ATMs per 100,000 adults 45.79 2021 ATMs per 100,000 adults
 Bank branches per 100,000 people 62.59 2020 bank branches
 Firms using credit to finance investment 47.90 2019 percent
 Small firms with bank credit 26.80 2019 percent
 Percent people with credit cards 6.96 2021 percent
 Percent people with debit cards 87.21 2021 percent
 Domestic credit to the private sector 45.79 2020 percent
 Bank credit to the private sector 40.86 2022 percent
 Liquid liabilities, percent of GDP 64.77 2021 percent
 Bank assets to GDP 52.77 2021 percent
 Financial system deposits, percent of GDP 62.61 2021 percent
 Bank credit to government 6.33 2020 percent
 Banking system concentration 85.14 2021 percent
 Foreign bank assets 7.00 2007 percent of total bank assets
 Percent people with bank accounts 98.17 2021 percent
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