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.
Among 70 countries
- Rank
- #24 of 70
- higher is better
- Ranked behind
- 66 %
- 46 of 70 countries
In Asia: #6 of 19vs median 4.96 %: +1.63 pp (better)
The neighbourhood
| # | Country | Deposit rate | vs Mongolia |
|---|---|---|---|
| 22 | Belarus | 6.76 % | +0.16 pp |
| 23 | Suriname | 6.69 % | +0.09 pp |
| 24 | Mongolia | 6.60 % | — |
| 25 | Zimbabwe | 6.24 % | −0.36 pp |
| 26 | Chile | 6.07 % | −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.
Deposit rate, all countries ranked →Compare Mongolia with another country →Everything about Mongolia →
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