Mongolia Domestic Credit Growth

1993 - 2024 | Monthly | % | CEIC Data

Key information about Mongolia Domestic Credit Growth

  • Mongolia Domestic Credit increased 12.1 % YoY in Feb 2024, compared with an increase of 16.9 % YoY in the previous month
  • Mongolia Domestic Credit Growth YoY data is updated monthly
  • It averaged 20.3 %, available from Dec 1993 to Feb 2024
  • The data reached an all-time high of 10,054.8 % in Sep 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 8.4 USD bn in Feb 2024
  • Money Supply M2 in Mongolia increased to 11.1 USD bn YoY in Feb 2024
  • Mongolia Foreign Exchange Reserves was measured at 4.3 USD bn in Feb 2024
  • The Foreign Exchange Reserves equaled 6.5 Months of Import in Feb 2024
  • The country's Non Performing Loans Ratio stood at 7.3 % in Feb 2024, compared with the ratio of 7.4 % in the previous month
  • Household Debt of Mongolia reached 22.3 % in Dec 2023, accounting for 22.3 % of the country's Nominal GDP

View Mongolia's Domestic Credit Growth from Dec 1993 to Feb 2024 in the chart:

Mongolia Domestic Credit Growth

What was Mongolia's Domestic Credit Growth in Feb 2024?

Mongolia Domestic Credit increased 12.1 % YoY in Feb 2024, compared with an increase of 16.9 % YoY in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
12.1 Feb 2024 16.9 Jan 2024 -356.6 Dec 1995 10,054.8 Sep 1997 % monthly Dec 1993 - Feb 2024

Domestic Credit Growth by Country Comparison

Buy Selected Data

Includes Domestic Credit Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 2.3 Feb 2024 monthly Dec 2003 - Feb 2024
Algeria (%) 5.9 Jan 2024 monthly Dec 2002 - Jan 2024
Argentina (%) 342.6 Jan 2024 monthly Jan 1991 - Jan 2024
Armenia (%) 16.7 Jan 2024 monthly Dec 1994 - Jan 2024
Australia (%) -2.2 Jan 2024 monthly Dec 2002 - Jan 2024
Austria (%) -1.2 Jan 2024 monthly Jan 2000 - Jan 2024
Azerbaijan (%) 2.5 Jan 2024 monthly Dec 2002 - Jan 2024
Bahrain (%) 4.8 Jan 2024 monthly Sep 1992 - Jan 2024
Bangladesh (%) 12.1 Feb 2024 monthly Jul 1988 - Feb 2024
Belarus (%) 17.3 Feb 2024 monthly Dec 2007 - Feb 2024
Belgium (%) 0.8 Jan 2024 monthly Jan 2000 - Jan 2024
Bolivia (%) 6.3 Oct 2023 monthly Dec 2002 - Oct 2023
Bosnia and Herzegovina (%) 10.1 Feb 2024 monthly Aug 1998 - Feb 2024
Botswana (%) 8.6 Sep 2023 quarterly Dec 2005 - Sep 2023
Brazil (%) 14.6 Feb 2024 monthly Dec 2002 - Feb 2024
Brunei (%) 34.6 Nov 2023 monthly Jan 2000 - Nov 2023
Bulgaria (%) 18.1 Jan 2024 monthly Dec 1994 - Jan 2024
Cambodia (%) 4.9 Feb 2024 monthly Dec 1995 - Feb 2024
Canada (%) 2.5 Jan 2024 monthly Jan 1970 - Jan 2024
Chile (%) 4.4 Jan 2024 monthly Dec 1979 - Jan 2024
China (%) 10.4 Jan 2024 monthly Jun 2000 - Jan 2024
Colombia (%) 5.4 Jan 2024 monthly Jan 1994 - Jan 2024
Croatia (%) 5.9 Dec 2022 monthly Jun 1995 - Dec 2022
Cyprus (%) -6.1 Jan 2024 monthly Nov 2006 - Jan 2024
Czech Republic (%) 10.9 Feb 2024 monthly Jan 2003 - Feb 2024
Denmark (%) -3.6 Jan 2024 monthly Dec 2002 - Jan 2024
Ecuador (%) 9.4 Feb 2024 monthly Jan 2007 - Feb 2024
Egypt (%) 26.3 Feb 2024 monthly Jan 1997 - Feb 2024
Estonia (%) 8.9 Jan 2024 monthly Jun 1993 - Jan 2024
European Union (%) -0.9 Jan 2024 monthly Sep 1998 - Jan 2024
Finland (%) -3.8 Jan 2024 monthly Jan 2000 - Jan 2024
France (%) 1.6 Jan 2024 monthly Jan 2000 - Jan 2024
Georgia (%) 16.9 Feb 2024 monthly Oct 1996 - Feb 2024
Germany (%) -1.3 Jan 2024 monthly Jan 2000 - Jan 2024
Ghana (%) -0.4 Dec 2023 monthly Jan 1968 - Dec 2023
Greece (%) 2.6 Jan 2024 monthly Jan 2002 - Jan 2024
Hong Kong SAR, China (%) -0.3 Nov 2023 monthly Dec 1991 - Nov 2023
Hungary (%) -2.1 Feb 2024 monthly Jan 1999 - Feb 2024
Iceland (%) 3.6 Feb 2024 monthly Sep 1994 - Feb 2024
India (%) 12.0 Jan 2024 monthly Mar 2000 - Jan 2024
Indonesia (%) 8.4 Feb 2024 monthly Jan 2005 - Feb 2024
Iran (%) 25.8 Feb 2017 monthly Jan 1965 - Feb 2017
Ireland (%) -1.8 Jan 2024 monthly Jan 2000 - Jan 2024
Israel (%) 5.4 Jan 2024 monthly Dec 2000 - Jan 2024
Italy (%) -4.3 Jan 2024 monthly Jan 2000 - Jan 2024
Ivory Coast (%) 12.5 Dec 2023 monthly Jan 1965 - Dec 2023
Japan (%) 3.3 Jan 2024 monthly Apr 2004 - Jan 2024
Jordan (%) 4.8 Nov 2023 monthly Jan 2003 - Nov 2023
Kazakhstan (%) 23.1 Feb 2024 monthly Dec 2002 - Feb 2024
Kenya (%) 13.5 Oct 2023 monthly Dec 1996 - Oct 2023
South Korea (%) 4.9 Feb 2024 monthly Dec 2002 - Feb 2024
Kosovo (%) 12.9 Feb 2024 monthly Nov 2008 - Feb 2024
Kuwait (%) 0.2 Jan 2024 monthly Jan 1995 - Jan 2024
Kyrgyzstan (%) 26.2 Jan 2024 monthly Dec 2003 - Jan 2024
Laos (%) 23.4 Dec 2023 quarterly Dec 1992 - Dec 2023
Latvia (%) 6.6 Jan 2024 monthly Jul 2004 - Jan 2024
Lebanon (%) 2.2 Jan 2018 monthly Mar 1966 - Jan 2018
Lithuania (%) 0.3 Jan 2024 monthly Dec 1994 - Jan 2024
Luxembourg (%) -7.2 Jan 2024 monthly Jan 2000 - Jan 2024
Macau SAR, China (%) 0.8 Feb 2024 monthly Jun 1985 - Feb 2024
North Macedonia (%) 5.7 Feb 2024 monthly Jan 2004 - Feb 2024
Malawi (%) 32.4 Jan 2024 monthly Jan 1976 - Jan 2024
Malaysia (%) 6.8 Feb 2024 monthly Jan 1988 - Feb 2024
Malta (%) 5.9 Feb 2024 monthly Jan 2009 - Feb 2024
Mauritius (%) 9.3 Feb 2024 monthly Jun 2006 - Feb 2024
Mexico (%) 8.2 Jan 2024 monthly Dec 2002 - Jan 2024
Moldova (%) 8.1 Feb 2024 monthly Jan 2001 - Feb 2024
Mongolia (%) 12.1 Feb 2024 monthly Dec 1993 - Feb 2024
Montenegro (%) 7.7 Feb 2024 monthly Jan 2006 - Feb 2024
Morocco (%) 3.5 Feb 2024 monthly Dec 2002 - Feb 2024
Mozambique (%) 5.0 Jan 2024 monthly Dec 2002 - Jan 2024
Myanmar (%) 16.4 Jan 2021 monthly Dec 2002 - Jan 2021
Nepal (%) 8.4 Mar 2024 monthly Jan 2002 - Mar 2024
Netherlands (%) -3.2 Jan 2024 monthly Dec 2002 - Jan 2024
New Zealand (%) 0.8 Feb 2024 monthly Mar 1989 - Feb 2024
Nigeria (%) 63.6 Feb 2024 monthly Nov 1993 - Feb 2024
Norway (%) 3.5 Feb 2024 monthly Dec 1986 - Feb 2024
Oman (%) 2.9 Jan 2024 monthly Dec 2000 - Jan 2024
Pakistan (%) 20.4 Feb 2024 monthly Jun 2009 - Feb 2024
Palestinian Territory (%) 8.3 Feb 2024 monthly Dec 1999 - Feb 2024
Panama (%) 4.7 Feb 2024 monthly Dec 2002 - Feb 2024
Paraguay (%) 8.4 Feb 2024 monthly Dec 2002 - Feb 2024
Peru (%) 8.4 Nov 2023 monthly Jan 1993 - Nov 2023
Philippines (%) 9.8 Jan 2024 monthly Dec 2002 - Jan 2024
Poland (%) 3.1 Feb 2024 monthly Dec 1997 - Feb 2024
Portugal (%) 0.3 Aug 2019 monthly Dec 2001 - Aug 2019
Qatar (%) 3.7 Feb 2024 monthly Jan 2008 - Feb 2024
Romania (%) 11.5 Feb 2024 monthly Dec 2005 - Feb 2024
Russia (%) 24.6 Feb 2024 monthly Dec 2001 - Feb 2024
Saudi Arabia (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Serbia (%) -3.0 Feb 2024 monthly Dec 2004 - Feb 2024
Singapore (%) -1.1 Feb 2024 monthly Mar 2005 - Feb 2024
Slovakia (%) 2.3 Jan 2024 monthly Jan 2007 - Jan 2024
Slovenia (%) -2.2 Jan 2024 monthly Jan 2005 - Jan 2024
South Africa (%) 6.3 Feb 2024 monthly Mar 1966 - Feb 2024
Spain (%) -4.2 Jan 2024 monthly Jan 2000 - Jan 2024
Sri Lanka (%) -97.5 Dec 2023 monthly Jan 1997 - Dec 2023
Sudan (%) 82.5 Dec 2022 quarterly Mar 2003 - Dec 2022
Sweden (%) -4.5 Jan 2024 monthly Dec 2002 - Jan 2024
Switzerland (%) 1.7 Feb 2024 monthly Dec 1988 - Feb 2024

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Mongolia Key Series

Buy Selected Data

Includes 212 key indicators for Mongolia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 1.1 Dec 2023 quarterly Dec 2000 - Dec 2023
Consolidated Fiscal Balance (USD mn) 196.620 Feb 2024 monthly Jan 2000 - Feb 2024
Tax Revenue (USD mn) 582.910 Feb 2024 monthly Jan 2000 - Feb 2024
Tax Revenue: % of GDP (%) 19.8 Dec 2023 quarterly Mar 2000 - Dec 2023
Government Debt: % of GDP (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
Forecast: Government Expenditure (MNT bn) 42,528.460 2028 yearly 1981 - 2028
Forecast: Government Net Debt (MNT bn) 90,114.430 2028 yearly 2006 - 2028
Forecast: Government Revenue (MNT bn) 39,675.330 2028 yearly 1981 - 2028
General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 646,268.369 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Expenditure & NL: ytd: Net Lending (MNT mn) 34,495.933 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 859,511.784 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Balance: ytd (MNT mn) 1,342,943.738 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 3,078,412.654 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 3,724,681.023 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 200,874.250 Feb 2024 monthly Dec 1999 - Feb 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
Trade Balance (USD mn) 252.4 Feb 2024 monthly Jan 1997 - Feb 2024
Total Exports (USD mn) 913.0 Feb 2024 monthly Jan 1997 - Feb 2024
Total Exports Growth (%) 48.0 Apr 2023 monthly Jan 1998 - Apr 2023
Aluminum: Exports (USD th) 7,160.872 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 100.343 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 83.518 2022 yearly 1995 - 2022
Total Imports (USD mn) 660.6 Feb 2024 monthly Jan 1997 - Feb 2024
Total Imports Growth (%) 29.6 Feb 2024 monthly Jan 1998 - Feb 2024
Imports: Medicament (USD th) 140,968.073 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 71,770.506 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 0.307 Feb 2024 monthly Dec 1999 - Feb 2024
Total Imports from USA (USD mn) 22.150 Feb 2024 monthly Dec 1999 - Feb 2024
Total Exports to China (USD mn) 1,198.029 Jan 2024 monthly Dec 1999 - Jan 2024
Total Imports from China (USD mn) 184.224 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: Live Animals and Products of Animal Origin (USD th) 7,508.623 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: Textiles and Textile Articles (USD th) 7,249.815 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: Base Metals and Articles Thereof (USD th) 5,374.900 Mar 2019 monthly Dec 1999 - Mar 2019
Exports: Mineral Products (USD th) 875,134.166 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: Asia: North Eastern: ow China (USD th) 887,716.060 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: Europe: European Union: ow United Kingdom (USD th) 140.450 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
Imports: Mineral Products (USD th) 192,085.521 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Base Metals and Articles Thereof (USD th) 35,790.276 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Food Products (USD th) 49,016.319 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 122,056.008 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 132,229.588 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: America: ow USA (USD th) 22,149.732 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Asia: North Eastern: ow Japan (USD th) 73,506.240 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Asia: North Eastern: ow China (USD th) 184,794.549 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 29,531.059 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Europe: Others: ow Russian Federation (USD th) 210,974.018 Feb 2024 monthly Dec 1999 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 3.3 Feb 2024 monthly Jan 2009 - Feb 2024
Current Account Balance (USD mn) -144.7 Feb 2024 monthly Jan 2009 - Feb 2024
Current Account Balance: % of GDP (%) -4.9 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Direct Investment (USD mn) 267.1 Feb 2024 monthly Jan 2009 - Feb 2024
Foreign Direct Investment: % of GDP (%) 11.6 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment (USD mn) -509.520 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) -7.8 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -0.1 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -509.375 Dec 2023 quarterly Mar 1998 - Dec 2023
External Debt (USD mn) 34,569.8 Dec 2023 quarterly Mar 2000 - Dec 2023
External Debt: % of GDP (%) 174.0 2023 yearly 1992 - 2023
External Debt: Short Term (USD mn) 2,388.2 Dec 2023 quarterly Mar 2000 - Dec 2023
External Debt: Short Term: % of GDP (%) 11.7 2023 yearly 1992 - 2023
Forecast: Current Account Balance (USD bn) -1.770 2028 yearly 1991 - 2028
Net International Investment Position (USD mn) -41,852.420 Jun 2023 quarterly Dec 2010 - Jun 2023
Balance of Payments (BoP): Current Account (CA) (USD mn) -144.653 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: CA: Goods & Services: Goods (USD mn) 142.799 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: CA: Goods & Services: Services (USD mn) -270.867 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: Financial Account (FA) (USD mn) -310.619 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Direct Investment: Liabilities (USD mn) 267.118 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Direct Investment: Asset (USD mn) 3.286 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: Capital Account (USD mn) 10.392 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Financial Derivatives (USD mn) -2.255 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Portfolio Investment: Asset (USD mn) 27.697 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Financial Derivatives: Liabilities (USD mn) -0.026 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: CA: Primary Income (USD mn) -148.900 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Financial Derivatives: Asset (USD mn) -2.282 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Portfolio Investment: Liabilities (USD mn) -5.469 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: OI: Asset (USD mn) -80.085 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: Net Errors & Omissions (USD mn) -51.244 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: OI: Liabilities (USD mn) -2.388 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: Reserves: Assets (USD mn) 125.115 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Other Investment (OI) (USD mn) -77.698 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Direct Investment (USD mn) -263.832 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Portfolio Investment (USD mn) 33.165 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: CA: Secondary Income (USD mn) 132.315 Feb 2024 monthly Jan 2009 - Feb 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 7.3 Feb 2024 monthly Dec 1996 - Feb 2024
Household Debt: % of GDP (%) 22.3 Dec 2023 quarterly Mar 2004 - Dec 2023
Non-Performing Loans (USD mn) 604.265 Feb 2024 monthly Dec 1996 - Feb 2024
Money Supply M1 (USD mn) 2,800.237 Feb 2024 monthly Dec 1996 - Feb 2024
Money Supply M2 (USD mn) 11,119.003 Feb 2024 monthly Dec 1996 - Feb 2024
M2 Growth (%) 24.3 Feb 2024 monthly Dec 1997 - Feb 2024
Reserve Requirement Ratio (%) 8.0 Mar 2024 monthly Jan 2005 - Mar 2024
Foreign Exchange Reserves (USD mn) 4,293.4 Feb 2024 monthly Dec 1992 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 21.476 Dec 2023 quarterly Dec 2010 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 6.5 Feb 2024 monthly Jan 1997 - Feb 2024
Gold Reserves (USD mn) 569.051 Feb 2024 monthly Dec 1980 - Feb 2024
Total Deposits (USD mn) 6,653.085 Feb 2024 monthly Jan 2000 - Feb 2024
Total Deposits Growth (%) 20.3 Feb 2024 monthly Jan 2001 - Feb 2024
Domestic Credit (USD mn) 8,409.9 Feb 2024 monthly Dec 1992 - Feb 2024
Domestic Credit Growth (%) 12.1 Feb 2024 monthly Dec 1993 - Feb 2024
Household Debt (USD mn) 4,834.2 Feb 2024 monthly Jan 2004 - Feb 2024
Total Loans (USD mn) 8,292.988 Feb 2024 monthly Dec 1996 - Feb 2024
Total Loans Growth (%) 23.91 Feb 2024 monthly Dec 1997 - Feb 2024
Private Debt: % of Nominal GDP (%) 38.96 Dec 2023 quarterly Dec 2010 - Dec 2023
Money Supply: M2: M1 (MNT mn) 9,470,094.647 Feb 2024 monthly Dec 1990 - Feb 2024
International Reserves: Gross (USD mn) 5,249.820 Mar 2024 monthly Jan 2006 - Mar 2024
Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 2,043,556.267 Feb 2024 monthly Dec 1996 - Feb 2024

More Indicators for Mongolia

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data