Policy Interest Rate in Mongolia
The policy interest rate ended 2024 at 10.00%, compared to the end-2023 value of 13.00% and the figure a decade earlier of 12.00%. It averaged 10.91% over the last decade. For more interest rate information, visit our dedicated page.
Mongolia Interest Rate Chart
Note: This chart displays Policy Interest Rate (%) for Mongolia from 2014 to 2024.
Source: Macrobond.
Mongolia Interest Rate Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Policy Rate (%, eop) | 11.00 | 6.00 | 6.00 | 13.00 | 13.00 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Mongol interest rate projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Mongol interest rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Mongol interest rate projections.
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