Deposit Interest Rate in Mongolia decreased to 11.10 percent in April from 12.70 percent in March of 2019. Deposit Interest Rate in Mongolia averaged 31.05 percent from 1986 until 2019, reaching an all time high of 400 percent in December of 1991 and a record low of 10.20 percent in September of 2011.

Deposit Interest Rate in Mongolia is expected to be 12.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Mongolia to stand at 12.00 in 12 months time. In the long-term, the Deposit Interest Rate in Mongolia is projected to trend around 10.00 percent in 2020, according to our econometric models.

Deposit Interest Rate in Mongolia
Forecast Data Chart
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Mongolia Money Last Previous Highest Lowest Unit
Interest Rate 11.00 11.00 15.00 6.40 percent [+]
Interbank Rate 11.05 11.11 15.96 5.96 percent [+]
Banks Balance Sheet 34254187.25 34700685.10 34700685.10 3295107.90 MNT Million [+]
Deposit Interest Rate 11.10 12.70 400.00 10.20 percent [+]
Money Supply M1 4104473.30 3796846.20 4104473.30 262113.50 MNT Million [+]
Money Supply M2 20229409.50 20300395.10 20300395.10 1145392.30 MNT Million [+]
Foreign Exchange Reserves 4101.40 3706.00 4125.80 326.00 USD Million [+]
Central Bank Balance Sheet 8765448.00 8577379.30 9277479.60 193448.70 MNT Million [+]

Deposit Interest Rate in Mongolia

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Mongolia. Deposit Interest Rate in Mongolia - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
11.10 12.70 400.00 10.20 1986 - 2019 percent Monthly

Country Last Previous
Argentina 58.59 Sep/19
Turkey 15.00 Sep/19
South Africa 7.15 Jun/19
Brazil 5.93 Jun/19
Russia 5.41 Jul/19
Indonesia 4.75 Aug/19
Mexico 3.73 Jun/19
Saudi Arabia 3.40 Sep/19
South Korea 1.90 Jun/19
Canada 1.81 Sep/19
Australia 1.45 Aug/19
United Kingdom 0.50 Aug/19
China 0.35 Aug/19
Singapore 0.20 Jun/19
Japan -0.29 Sep/19
Switzerland -0.36 Jul/19
Euro Area -0.50 Sep/19