Mongolia - Interest rate spread

Interest rate spread (lending rate minus deposit rate, %)

The value for Interest rate spread (lending rate minus deposit rate, %) in Mongolia was 6.67 as of 2020. As the graph below shows, over the past 22 years this indicator reached a maximum value of 23.05 in 2001 and a minimum value of 5.28 in 2018.

Definition: Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1998 14.76
1999 20.59
2000 20.15
2001 23.05
2002 22.30
2003 17.89
2004 17.32
2005 17.57
2006 13.93
2007 8.37
2008 9.19
2009 8.38
2010 8.21
2011 6.14
2012 6.84
2013 6.44
2014 6.71
2015 6.58
2016 6.47
2017 7.05
2018 5.28
2019 6.04
2020 6.67

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates