Cost of moneyMongolia
Savings vs inflation in Mongolia
Is my bank account gaining or losing purchasing power?
Mongolia's savings vs inflation is -2.01 % — #55 of 69 countries on the atlas (higher is better). Period 2021.
-2.01%
Source: Fiatmap derived metrics (own calculation from separately sourced components)
A bank account in Mongolia loses about 2.0 pp of purchasing power a year — the deposit rate trails inflation.
Among 69 countries
- Rank
- #55 of 69
- higher is better
- Ranked behind
- 20 %
- 14 of 69 countries
In Asia: #17 of 19vs median 0.87 %: −2.88 pp (worse)
The neighbourhood
| # | Country | Savings vs inflation | vs Mongolia |
|---|---|---|---|
| 53 | Mexico | -1.26 % | +0.75 pp |
| 54 | Romania | -1.96 % | +0.05 pp |
| 55 | Mongolia | -2.01 % | — |
| 56 | Suriname | -2.52 % | −0.51 pp |
| 57 | Guyana | -2.55 % | −0.54 pp |
Deposit rate minus inflation — whether an ordinary bank account gains or loses purchasing power. Our calculation from two separately sourced figures.
How to read this figure
Our own calculation: the bank deposit rate minus annual CPI inflation. Where the policy-rate real rate answers "does the central bank beat inflation", this answers the question an ordinary saver actually has — does MY account? Deposit rates come from the IMF (harmonised, ~100 economies), inflation from official CPI; we never compute it when either leg is missing.