Commercial banks and other lending (PPG + PNG) in Mongolia
Mongolia: Commercial banks and other lending (PPG + PNG) was 2.56 billion NFL, current US$ in 2024. ◆ Volatile
Commercial banks and other lending (PPG + PNG) in Mongolia, 1992–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2024, commercial banks and other lending (ppg + png) in Mongolia stood at 2.56 billion NFL, current US$.
The figure is up 28.7% on the previous year and up 143.3% over ten years.
Over the whole period, commercial banks and other lending (ppg + png) in Mongolia peaked at 3.30 billion NFL, current US$ in 2016 and was at its lowest, -554.65 million NFL, current US$, in 2017.
Mongolia ranks 7th of 115 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial banks and other lending (PPG + PNG) in Mongolia, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1992 | 18.75 million NFL, current US$ | — |
| 1994 | -24.04 million NFL, current US$ | -228.2% |
| 1995 | -13.69 million NFL, current US$ | -43.1% |
| 1996 | -18.99 million NFL, current US$ | +38.7% |
| 1997 | -16.20 million NFL, current US$ | -14.7% |
| 1998 | -14.91 million NFL, current US$ | -8.0% |
| 1999 | -2.79 million NFL, current US$ | -81.3% |
| 2000 | -2.54 million NFL, current US$ | -8.9% |
| 2014 | 1.05 billion NFL, current US$ | -41563.0% |
| 2015 | 343.28 million NFL, current US$ | -67.4% |
| 2016 | 3.30 billion NFL, current US$ | +861.8% |
| 2017 | -554.65 million NFL, current US$ | -116.8% |
| 2018 | 732.19 million NFL, current US$ | -232.0% |
| 2019 | 763.40 million NFL, current US$ | +4.3% |
| 2020 | 835.04 million NFL, current US$ | +9.4% |
| 2021 | 1.38 billion NFL, current US$ | +65.6% |
| 2022 | 1.77 billion NFL, current US$ | +27.8% |
| 2023 | 1.99 billion NFL, current US$ | +12.7% |
| 2024 | 2.56 billion NFL, current US$ | +28.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -10.27 million NFL, current US$ | -24.04 million NFL, current US$ | 18.75 million NFL, current US$ | 7 |
| 2000s | -2.54 million NFL, current US$ | -2.54 million NFL, current US$ | -2.54 million NFL, current US$ | 1 |
| 2010s | 940.00 million NFL, current US$ | -554.65 million NFL, current US$ | 3.30 billion NFL, current US$ | 6 |
| 2020s | 1.71 billion NFL, current US$ | 835.04 million NFL, current US$ | 2.56 billion NFL, current US$ | 5 |
Countries ranked near Mongolia
- 4 Indonesia 3.82 billion NFL, current US$ compare
- 5 Uzbekistan 3.41 billion NFL, current US$ compare
- 6 Mozambique 2.70 billion NFL, current US$ compare
- 8 El Salvador 2.11 billion NFL, current US$ compare
- 9 Senegal 1.69 billion NFL, current US$ compare
- 10 Serbia 1.51 billion NFL, current US$ compare
More external debt data for Mongolia
- IFC, private nonguaranteed 126.08 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 35.77 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0053 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 50.9 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 6.4% (2024)
- Net financial flows, IDA 5.71 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 1.62 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0002 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 6.13 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 8.0% (2024)
Frequently asked questions
- What is commercial banks and other lending (ppg + png) in Mongolia?
- Commercial banks and other lending (ppg + png) in Mongolia was 2.56 billion NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest commercial banks and other lending (ppg + png) recorded in Mongolia?
- The highest recorded value was 3.30 billion NFL, current US$ in 2016.
- What is the lowest commercial banks and other lending (ppg + png) recorded in Mongolia?
- The lowest recorded value was -554.65 million NFL, current US$ in 2017.
- How does Mongolia rank for commercial banks and other lending (ppg + png)?
- Mongolia ranks 7th out of 115 countries with data for 2024.
- Is commercial banks and other lending (ppg + png) rising or falling in Mongolia?
- Over the last ten years it is up 143.3%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Commercial banks and other lending (PPG + PNG) (NFL, current US$). Statizoid updates them automatically from the source API.
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About this data
Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private non- guaranteed) and other private credits. Data are in current U.S. dollars. Proposed: Commercial bank and other lending includes net commercial bank and other private creditors lending excluding bonds (public and publicly guaranteed + private nonguaranteed).