Mongolia M2 Growth

1997 - 2024 | Monthly | % | CEIC Data

Key information about Mongolia M2 Growth

  • Mongolia Money Supply M2 increased 15.2 % YoY in Dec 2024, compared with a growth of 17.2 % in the previous month
  • Mongolia Money Supply M2 growth data is updated monthly, available from Dec 1997 to Dec 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 4.2 USD bn in Nov 2024
  • The Foreign Exchange Reserves equaled 4.3 Months of Import in Nov 2024
  • Mongolia Domestic Credit reached 10.3 USD bn in Dec 2024, representing an increased of 21.4 % YoY
  • The country's Non Performing Loans Ratio stood at 5.1 % in Dec 2024, compared with the ratio of 5.8 % in the previous month
  • Household Debt of Mongolia reached 6.3 USD bn in Nov 2024, accounting for 26.4 % of the country's Nominal GDP

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

Mongolia M2 Growth

What was Mongolia's M2 Growth in Dec 2024?

Mongolia Money Supply M2 increased 15.2 % YoY in Dec 2024, compared with a growth of 17.2 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
15.2 Dec 2024 17.2 Nov 2024 -5.6 Dec 2008 69.2 Apr 2011 % monthly Dec 1997 - Dec 2024

M2 Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 5.8 Nov 2024 monthly Dec 1994 - Nov 2024
Algeria (%) 4.0 Mar 2024 monthly Jan 2002 - Mar 2024
Argentina (%) 222.6 Nov 2024 monthly Jan 1991 - Nov 2024
Armenia (%) 16.9 Oct 2024 monthly Jan 2003 - Oct 2024
Australia (%) 5.5 Dec 2024 monthly Mar 1966 - Dec 2024
Austria (%) 2.9 Dec 2024 monthly Sep 1998 - Dec 2024
Azerbaijan (%) 19.7 May 2023 monthly Dec 1996 - May 2023
Bahrain (%) 2.2 Nov 2024 monthly Dec 1975 - Nov 2024
Bangladesh (%) 8.0 Nov 2024 monthly Jun 1987 - Nov 2024
Belarus (%) 28.6 Dec 2024 monthly Dec 1990 - Dec 2024
Belgium (%) 6.9 Dec 2024 monthly Dec 1997 - Dec 2024
Bolivia (%) 15.3 Jun 2024 monthly Dec 1988 - Jun 2024
Bosnia and Herzegovina (%) 9.3 Dec 2024 monthly Aug 1998 - Dec 2024
Botswana (%) 7.7 Nov 2024 monthly Jan 2002 - Nov 2024
Brazil (%) 11.6 Dec 2024 monthly Jan 1971 - Dec 2024
Bulgaria (%) 8.7 Dec 2024 monthly Dec 1996 - Dec 2024
Cambodia (%) 16.8 Nov 2024 monthly Jan 1996 - Nov 2024
Canada (%) 5.8 Nov 2024 monthly Jan 1969 - Nov 2024
Chile (%) 5.1 Jan 2025 monthly Jan 1987 - Jan 2025
China (%) 7.3 Dec 2024 monthly Mar 1997 - Dec 2024
Colombia (%) 8.6 Dec 2024 monthly Dec 1980 - Dec 2024
Croatia (%) 4.2 Dec 2024 monthly Jun 1995 - Dec 2024
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 7.7 Dec 2024 monthly Jan 2003 - Dec 2024
Denmark (%) 3.4 Aug 2017 monthly Jan 1996 - Aug 2017
Ecuador (%) 10.6 Nov 2024 monthly Dec 2007 - Nov 2024
Egypt (%) 31.1 Dec 2024 monthly Jan 1997 - Dec 2024
Estonia (%) 7.4 Dec 2024 monthly Jan 2012 - Dec 2024
European Union (%) 3.1 Dec 2024 monthly Jan 1981 - Dec 2024
Finland (%) -0.8 Dec 2024 monthly Jan 1981 - Dec 2024
France (%) 0.4 Dec 2024 monthly Dec 1978 - Dec 2024
Georgia (%) 10.4 Dec 2024 monthly Oct 1996 - Dec 2024
Germany (%) 3.9 Dec 2024 monthly Jan 1970 - Dec 2024
Ghana (%) 44.5 Sep 2024 quarterly Mar 1991 - Sep 2024
Greece (%) 2.5 Oct 2024 monthly Jan 2002 - Oct 2024
Hong Kong SAR, China (%) 7.3 Dec 2024 monthly Dec 1981 - Dec 2024
Hungary (%) 7.7 Dec 2024 monthly Jan 1999 - Dec 2024
Iceland (%) 12.9 Dec 2024 monthly Sep 1987 - Dec 2024
India (%) 7.9 Nov 2024 monthly Mar 1995 - Nov 2024
Indonesia (%) 4.4 Dec 2024 monthly Feb 1969 - Dec 2024
Iran (%) 26.8 Jun 2024 monthly Dec 2000 - Jun 2024
Ireland (%) 7.4 Dec 2024 monthly Jan 2000 - Dec 2024
Israel (%) 9.3 Oct 2024 monthly Apr 1982 - Oct 2024
Italy (%) 3.6 Nov 2024 monthly Dec 1975 - Nov 2024
Ivory Coast (%) 4.6 Jul 2024 monthly Jan 2005 - Jul 2024
Japan (%) 1.3 Dec 2024 monthly Jan 1968 - Dec 2024
Jordan (%) 6.1 Dec 2024 monthly Jan 1991 - Dec 2024
Kazakhstan (%) 19.7 Nov 2024 monthly Dec 1994 - Nov 2024
Kenya (%) 7.0 Nov 2024 monthly Dec 1996 - Nov 2024
South Korea (%) 6.2 Nov 2024 monthly Jan 1971 - Nov 2024
Kosovo (%) 11.3 2023 yearly 2002 - 2023
Kuwait (%) 4.3 Dec 2024 monthly Jan 1995 - Dec 2024
Kyrgyzstan (%) 31.5 Nov 2024 monthly Jan 1995 - Nov 2024
Laos (%) 23.3 Sep 2024 quarterly Dec 2000 - Sep 2024
Latvia (%) 6.7 Dec 2024 monthly Jan 2015 - Dec 2024
Lebanon (%) 7.4 Nov 2024 monthly Dec 1980 - Nov 2024
Lithuania (%) 11.8 Dec 2024 monthly Dec 1994 - Dec 2024
Luxembourg (%) 7.1 Dec 2024 monthly Jan 2000 - Dec 2024
Macau SAR, China (%) 8.0 Dec 2024 monthly Jun 1985 - Dec 2024
North Macedonia (%) 6.5 Nov 2024 monthly Jan 2004 - Nov 2024
Malawi (%) 36.0 Jun 2023 monthly Jan 1976 - Jun 2023
Malaysia (%) 3.7 Dec 2024 monthly Dec 1970 - Dec 2024
Malta (%) 5.6 Dec 2024 monthly Jan 2009 - Dec 2024
Mauritius (%) 13.4 Nov 2024 monthly Jul 1977 - Nov 2024
Mexico (%) 14.3 Dec 2024 monthly Dec 1986 - Dec 2024
Moldova (%) 14.6 Dec 2024 monthly Jan 2001 - Dec 2024
Mongolia (%) 15.2 Dec 2024 monthly Dec 1997 - Dec 2024
Montenegro (%) 12.0 2023 yearly 2003 - 2023
Morocco (%) 8.1 Dec 2024 monthly Jan 1986 - Dec 2024
Mozambique (%) 14.9 Nov 2024 monthly Dec 2002 - Nov 2024
Myanmar (%) 15.9 Mar 2024 quarterly Dec 2002 - Mar 2024
Nepal (%) 10.2 Jan 2025 monthly Jan 2002 - Jan 2025
Netherlands (%) 1.5 Dec 2024 monthly Dec 1957 - Dec 2024
New Zealand (%) 4.1 Dec 2024 monthly Mar 1989 - Dec 2024
Nigeria (%) 52.7 Nov 2024 monthly Nov 1993 - Nov 2024
Norway (%) 3.4 Dec 2024 monthly Dec 1993 - Dec 2024
Oman (%) 11.0 Nov 2024 monthly Jan 2000 - Nov 2024
Pakistan (%) 8.0 Dec 2024 monthly Jan 1989 - Dec 2024
Palestinian Territory (%) 7.1 Dec 2024 monthly Jul 2003 - Dec 2024
Panama (%) 8.4 Nov 2024 monthly Dec 2003 - Nov 2024
Paraguay (%) 12.0 Dec 2024 monthly Dec 1989 - Dec 2024
Peru (%) 11.6 Dec 2024 monthly Jan 1993 - Dec 2024
Philippines (%) 8.2 Nov 2024 monthly Dec 1989 - Nov 2024
Poland (%) 8.5 Nov 2024 monthly Dec 1997 - Nov 2024
Portugal (%) 6.7 Dec 2024 monthly Dec 1980 - Dec 2024
Qatar (%) -0.6 Dec 2024 monthly Jan 1983 - Dec 2024
Romania (%) 11.3 Dec 2024 monthly Dec 2002 - Dec 2024
Russia (%) 19.2 Dec 2024 monthly Dec 1992 - Dec 2024
Saudi Arabia (%) 9.7 Dec 2024 monthly Jan 1994 - Dec 2024
Serbia (%) 17.7 Dec 2024 monthly Aug 2002 - Dec 2024
Singapore (%) 6.7 Dec 2024 monthly Mar 2005 - Dec 2024
Slovakia (%) 5.4 Dec 2024 monthly Dec 2001 - Dec 2024
Slovenia (%) 1.3 Dec 2024 monthly Jan 2008 - Dec 2024
South Africa (%) 6.1 Dec 2024 monthly Mar 1966 - Dec 2024
Spain (%) 4.9 Dec 2024 monthly Jan 1963 - Dec 2024
Sri Lanka (%) 10.2 Dec 2024 monthly Jan 1995 - Dec 2024
Sudan (%) 43.9 Feb 2023 monthly Dec 2004 - Feb 2023
Sweden (%) 1.1 Dec 2024 monthly Jan 1999 - Dec 2024
Switzerland (%) -10.4 Jun 2023 monthly Dec 1985 - Jun 2023

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Mongolia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.1 Sep 2024 quarterly Dec 2000 - Sep 2024
Consolidated Fiscal Balance (USD mn) -628.684 Dec 2024 monthly Jan 2000 - Dec 2024
Tax Revenue (USD mn) 721.583 Dec 2024 monthly Jan 2000 - Dec 2024
Tax Revenue: % of GDP (%) 29.0 Sep 2024 quarterly Mar 2000 - Sep 2024
Government Debt: % of GDP (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
Forecast: Government Expenditure (MNT bn) 56,654.300 2029 yearly 1981 - 2029
Forecast: Government Net Debt (MNT bn) 73,520.949 2029 yearly 2006 - 2029
Forecast: Government Revenue (MNT bn) 53,969.915 2029 yearly 1981 - 2029
General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 7,924,167.600 Dec 2024 monthly Dec 1999 - Dec 2024
General Government Expenditure & NL: ytd: Net Lending (MNT mn) 374,394.900 Dec 2024 monthly Dec 1999 - Dec 2024
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 5,864,349.300 Dec 2024 monthly Dec 1999 - Dec 2024
General Government Balance: ytd (MNT mn) -776,199.100 Dec 2024 monthly Dec 1999 - Dec 2024
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 22,066,910.300 Dec 2024 monthly Dec 1999 - Dec 2024
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 1,098,197.500 Dec 2024 monthly Dec 1999 - Dec 2024
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 24,369,619.528 Nov 2024 monthly Dec 1999 - Nov 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
Trade Balance (USD mn) 159.3 Dec 2024 monthly Jan 1997 - Dec 2024
Total Exports (USD mn) 1,184.4 Dec 2024 monthly Jan 1997 - Dec 2024
Total Exports Growth (%) 48.0 Apr 2023 monthly Jan 1998 - Apr 2023
Aluminum: Exports (USD th) 14,124.169 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 104.261 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 4,949.388 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,025.1 Dec 2024 monthly Jan 1997 - Dec 2024
Total Imports Growth (%) 17.2 Dec 2024 monthly Jan 1998 - Dec 2024
Imports: Medicament (USD th) 149,447.781 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 98,630.694 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 1.239 Dec 2024 monthly Dec 1999 - Dec 2024
Total Imports from USA (USD mn) 58.878 Dec 2024 monthly Dec 1999 - Dec 2024
Total Exports to China (USD mn) 1,094.322 Dec 2024 monthly Dec 1999 - Dec 2024
Total Imports from China (USD mn) 383.672 Dec 2024 monthly Dec 1999 - Dec 2024
Exports: Live Animals and Products of Animal Origin (USD th) 17,462.446 Dec 2024 monthly Dec 1999 - Dec 2024
Exports: Textiles and Textile Articles (USD th) 15,103.405 Dec 2024 monthly Dec 1999 - Dec 2024
Exports: Mineral Products (USD th) 1,044,784.075 Dec 2024 monthly Dec 1999 - Dec 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) 959.147 Dec 2024 monthly Dec 1999 - Dec 2024
Exports: Asia: North Eastern: ow China (USD th) 1,094,610.483 Dec 2024 monthly Dec 1999 - Dec 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) 170,345.118 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Food Products (USD th) 79,897.146 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 265,316.173 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Mineral Products (USD th) 240,801.861 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Base Metals and Articles Thereof (USD th) 55,298.623 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: America: ow USA (USD th) 58,878.256 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Europe: Others: ow Russian Federation (USD th) 279,688.820 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Asia: North Eastern: ow China (USD th) 385,098.646 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Asia: North Eastern: ow Japan (USD th) 73,689.099 Dec 2024 monthly Dec 1999 - Dec 2024
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 39,562.233 Dec 2024 monthly Dec 1999 - Dec 2024
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) 8.6 Dec 2024 monthly Jan 2009 - Dec 2024
Current Account Balance (USD mn) -759.9 Dec 2024 monthly Jan 2009 - Dec 2024
Current Account Balance: % of GDP (%) -14.1 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Direct Investment (USD mn) 504.0 Dec 2024 monthly Jan 2009 - Dec 2024
Foreign Direct Investment: % of GDP (%) 9.7 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Portfolio Investment (USD mn) 857.589 Dec 2024 quarterly Mar 1998 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) 1.0 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -3.1 Dec 2024 quarterly Mar 1998 - Dec 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 860.696 Dec 2024 quarterly Mar 1998 - Dec 2024
External Debt (USD mn) 34,867.3 Jun 2024 quarterly Mar 2000 - Jun 2024
External Debt: % of GDP (%) 170.1 2023 yearly 1992 - 2023
External Debt: Short Term (USD mn) 1,888.9 Jun 2024 quarterly Mar 2000 - Jun 2024
External Debt: Short Term: % of GDP (%) 9.3 2023 yearly 1992 - 2023
Forecast: Current Account Balance (USD bn) -3.388 2029 yearly 1991 - 2029
Net International Investment Position (USD mn) -42,853.261 Sep 2024 quarterly Dec 2010 - Sep 2024
Balance of Payments (BoP): Current Account (CA) (USD mn) -759.943 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: CA: Goods & Services: Goods (USD mn) 16.388 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: CA: Secondary Income (USD mn) -1.943 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: Capital Account (USD mn) 28.568 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: CA: Primary Income (USD mn) -234.379 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: Financial Account (FA) (USD mn) -1,305.345 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Portfolio Investment: Liabilities (USD mn) 382.944 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Direct Investment: Liabilities (USD mn) 503.980 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Portfolio Investment (USD mn) -393.403 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Direct Investment (USD mn) -495.353 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: CA: Goods & Services: Services (USD mn) -540.009 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: OI: Asset (USD mn) -87.292 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Financial Derivatives: Asset (USD mn) 4.178 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Financial Derivatives: Liabilities (USD mn) 2.024 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Portfolio Investment: Asset (USD mn) -10.459 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: OI: Liabilities (USD mn) 331.451 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Other Investment (OI) (USD mn) -418.743 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Financial Derivatives (USD mn) 2.154 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: FA: Direct Investment: Asset (USD mn) 8.627 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: Net Errors & Omissions (USD mn) 10.692 Dec 2024 monthly Jan 2009 - Dec 2024
BoP: Reserves: Assets (USD mn) 584.662 Dec 2024 monthly Jan 2009 - Dec 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.1 Dec 2024 monthly Dec 1996 - Dec 2024
Household Debt: % of GDP (%) 26.4 Sep 2024 quarterly Mar 2004 - Sep 2024
Non-Performing Loans (USD mn) 547.776 Dec 2024 monthly Dec 1996 - Dec 2024
Money Supply M1 (USD mn) 3,416.896 Dec 2024 monthly Dec 1996 - Dec 2024
Money Supply M2 (USD mn) 12,669.044 Dec 2024 monthly Dec 1996 - Dec 2024
M2 Growth (%) 15.2 Dec 2024 monthly Dec 1997 - Dec 2024
Reserve Requirement Ratio (%) 11.0 Jan 2025 monthly Jan 2005 - Jan 2025
Foreign Exchange Reserves (USD mn) 4,233.3 Nov 2024 monthly Dec 1992 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 17.057 Sep 2024 quarterly Dec 2010 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 4.3 Nov 2024 monthly Jan 1997 - Nov 2024
Gold Reserves (USD mn) 633.572 Nov 2024 monthly Dec 1980 - Nov 2024
Total Deposits (USD mn) 7,864.439 Dec 2024 monthly Jan 2000 - Dec 2024
Total Deposits Growth (%) 21.7 Dec 2024 monthly Jan 2001 - Dec 2024
Domestic Credit (USD mn) 10,332.8 Dec 2024 monthly Dec 1992 - Dec 2024
Domestic Credit Growth (%) 21.4 Dec 2024 monthly Dec 1993 - Dec 2024
Household Debt (USD mn) 6,419.1 Dec 2024 monthly Jan 2004 - Dec 2024
Total Loans (USD mn) 10,831.840 Dec 2024 monthly Dec 1996 - Dec 2024
Total Loans Growth (%) 35.31 Dec 2024 monthly Dec 1997 - Dec 2024
Private Debt: % of Nominal GDP (%) 43.25 Sep 2024 quarterly Dec 2010 - Sep 2024
Money Supply: M2: M1 (MNT mn) 11,687,354.485 Dec 2024 monthly Dec 1990 - Dec 2024
International Reserves: Gross (USD mn) 4,964.960 Nov 2024 monthly Jan 2006 - Nov 2024
Deposits (MNT tn) 26.900 Dec 2024 monthly Jan 2000 - Dec 2024
Deposits: Corporate (MNT tn) 4.500 Dec 2024 monthly May 2018 - Dec 2024
Deposits: Individual (MNT tn) 22.400 Dec 2024 monthly May 2018 - Dec 2024
Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 1,873,645.763 Dec 2024 monthly Dec 1996 - Dec 2024

More Indicators for Mongolia

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