Deposit Interest Rate in Mongolia decreased to 10.50 percent in December from 11 percent in November of 2019. Deposit Interest Rate in Mongolia - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Deposit Interest Rate in Mongolia averaged 30.11 percent from 1986 until 2019, reaching an all time high of 400 percent in December of 1991 and a record low of 10.20 percent in September of 2011. This page includes a chart with historical data for Deposit Interest Rate in Mongolia. source: Bank of Mongolia

Deposit Interest Rate in Mongolia is expected to be 10.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Mongolia to stand at 10.50 in 12 months time. In the long-term, the Deposit Interest Rate in Mongolia is projected to trend around 10.50 percent in 2021, according to our econometric models.


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Deposit Interest Rate in Mongolia

Actual Previous Highest Lowest Dates Unit Frequency
10.50 11.00 400.00 10.20 1986 - 2019 percent Monthly


Deposit Interest Rate in Mongolia
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.