The benchmark interest rate in Mongolia was last recorded at 11 percent. Interest Rate in Mongolia averaged 11.81 percent from 2007 until 2018, reaching an all time high of 15 percent in August of 2016 and a record low of 6.40 percent in July of 2007.
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 Interest Rate in Mongolia to stand at 10.00 in 12 months time. In the long-term, the Mongolia Interest Rate is projected to trend around 8.00 percent in 2020, according to our econometric models.