Mongolia Domestic Credit Growth

1993 - 2024 | Monthly | % | CEIC Data

Key information about Mongolia Domestic Credit Growth

  • Mongolia Domestic Credit increased 12.4 % YoY in Mar 2024, compared with an increase of 12.1 % YoY in the previous month
  • Mongolia Domestic Credit Growth YoY data is updated monthly
  • It averaged 20.2 %, available from Dec 1993 to Mar 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 Mar 2024
  • Money Supply M2 in Mongolia increased to 11.1 USD bn YoY in Mar 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 7.1 % in Mar 2024, compared with the ratio of 7.3 % 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 Mar 2024 in the chart:

Mongolia Domestic Credit Growth

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

Mongolia Domestic Credit increased 12.4 % YoY in Mar 2024, compared with an increase of 12.1 % YoY in the previous month See the table below for more data.

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

Domestic Credit Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 1.9 Mar 2024 monthly Dec 2003 - Mar 2024
Algeria (%) 4.3 Mar 2024 monthly Dec 2002 - Mar 2024
Argentina (%) 342.6 Jan 2024 monthly Jan 1991 - Jan 2024
Armenia (%) 17.0 Feb 2024 monthly Dec 1994 - Feb 2024
Australia (%) -0.5 Feb 2024 monthly Dec 2002 - Feb 2024
Austria (%) -2.0 Feb 2024 monthly Jan 2000 - Feb 2024
Azerbaijan (%) 9.9 Feb 2024 monthly Dec 2002 - Feb 2024
Bahrain (%) 2.2 Feb 2024 monthly Sep 1992 - Feb 2024
Bangladesh (%) 12.1 Mar 2024 monthly Jul 1988 - Mar 2024
Belarus (%) 15.4 Mar 2024 monthly Dec 2007 - Mar 2024
Belgium (%) 0.3 Feb 2024 monthly Jan 2000 - Feb 2024
Bolivia (%) 6.3 Oct 2023 monthly Dec 2002 - Oct 2023
Bosnia and Herzegovina (%) 10.8 Mar 2024 monthly Aug 1998 - Mar 2024
Botswana (%) 19.0 Dec 2023 quarterly Dec 2005 - Dec 2023
Brazil (%) 15.3 Mar 2024 monthly Dec 2002 - Mar 2024
Brunei (%) 34.6 Nov 2023 monthly Jan 2000 - Nov 2023
Bulgaria (%) 17.9 Mar 2024 monthly Dec 1994 - Mar 2024
Cambodia (%) 4.9 Feb 2024 monthly Dec 1995 - Feb 2024
Canada (%) 2.8 Feb 2024 monthly Jan 1970 - Feb 2024
Chile (%) 3.4 Feb 2024 monthly Dec 1979 - Feb 2024
China (%) 9.6 Mar 2024 monthly Jun 2000 - Mar 2024
Colombia (%) 4.6 Feb 2024 monthly Jan 1994 - Feb 2024
Croatia (%) 5.9 Dec 2022 monthly Jun 1995 - Dec 2022
Cyprus (%) -6.1 Jan 2024 monthly Nov 2006 - Jan 2024
Czech Republic (%) 7.6 Mar 2024 monthly Jan 2003 - Mar 2024
Denmark (%) -5.9 Feb 2024 monthly Dec 2002 - Feb 2024
Ecuador (%) 8.9 Mar 2024 monthly Jan 2007 - Mar 2024
Egypt (%) 31.5 Mar 2024 monthly Jan 1997 - Mar 2024
Estonia (%) 9.0 Feb 2024 monthly Jun 1993 - Feb 2024
European Union (%) -1.5 Feb 2024 monthly Sep 1998 - Feb 2024
Finland (%) -3.8 Feb 2024 monthly Jan 2000 - Feb 2024
France (%) 2.0 Feb 2024 monthly Jan 2000 - Feb 2024
Georgia (%) 20.1 Mar 2024 monthly Oct 1996 - Mar 2024
Germany (%) -3.0 Feb 2024 monthly Jan 2000 - Feb 2024
Ghana (%) -1.8 Feb 2024 monthly Jan 1968 - Feb 2024
Greece (%) 1.5 Feb 2024 monthly Jan 2002 - Feb 2024
Hong Kong SAR, China (%) -1.5 Jan 2024 monthly Dec 1991 - Jan 2024
Hungary (%) -0.7 Mar 2024 monthly Jan 1999 - Mar 2024
Iceland (%) 4.6 Mar 2024 monthly Sep 1994 - Mar 2024
India (%) 11.8 Feb 2024 monthly Mar 2000 - Feb 2024
Indonesia (%) 11.2 Mar 2024 monthly Jan 2005 - Mar 2024
Iran (%) 25.8 Feb 2017 monthly Jan 1965 - Feb 2017
Ireland (%) -3.3 Feb 2024 monthly Jan 2000 - Feb 2024
Israel (%) 7.5 Feb 2024 monthly Dec 2000 - Feb 2024
Italy (%) -5.2 Feb 2024 monthly Jan 2000 - Feb 2024
Ivory Coast (%) 12.5 Dec 2023 monthly Jan 1965 - Dec 2023
Japan (%) 4.2 Feb 2024 monthly Apr 2004 - Feb 2024
Jordan (%) 4.8 Nov 2023 monthly Jan 2003 - Nov 2023
Kazakhstan (%) 22.2 Mar 2024 monthly Dec 2002 - Mar 2024
Kenya (%) 11.0 Feb 2024 monthly Dec 1996 - Feb 2024
South Korea (%) 6.4 Mar 2024 monthly Dec 2002 - Mar 2024
Kosovo (%) 14.4 Mar 2024 monthly Nov 2008 - Mar 2024
Kuwait (%) -0.4 Mar 2024 monthly Jan 1995 - Mar 2024
Kyrgyzstan (%) 23.0 Mar 2024 monthly Dec 2003 - Mar 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 (%) -4.9 Feb 2024 monthly Dec 1994 - Feb 2024
Luxembourg (%) -6.1 Feb 2024 monthly Jan 2000 - Feb 2024
Macau SAR, China (%) 0.8 Feb 2024 monthly Jun 1985 - Feb 2024
North Macedonia (%) 13.8 Mar 2024 monthly Jan 2004 - Mar 2024
Malawi (%) 32.4 Jan 2024 monthly Jan 1976 - Jan 2024
Malaysia (%) 6.7 Mar 2024 monthly Jan 1988 - Mar 2024
Malta (%) 6.1 Mar 2024 monthly Jan 2009 - Mar 2024
Mauritius (%) 9.9 Mar 2024 monthly Jun 2006 - Mar 2024
Mexico (%) 12.5 Feb 2024 monthly Dec 2002 - Feb 2024
Moldova (%) 8.1 Feb 2024 monthly Jan 2001 - Feb 2024
Mongolia (%) 12.4 Mar 2024 monthly Dec 1993 - Mar 2024
Montenegro (%) -6.3 Mar 2024 monthly Jan 2006 - Mar 2024
Morocco (%) 4.9 Mar 2024 monthly Dec 2002 - Mar 2024
Mozambique (%) 4.6 Mar 2024 monthly Dec 2002 - Mar 2024
Myanmar (%) 16.4 Jan 2021 monthly Dec 2002 - Jan 2021
Nepal (%) 8.4 Mar 2024 monthly Jan 2002 - Mar 2024
Netherlands (%) -5.9 Feb 2024 monthly Dec 2002 - Feb 2024
New Zealand (%) 1.7 Mar 2024 monthly Mar 1989 - Mar 2024
Nigeria (%) 28.7 Mar 2024 monthly Nov 1993 - Mar 2024
Norway (%) 3.3 Mar 2024 monthly Dec 1986 - Mar 2024
Oman (%) 4.9 Feb 2024 monthly Dec 2000 - Feb 2024
Pakistan (%) 20.1 Mar 2024 monthly Jun 2009 - Mar 2024
Palestinian Territory (%) 5.2 Mar 2024 monthly Dec 1999 - Mar 2024
Panama (%) 5.0 Mar 2024 monthly Dec 2002 - Mar 2024
Paraguay (%) 8.4 Feb 2024 monthly Dec 2002 - Feb 2024
Peru (%) 10.4 Mar 2024 monthly Jan 1993 - Mar 2024
Philippines (%) 9.8 Jan 2024 monthly Dec 2002 - Jan 2024
Poland (%) 0.9 Mar 2024 monthly Dec 1997 - Mar 2024
Portugal (%) 0.3 Aug 2019 monthly Dec 2001 - Aug 2019
Qatar (%) 3.7 Mar 2024 monthly Jan 2008 - Mar 2024
Romania (%) 11.5 Feb 2024 monthly Dec 2005 - Feb 2024
Russia (%) 25.2 Mar 2024 monthly Dec 2001 - Mar 2024
Saudi Arabia (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Serbia (%) 0.7 Mar 2024 monthly Dec 2004 - Mar 2024
Singapore (%) -0.9 Mar 2024 monthly Mar 2005 - Mar 2024
Slovakia (%) 2.3 Jan 2024 monthly Jan 2007 - Jan 2024
Slovenia (%) -2.2 Jan 2024 monthly Jan 2005 - Jan 2024
South Africa (%) 7.0 Mar 2024 monthly Mar 1966 - Mar 2024
Spain (%) -3.9 Feb 2024 monthly Jan 2000 - Feb 2024
Sri Lanka (%) -97.5 Dec 2023 monthly Jan 1997 - Dec 2023
Sudan (%) 82.5 Dec 2022 quarterly Mar 2003 - Dec 2022
Sweden (%) -5.6 Feb 2024 monthly Dec 2002 - Feb 2024
Switzerland (%) 2.0 Mar 2024 monthly Dec 1988 - Mar 2024

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Mongolia Key Series

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Includes 216 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) 83.991 Mar 2024 monthly Jan 2000 - Mar 2024
Tax Revenue (USD mn) 495.702 Mar 2024 monthly Jan 2000 - Mar 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) 51,520.173 2029 yearly 1981 - 2029
Forecast: Government Net Debt (MNT bn) 78,578.792 2029 yearly 2006 - 2029
Forecast: Government Revenue (MNT bn) 50,059.008 2029 yearly 1981 - 2029
General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 842,905.354 Mar 2024 monthly Dec 1999 - Mar 2024
General Government Expenditure & NL: ytd: Net Lending (MNT mn) 154,404.325 Mar 2024 monthly Dec 1999 - Mar 2024
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 1,286,124.097 Mar 2024 monthly Dec 1999 - Mar 2024
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 5,540,936.024 Mar 2024 monthly Dec 1999 - Mar 2024
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 4,698,030.670 Mar 2024 monthly Dec 1999 - Mar 2024
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 280,318.122 Mar 2024 monthly Dec 1999 - Mar 2024
General Government Balance: ytd (MNT mn) 1,626,515.549 Mar 2024 monthly Dec 1999 - Mar 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
Trade Balance (USD mn) 657.2 Mar 2024 monthly Jan 1997 - Mar 2024
Total Exports (USD mn) 1,476.5 Mar 2024 monthly Jan 1997 - Mar 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) 819.4 Mar 2024 monthly Jan 1997 - Mar 2024
Total Imports Growth (%) 10.6 Mar 2024 monthly Jan 1998 - Mar 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) 0.436 Mar 2024 monthly Dec 1999 - Mar 2024
Total Imports from USA (USD mn) 32.904 Mar 2024 monthly Dec 1999 - Mar 2024
Total Exports to China (USD mn) 1,246.100 Mar 2024 monthly Dec 1999 - Mar 2024
Total Imports from China (USD mn) 309.947 Mar 2024 monthly Dec 1999 - Mar 2024
Exports: Live Animals and Products of Animal Origin (USD th) 10,363.589 Mar 2024 monthly Dec 1999 - Mar 2024
Exports: Textiles and Textile Articles (USD th) 8,609.552 Mar 2024 monthly Dec 1999 - Mar 2024
Exports: Mineral Products (USD th) 1,210,978.435 Mar 2024 monthly Dec 1999 - Mar 2024
Exports: Base Metals and Articles Thereof (USD th) 5,374.900 Mar 2019 monthly Dec 1999 - Mar 2019
Exports: Europe: European Union: ow United Kingdom (USD th) 297.539 Mar 2024 monthly Dec 1999 - Mar 2024
Exports: Asia: North Eastern: ow China (USD th) 1,252,483.156 Mar 2024 monthly Dec 1999 - Mar 2024
Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 162,525.812 Mar 2024 monthly Dec 1999 - Mar 2024
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 167,225.729 Mar 2024 monthly Dec 1999 - Mar 2024
Imports: Base Metals and Articles Thereof (USD th) 71,931.836 Mar 2024 monthly Dec 1999 - Mar 2024
Imports: Food Products (USD th) 51,158.533 Mar 2024 monthly Dec 1999 - Mar 2024
Imports: Mineral Products (USD th) 210,500.052 Mar 2024 monthly Dec 1999 - Mar 2024
Imports: America: ow USA (USD th) 32,904.400 Mar 2024 monthly Dec 1999 - Mar 2024
Imports: Asia: North Eastern: ow China (USD th) 311,421.818 Mar 2024 monthly Dec 1999 - Mar 2024
Imports: Europe: Others: ow Russian Federation (USD th) 227,585.548 Mar 2024 monthly Dec 1999 - Mar 2024
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 36,037.173 Mar 2024 monthly Dec 1999 - Mar 2024
Imports: Asia: North Eastern: ow Japan (USD th) 80,725.539 Mar 2024 monthly Dec 1999 - Mar 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 4.5 Mar 2024 monthly Jan 2009 - Mar 2024
Current Account Balance (USD mn) 173.0 Mar 2024 monthly Jan 2009 - Mar 2024
Current Account Balance: % of GDP (%) -4.7 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Direct Investment (USD mn) 178.4 Mar 2024 monthly Jan 2009 - Mar 2024
Foreign Direct Investment: % of GDP (%) 12.7 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment (USD mn) 63.670 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Portfolio Investment: % of GDP (%) -7.9 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 31.8 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 31.914 Mar 2024 quarterly Mar 1998 - Mar 2024
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) -2.274 2029 yearly 1991 - 2029
Net International Investment Position (USD mn) -41,750.030 Dec 2023 quarterly Dec 2010 - Dec 2023
Balance of Payments (BoP): Current Account (CA) (USD mn) 172.981 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: CA: Goods & Services: Goods (USD mn) 509.474 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: CA: Primary Income (USD mn) -174.740 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: CA: Secondary Income (USD mn) 29.323 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: CA: Goods & Services: Services (USD mn) -191.076 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: Capital Account (USD mn) 13.601 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: Financial Account (FA) (USD mn) -148.573 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: Direct Investment: Asset (USD mn) 4.453 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: Direct Investment: Liabilities (USD mn) 178.383 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: Direct Investment (USD mn) -173.930 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: Portfolio Investment (USD mn) -58.339 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: Portfolio Investment: Asset (USD mn) -4.325 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: Portfolio Investment: Liabilities (USD mn) 54.015 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: Financial Derivatives (USD mn) 6.368 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: Financial Derivatives: Asset (USD mn) 6.370 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: Financial Derivatives: Liabilities (USD mn) 0.002 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: Other Investment (OI) (USD mn) 77.329 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: OI: Asset (USD mn) -213.496 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: OI: Liabilities (USD mn) -290.824 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: Reserves: Assets (USD mn) 334.490 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: Net Errors & Omissions (USD mn) -0.666 Mar 2024 monthly Jan 2009 - Mar 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 7.1 Mar 2024 monthly Dec 1996 - Mar 2024
Household Debt: % of GDP (%) 22.3 Dec 2023 quarterly Mar 2004 - Dec 2023
Non-Performing Loans (USD mn) 609.648 Mar 2024 monthly Dec 1996 - Mar 2024
Money Supply M1 (USD mn) 2,899.730 Mar 2024 monthly Dec 1996 - Mar 2024
Money Supply M2 (USD mn) 11,078.291 Mar 2024 monthly Dec 1996 - Mar 2024
M2 Growth (%) 20.9 Mar 2024 monthly Dec 1997 - Mar 2024
Reserve Requirement Ratio (%) 8.0 Apr 2024 monthly Jan 2005 - Apr 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) 6,694.333 Mar 2024 monthly Jan 2000 - Mar 2024
Total Deposits Growth (%) 18.9 Mar 2024 monthly Jan 2001 - Mar 2024
Domestic Credit (USD mn) 8,435.1 Mar 2024 monthly Dec 1992 - Mar 2024
Domestic Credit Growth (%) 12.4 Mar 2024 monthly Dec 1993 - Mar 2024
Household Debt (USD mn) 5,021.1 Mar 2024 monthly Jan 2004 - Mar 2024
Total Loans (USD mn) 8,631.360 Mar 2024 monthly Dec 1996 - Mar 2024
Total Loans Growth (%) 25.43 Mar 2024 monthly Dec 1997 - Mar 2024
Private Debt: % of Nominal GDP (%) 38.96 Dec 2023 quarterly Dec 2010 - Dec 2023
Money Supply: M2: M1 (MNT mn) 9,789,459.411 Mar 2024 monthly Dec 1990 - Mar 2024
International Reserves: Gross (USD mn) 4,985.580 Apr 2024 monthly Jan 2006 - Apr 2024
Deposits (MNT tn) 22.600 Mar 2024 monthly Jan 2000 - Mar 2024
Deposits: Corporate (MNT tn) 3.900 Mar 2024 monthly May 2018 - Mar 2024
Deposits: Individual (MNT tn) 18.800 Mar 2024 monthly May 2018 - Mar 2024
Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 2,058,166.497 Mar 2024 monthly Dec 1996 - Mar 2024

More Indicators for Mongolia

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