Mongolia M2 Growth

1997 - 2025 | Monthly | % | CEIC Data

Key information about Mongolia M2 Growth

  • Mongolia Money Supply M2 increased 10.5 % YoY in Nov 2025, compared with a growth of 7.0 % in the previous month
  • Mongolia Money Supply M2 growth data is updated monthly, available from Dec 1997 to Nov 2025
  • The data reached an all-time high of 69.2 % in Apr 2011 and a record low of -5.6 % in Dec 2008

CEIC calculates M2 Growth Rate from monthly M2. The Bank of Mongolia provides M2 in local currency.


Further information about Mongolia M2 Growth

  • In the latest reports, Mongolia Foreign Exchange Reserves was measured at 5.8 USD bn in Dec 2025
  • The Foreign Exchange Reserves equaled 5.7 Months of Import in Nov 2025
  • Mongolia Domestic Credit reached 12.1 USD bn in Nov 2025, representing an increased of 26.8 % YoY
  • The country's Non Performing Loans Ratio stood at 5.4 % in Nov 2025, compared with the ratio of 5.3 % in the previous month
  • Household Debt of Mongolia reached 7.2 USD bn in Nov 2025, accounting for 29.7 % of the country's Nominal GDP

View Mongolia's M2 Growth from Dec 1997 to Nov 2025 in the chart:

Mongolia M2 Growth

What was Mongolia's M2 Growth in Nov 2025?

Mongolia Money Supply M2 increased 10.5 % YoY in Nov 2025, compared with a growth of 7.0 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
10.5 Nov 2025 7.0 Oct 2025 -5.6 Dec 2008 69.2 Apr 2011 % monthly Dec 1997 - Nov 2025

M2 Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 14.5 Nov 2025 monthly Dec 1994 - Nov 2025
Algeria (%) 9.0 Dec 2024 monthly Jan 2002 - Dec 2024
Argentina (%) 38.7 Nov 2025 monthly Jan 1991 - Nov 2025
Armenia (%) 22.1 Sep 2025 monthly Jan 2003 - Sep 2025
Australia (%) 7.1 Nov 2025 monthly Mar 1966 - Nov 2025
Austria (%) 1.3 Nov 2025 monthly Sep 1998 - Nov 2025
Azerbaijan (%) 6.9 Oct 2025 monthly Dec 1996 - Oct 2025
Bahrain (%) 1.7 Nov 2025 monthly Dec 1975 - Nov 2025
Bangladesh (%) 8.9 Nov 2025 monthly Jun 1987 - Nov 2025
Belarus (%) 25.1 Dec 2025 monthly Dec 1990 - Dec 2025
Belgium (%) 2.7 Nov 2025 monthly Dec 1997 - Nov 2025
Bolivia (%) 18.1 Sep 2025 monthly Dec 1988 - Sep 2025
Bosnia and Herzegovina (%) 9.7 Dec 2025 monthly Aug 1998 - Dec 2025
Botswana (%) -0.5 Sep 2025 monthly Jan 2002 - Sep 2025
Brazil (%) 11.6 Nov 2025 monthly Jan 1971 - Nov 2025
Bulgaria (%) 6.6 Dec 2025 monthly Dec 1996 - Dec 2025
Cambodia (%) 14.6 Nov 2025 monthly Jan 1996 - Nov 2025
Canada (%) 5.0 Nov 2025 monthly Jan 1969 - Nov 2025
Chile (%) 2.5 Dec 2025 monthly Jan 1987 - Dec 2025
China (%) 8.5 Dec 2025 monthly Mar 1997 - Dec 2025
Colombia (%) 11.0 Dec 2025 monthly Dec 1980 - Dec 2025
Croatia (%) 7.7 Nov 2025 monthly Jun 1995 - Nov 2025
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 2.7 Nov 2025 monthly Jan 2003 - Nov 2025
Denmark (%) 3.5 Dec 2025 monthly Jan 1992 - Dec 2025
Ecuador (%) 13.9 Nov 2025 monthly Dec 2007 - Nov 2025
Egypt (%) 22.1 Nov 2025 monthly Jan 1997 - Nov 2025
Estonia (%) 4.6 Dec 2025 monthly Jan 2012 - Dec 2025
European Union (%) 3.2 Nov 2025 monthly Jan 1981 - Nov 2025
Finland (%) 3.1 Nov 2025 monthly Jan 1981 - Nov 2025
France (%) 1.1 Nov 2025 monthly Dec 1978 - Nov 2025
Georgia (%) 25.5 Dec 2025 monthly Oct 1996 - Dec 2025
Germany (%) 3.5 Nov 2025 monthly Jan 1970 - Nov 2025
Ghana (%) 30.3 Jun 2025 quarterly Mar 1991 - Jun 2025
Greece (%) 3.6 Nov 2025 monthly Jan 2002 - Nov 2025
Hong Kong SAR, China (%) 11.2 Nov 2025 monthly Dec 1981 - Nov 2025
Hungary (%) 5.8 Nov 2025 monthly Jan 1999 - Nov 2025
Iceland (%) 5.0 Dec 2025 monthly Sep 1987 - Dec 2025
India (%) 12.4 Nov 2025 monthly Mar 1995 - Nov 2025
Indonesia (%) 9.6 Dec 2025 monthly Feb 1969 - Dec 2025
Iran (%) 32.4 Jun 2025 monthly Dec 2000 - Jun 2025
Ireland (%) 6.1 Nov 2025 monthly Jan 2000 - Nov 2025
Israel (%) 5.4 Oct 2025 monthly Apr 1982 - Oct 2025
Italy (%) 2.8 Nov 2025 monthly Dec 1975 - Nov 2025
Ivory Coast (%) 22.4 Oct 2025 monthly Jan 2005 - Oct 2025
Japan (%) 1.7 Dec 2025 monthly Jan 1968 - Dec 2025
Jordan (%) 5.7 Oct 2025 monthly Jan 1991 - Oct 2025
Kazakhstan (%) 16.7 Dec 2025 monthly Dec 1994 - Dec 2025
Kenya (%) 11.2 Oct 2025 monthly Dec 1996 - Oct 2025
South Korea (%) 4.8 Nov 2025 monthly Jan 1971 - Nov 2025
Kosovo (%) 12.4 2024 yearly 2002 - 2024
Kuwait (%) 3.6 Dec 2025 monthly Jan 1995 - Dec 2025
Kyrgyzstan (%) 57.7 Nov 2025 monthly Jan 1995 - Nov 2025
Laos (%) 19.1 Dec 2025 quarterly Dec 2000 - Dec 2025
Latvia (%) 7.6 Nov 2025 monthly Jan 2015 - Nov 2025
Lebanon (%) 33.9 Sep 2025 monthly Dec 1980 - Sep 2025
Lithuania (%) 6.2 Nov 2025 monthly Dec 1994 - Nov 2025
Luxembourg (%) 5.7 Nov 2025 monthly Jan 2000 - Nov 2025
Macau SAR, China (%) 6.8 Nov 2025 monthly Jun 1985 - Nov 2025
North Macedonia (%) 11.2 Dec 2025 monthly Jan 2004 - Dec 2025
Malawi (%) 51.0 Sep 2025 monthly Jan 1976 - Sep 2025
Malaysia (%) 3.9 Nov 2025 monthly Dec 1970 - Nov 2025
Malta (%) 3.9 Nov 2025 monthly Jan 2009 - Nov 2025
Mauritius (%) 8.9 Nov 2025 monthly Jul 1977 - Nov 2025
Mexico (%) 7.6 Nov 2025 monthly Dec 1986 - Nov 2025
Moldova (%) 14.6 Dec 2025 monthly Jan 2001 - Dec 2025
Mongolia (%) 10.5 Nov 2025 monthly Dec 1997 - Nov 2025
Montenegro (%) 9.9 2024 yearly 2003 - 2024
Morocco (%) 9.1 Oct 2025 monthly Jan 1986 - Oct 2025
Mozambique (%) 11.9 Oct 2025 monthly Dec 2002 - Oct 2025
Myanmar (%) 25.0 Jun 2025 quarterly Dec 2002 - Jun 2025
Nepal (%) 12.9 Dec 2025 monthly Jan 2002 - Dec 2025
Netherlands (%) 2.9 Nov 2025 monthly Dec 1957 - Nov 2025
New Zealand (%) 4.5 Nov 2025 monthly Mar 1989 - Nov 2025
Nigeria (%) 9.8 Dec 2025 monthly Apr 1991 - Dec 2025
Norway (%) 7.2 Dec 2025 monthly Dec 1993 - Dec 2025
Oman (%) 4.3 Sep 2025 monthly Jan 2000 - Sep 2025
Pakistan (%) 14.4 Nov 2025 monthly Jan 1989 - Nov 2025
Palestinian Territory (%) 15.8 Nov 2025 monthly Jul 2003 - Nov 2025
Panama (%) 8.4 Nov 2025 monthly Dec 2003 - Nov 2025
Paraguay (%) 11.6 Dec 2025 monthly Dec 1989 - Dec 2025
Peru (%) 5.3 Nov 2025 monthly Jan 1993 - Nov 2025
Philippines (%) 8.1 Nov 2025 monthly Dec 1989 - Nov 2025
Poland (%) 10.4 Dec 2025 monthly Dec 1997 - Dec 2025
Portugal (%) 6.0 Oct 2025 monthly Dec 1980 - Oct 2025
Qatar (%) 3.5 Dec 2025 monthly Jan 1983 - Dec 2025
Romania (%) 7.2 Dec 2025 monthly Dec 2002 - Dec 2025
Russia (%) 13.0 Oct 2025 monthly Dec 1992 - Oct 2025
Saudi Arabia (%) 6.6 Nov 2025 monthly Jan 1994 - Nov 2025
Serbia (%) 6.9 Dec 2025 monthly Aug 2002 - Dec 2025
Singapore (%) 6.1 Nov 2025 monthly Mar 2005 - Nov 2025
Slovakia (%) 4.7 Nov 2025 monthly Dec 2001 - Nov 2025
Slovenia (%) 6.5 Nov 2025 monthly Jan 2008 - Nov 2025
South Africa (%) 7.8 Nov 2025 monthly Mar 1966 - Nov 2025
Spain (%) 4.7 Nov 2025 monthly Jan 1963 - Nov 2025
Sri Lanka (%) 10.8 Sep 2025 monthly Jan 1995 - Sep 2025
Sudan (%) 82.3 Nov 2025 monthly Dec 2004 - Nov 2025
Sweden (%) 2.9 Dec 2025 monthly Jan 1999 - Dec 2025
Switzerland (%) 16.2 Oct 2025 monthly Dec 1985 - Oct 2025

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Mongolia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.2 Sep 2025 quarterly Dec 2000 - Sep 2025
Consolidated Fiscal Balance (USD mn) 152.759 Dec 2025 monthly Jan 2000 - Dec 2025
Tax Revenue (USD mn) 804.827 Dec 2025 monthly Jan 2000 - Dec 2025
Tax Revenue: % of GDP (%) 27.4 Sep 2025 quarterly Mar 2000 - Sep 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: Net Lending (MNT mn) 12,305.900 Dec 2025 monthly Dec 1999 - Dec 2025
General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 7,090,434.100 Dec 2025 monthly Dec 1999 - Dec 2025
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 24,186,464.300 Dec 2025 monthly Dec 1999 - Dec 2025
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 5,401,694.400 Nov 2025 monthly Dec 1999 - Nov 2025
General Government Balance: ytd (MNT mn) -1,231,538.700 Dec 2025 monthly Dec 1999 - Dec 2025
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 885,491.900 Nov 2025 monthly Dec 1999 - Nov 2025
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 2,154,886.548 Jan 2025 monthly Dec 1999 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
Trade Balance (USD mn) 857.9 Dec 2025 monthly Jan 1997 - Dec 2025
Total Exports (USD mn) 1,964.7 Dec 2025 monthly Jan 1997 - Dec 2025
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) 1,106.8 Dec 2025 monthly Jan 1997 - Dec 2025
Total Imports Growth (%) 8.0 Dec 2025 monthly Jan 1998 - Dec 2025
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) 1.370 Dec 2025 monthly Dec 1999 - Dec 2025
Total Imports from USA (USD mn) 38.003 Dec 2025 monthly Dec 1999 - Dec 2025
Total Exports to China (USD mn) 1,653.194 Dec 2025 monthly Dec 1999 - Dec 2025
Total Imports from China (USD mn) 413.103 Dec 2025 monthly Dec 1999 - Dec 2025
Exports: Textiles and Textile Articles (USD th) 46,676.165 Dec 2025 monthly Dec 1999 - Dec 2025
Exports: Mineral Products (USD th) 1,577,186.174 Dec 2025 monthly Dec 1999 - Dec 2025
Exports: Live Animals and Products of Animal Origin (USD th) 33,981.247 Dec 2025 monthly Dec 1999 - Dec 2025
Exports: Europe: European Union: ow United Kingdom (USD th) 4,536.709 Dec 2025 monthly Dec 1999 - Dec 2025
Exports: Asia: North Eastern: ow China (USD th) 1,656,417.486 Dec 2025 monthly Dec 1999 - Dec 2025
Imports: Mineral Products (USD th) 306,971.825 Dec 2025 monthly Dec 1999 - Dec 2025
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 244,800.445 Dec 2025 monthly Dec 1999 - Dec 2025
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 141,409.362 Dec 2025 monthly Dec 1999 - Dec 2025
Imports: Food Products (USD th) 80,704.446 Dec 2025 monthly Dec 1999 - Dec 2025
Imports: Base Metals and Articles Thereof (USD th) 76,949.771 Dec 2025 monthly Dec 1999 - Dec 2025
Imports: Asia: North Eastern: ow Japan (USD th) 53,491.408 Dec 2025 monthly Dec 1999 - Dec 2025
Imports: Asia: North Eastern: ow China (USD th) 415,099.974 Dec 2025 monthly Dec 1999 - Dec 2025
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 35,958.530 Dec 2025 monthly Dec 1999 - Dec 2025
Imports: Europe: Others: ow Russian Federation (USD th) 326,234.013 Dec 2025 monthly Dec 1999 - Dec 2025
Imports: America: ow USA (USD th) 38,003.094 Dec 2025 monthly Dec 1999 - Dec 2025
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
Import Value Index (2015=100) 180.345 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 109.807 2021 yearly 2000 - 2021
Import Volume Index (2015=100) 147.693 2021 yearly 2000 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1.7 Nov 2025 monthly Jan 2009 - Nov 2025
Current Account Balance (USD mn) 149.9 Oct 2025 monthly Jan 2009 - Oct 2025
Current Account Balance: % of GDP (%) 2.3 Sep 2025 quarterly Mar 2000 - Sep 2025
Foreign Direct Investment (USD mn) 187.1 Nov 2025 monthly Jan 2009 - Nov 2025
Foreign Direct Investment: % of GDP (%) 15.6 Sep 2025 quarterly Mar 2000 - Sep 2025
Foreign Portfolio Investment (USD mn) 93.512 Dec 2025 quarterly Mar 1998 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 10.7 Sep 2025 quarterly Mar 2000 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 41.1 Sep 2025 quarterly Mar 1998 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 94.087 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 (%) 157.9 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) -4.117 2030 yearly 1991 - 2030
Net International Investment Position (USD mn) -45,651.362 Sep 2025 quarterly Dec 2010 - Sep 2025
Balance of Payments (BoP): Current Account (CA) (USD mn) 238.846 Nov 2025 monthly Jan 2009 - Nov 2025
BoP: CA: Primary Income (USD mn) -198.969 Nov 2025 monthly Jan 2009 - Nov 2025
BoP: FA: Direct Investment: Liabilities (USD mn) 188.011 Oct 2025 monthly Jan 2009 - Oct 2025
BoP: Capital Account (USD mn) 20.452 Nov 2025 monthly Jan 2009 - Nov 2025
BoP: FA: Portfolio Investment: Asset (USD mn) 5.970 Oct 2025 monthly Jan 2009 - Oct 2025
BoP: FA: Portfolio Investment: Liabilities (USD mn) 6.396 Nov 2025 monthly Jan 2009 - Nov 2025
BoP: FA: Financial Derivatives: Liabilities (USD mn) 1.801 Nov 2025 monthly Jan 2009 - Nov 2025
BoP: FA: Portfolio Investment (USD mn) 29.758 Nov 2025 monthly Jan 2009 - Nov 2025
BoP: FA: OI: Asset (USD mn) 184.965 Oct 2025 monthly Jan 2009 - Oct 2025
BoP: FA: OI: Liabilities (USD mn) -89.554 Nov 2025 monthly Jan 2009 - Nov 2025
BoP: FA: Financial Derivatives: Asset (USD mn) -1.802 Nov 2025 monthly Jan 2009 - Nov 2025
BoP: Reserves: Assets (USD mn) -75.299 Nov 2025 monthly Jan 2009 - Nov 2025
BoP: CA: Goods & Services: Services (USD mn) -320.947 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: CA: Goods & Services: Goods (USD mn) -1.574 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: CA: Secondary Income (USD mn) -1.757 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Direct Investment (USD mn) -78.933 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: Financial Account (FA) (USD mn) 4.999 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Financial Derivatives (USD mn) 2.416 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Other Investment (OI) (USD mn) 107.590 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Direct Investment: Asset (USD mn) 15.874 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: Net Errors & Omissions (USD mn) -159.513 Jan 2025 monthly Jan 2009 - Jan 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.3 Oct 2025 monthly Dec 1996 - Oct 2025
Household Debt: % of GDP (%) 29.7 Sep 2025 quarterly Mar 2004 - Sep 2025
Non-Performing Loans (USD mn) 626.075 Dec 2025 monthly Dec 1996 - Dec 2025
Money Supply M1 (USD mn) 3,126.877 Nov 2025 monthly Dec 1996 - Nov 2025
Money Supply M2 (USD mn) 12,888.797 Nov 2025 monthly Dec 1996 - Nov 2025
M2 Growth (%) 10.5 Nov 2025 monthly Dec 1997 - Nov 2025
Reserve Requirement Ratio (%) 13.0 Nov 2025 monthly Jan 2005 - Nov 2025
Foreign Exchange Reserves (USD mn) 5,812.3 Dec 2025 monthly Dec 1992 - Dec 2025
Foreign Exchange Reserves: % of GDP (%) 19.853 Sep 2025 quarterly Dec 2010 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 5.3 Dec 2025 monthly Jan 1997 - Dec 2025
Gold Reserves (USD mn) 1,096.902 Dec 2025 monthly Dec 1980 - Dec 2025
Total Deposits (USD mn) 8,470.331 Nov 2025 monthly Jan 2000 - Nov 2025
Total Deposits Growth (%) 17.6 Nov 2025 monthly Jan 2001 - Nov 2025
Domestic Credit (USD mn) 11,918.7 Oct 2025 monthly Dec 1991 - Oct 2025
Domestic Credit Growth (%) 22.7 Oct 2025 monthly Dec 1992 - Oct 2025
Household Debt (USD mn) 7,299.2 Dec 2025 monthly Jan 2004 - Dec 2025
Total Loans (USD mn) 12,204.074 Oct 2025 monthly Dec 1996 - Oct 2025
Total Loans Growth (%) 18.88 Dec 2025 monthly Dec 1997 - Dec 2025
Private Debt: % of Nominal GDP (%) 49.12 Sep 2025 quarterly Dec 2010 - Sep 2025
International Reserves: Gross (USD mn) 7,005.270 Dec 2025 monthly Jan 2006 - Dec 2025
Money Supply: M2: M1 (MNT mn) 11,111,606.788 Nov 2025 monthly Dec 1990 - Nov 2025
Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 2,363,799.088 Nov 2025 monthly Dec 1996 - Nov 2025
Deposits (MNT tn) 30.100 Nov 2025 monthly Jan 2000 - Nov 2025
Deposits: Corporate (MNT tn) 5.400 Nov 2025 monthly May 2018 - Nov 2025
Deposits: Individual (MNT tn) 24.700 Nov 2025 monthly May 2018 - Nov 2025

More Indicators for Mongolia

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