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.