Mongolia - Bank Lending Interest Rate
Since 2014, Mongolia Bank Lending Interest Rate fell by 2.2points year on year. In 2019, the country was number 19 comparing other countries in Bank Lending Interest Rate with 17 Percent. Mongolia is overtaken by Azerbaijan, which was ranked number 18 with 17.28 Percent and is followed by Tanzania at 16.97 Percent. Argentina topped the ranking with 67.25 Percent in 2019, a growth of 38.6points compared to 2018. Madagascar, Brazil and Gambia respectively ranked number 2, 3 and 4 in this ranking. Argentina recorded the best 5 years average growth at +22.9points per year, while New Zealand recorded the worst performance at -31.5points per year.
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| Date | Percent |
|---|---|
| 2019 | 17.00 |
| 2018 | 17.71 |
| 2017 | 20.01 |
| 2016 | 19.74 |
| 2015 | 19.56 |
Download all data from 1998 to 2019
How does Mongolia rank in Bank Lending Interest Rate?
| # | 136 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Argentina
|
67.25 % | 2019 | +38.6 % | +22.9 % | View data | |
| 2 |
#2
Madagascar
|
49.00 % | 2019 | -11.5 % | -4.0 % | View data | |
| 18 |
#18
Azerbaijan
|
17.28 % | 2019 | -1.0 % | -0.7 % | View data | |
| 19 |
#19
Mongolia
|
17.00 % | 2019 | -4.0 % | -2.2 % | View data | |
| 20 |
#20
Tanzania
|
16.97 % | 2019 | -2.5 % | +0.8 % | View data | |