Mongolia M2 Growth

1997 - 2026 | Monthly | % | CEIC Data

Key information about Mongolia M2 Growth

  • Mongolia Money Supply M2 increased 21.3 % YoY in Mar 2026, compared with a growth of 17.0 % in the previous month
  • Mongolia Money Supply M2 growth data is updated monthly, available from Dec 1997 to Mar 2026
  • 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 5.3 USD bn in Jan 2026
  • The Foreign Exchange Reserves equaled 6.3 Months of Import in Jan 2026
  • Mongolia Domestic Credit reached 12.1 USD bn in Mar 2026, representing an increased of 14.8 % YoY
  • The country's Non Performing Loans Ratio stood at 5.1 % in Mar 2026, compared with the ratio of 5.2 % in the previous month
  • Household Debt of Mongolia reached 7.6 USD bn in Mar 2026, accounting for 28.9 % of the country's Nominal GDP

View Mongolia's M2 Growth from Dec 1997 to Mar 2026 in the chart:

Mongolia M2 Growth

What was Mongolia's M2 Growth in Mar 2026?

Mongolia Money Supply M2 increased 21.3 % YoY in Mar 2026, compared with a growth of 17.0 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
21.3 Mar 2026 17.0 Feb 2026 -5.6 Dec 2008 69.2 Apr 2011 % monthly Dec 1997 - Mar 2026

M2 Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 12.5 Mar 2026 monthly Dec 1994 - Mar 2026
Algeria (%) 9.0 Dec 2024 monthly Jan 2002 - Dec 2024
Argentina (%) 33.6 Feb 2026 monthly Jan 1991 - Feb 2026
Armenia (%) 22.0 Dec 2025 monthly Jan 2003 - Dec 2025
Australia (%) 8.2 Mar 2026 monthly Mar 1966 - Mar 2026
Austria (%) 2.5 Mar 2026 monthly Sep 1998 - Mar 2026
Azerbaijan (%) 6.9 Oct 2025 monthly Dec 1996 - Oct 2025
Bahrain (%) 4.0 Mar 2026 monthly Dec 1975 - Mar 2026
Bangladesh (%) 10.5 Feb 2026 monthly Jun 1987 - Feb 2026
Belarus (%) 27.8 Apr 2026 monthly Dec 1990 - Apr 2026
Belgium (%) 2.4 Mar 2026 monthly Dec 1997 - Mar 2026
Bolivia (%) 15.5 Jan 2026 monthly Dec 1988 - Jan 2026
Bosnia and Herzegovina (%) 10.6 Mar 2026 monthly Aug 1998 - Mar 2026
Botswana (%) 2.9 Dec 2025 monthly Jan 2002 - Dec 2025
Brazil (%) 9.9 Mar 2026 monthly Jan 1971 - Mar 2026
Bulgaria (%) 19.3 Mar 2026 monthly Dec 1996 - Mar 2026
Cambodia (%) 6.1 Mar 2026 monthly Jan 1996 - Mar 2026
Canada (%) 3.7 Feb 2026 monthly Jan 1969 - Feb 2026
Chile (%) 4.5 Apr 2026 monthly Jan 1987 - Apr 2026
China (%) 8.6 Apr 2026 monthly Mar 1997 - Apr 2026
Colombia (%) 12.6 Mar 2026 monthly Dec 1980 - Mar 2026
Croatia (%) 6.6 Feb 2026 monthly Jun 1995 - Feb 2026
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 4.5 Mar 2026 monthly Jan 2003 - Mar 2026
Denmark (%) 2.5 Mar 2026 monthly Jan 1992 - Mar 2026
Ecuador (%) 11.9 Mar 2026 monthly Dec 2007 - Mar 2026
Egypt (%) 20.0 Mar 2026 monthly Jan 1997 - Mar 2026
Estonia (%) 4.9 Mar 2026 monthly Jan 2012 - Mar 2026
European Union (%) 4.0 Mar 2026 monthly Jan 1981 - Mar 2026
Finland (%) 1.4 Mar 2026 monthly Jan 1981 - Mar 2026
France (%) 0.9 Mar 2026 monthly Dec 1978 - Mar 2026
Georgia (%) 26.4 Mar 2026 monthly Oct 1996 - Mar 2026
Germany (%) 3.7 Mar 2026 monthly Jan 1970 - Mar 2026
Ghana (%) 26.9 Dec 2025 quarterly Mar 1991 - Dec 2025
Greece (%) 5.4 Mar 2026 monthly Jan 2002 - Mar 2026
Hong Kong SAR, China (%) 9.3 Mar 2026 monthly Dec 1981 - Mar 2026
Hungary (%) 8.0 Mar 2026 monthly Jan 1999 - Mar 2026
Iceland (%) 6.0 Mar 2026 monthly Sep 1987 - Mar 2026
India (%) 17.6 Feb 2026 monthly Mar 1995 - Feb 2026
Indonesia (%) 9.7 Mar 2026 monthly Feb 1969 - Mar 2026
Iran (%) 36.8 Sep 2025 monthly Dec 2000 - Sep 2025
Ireland (%) 5.5 Mar 2026 monthly Jan 2000 - Mar 2026
Israel (%) 7.5 Jan 2026 monthly Apr 1982 - Jan 2026
Italy (%) 2.6 Mar 2026 monthly Dec 1975 - Mar 2026
Ivory Coast (%) 25.7 Feb 2026 monthly Jan 2005 - Feb 2026
Japan (%) 2.4 Apr 2026 monthly Jan 1968 - Apr 2026
Jordan (%) 6.2 Mar 2026 monthly Jan 1991 - Mar 2026
Kazakhstan (%) 16.6 Mar 2026 monthly Dec 1994 - Mar 2026
Kenya (%) 13.2 Feb 2026 monthly Dec 1996 - Feb 2026
South Korea (%) 5.3 Mar 2026 monthly Jan 1971 - Mar 2026
Kosovo (%) 12.4 2024 yearly 2002 - 2024
Kuwait (%) 1.9 Mar 2026 monthly Jan 1995 - Mar 2026
Kyrgyzstan (%) 50.1 Jan 2026 monthly Jan 1995 - Jan 2026
Laos (%) 19.6 Mar 2026 quarterly Dec 2000 - Mar 2026
Latvia (%) 9.6 Mar 2026 monthly Jan 2015 - Mar 2026
Lebanon (%) -6.5 Feb 2026 monthly Dec 1980 - Feb 2026
Lithuania (%) 11.4 Mar 2026 monthly Dec 1994 - Mar 2026
Luxembourg (%) 4.7 Mar 2026 monthly Jan 2000 - Mar 2026
Macau SAR, China (%) 6.0 Mar 2026 monthly Jun 1985 - Mar 2026
North Macedonia (%) 11.9 Mar 2026 monthly Jan 2004 - Mar 2026
Malawi (%) 51.0 Sep 2025 monthly Jan 1976 - Sep 2025
Malaysia (%) 5.6 Mar 2026 monthly Dec 1970 - Mar 2026
Malta (%) 6.2 Mar 2026 monthly Jan 2009 - Mar 2026
Mauritius (%) 8.6 Mar 2026 monthly Jul 1977 - Mar 2026
Mexico (%) 6.4 Mar 2026 monthly Dec 1986 - Mar 2026
Moldova (%) 14.2 Mar 2026 monthly Jan 2001 - Mar 2026
Mongolia (%) 21.3 Mar 2026 monthly Dec 1997 - Mar 2026
Montenegro (%) 9.9 2024 yearly 2003 - 2024
Morocco (%) 11.0 Mar 2026 monthly Jan 1986 - Mar 2026
Mozambique (%) 7.5 Feb 2026 monthly Dec 2002 - Feb 2026
Myanmar (%) 32.1 Sep 2025 quarterly Dec 2002 - Sep 2025
Nepal (%) 14.5 Apr 2026 monthly Jan 2002 - Apr 2026
Netherlands (%) 6.8 Mar 2026 monthly Dec 1957 - Mar 2026
New Zealand (%) 5.6 Mar 2026 monthly Mar 1989 - Mar 2026
Nigeria (%) 11.2 Feb 2026 monthly Apr 1991 - Feb 2026
Norway (%) 7.4 Mar 2026 monthly Dec 1993 - Mar 2026
Oman (%) 6.1 Dec 2025 monthly Jan 2000 - Dec 2025
Pakistan (%) 17.2 Feb 2026 monthly Jan 1989 - Feb 2026
Palestinian Territory (%) 14.1 Mar 2026 monthly Jul 2003 - Mar 2026
Panama (%) 6.7 Feb 2026 monthly Dec 2003 - Feb 2026
Paraguay (%) 14.2 Mar 2026 monthly Dec 1989 - Mar 2026
Peru (%) 14.1 Mar 2026 monthly Jan 1993 - Mar 2026
Philippines (%) 11.2 Mar 2026 monthly Dec 1989 - Mar 2026
Poland (%) 11.3 Mar 2026 monthly Dec 1997 - Mar 2026
Portugal (%) 6.5 Mar 2026 monthly Dec 1980 - Mar 2026
Qatar (%) 5.5 Mar 2026 monthly Jan 1983 - Mar 2026
Romania (%) 7.3 Mar 2026 monthly Dec 2002 - Mar 2026
Russia (%) 11.8 Mar 2026 monthly Dec 1992 - Mar 2026
Saudi Arabia (%) 7.7 Mar 2026 monthly Jan 1994 - Mar 2026
Serbia (%) 9.3 Mar 2026 monthly Aug 2002 - Mar 2026
Singapore (%) 6.8 Mar 2026 monthly Mar 2005 - Mar 2026
Slovakia (%) 6.4 Mar 2026 monthly Dec 2001 - Mar 2026
Slovenia (%) 7.1 Mar 2026 monthly Jan 2008 - Mar 2026
South Africa (%) 8.8 Mar 2026 monthly Mar 1966 - Mar 2026
Spain (%) 5.6 Mar 2026 monthly Jan 1963 - Mar 2026
Sri Lanka (%) 12.3 Mar 2026 monthly Jan 1995 - Mar 2026
Sudan (%) 96.5 Feb 2026 monthly Dec 2004 - Feb 2026
Sweden (%) 3.9 Mar 2026 monthly Jan 1999 - Mar 2026
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 (%) -1.4 Dec 2025 quarterly Dec 2000 - Dec 2025
Consolidated Fiscal Balance (USD mn) -17.892 Apr 2026 monthly Jan 2000 - Apr 2026
Tax Revenue (USD mn) 531.416 Apr 2026 monthly Jan 2000 - Apr 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) 59,360.345 2031 yearly 1981 - 2031
Forecast: Government Net Debt (MNT bn) 95,761.750 2031 yearly 2006 - 2031
Forecast: Government Revenue (MNT bn) 53,731.112 2031 yearly 1981 - 2031
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 1,944,569.120 Apr 2026 monthly Dec 1999 - Apr 2026
General Government Balance: ytd (MNT mn) -1,424,550.130 Apr 2026 monthly Dec 1999 - Apr 2026
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 10,330,396.521 Apr 2026 monthly Dec 1999 - Apr 2026
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 270,910.392 Apr 2026 monthly Dec 1999 - Apr 2026
General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 1,586,518.100 Apr 2026 monthly Dec 1999 - Apr 2026
General Government Expenditure & NL: ytd: Net Lending (MNT mn) 41,581.249 Apr 2026 monthly Dec 1999 - Apr 2026
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 8,743,878.421 Apr 2026 monthly Dec 1999 - Apr 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
Trade Balance (USD mn) 735.3 Apr 2026 monthly Jan 1997 - Apr 2026
Total Exports (USD mn) 1,923.8 Apr 2026 monthly Jan 1997 - Apr 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) 1,188.5 Apr 2026 monthly Jan 1997 - Apr 2026
Total Imports Growth (%) 17.5 Apr 2026 monthly Jan 1998 - Apr 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) 24.340 Apr 2026 monthly Dec 1999 - Apr 2026
Total Imports from USA (USD mn) 59.706 Apr 2026 monthly Dec 1999 - Apr 2026
Total Exports to China (USD mn) 1,838.210 Apr 2026 monthly Dec 1999 - Apr 2026
Total Imports from China (USD mn) 489.540 Apr 2026 monthly Dec 1999 - Apr 2026
Exports: Textiles and Textile Articles (USD th) 8,904.584 Apr 2026 monthly Dec 1999 - Apr 2026
Exports: Live Animals and Products of Animal Origin (USD th) 5,717.899 Apr 2026 monthly Dec 1999 - Apr 2026
Exports: Mineral Products (USD th) 1,810,236.960 Apr 2026 monthly Dec 1999 - Apr 2026
Exports: Europe: European Union: ow United Kingdom (USD th) 378.691 Apr 2026 monthly Dec 1999 - Apr 2026
Exports: Asia: North Eastern: ow China (USD th) 1,840,333.316 Apr 2026 monthly Dec 1999 - Apr 2026
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 196,298.358 Apr 2026 monthly Dec 1999 - Apr 2026
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 260,847.214 Apr 2026 monthly Dec 1999 - Apr 2026
Imports: Mineral Products (USD th) 296,419.571 Apr 2026 monthly Dec 1999 - Apr 2026
Imports: Base Metals and Articles Thereof (USD th) 104,815.313 Apr 2026 monthly Dec 1999 - Apr 2026
Imports: Food Products (USD th) 85,460.944 Apr 2026 monthly Dec 1999 - Apr 2026
Imports: Asia: North Eastern: ow Japan (USD th) 103,887.272 Apr 2026 monthly Dec 1999 - Apr 2026
Imports: America: ow USA (USD th) 59,705.620 Apr 2026 monthly Dec 1999 - Apr 2026
Imports: Asia: North Eastern: ow China (USD th) 491,294.122 Apr 2026 monthly Dec 1999 - Apr 2026
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 44,561.549 Apr 2026 monthly Dec 1999 - Apr 2026
Imports: Europe: Others: ow Russian Federation (USD th) 335,227.360 Apr 2026 monthly Dec 1999 - Apr 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) 325.500 2023 yearly 1980 - 2023
Import Value Index (2015=100) 243.800 2023 yearly 1980 - 2023
Export Volume Index (2015=100) 216.500 2023 yearly 2000 - 2023
Import Volume Index (2015=100) 178.900 2023 yearly 2000 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 9.8 Mar 2026 monthly Jan 2009 - Mar 2026
Current Account Balance (USD mn) 92.1 Mar 2026 monthly Jan 2009 - Mar 2026
Current Account Balance: % of GDP (%) -0.6 Dec 2025 quarterly Mar 2000 - Dec 2025
Foreign Direct Investment (USD mn) 331.3 Mar 2026 monthly Jan 2009 - Mar 2026
Foreign Direct Investment: % of GDP (%) 11.1 Dec 2025 quarterly Mar 2000 - Dec 2025
Foreign Portfolio Investment (USD mn) 92.070 Mar 2026 quarterly Mar 1998 - Mar 2026
Foreign Portfolio Investment: % of GDP (%) 0.5 Dec 2025 quarterly Mar 2000 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 7.4 Mar 2026 quarterly Mar 1998 - Mar 2026
Foreign Portfolio Investment: Debt Securities (USD mn) 84.706 Mar 2026 quarterly Mar 1998 - Mar 2026
External Debt (USD mn) 40,460.2 Dec 2025 quarterly Mar 2000 - Dec 2025
External Debt: % of GDP (%) 159.5 2025 yearly 1992 - 2025
External Debt: Short Term (USD mn) 2,606.0 Dec 2025 quarterly Mar 2000 - Dec 2025
External Debt: Short Term: % of GDP (%) 10.0 2025 yearly 1992 - 2025
Forecast: Current Account Balance (USD bn) -3.783 2031 yearly 1991 - 2031
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) 92.101 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: CA: Goods & Services: Goods (USD mn) 787.079 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: CA: Goods & Services: Services (USD mn) -305.904 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: CA: Primary Income (USD mn) -371.829 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: Financial Account (FA) (USD mn) -332.593 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: CA: Secondary Income (USD mn) -17.245 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: Capital Account (USD mn) 10.970 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: FA: Direct Investment (USD mn) -321.506 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: FA: Portfolio Investment (USD mn) 120.739 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: FA: OI: Liabilities (USD mn) -251.885 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: FA: Direct Investment: Liabilities (USD mn) 331.272 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: FA: Portfolio Investment: Liabilities (USD mn) -102.570 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: FA: Direct Investment: Asset (USD mn) 9.765 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: FA: Portfolio Investment: Asset (USD mn) 18.169 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: FA: OI: Asset (USD mn) -400.640 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: FA: Financial Derivatives (USD mn) 16.930 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: FA: Other Investment (OI) (USD mn) -148.755 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: FA: Financial Derivatives: Asset (USD mn) 1.569 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: FA: Financial Derivatives: Liabilities (USD mn) -15.360 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: Reserves: Assets (USD mn) 574.576 Mar 2026 monthly Jan 2009 - Mar 2026
BoP: Net Errors & Omissions (USD mn) 138.911 Mar 2026 monthly Jan 2009 - Mar 2026
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.1 Mar 2026 monthly Dec 1996 - Mar 2026
Household Debt: % of GDP (%) 28.9 Dec 2025 quarterly Mar 2004 - Dec 2025
Non-Performing Loans (USD mn) 649.289 Mar 2026 monthly Dec 1996 - Mar 2026
Money Supply M1 (USD mn) 3,098.595 Mar 2026 monthly Dec 1996 - Mar 2026
Money Supply M2 (USD mn) 13,845.807 Mar 2026 monthly Dec 1996 - Mar 2026
M2 Growth (%) 21.3 Mar 2026 monthly Dec 1997 - Mar 2026
Reserve Requirement Ratio (%) 14.0 Apr 2026 monthly Jan 2005 - Apr 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) 9,106.932 Mar 2026 monthly Jan 2000 - Mar 2026
Total Deposits Growth (%) 19.9 Mar 2026 monthly Jan 2001 - Mar 2026
Domestic Credit (USD mn) 12,112.1 Mar 2026 monthly Dec 1991 - Mar 2026
Domestic Credit Growth (%) 14.8 Mar 2026 monthly Dec 1992 - Mar 2026
Household Debt (USD mn) 7,620.2 Mar 2026 monthly Jan 2004 - Mar 2026
Total Loans (USD mn) 12,692.661 Mar 2026 monthly Dec 1996 - Mar 2026
Total Loans Growth (%) 16.56 Mar 2026 monthly Dec 1997 - Mar 2026
Private Debt: % of Nominal GDP (%) 47.99 Dec 2025 quarterly Dec 2010 - Dec 2025
International Reserves: Gross (USD mn) 7,327.070 Apr 2026 monthly Jan 2006 - Apr 2026
Money Supply: M2: M1 (MNT mn) 11,057,987.029 Mar 2026 monthly Dec 1990 - Mar 2026
Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 2,317,124.923 Mar 2026 monthly Dec 1996 - Mar 2026
Deposits: Corporate (MNT tn) 6.700 Mar 2026 monthly May 2018 - Mar 2026
Deposits: Individual (MNT tn) 25.800 Mar 2026 monthly May 2018 - Mar 2026
Deposits (MNT tn) 32.500 Mar 2026 monthly Jan 2000 - Mar 2026

More Indicators for Mongolia

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