Deposit Interest Rate in Mongolia

Deposit Interest Rate in Mongolia decreased to 12.96 percent in 2017 from 13.30 percent in 2016. Deposit Interest Rate in Mongolia averaged 96.84 percent from 1986 until 2017, reaching an all time high of 400 percent in 1991 and a record low of 10.47 percent in 2011.

Deposit Interest Rate in Mongolia is expected to be 18.64 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Mongolia is projected to trend around 55.21 percent in 2020, according to our econometric models.

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Mongolia Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	10.00	10.00	15.00	6.40	percent	[+]
Banks Balance Sheet	31033349.26	30181133.01	31033349.26	3295107.90	MNT Million	[+]
Deposit Interest Rate	12.96	13.30	400.00	10.47	percent	[+]
Money Supply M1	3444218.30	3423121.50	3444218.30	262113.50	MNT Million	[+]
Money Supply M2	18332537.60	17920219.40	18332537.60	1145392.30	MNT Million	[+]
Interbank Rate	10.03	9.98	15.96	5.96	percent	[+]
Foreign Exchange Reserves	2894.00	2854.10	4125.80	326.00	USD Million	[+]
Central Bank Balance Sheet	8577379.30	8368976.10	9277479.60	193448.70	MNT Million	[+]

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 December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	12.96	13.30	400.00	10.47	1986 - 2017	percent	Yearly

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Country	Last		Previous	Range
Turkey	22.50	Nov/18	22.5	398 : 1.5	%
Argentina	21.55	Dec/17	18.95	17236 : 3.01	%
Brazil	8.51	Dec/17	12.4	9394 : 7.81	%
South Africa	7.25	Dec/17	7.17	18.86 : 5.15	%
Indonesia	5.25	Nov/18	5	56 : 3	%
Russia	5.21	Sep/18	5.04	102 : 5	%
Saudi Arabia	3.13	Dec/18	3.13	9.04 : 0.5	%
Mexico	2.70	Dec/17	1.29	94.96 : 0.59	%
Australia	1.90	Nov/18	1.9	17.25 : 1.9	%
South Korea	1.67	Dec/17	1.56	19.5 : 1.56	%
United Kingdom	0.50	Sep/18	0.5	4.25 : 0	%
China	0.35	Nov/18	0.35	3.15 : 0.35	%
Japan	0.32	Dec/17	0.3	5.5 : 0.04	%
Singapore	0.14	Dec/17	0.19	10.71 : 0.14	%
Canada	0.10	Dec/17	0.1	15.96 : 0.05	%
Switzerland	-0.32	Oct/18	-0.32	9.75 : -0.34	%
Euro Area	-0.40	Oct/18	-0.4	3.75 : -0.4	%