Policy Interest Rate in Mongolia
The Policy Interest Rate (%, eop) ended 2024 at 10%, down from the 13% end-2024 value and down from the reading of 12% a decade earlier. For reference, the average interest rate in East & South Asia was 10% at end-2024. For more information on interest rate, 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
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Policy Rate (%, eop) | 6.00 | 6.00 | 13.00 | 13.00 | 10.00 |
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.
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