Deposit Interest Rate in Mongolia decreased to 8.40 percent in December from 10.20 percent in November of 2020. source: Bank of Mongolia
Deposit Interest Rate in Mongolia averaged 28.65 percent from 1986 until 2020, reaching an all time high of 400 percent in December of 1991 and a record low of 8.40 percent in December of 2020. This page includes a chart with historical data for Deposit Interest Rate in Mongolia. Deposit Interest Rate in Mongolia - values, historical data and charts - was last updated on March of 2021.
Deposit Interest Rate in Mongolia is expected to be 10.00 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 10.96 in 12 months time. In the long-term, the Deposit Interest Rate in Mongolia is projected to trend around 10.00 percent in 2022 and 11.00 percent in 2023, according to our econometric models.