Mongolia M2 Growth

1997 - 2024 | Monthly | % | CEIC Data

Key information about Mongolia M2 Growth

  • Mongolia Money Supply M2 increased 20.9 % YoY in Mar 2024, compared with a growth of 24.3 % in the previous month
  • Mongolia Money Supply M2 growth data is updated monthly, available from Dec 1997 to Mar 2024
  • 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 4.3 USD bn in Feb 2024
  • The Foreign Exchange Reserves equaled 6.5 Months of Import in Feb 2024
  • Mongolia Domestic Credit reached 8.4 USD bn in Feb 2024, representing an increased of 12.1 % YoY
  • 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 4.8 USD bn in Feb 2024, accounting for 22.3 % of the country's Nominal GDP

View Mongolia's M2 Growth from Dec 1997 to Mar 2024 in the chart:

Mongolia M2 Growth

What was Mongolia's M2 Growth in Mar 2024?

Mongolia Money Supply M2 increased 20.9 % YoY in Mar 2024, compared with a growth of 24.3 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
20.9 Mar 2024 24.3 Feb 2024 -5.6 Dec 2008 69.2 Apr 2011 % monthly Dec 1997 - Mar 2024

M2 Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 4.9 Mar 2024 monthly Dec 1994 - Mar 2024
Algeria (%) 14.5 Dec 2022 monthly Jan 2002 - Dec 2022
Argentina (%) 200.6 Feb 2024 monthly Jan 1991 - Feb 2024
Armenia (%) 20.8 Nov 2023 monthly Jan 2003 - Nov 2023
Australia (%) 4.8 Mar 2024 monthly Mar 1966 - Mar 2024
Austria (%) 0.3 Mar 2024 monthly Sep 1998 - Mar 2024
Azerbaijan (%) 19.7 May 2023 monthly Dec 1996 - May 2023
Bahrain (%) -0.5 Feb 2024 monthly Dec 1975 - Feb 2024
Bangladesh (%) 8.9 Mar 2024 monthly Jun 1987 - Mar 2024
Belarus (%) 31.8 Mar 2024 monthly Dec 1990 - Mar 2024
Belgium (%) -1.7 Mar 2024 monthly Dec 1997 - Mar 2024
Bolivia (%) 14.6 Feb 2024 monthly Dec 1988 - Feb 2024
Bosnia and Herzegovina (%) 9.3 Mar 2024 monthly Aug 1998 - Mar 2024
Botswana (%) 9.2 Dec 2023 monthly Jan 2002 - Dec 2023
Brazil (%) 14.6 Mar 2024 monthly Jan 1971 - Mar 2024
Bulgaria (%) 8.0 Mar 2024 monthly Dec 1996 - Mar 2024
Cambodia (%) 14.9 Feb 2024 monthly Jan 1996 - Feb 2024
Canada (%) 3.8 Feb 2024 monthly Jan 1969 - Feb 2024
Chile (%) 5.8 Apr 2024 monthly Jan 1987 - Apr 2024
China (%) 8.3 Mar 2024 monthly Mar 1997 - Mar 2024
Colombia (%) 6.9 Mar 2024 monthly Dec 1980 - Mar 2024
Croatia (%) 4.9 Mar 2024 monthly Jun 1995 - Mar 2024
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 7.7 Mar 2024 monthly Jan 2003 - Mar 2024
Denmark (%) 3.4 Aug 2017 monthly Jan 1996 - Aug 2017
Ecuador (%) 6.3 Feb 2024 monthly Dec 2007 - Feb 2024
Egypt (%) 25.4 Mar 2024 monthly Jan 1997 - Mar 2024
Estonia (%) 4.9 Mar 2024 monthly Jan 2012 - Mar 2024
European Union (%) -0.7 Feb 2024 monthly Jan 1981 - Feb 2024
Finland (%) -16.2 Mar 2024 monthly Jan 1981 - Mar 2024
France (%) -1.3 Mar 2024 monthly Dec 1978 - Mar 2024
Georgia (%) 28.4 Mar 2024 monthly Oct 1996 - Mar 2024
Germany (%) 0.3 Mar 2024 monthly Jan 1970 - Mar 2024
Ghana (%) 37.2 Dec 2023 quarterly Mar 1991 - Dec 2023
Greece (%) 0.9 Mar 2024 monthly Jan 2002 - Mar 2024
Hong Kong SAR, China (%) 3.4 Mar 2024 monthly Dec 1981 - Mar 2024
Hungary (%) 3.8 Mar 2024 monthly Jan 1999 - Mar 2024
Iceland (%) 10.6 Mar 2024 monthly Sep 1987 - Mar 2024
India (%) 6.5 Feb 2024 monthly Mar 1995 - Feb 2024
Indonesia (%) 7.2 Mar 2024 monthly Feb 1969 - Mar 2024
Iran (%) 27.5 Feb 2024 monthly Dec 2000 - Feb 2024
Ireland (%) 4.0 Mar 2024 monthly Jan 2000 - Mar 2024
Israel (%) -5.8 Nov 2023 monthly Apr 1982 - Nov 2023
Italy (%) -2.2 Jan 2024 monthly Dec 1975 - Jan 2024
Ivory Coast (%) 3.3 Feb 2024 monthly Jan 2005 - Feb 2024
Japan (%) 2.5 Mar 2024 monthly Jan 1968 - Mar 2024
Jordan (%) 3.6 Mar 2024 monthly Jan 1991 - Mar 2024
Kazakhstan (%) 15.7 Mar 2024 monthly Dec 1994 - Mar 2024
Kenya (%) 9.0 Feb 2024 monthly Dec 1996 - Feb 2024
South Korea (%) 4.4 Feb 2024 monthly Jan 1971 - Feb 2024
Kosovo (%) 11.7 2022 yearly 2002 - 2022
Kuwait (%) 1.2 Mar 2024 monthly Jan 1995 - Mar 2024
Kyrgyzstan (%) 17.0 Jan 2024 monthly Jan 1995 - Jan 2024
Laos (%) 33.3 Dec 2023 quarterly Dec 2000 - Dec 2023
Latvia (%) 3.2 Mar 2024 monthly Jan 2015 - Mar 2024
Lebanon (%) -5.5 Nov 2023 monthly Dec 1980 - Nov 2023
Lithuania (%) 3.3 Mar 2024 monthly Dec 1994 - Mar 2024
Luxembourg (%) -3.5 Mar 2024 monthly Jan 2000 - Mar 2024
Macau SAR, China (%) 2.6 Mar 2024 monthly Jun 1985 - Mar 2024
North Macedonia (%) 6.1 Mar 2024 monthly Jan 2004 - Mar 2024
Malawi (%) 36.0 Jun 2023 monthly Jan 1976 - Jun 2023
Malaysia (%) 6.1 Mar 2024 monthly Dec 1970 - Mar 2024
Malta (%) 3.9 Mar 2024 monthly Jan 2009 - Mar 2024
Mauritius (%) 6.6 Feb 2024 monthly Jul 1977 - Feb 2024
Mexico (%) 11.7 Mar 2024 monthly Dec 1986 - Mar 2024
Moldova (%) 17.2 Mar 2024 monthly Jan 2001 - Mar 2024
Mongolia (%) 20.9 Mar 2024 monthly Dec 1997 - Mar 2024
Montenegro (%) 22.9 2022 yearly 2003 - 2022
Morocco (%) 7.0 Mar 2024 monthly Jan 1986 - Mar 2024
Mozambique (%) 5.9 Mar 2024 monthly Dec 2002 - Mar 2024
Myanmar (%) 10.9 Jun 2023 quarterly Dec 2002 - Jun 2023
Nepal (%) 14.0 Mar 2024 monthly Jan 2002 - Mar 2024
Netherlands (%) -1.5 Mar 2024 monthly Dec 1957 - Mar 2024
New Zealand (%) 4.0 Mar 2024 monthly Mar 1989 - Mar 2024
Nigeria (%) 70.4 Mar 2024 monthly Nov 1993 - Mar 2024
Norway (%) -1.3 Mar 2024 monthly Dec 1993 - Mar 2024
Oman (%) 15.8 Feb 2024 monthly Jan 2000 - Feb 2024
Pakistan (%) 15.3 Feb 2024 monthly Jan 1989 - Feb 2024
Palestinian Territory (%) 5.5 Mar 2024 monthly Jul 2003 - Mar 2024
Panama (%) 3.9 Dec 2023 monthly Dec 2003 - Dec 2023
Paraguay (%) 13.3 Mar 2024 monthly Dec 1989 - Mar 2024
Peru (%) 5.2 Mar 2024 monthly Jan 1993 - Mar 2024
Philippines (%) 6.5 Jan 2024 monthly Dec 1989 - Jan 2024
Poland (%) 6.9 Mar 2024 monthly Dec 1997 - Mar 2024
Portugal (%) 4.2 Mar 2024 monthly Dec 1980 - Mar 2024
Qatar (%) 5.4 Mar 2024 monthly Jan 1983 - Mar 2024
Romania (%) 10.8 Mar 2024 monthly Dec 2002 - Mar 2024
Russia (%) 17.4 Mar 2024 monthly Dec 1992 - Mar 2024
Saudi Arabia (%) 9.6 Mar 2024 monthly Jan 1994 - Mar 2024
Serbia (%) 17.0 Mar 2024 monthly Aug 2002 - Mar 2024
Singapore (%) 2.6 Mar 2024 monthly Mar 2005 - Mar 2024
Slovakia (%) 3.7 Feb 2024 monthly Dec 2001 - Feb 2024
Slovenia (%) 4.3 Feb 2024 monthly Jan 2008 - Feb 2024
South Africa (%) 7.1 Mar 2024 monthly Mar 1966 - Mar 2024
Spain (%) 2.0 Mar 2024 monthly Jan 1963 - Mar 2024
Sri Lanka (%) 9.6 Feb 2024 monthly Jan 1995 - Feb 2024
Sudan (%) 43.9 Feb 2023 monthly Dec 2004 - Feb 2023
Sweden (%) -0.1 Mar 2024 monthly Jan 1999 - Mar 2024
Switzerland (%) -10.4 Jun 2023 monthly Dec 1985 - Jun 2023

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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 Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 1,286,124.097 Mar 2024 monthly Dec 1999 - Mar 2024
General Government Balance: ytd (MNT mn) 1,626,515.549 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 Expenditure & NL: ytd: Expenditure (MNT mn) 5,540,936.024 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 Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 842,905.354 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: Base Metals and Articles Thereof (USD th) 5,374.900 Mar 2019 monthly Dec 1999 - Mar 2019
Exports: Mineral Products (USD th) 1,210,978.435 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
Exports: Europe: European Union: ow United Kingdom (USD th) 297.539 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: Food Products (USD th) 51,158.533 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: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 162,525.812 Mar 2024 monthly Dec 1999 - Mar 2024
Imports: Mineral Products (USD th) 210,500.052 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 Japan (USD th) 80,725.539 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 China (USD th) 311,421.818 Mar 2024 monthly Dec 1999 - Mar 2024
Imports: America: ow USA (USD th) 32,904.400 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: 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: CA: Goods & Services: Goods (USD mn) 509.474 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 (USD mn) -173.930 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: Financial Derivatives: Liabilities (USD mn) 0.002 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: CA: Secondary Income (USD mn) 29.323 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: Portfolio Investment (USD mn) -58.339 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: OI: Liabilities (USD mn) -290.824 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: Direct Investment: Liabilities (USD mn) 178.383 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: Net Errors & Omissions (USD mn) -0.666 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: Portfolio Investment: Liabilities (USD mn) 54.015 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: OI: Asset (USD mn) -213.496 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: FA: Financial Derivatives (USD mn) 6.368 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: Reserves: Assets (USD mn) 334.490 Mar 2024 monthly Jan 2009 - Mar 2024
BoP: CA: Primary Income (USD mn) -174.740 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: Other Investment (OI) (USD mn) 77.329 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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