Mongolia Policy Rate

2007 - 2024 | Monthly | % pa | Bank of Mongolia

Key information about Mongolia Policy Rate

  • Mongolia cash rate (Policy Rate: Month End) was set at 10.00 % pa in Nov 2024, compared with 10.00 % pa in the previous Oct 2024.
  • Mongolia Policy Rate averaged 11.00 % pa and is updated monthly, available from Jul 2007 to Nov 2024.
  • The data reached an all-time high of 15.00 % pa in Nov 2016 and a record low of 6.00 % pa in Dec 2021.
  • Mongolia Exchange Rate against USD averaged 3,438.26 (USD/MNT) in Jun 2023.
  • Its Real Effective Exchange Rate was 120.75 in Sep 2024.

View Mongolia's Policy Rate from Jul 2007 to Nov 2024 in the chart:

Mongolia Policy Rate

What was Mongolia's Policy Rate in Nov 2024?

Mongolia cash rate (Policy Rate: Month End) was set at 10.00 % pa in Nov 2024, compared with 10.00 % pa in the previous Oct 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
10.00 Nov 2024 10.00 Oct 2024 6.00 Dec 2021 15.00 Nov 2016 % pa monthly Jul 2007 - Nov 2024

Policy Rate by Country Comparison

country/region Last Frequency Range
Albania (% pa) 2.75 Nov 2024 monthly Jan 2000 - Nov 2024
Algeria (% pa) 3.00 Oct 2024 monthly Jan 1963 - Oct 2024
Argentina (%) 36.59 Nov 2024 monthly Aug 1985 - Nov 2024
Armenia (% pa) 7.25 Nov 2024 monthly May 2001 - Nov 2024
Australia (% pa) 4.35 Nov 2024 monthly Aug 1990 - Nov 2024
Austria (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Azerbaijan (% pa) 7.25 Oct 2024 monthly Jan 2005 - Oct 2024
Bahrain (% pa) 5.50 Nov 2024 monthly Jan 2007 - Nov 2024
Bangladesh (% pa) 10.00 Nov 2024 monthly Sep 2009 - Nov 2024
Belarus (% pa) 9.50 Oct 2024 monthly Jul 1991 - Oct 2024
Belgium (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Bolivia (% pa) 3.01 Nov 2024 monthly Jan 2013 - Nov 2024
Botswana (% pa) 3.75 Apr 2022 monthly Aug 1976 - Apr 2022
Brazil (% pa) 11.25 Nov 2024 monthly Mar 1999 - Nov 2024
Bulgaria (% pa) 3.04 Dec 2024 monthly Feb 1991 - Dec 2024
Canada (% pa) 3.75 Nov 2024 monthly Dec 1992 - Nov 2024
Chile (% pa) 5.25 Nov 2024 monthly May 1995 - Nov 2024
China (% pa) 2.65 Jun 2023 monthly Jan 2016 - Jun 2023
Colombia (% pa) 9.75 Nov 2024 monthly Apr 1995 - Nov 2024
Croatia (% pa) 3.00 Dec 2022 monthly Dec 1992 - Dec 2022
Cyprus (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Czech Republic (% pa) 3.00 Nov 2024 monthly Jan 1993 - Nov 2024
Denmark (% pa) 2.85 Nov 2024 monthly Aug 1914 - Nov 2024
Ecuador (% pa) 10.73 Nov 2024 monthly Jul 1995 - Nov 2024
Egypt (% pa) 27.75 Nov 2024 monthly Jan 1991 - Nov 2024
Estonia (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
European Union (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Finland (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
France (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Georgia (% pa) 8.00 Nov 2024 monthly Jan 2008 - Nov 2024
Germany (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Ghana (% pa) 29.50 May 2023 monthly Nov 2002 - May 2023
Greece (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Hong Kong SAR, China (% pa) 5.00 Nov 2024 monthly Jun 1992 - Nov 2024
Hungary (% pa) 6.50 Nov 2024 monthly Oct 1990 - Nov 2024
Iceland (% pa) 10.00 Nov 2024 monthly Jan 1994 - Nov 2024
India (% pa) 6.50 Nov 2024 monthly Apr 2001 - Nov 2024
Indonesia (% pa) 6.00 Nov 2024 monthly Jun 2015 - Nov 2024
Ireland (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Israel (% pa) 4.50 Nov 2024 monthly Dec 1998 - Nov 2024
Italy (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Ivory Coast (% pa) 2.50 Mar 2017 monthly Jan 1964 - Mar 2017
Japan (% pa) -0.10 Jun 2023 monthly Nov 2008 - Jun 2023
Jordan (% pa) 7.75 Nov 2024 monthly Dec 1965 - Nov 2024
Kazakhstan (% pa) 14.25 Nov 2024 monthly Feb 1992 - Nov 2024
Kenya (% pa) 12.00 Nov 2024 monthly Jul 2003 - Nov 2024
South Korea (% pa) 3.00 Nov 2024 monthly May 1999 - Nov 2024
Kosovo (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Kuwait (% pa) 4.00 Nov 2024 monthly Jul 1999 - Nov 2024
Kyrgyzstan (% pa) 9.00 Nov 2024 monthly Jan 1999 - Nov 2024
Laos (% pa) 7.50 May 2023 monthly Dec 1992 - May 2023
Latvia (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Lebanon (% pa) 10.00 Jan 2023 monthly Apr 1964 - Jan 2023
Lithuania (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Luxembourg (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Macau SAR, China (% pa) 5.00 Nov 2024 monthly Dec 1999 - Nov 2024
North Macedonia (% pa) 5.55 Dec 2024 monthly Jan 2002 - Dec 2024
Malawi (% pa) 26.00 Nov 2024 monthly Jan 1980 - Nov 2024
Malaysia (% pa) 3.00 Nov 2024 monthly Apr 2004 - Nov 2024
Malta (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Mauritius (% pa) 4.00 Nov 2024 monthly Dec 1999 - Nov 2024
Mexico (% pa) 10.25 Nov 2024 monthly Jan 2008 - Nov 2024
Moldova (% pa) 3.60 Nov 2024 monthly Feb 2001 - Nov 2024
Mongolia (% pa) 10.00 Nov 2024 monthly Jul 2007 - Nov 2024
Montenegro (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Morocco (% pa) 2.75 Nov 2024 monthly Jun 1995 - Nov 2024
Myanmar (% pa) 7.00 2024 yearly 1986 - 2024
Nepal (% pa) 6.50 Nov 2024 monthly Jul 2003 - Nov 2024
Netherlands (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
New Zealand (% pa) 5.50 May 2023 monthly Mar 1999 - May 2023
Nigeria (% pa) 27.25 Oct 2024 monthly Dec 2006 - Oct 2024
Norway (% pa) 4.50 Nov 2024 monthly Jan 1991 - Nov 2024
Oman (% pa) 5.25 Nov 2024 monthly May 2007 - Nov 2024
Pakistan (% pa) 16.00 Nov 2024 monthly Feb 1992 - Nov 2024
Paraguay (% pa) 6.00 Nov 2024 monthly Jul 2010 - Nov 2024
Peru (% pa) 5.00 Nov 2024 monthly Sep 2003 - Nov 2024
Philippines (% pa) 7.00 May 2024 monthly Jun 2016 - May 2024
Poland (% pa) 5.75 Nov 2024 monthly Jan 2005 - Nov 2024
Portugal (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Qatar (% pa) 5.40 Nov 2024 monthly Mar 2003 - Nov 2024
Romania (% pa) 6.50 Nov 2024 monthly Jan 2003 - Nov 2024
Russia (% pa) 21.00 Nov 2024 monthly Sep 2013 - Nov 2024
Saudi Arabia (% pa) 5.25 Nov 2024 monthly Jan 2000 - Nov 2024
Serbia (% pa) 5.75 Nov 2024 monthly Jan 2001 - Nov 2024
Singapore (% pa) 4.00 Jun 2023 monthly Jul 2005 - Jun 2023
Slovakia (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Slovenia (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
South Africa (% pa) 7.75 Nov 2024 monthly Nov 1999 - Nov 2024
Spain (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Sri Lanka (% pa) 8.25 Oct 2024 monthly Jan 1997 - Oct 2024
Sweden (% pa) 2.75 Dec 2024 monthly Jan 1987 - Dec 2024
Switzerland (% pa) 0.94 Nov 2024 monthly Jun 1999 - Nov 2024
Syria (% pa) 5.00 Nov 2024 monthly Jan 1962 - Nov 2024
Taiwan (% pa) 2.00 Nov 2024 monthly Jul 1961 - Nov 2024
Tajikistan (% pa) 9.00 Nov 2024 monthly Jun 1995 - Nov 2024
Thailand (% pa) 2.25 Nov 2024 monthly May 2000 - Nov 2024
Tunisia (% pa) 8.00 Nov 2024 monthly Jan 2000 - Nov 2024
Turkey (% pa) 50.00 Nov 2024 monthly Jun 1996 - Nov 2024
Ukraine (% pa) 13.00 Nov 2024 monthly Dec 1992 - Nov 2024
United Arab Emirates (% pa) 4.65 Nov 2024 monthly Nov 2007 - Nov 2024

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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) -44.052 Nov 2024 monthly Jan 2000 - Nov 2024
Tax Revenue (USD mn) 495.058 Nov 2024 monthly Jan 2000 - Nov 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: Net Lending (MNT mn) 334,797.320 Nov 2024 monthly Dec 1999 - Nov 2024
General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 5,178,968.689 Nov 2024 monthly Dec 1999 - Nov 2024
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 5,170,239.141 Nov 2024 monthly Dec 1999 - Nov 2024
General Government Balance: ytd (MNT mn) 1,372,659.990 Nov 2024 monthly Dec 1999 - Nov 2024
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 24,369,619.528 Nov 2024 monthly Dec 1999 - Nov 2024
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 1,010,380.321 Nov 2024 monthly Dec 1999 - Nov 2024
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 19,190,650.839 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) 407.3 Nov 2024 monthly Jan 1997 - Nov 2024
Total Exports (USD mn) 1,402.4 Nov 2024 monthly Jan 1997 - Nov 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) 995.2 Nov 2024 monthly Jan 1997 - Nov 2024
Total Imports Growth (%) 21.3 Nov 2024 monthly Jan 1998 - Nov 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) 1.691 Nov 2024 monthly Dec 1999 - Nov 2024
Total Imports from USA (USD mn) 38.612 Nov 2024 monthly Dec 1999 - Nov 2024
Total Exports to China (USD mn) 1,305.571 Nov 2024 monthly Dec 1999 - Nov 2024
Total Imports from China (USD mn) 433.624 Nov 2024 monthly Dec 1999 - Nov 2024
Exports: Live Animals and Products of Animal Origin (USD th) 28,741.043 Nov 2024 monthly Dec 1999 - Nov 2024
Exports: Textiles and Textile Articles (USD th) 13,512.690 Nov 2024 monthly Dec 1999 - Nov 2024
Exports: Mineral Products (USD th) 1,253,318.627 Nov 2024 monthly Dec 1999 - Nov 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) 278.983 Nov 2024 monthly Dec 1999 - Nov 2024
Exports: Asia: North Eastern: ow China (USD th) 1,307,073.022 Nov 2024 monthly Dec 1999 - Nov 2024
Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 254,171.327 Nov 2024 monthly Dec 1999 - Nov 2024
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 196,456.186 Nov 2024 monthly Dec 1999 - Nov 2024
Imports: Mineral Products (USD th) 182,124.284 Nov 2024 monthly Dec 1999 - Nov 2024
Imports: Base Metals and Articles Thereof (USD th) 71,319.579 Nov 2024 monthly Dec 1999 - Nov 2024
Imports: Food Products (USD th) 74,720.323 Nov 2024 monthly Dec 1999 - Nov 2024
Imports: America: ow USA (USD th) 38,611.879 Nov 2024 monthly Dec 1999 - Nov 2024
Imports: Asia: North Eastern: ow Japan (USD th) 100,838.095 Nov 2024 monthly Dec 1999 - Nov 2024
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 44,438.819 Nov 2024 monthly Dec 1999 - Nov 2024
Imports: Asia: North Eastern: ow China (USD th) 435,463.201 Nov 2024 monthly Dec 1999 - Nov 2024
Imports: Europe: Others: ow Russian Federation (USD th) 214,110.138 Nov 2024 monthly Dec 1999 - Nov 2024
Export Value Index (2015=100) 198.040 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
Import Value Index (2015=100) 180.345 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1.2 Sep 2024 monthly Jan 2009 - Sep 2024
Current Account Balance (USD mn) -524.3 Sep 2024 monthly Jan 2009 - Sep 2024
Current Account Balance: % of GDP (%) -14.1 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Direct Investment (USD mn) 177.5 Sep 2024 monthly Jan 2009 - Sep 2024
Foreign Direct Investment: % of GDP (%) 9.7 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Portfolio Investment (USD mn) 52.834 Sep 2024 quarterly Mar 1998 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 1.0 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 2.6 Sep 2024 quarterly Mar 1998 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 50.259 Sep 2024 quarterly Mar 1998 - Sep 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) -127.606 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: CA: Goods & Services: Goods (USD mn) 336.685 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: CA: Goods & Services: Services (USD mn) -248.232 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: CA: Primary Income (USD mn) -222.492 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: Capital Account (USD mn) 12.942 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: FA: Direct Investment (USD mn) -209.109 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: FA: Direct Investment: Liabilities (USD mn) 211.782 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: FA: Direct Investment: Asset (USD mn) 2.673 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: Financial Account (FA) (USD mn) -295.498 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: FA: Portfolio Investment: Asset (USD mn) 2.983 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: FA: Financial Derivatives: Asset (USD mn) 2.511 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: CA: Secondary Income (USD mn) 6.433 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: Net Errors & Omissions (USD mn) -187.447 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: FA: OI: Liabilities (USD mn) 218.982 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: Reserves: Assets (USD mn) -6.612 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: FA: Portfolio Investment (USD mn) -42.220 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: FA: Portfolio Investment: Liabilities (USD mn) 45.203 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: FA: Other Investment (OI) (USD mn) -41.683 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: FA: Financial Derivatives (USD mn) -2.485 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: FA: OI: Asset (USD mn) 177.299 Oct 2024 monthly Jan 2009 - Oct 2024
BoP: FA: Financial Derivatives: Liabilities (USD mn) 4.997 Oct 2024 monthly Jan 2009 - Oct 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.8 Nov 2024 monthly Dec 1996 - Nov 2024
Household Debt: % of GDP (%) 26.4 Sep 2024 quarterly Mar 2004 - Sep 2024
Non-Performing Loans (USD mn) 606.815 Nov 2024 monthly Dec 1996 - Nov 2024
Money Supply M1 (USD mn) 3,145.545 Nov 2024 monthly Dec 1996 - Nov 2024
Money Supply M2 (USD mn) 12,144.217 Nov 2024 monthly Dec 1996 - Nov 2024
M2 Growth (%) 17.2 Nov 2024 monthly Dec 1997 - Nov 2024
Reserve Requirement Ratio (%) 10.0 Nov 2024 monthly Jan 2005 - Nov 2024
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) 7,401.664 Oct 2024 monthly Jan 2000 - Oct 2024
Total Deposits Growth (%) 24.1 Oct 2024 monthly Jan 2001 - Oct 2024
Domestic Credit (USD mn) 9,894.7 Nov 2024 monthly Dec 1992 - Nov 2024
Domestic Credit Growth (%) 22.5 Nov 2024 monthly Dec 1993 - Nov 2024
Household Debt (USD mn) 6,310.6 Nov 2024 monthly Jan 2004 - Nov 2024
Total Loans (USD mn) 10,498.477 Nov 2024 monthly Dec 1996 - Nov 2024
Total Loans Growth (%) 33.55 Nov 2024 monthly Dec 1997 - Nov 2024
Private Debt: % of Nominal GDP (%) 43.25 Sep 2024 quarterly Dec 2010 - Sep 2024
Money Supply: M2: M1 (MNT mn) 10,750,748.116 Nov 2024 monthly Dec 1990 - Nov 2024
International Reserves: Gross (USD mn) 4,964.960 Nov 2024 monthly Jan 2006 - Nov 2024

More Indicators for Mongolia

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