Mongolia - Credit to GDP 2023
38.61%
−2.36% from 2022
Mongolia's credit to gdp was 38.61% in 2023, decreased +2.36% from 40.98% in 2022. This was the 72nd highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Somalia, Fed. Rep. | 0.00% | 28.0% |
| 2nd | South Sudan | 3.05% | 1.0% |
| 3rd | Sierra Leone | 3.24% | -8.5% |
| 4th | Haiti | 5.17% | -37.3% |
| 5th | Equatorial Guinea | 5.91% | -26.9% |
| 6th | Zimbabwe | 6.48% | 11.2% |
| 7th | Angola | 7.57% | 10.2% |
| 8th | Malawi | 7.75% | -10.4% |
| 9th | São Tomé and Principe | 7.82% | -39.2% |
| 10th | Gambia, The | 8.73% | -9.3% |
| 11th | Ghana | 9.45% | -28.9% |
| 12th | Niger | 11.06% | -11.4% |
| 13th | Congo, Democratic Republic of | 11.29% | 32.2% |
| 14th | Pakistan | 12.02% | -19.0% |
| 15th | Libya | 12.22% | 14.0% |
| 16th | Tajikistan | 12.22% | 17.3% |
| 17th | Guinea-Bissau | 12.28% | -15.6% |
| 18th | Iraq | 12.55% | 31.6% |
| 19th | Congo, Republic of | 13.79% | 8.0% |
| 20th | Uganda | 14.81% | -1.8% |
| 21st | Argentina | 15.36% | 19.1% |
| 22nd | Tanzania | 16.39% | 8.1% |
| 23rd | Papua New Guinea | 16.51% | 9.8% |
| 24th | Suriname | 16.60% | -14.3% |
| 25th | Madagascar | 17.11% | -8.2% |
| 26th | Comoros | 18.33% | 7.5% |
| 27th | Mozambique | 18.52% | -10.6% |
| 28th | Benin | 18.61% | 8.8% |
| 29th | Ukraine | 18.65% | -20.0% |
| 30th | Algeria | 18.85% | 3.3% |
| 31st | Guyana | 19.93% | -1.3% |
| 32nd | Kyrgyz Republic | 19.95% | -4.1% |
| 33rd | Eswatini | 21.31% | -0.2% |
| 34th | Djibouti | 21.82% | 10.0% |
| 35th | Côte d'Ivoire | 21.90% | 5.0% |
| 36th | Rwanda | 22.35% | -2.2% |
| 37th | Azerbaijan | 23.13% | 26.4% |
| 38th | Mali | 23.20% | -6.3% |
| 39th | Romania | 23.25% | -7.8% |
| 40th | Timor-Leste | 23.68% | 86.1% |
| 41st | Lesotho | 24.87% | 14.6% |
| 42nd | Ireland | 25.22% | -0.9% |
| 43rd | Moldova | 25.58% | -7.0% |
| 44th | Togo | 26.04% | -2.0% |
| 45th | Kazakhstan | 26.05% | 4.1% |
| 46th | Latvia | 28.56% | -7.9% |
| 47th | Uruguay | 28.58% | 7.3% |
| 48th | Egypt, Arab Republic of | 29.26% | -5.2% |
| 49th | Nicaragua | 30.01% | 1.0% |
| 50th | Botswana | 30.06% | 0.6% |
| 51st | Dominican Republic | 30.84% | 10.3% |
| 52nd | Senegal | 31.45% | -2.3% |
| 53rd | Kenya | 31.80% | 1.7% |
| 54th | Burkina Faso | 31.91% | 0.8% |
| 55th | Albania | 32.47% | -3.9% |
| 56th | Hungary | 32.87% | -8.8% |
| 57th | Serbia | 33.04% | -13.9% |
| 58th | Mexico | 33.15% | -3.2% |
| 59th | Uzbekistan | 34.36% | 5.0% |
| 60th | Lithuania | 34.39% | -3.7% |
| 61st | Poland | 34.71% | -11.7% |
| 62nd | Solomon Islands | 34.78% | 0.2% |
| 63rd | Tonga | 35.65% | -0.9% |
| 64th | Maldives | 35.84% | 1.8% |
| 65th | Indonesia | 36.01% | 2.1% |
| 66th | Slovenia | 36.34% | -11.8% |
| 67th | Brunei Darussalam | 37.08% | 17.5% |
| 68th | Guatemala | 37.13% | 1.5% |
| 69th | Burundi | 37.38% | 7.0% |
| 70th | Bangladesh | 37.64% | -3.4% |
| 71st | Antigua and Barbuda | 38.01% | -0.4% |
| 72nd | Mongolia | 38.61% | -5.8% |
| 73rd | St. Vincent and the Grenadines | 39.70% | -3.6% |
| 74th | Colombia | 41.66% | -5.7% |
| 75th | Dominica | 41.77% | -8.9% |
| 76th | Belize | 42.04% | -1.1% |
| 77th | Montenegro | 42.38% | -10.1% |
| 78th | Jamaica | 44.57% | -3.5% |
| 79th | Bulgaria | 45.32% | 1.3% |
| 80th | Trinidad and Tobago | 45.53% | 22.6% |
| 81st | Croatia | 46.44% | -8.1% |
| 82nd | Bosnia and Herzegovina | 47.34% | -1.6% |
| 83rd | Czechia | 47.72% | -1.9% |
| 84th | Philippines | 48.31% | -1.1% |
| 85th | Türkiye | 48.88% | -8.8% |
| 86th | Greece | 49.22% | -6.2% |
| 87th | St. Lucia | 50.62% | -0.9% |
| 88th | Grenada | 50.99% | -4.9% |
| 89th | Costa Rica | 51.12% | -2.9% |
| 90th | North Macedonia | 52.04% | -4.2% |
| 91st | Paraguay | 52.36% | 2.6% |
| 92nd | Vanuatu | 53.55% | -3.1% |
| 93rd | Ecuador | 54.49% | 4.0% |
| 94th | West Bank and Gaza | 55.06% | 15.4% |
| 95th | Kosovo | 55.25% | 4.7% |
| 96th | Armenia | 55.40% | 5.4% |
| 97th | Cabo Verde | 56.33% | -2.7% |
| 98th | Aruba | 56.71% | -6.3% |
| 99th | Estonia | 57.66% | 0.8% |
| 100th | Barbados | 59.73% | -2.2% |
| 101st | Oman | 59.75% | 7.1% |
| 102nd | Bolivia, Plurinational State of | 60.22% | -4.3% |
| 103rd | Cyprus | 60.57% | -14.5% |
| 104th | Slovak Republic | 61.46% | -7.9% |
| 105th | St. Kitts and Nevis | 61.71% | -2.2% |
| 106th | El Salvador | 61.90% | -1.1% |
| 107th | Tunisia | 62.73% | -5.0% |
| 108th | Italy | 63.13% | -9.3% |
| 109th | Malta | 64.20% | -6.9% |
| 110th | Georgia | 66.06% | 4.8% |
| 111th | Belgium | 69.28% | -4.6% |
| 112th | Israel | 69.55% | -0.8% |
| 113th | Mauritius | 69.89% | -3.4% |
| 114th | Brazil | 71.08% | 0.7% |
| 115th | Bhutan | 71.44% | 5.3% |
| 116th | Samoa | 74.15% | -16.6% |
| 117th | Honduras | 75.63% | 7.9% |
| 118th | Germany | 77.25% | -4.7% |
| 119th | Spain | 78.35% | -11.1% |
| 120th | European Union | 78.47% | -6.5% |
| 121st | Portugal | 80.23% | -10.3% |
| 122nd | Morocco | 80.50% | -8.0% |
| 123rd | Jordan | 81.82% | -2.9% |
| 124th | Austria | 84.10% | -5.7% |
| 125th | Netherlands | 85.48% | -3.8% |
| 126th | Iceland | 88.35% | -5.1% |
| 127th | South Africa | 90.37% | -1.3% |
| 128th | Nepal | 91.56% | -3.1% |
| 129th | Luxembourg | 93.21% | -9.1% |
| 130th | Finland | 93.27% | -3.0% |
| 131st | Chile | 109.49% | -2.8% |
| 132nd | France | 112.57% | -5.6% |
| 133rd | Fiji | 113.60% | -4.0% |
| 134th | Qatar | 115.74% | 14.5% |
| 135th | Malaysia | 117.10% | 3.6% |
| 136th | United Kingdom | 117.98% | -6.5% |
| 137th | Australia | 126.96% | -5.0% |
| 138th | Norway | 127.43% | 15.6% |
| 139th | Sweden | 129.14% | -5.1% |
| 140th | Cambodia | 130.13% | -2.0% |
| 141st | New Zealand | 141.22% | -3.4% |
| 142nd | Macao SAR, China | 146.67% | -49.0% |
| 143rd | Denmark | 147.48% | 2.8% |
| 144th | Thailand | 154.14% | -1.5% |
| 145th | Korea | 163.52% | 0.5% |
| 146th | China | 189.61% | 4.3% |
| 147th | Japan | 195.22% | -0.7% |
| 148th | United States | 195.55% | 2.6% |
| 149th | Hong Kong SAR, China | 248.61% | -6.0% |
FAQ
What was Mongolia's credit to gdp in 2023?▾
Mongolia's credit to gdp in 2023 was 38.61%. This ranked 72nd globally.
How did Mongolia's credit to gdp change in 2023?▾
Mongolia's credit to gdp decreased by 5.8% in 2023 compared to 2022.
Which country had the highest credit to gdp in 2023?▾
Hong Kong SAR, China had the highest credit to gdp in 2023 at 248.61%.
What is the credit to gdp of Mongolia in 2023?▾
The credit to gdp of Mongolia in 2023 was 38.61%. This ranked 72nd globally.
How does 2023 compare to 2022 for Mongolia's credit to gdp?▾
Mongolia's credit to gdp went from 40.98% in 2022 to 38.61% in 2023, a 5.8% decrease.
HistorySaid - pattern alert
Mongolia matched the Export Boom Cycle pattern in 2023. Historically: 768 occurrences, 546 successful (71%). View full analysis →
Related
2022
All years
Full ranking 2023
Lending Rate
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Non-Performing Loans
Peak: 2013
Lowest: 1997
Credit to GDP 1990s
Credit to GDP 2000s
Credit to GDP 2010s
Credit to GDP 2020s
Highest ever
Lowest ever
Average
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