Deposit Interest Rate in Mongolia remained unchanged at 6.70 percent in October from 6.70 percent in September of 2021. source: Bank of Mongolia

Deposit Interest Rate in Mongolia averaged 27.38 percent from 1986 until 2021, reaching an all time high of 400 percent in December of 1991 and a record low of 5.90 percent in April of 2021. 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 December of 2021.

Deposit Interest Rate in Mongolia is expected to be 6.70 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 7.70 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Mongolia


Related Last Previous Unit Reference
Interbank Rate 6.07 6.00 percent Oct/21
Banks Balance Sheet 39684106.19 39892007.09 MNT Million Sep/21
Deposit Interest Rate 6.70 6.70 percent Oct/21
Central Bank Balance Sheet 14733684.90 15317772.60 MNT Million Sep/21
Deposit Interest Rate in Mongolia
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.