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Cost of moneyMongolia

Deposit rate in Mongolia

What does parked money earn there?

Mongolia's deposit rate is 6.60 % — #24 of 70 countries on the atlas (higher is better). Period 2021.

6.60%

Checked 21 Sept 2026Period 2021

Source: IMF International Financial Statistics

Deposit rate in Mongolia over time

115.71 %61.15 %6.60 %115.71 % · 19941994: 115.71 %1995: 74.62 %1996: 44.75 %1997: 36.37 %1998: 33.31 %1999: 23.42 %2000: 16.80 %2001: 14.30 %2002: 13.22 %2003: 14.02 %2004: 14.15 %2005: 13.00 %2006: 13.01 %2007: 13.46 %2008: 11.39 %2009: 13.28 %2010: 11.86 %2011: 10.47 %2012: 11.27 %2013: 12.05 %2014: 12.31 %2015: 12.98 %2016: 13.27 %2017: 12.96 %2018: 12.44 %2019: 10.96 %2020: 10.26 %2021: 6.60 %1994200820216.60 %
28 official observations, 1994 → 2021. Every point is a published value — never interpolated.
Rank
#24 of 70
higher is better
Ranked behind
66 %
46 of 70 countries
Latest move
▼ 3.66 pp
since 2020
Below its peak
109.11 pp
peak 115.71 % in 1994
Full series
▼ 109.11 pp
since 1994

In Asia: #6 of 19vs median 4.96 %: +1.63 pp (better)

Among 70 countries

10 of 70 countries between 0.14 % and 0.93 %6 of 70 countries between 0.93 % and 1.73 %6 of 70 countries between 1.73 % and 2.52 %5 of 70 countries between 2.52 % and 3.31 %3 of 70 countries between 3.31 % and 4.10 %5 of 70 countries between 4.10 % and 4.89 %6 of 70 countries between 4.89 % and 5.69 %5 of 70 countries between 5.69 % and 6.48 %3 of 70 countries between 6.48 % and 7.27 %5 of 70 countries between 7.27 % and 8.06 %3 of 70 countries between 8.86 % and 9.65 %3 of 70 countries between 9.65 % and 10.44 %2 of 70 countries between 10.44 % and 11.24 %2 of 70 countries between 11.24 % and 12.03 %2 of 70 countries between 12.03 % and 12.82 %1 of 70 countries between 14.41 % and 15.20 %3 of 70 countries between 18.37 % and 19.16 %median 4.82 %Mongolia: ahead of 66 % of the 70 countries with a published deposit rateMongolia 6.60 %0.14 %19.16 %
Half of all 70 countries sit between 1.89 % and 7.70 %. Mongolia is ahead of 66 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryDeposit ratevs Mongolia
22 Belarus6.76 %+0.16 pp
23 Suriname6.69 %+0.09 pp
24 Mongolia6.60 %—
25 Zimbabwe6.24 %−0.36 pp
26 Chile6.07 %−0.53 pp

Bank deposit rate, IMF-harmonised — what parked money earns.

How to read this figure

The IMF-harmonised deposit rate — what banks pay on deposits. Compare it with inflation: a deposit rate below inflation means parked money loses purchasing power even inside the bank. Same harmonisation trade-off as the lending rate.

Next, about Mongolia

Savings vs inflationInflation rateLending rate
Deposit rate, all countries ranked →Compare Mongolia with another country →Everything about Mongolia →
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