Mongolia Domestic Credit Growth

1992 - 2026 | Monthly | % | CEIC Data

Key information about Mongolia Domestic Credit Growth

  • Mongolia Domestic Credit increased 21.0 % YoY in Jan 2026, compared with an increase of 22.5 % YoY in the previous month
  • Mongolia Domestic Credit Growth YoY data is updated monthly
  • It averaged 46.6 %, available from Dec 1992 to Jan 2026
  • The data reached an all-time high of 9,688.9 % in Mar 1997 and a record low of -356.6 % in Dec 1995

CEIC calculates Domestic Credit Growth from monthly Domestic Credit. The Bank of Mongolia provides Domestic Credit n local currency. Net Domestic Credit is used.


Further information about Mongolia Domestic Credit Growth

  • In the latest reports, Mongolia Domestic Credit reached 12.3 USD bn in Jan 2026
  • Money Supply M2 in Mongolia increased to 13.1 USD bn YoY in Jan 2026
  • Mongolia Foreign Exchange Reserves was measured at 5.3 USD bn in Jan 2026
  • The Foreign Exchange Reserves equaled 6.3 Months of Import in Jan 2026
  • The country's Non Performing Loans Ratio stood at 5.2 % in Jan 2026, compared with the ratio of 5.1 % in the previous month
  • Household Debt of Mongolia reached 28.9 % in Dec 2025, accounting for 28.9 % of the country's Nominal GDP

View Mongolia's Domestic Credit Growth from Dec 1992 to Jan 2026 in the chart:

Mongolia Domestic Credit Growth

What was Mongolia's Domestic Credit Growth in Jan 2026?

Mongolia Domestic Credit increased 21.0 % YoY in Jan 2026, compared with an increase of 22.5 % YoY in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
21.0 Jan 2026 22.5 Dec 2025 -356.6 Dec 1995 9,688.9 Mar 1997 % monthly Dec 1992 - Jan 2026

Domestic Credit Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 8.1 Jan 2026 monthly Dec 2003 - Jan 2026
Algeria (%) 15.8 Dec 2025 monthly Dec 2002 - Dec 2025
Argentina (%) 59.0 Dec 2025 monthly Jan 1991 - Dec 2025
Armenia (%) 17.7 Dec 2025 monthly Dec 1994 - Dec 2025
Australia (%) 3.7 Dec 2025 monthly Dec 2002 - Dec 2025
Austria (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Azerbaijan (%) 21.0 Jan 2026 monthly Dec 2002 - Jan 2026
Bahrain (%) 10.3 Jan 2026 monthly Sep 1992 - Jan 2026
Bangladesh (%) 10.5 Jan 2026 monthly Jul 1988 - Jan 2026
Belarus (%) 12.0 Feb 2026 monthly Dec 2007 - Feb 2026
Belgium (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Bolivia (%) 10.5 Nov 2025 monthly Dec 2002 - Nov 2025
Bosnia and Herzegovina (%) 13.8 Jan 2026 monthly Aug 1998 - Jan 2026
Botswana (%) 9.6 Sep 2025 quarterly Dec 2005 - Sep 2025
Brazil (%) 10.9 Jan 2026 monthly Dec 2002 - Jan 2026
Brunei (%) 4.7 Dec 2024 monthly Jan 2000 - Dec 2024
Bulgaria (%) 12.8 Dec 2025 monthly Dec 1994 - Dec 2025
Cambodia (%) 5.6 Jan 2026 monthly Dec 1995 - Jan 2026
Canada (%) 4.6 Dec 2025 monthly Jan 1970 - Dec 2025
Chile (%) 3.7 Dec 2025 monthly Dec 1979 - Dec 2025
China (%) 7.9 Jan 2026 monthly Jun 2000 - Jan 2026
Colombia (%) 11.1 Nov 2025 monthly Dec 1992 - Nov 2025
Croatia (%) 5.9 Dec 2022 monthly Jun 1995 - Dec 2022
Cyprus (%) 2.2 Dec 2025 monthly Nov 2006 - Dec 2025
Czech Republic (%) 7.7 Jan 2026 monthly Jan 2003 - Jan 2026
Denmark (%) -11.6 May 2025 monthly Dec 2002 - May 2025
Ecuador (%) 8.5 Jan 2026 monthly Jan 2007 - Jan 2026
Egypt (%) 20.6 Jan 2026 monthly Jan 1997 - Jan 2026
Estonia (%) -100.0 May 2025 monthly Jun 1993 - May 2025
European Union (%) 0.5 May 2025 monthly Sep 1998 - May 2025
Finland (%) -100.0 May 2025 monthly Jan 2000 - May 2025
France (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Georgia (%) 10.7 Jan 2026 monthly Oct 1996 - Jan 2026
Germany (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Ghana (%) -9.1 May 2025 monthly Jan 1968 - May 2025
Greece (%) -100.0 May 2025 monthly Jan 2002 - May 2025
Hong Kong SAR, China (%) 3.6 Dec 2025 monthly Dec 1991 - Dec 2025
Hungary (%) 9.6 Jan 2026 monthly Jan 1999 - Jan 2026
Iceland (%) 7.8 Feb 2025 monthly Sep 1994 - Feb 2025
India (%) 12.8 Dec 2025 monthly Mar 2000 - Dec 2025
Indonesia (%) 11.2 Jan 2026 monthly Jan 2005 - Jan 2026
Iran (%) 26.8 Feb 2017 monthly Jan 1965 - Feb 2017
Ireland (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Israel (%) 12.1 Nov 2025 monthly Dec 2000 - Nov 2025
Italy (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Ivory Coast (%) 10.9 Nov 2025 monthly Jan 1965 - Nov 2025
Japan (%) -0.2 Dec 2025 monthly Apr 2004 - Dec 2025
Jordan (%) 3.0 Dec 2023 monthly Jan 2003 - Dec 2023
Kazakhstan (%) 14.7 Jan 2026 monthly Dec 2002 - Jan 2026
Kenya (%) 8.0 Jul 2025 monthly Dec 1996 - Jul 2025
South Korea (%) 5.0 Jan 2026 monthly Dec 2002 - Jan 2026
Kosovo (%) 15.6 Jan 2026 monthly Nov 2008 - Jan 2026
Kuwait (%) 16.2 Jan 2026 monthly Jan 1995 - Jan 2026
Kyrgyzstan (%) 67.4 Jan 2026 monthly Dec 2003 - Jan 2026
Laos (%) 12.2 Dec 2025 quarterly Dec 1992 - Dec 2025
Latvia (%) -100.0 May 2025 monthly Jul 2004 - May 2025
Lebanon (%) -32.7 Nov 2025 monthly Dec 1977 - Nov 2025
Lithuania (%) -100.0 May 2025 monthly Dec 1994 - May 2025
Luxembourg (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Macau SAR, China (%) -26.3 Jan 2026 monthly Jun 1985 - Jan 2026
North Macedonia (%) 12.8 Jan 2026 monthly Jan 2004 - Jan 2026
Malawi (%) 51.0 Nov 2025 monthly Jan 1976 - Nov 2025
Malaysia (%) 4.9 Jan 2026 monthly Jan 1988 - Jan 2026
Malta (%) 7.9 Jan 2026 monthly Jan 2009 - Jan 2026
Mauritius (%) 9.0 Jan 2026 monthly Jun 2006 - Jan 2026
Mexico (%) 7.0 Dec 2025 monthly Dec 2002 - Dec 2025
Moldova (%) 18.6 Nov 2025 monthly Jan 2001 - Nov 2025
Mongolia (%) 21.0 Jan 2026 monthly Dec 1992 - Jan 2026
Montenegro (%) 10.5 Jan 2026 monthly Jan 2006 - Jan 2026
Morocco (%) 7.2 Jan 2026 monthly Dec 2002 - Jan 2026
Mozambique (%) 12.6 Aug 2025 monthly Dec 2002 - Aug 2025
Myanmar (%) 16.4 Jan 2021 monthly Dec 2002 - Jan 2021
Nepal (%) 4.1 Feb 2026 monthly Jan 2002 - Feb 2026
Netherlands (%) -100.0 May 2025 monthly Dec 2002 - May 2025
New Zealand (%) 4.3 Jan 2026 monthly Mar 1989 - Jan 2026
Nigeria (%) 6.9 Jan 2026 monthly Apr 1991 - Jan 2026
Norway (%) 4.1 Jan 2026 monthly Dec 1986 - Jan 2026
Oman (%) 10.0 Nov 2025 monthly Dec 2000 - Nov 2025
Pakistan (%) 11.7 Jan 2026 monthly Jun 2009 - Jan 2026
Palestinian Territory (%) 6.8 Jan 2026 monthly Dec 1999 - Jan 2026
Panama (%) 1.0 Dec 2025 monthly Dec 2002 - Dec 2025
Paraguay (%) 10.0 Dec 2025 monthly Dec 2002 - Dec 2025
Peru (%) 11.3 Jan 2026 monthly Jan 1993 - Jan 2026
Philippines (%) 10.0 Jan 2026 monthly Dec 2002 - Jan 2026
Poland (%) 11.9 Jan 2026 monthly Dec 1997 - Jan 2026
Portugal (%) 0.3 Aug 2019 monthly Dec 2001 - Aug 2019
Qatar (%) 6.5 Dec 2025 monthly Jan 2008 - Dec 2025
Romania (%) 8.3 Dec 2025 monthly Dec 2005 - Dec 2025
Russia (%) 14.1 May 2025 monthly Dec 2001 - May 2025
Saudi Arabia (%) 11.1 Dec 2025 quarterly Mar 1994 - Dec 2025
Serbia (%) 22.7 Jan 2026 monthly Dec 2004 - Jan 2026
Singapore (%) 4.7 Jan 2026 monthly Mar 2005 - Jan 2026
Slovakia (%) 2.2 May 2025 monthly Jan 2007 - May 2025
Slovenia (%) -86.1 May 2025 monthly Jan 2005 - May 2025
South Africa (%) 9.3 Jan 2026 monthly Mar 1966 - Jan 2026
Spain (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Sri Lanka (%) 11.4 Jan 2026 monthly Jan 1997 - Jan 2026
Sudan (%) 71.0 Sep 2025 quarterly Mar 2003 - Sep 2025
Sweden (%) -3.1 May 2025 monthly Dec 2002 - May 2025
Switzerland (%) 2.3 Jan 2026 monthly Dec 1988 - Jan 2026

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Mongolia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.4 Dec 2025 quarterly Dec 2000 - Dec 2025
Consolidated Fiscal Balance (USD mn) -82.716 Feb 2026 monthly Jan 2000 - Feb 2026
Tax Revenue (USD mn) 452.836 Feb 2026 monthly Jan 2000 - Feb 2026
Tax Revenue: % of GDP (%) 21.5 Dec 2025 quarterly Mar 2000 - Dec 2025
Government Debt: % of GDP (%) 38.6 Jun 2025 quarterly Dec 2017 - Jun 2025
Forecast: Government Expenditure (MNT bn) 58,083.013 2030 yearly 1981 - 2030
Forecast: Government Net Debt (MNT bn) 98,835.528 2030 yearly 2006 - 2030
Forecast: Government Revenue (MNT bn) 53,758.183 2030 yearly 1981 - 2030
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 2,136,661.021 Jan 2026 monthly Dec 1999 - Jan 2026
General Government Expenditure & NL: ytd: Net Lending (MNT mn) -6,186.761 Feb 2026 monthly Dec 1999 - Feb 2026
General Government Balance: ytd (MNT mn) -720,017.292 Feb 2026 monthly Dec 1999 - Feb 2026
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 804,380.201 Feb 2026 monthly Dec 1999 - Feb 2026
General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 575,871.636 Feb 2026 monthly Dec 1999 - Feb 2026
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 127,695.960 Feb 2026 monthly Dec 1999 - Feb 2026
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 4,118,119.597 Feb 2026 monthly Dec 1999 - Feb 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
Trade Balance (USD mn) 553.0 Feb 2026 monthly Jan 1997 - Feb 2026
Total Exports (USD mn) 1,285.9 Feb 2026 monthly Jan 1997 - Feb 2026
Total Exports Growth (%) 7.9 Oct 2025 monthly Jan 1998 - Oct 2025
Aluminum: Exports (USD th) 17,602.481 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 117.835 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 3,906.650 2024 yearly 1995 - 2024
Total Imports (USD mn) 732.9 Feb 2026 monthly Jan 1997 - Feb 2026
Total Imports Growth (%) -0.7 Feb 2026 monthly Jan 1998 - Feb 2026
Imports: Medicament (USD th) 194,649.356 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 151,307.381 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 1.246 Feb 2026 monthly Dec 1999 - Feb 2026
Total Imports from USA (USD mn) 24.151 Feb 2026 monthly Dec 1999 - Feb 2026
Total Exports to China (USD mn) 1,224.355 Feb 2026 monthly Dec 1999 - Feb 2026
Total Imports from China (USD mn) 234.530 Feb 2026 monthly Dec 1999 - Feb 2026
Exports: Live Animals and Products of Animal Origin (USD th) 4,274.909 Feb 2026 monthly Dec 1999 - Feb 2026
Exports: Mineral Products (USD th) 1,210,342.235 Feb 2026 monthly Dec 1999 - Feb 2026
Exports: Textiles and Textile Articles (USD th) 4,640.032 Feb 2026 monthly Dec 1999 - Feb 2026
Exports: Europe: European Union: ow United Kingdom (USD th) 189.910 Feb 2026 monthly Dec 1999 - Feb 2026
Exports: Asia: North Eastern: ow China (USD th) 1,225,790.063 Feb 2026 monthly Dec 1999 - Feb 2026
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 130,749.789 Feb 2026 monthly Dec 1999 - Feb 2026
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 117,378.566 Feb 2026 monthly Dec 1999 - Feb 2026
Imports: Mineral Products (USD th) 217,172.815 Feb 2026 monthly Dec 1999 - Feb 2026
Imports: Food Products (USD th) 58,065.970 Feb 2026 monthly Dec 1999 - Feb 2026
Imports: Base Metals and Articles Thereof (USD th) 57,406.023 Feb 2026 monthly Dec 1999 - Feb 2026
Imports: Asia: North Eastern: ow China (USD th) 236,384.994 Feb 2026 monthly Dec 1999 - Feb 2026
Imports: America: ow USA (USD th) 24,150.941 Feb 2026 monthly Dec 1999 - Feb 2026
Imports: Asia: North Eastern: ow Japan (USD th) 74,390.387 Feb 2026 monthly Dec 1999 - Feb 2026
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 27,539.958 Feb 2026 monthly Dec 1999 - Feb 2026
Imports: Europe: Others: ow Russian Federation (USD th) 232,945.850 Feb 2026 monthly Dec 1999 - Feb 2026
Exports: Base Metals and Articles Thereof (USD th) 5,374.900 Mar 2019 monthly Dec 1999 - Mar 2019
Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
Export Value Index (2015=100) 198.040 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 109.807 2021 yearly 2000 - 2021
Import Value Index (2015=100) 180.345 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 147.693 2021 yearly 2000 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2.4 Jan 2026 monthly Jan 2009 - Jan 2026
Current Account Balance (USD mn) 444.8 Jan 2026 monthly Jan 2009 - Jan 2026
Current Account Balance: % of GDP (%) 9.4 Dec 2025 quarterly Mar 2000 - Dec 2025
Foreign Direct Investment (USD mn) 325.4 Jan 2026 monthly Jan 2009 - Jan 2026
Foreign Direct Investment: % of GDP (%) 2.2 Dec 2025 quarterly Mar 2000 - Dec 2025
Foreign Portfolio Investment (USD mn) 198.065 Dec 2025 quarterly Mar 1998 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 2.4 Dec 2025 quarterly Mar 2000 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -1.4 Dec 2025 quarterly Mar 1998 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 199.417 Dec 2025 quarterly Mar 1998 - Dec 2025
External Debt (USD mn) 40,439.3 Sep 2025 quarterly Mar 2000 - Sep 2025
External Debt: % of GDP (%) 156.5 2024 yearly 1992 - 2024
External Debt: Short Term (USD mn) 2,640.4 Sep 2025 quarterly Mar 2000 - Sep 2025
External Debt: Short Term: % of GDP (%) 8.6 2024 yearly 1992 - 2024
Forecast: Current Account Balance (USD bn) -4.078 2030 yearly 1991 - 2030
Net International Investment Position (USD mn) -45,905.123 Dec 2025 quarterly Dec 2010 - Dec 2025
Balance of Payments (BoP): Current Account (CA) (USD mn) 444.784 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: CA: Goods & Services: Services (USD mn) -255.190 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: CA: Goods & Services: Goods (USD mn) 1,042.190 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Direct Investment (USD mn) -322.990 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: CA: Secondary Income (USD mn) 12.109 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Portfolio Investment (USD mn) 67.403 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: CA: Primary Income (USD mn) -354.326 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: Capital Account (USD mn) 2.384 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Portfolio Investment: Asset (USD mn) 35.848 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Financial Derivatives: Asset (USD mn) 1.246 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Portfolio Investment: Liabilities (USD mn) -31.555 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Financial Derivatives (USD mn) -6.042 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Other Investment (OI) (USD mn) 800.730 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: Reserves: Assets (USD mn) -489.213 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Direct Investment: Asset (USD mn) 2.366 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Financial Derivatives: Liabilities (USD mn) 7.288 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: OI: Asset (USD mn) 264.278 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: OI: Liabilities (USD mn) -536.452 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Direct Investment: Liabilities (USD mn) 325.356 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: Financial Account (FA) (USD mn) 539.101 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: Net Errors & Omissions (USD mn) -397.279 Jan 2026 monthly Jan 2009 - Jan 2026
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.2 Jan 2026 monthly Dec 1996 - Jan 2026
Household Debt: % of GDP (%) 28.9 Dec 2025 quarterly Mar 2004 - Dec 2025
Non-Performing Loans (USD mn) 642.281 Jan 2026 monthly Dec 1996 - Jan 2026
Money Supply M1 (USD mn) 3,117.665 Jan 2026 monthly Dec 1996 - Jan 2026
Money Supply M2 (USD mn) 13,123.515 Jan 2026 monthly Dec 1996 - Jan 2026
M2 Growth (%) 13.9 Jan 2026 monthly Dec 1997 - Jan 2026
Reserve Requirement Ratio (%) 14.0 Feb 2026 monthly Jan 2005 - Feb 2026
Foreign Exchange Reserves (USD mn) 5,330.6 Jan 2026 monthly Dec 1992 - Jan 2026
Foreign Exchange Reserves: % of GDP (%) 22.945 Dec 2025 quarterly Dec 2010 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 6.3 Jan 2026 monthly Jan 1997 - Jan 2026
Gold Reserves (USD mn) 1,310.238 Jan 2026 monthly Dec 1980 - Jan 2026
Total Deposits (USD mn) 8,866.243 Jan 2026 monthly Jan 2000 - Jan 2026
Total Deposits Growth (%) 17.6 Nov 2025 monthly Jan 2001 - Nov 2025
Domestic Credit (USD mn) 12,170.3 Dec 2025 monthly Dec 1991 - Dec 2025
Domestic Credit Growth (%) 21.0 Jan 2026 monthly Dec 1992 - Jan 2026
Household Debt (USD mn) 7,371.0 Jan 2026 monthly Jan 2004 - Jan 2026
Total Loans (USD mn) 12,401.237 Jan 2026 monthly Dec 1996 - Jan 2026
Total Loans Growth (%) 18.23 Jan 2026 monthly Dec 1997 - Jan 2026
Private Debt: % of Nominal GDP (%) 47.99 Dec 2025 quarterly Dec 2010 - Dec 2025
International Reserves: Gross (USD mn) 6,801.810 Feb 2026 monthly Jan 2006 - Feb 2026
Money Supply: M2: M1 (MNT mn) 11,226,982.066 Dec 2025 monthly Dec 1990 - Dec 2025
Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 2,289,142.334 Jan 2026 monthly Dec 1996 - Jan 2026
Deposits (MNT tn) 31.600 Jan 2026 monthly Jan 2000 - Jan 2026
Deposits: Corporate (MNT tn) 6.400 Dec 2025 monthly May 2018 - Dec 2025
Deposits: Individual (MNT tn) 25.300 Jan 2026 monthly May 2018 - Jan 2026

More Indicators for Mongolia

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