Mongolia - Domestic credit to private sector

Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Mongolia was 45.04 as of 2020. Its highest value over the past 29 years was 59.87 in 2013, while its lowest value was 4.74 in 1997.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1991 14.83
1992 13.08
1993 6.45
1994 10.67
1995 7.96
1996 8.10
1997 4.74
1998 8.18
1999 7.02
2000 6.86
2001 9.14
2002 14.41
2003 22.31
2004 25.55
2005 27.55
2006 30.12
2007 41.58
2008 39.90
2009 40.30
2010 34.19
2011 43.49
2012 43.72
2013 59.87
2014 57.67
2015 52.92
2016 54.08
2017 50.42
2018 53.45
2019 47.93
2020 45.04

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Mongolia was 45.79 as of 2020. Its highest value over the past 29 years was 59.87 in 2013, while its lowest value was 5.16 in 1997.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1991 14.84
1992 13.08
1993 6.45
1994 10.67
1995 7.96
1996 8.85
1997 5.16
1998 9.12
1999 7.44
2000 6.93
2001 9.14
2002 14.41
2003 22.31
2004 25.55
2005 27.55
2006 30.12
2007 41.58
2008 39.90
2009 40.30
2010 34.19
2011 43.49
2012 43.72
2013 59.87
2014 59.29
2015 54.46
2016 56.94
2017 52.82
2018 55.41
2019 48.90
2020 45.79

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets