Mongolia - Interest Rate Spread 2008

Interest rate spread (lending rate minus deposit rate) · World Bank
9.19% +0.82pp from 2007 Global rank: 97th

Mongolia's interest rate spread was 9.19% in 2008, increased +0.82pp from 8.37% in 2007. This was the 97th highest globally.

Global Ranking - 2008▾
Interest Rate Spread by Country - 2008
RankCountryValueYoY
1st Serbia -10.09% -22.7%
2nd Benin -3.14% -2.6%
3rd Burkina Faso -3.14% -2.6%
4th Côte d'Ivoire -3.14% -2.6%
5th Guinea-Bissau -3.14% -2.6%
6th Mali -3.14% -2.6%
7th Niger -3.14% -2.6%
8th Senegal -3.14% -2.6%
9th Togo -3.14% -2.6%
10th Iran, Islamic Republic of -1.30% -427.4%
11th Belarus 0.03% -90.6%
12th Netherlands 0.23% -67.4%
13th Korea 1.30% -5.8%
14th Japan 1.32% 22.9%
15th New Zealand 1.39% 67.5%
16th Mauritius 1.43% -85.8%
17th Switzerland 1.54% -
18th Bahamas, The 1.58% -12.7%
19th Hungary 2.13% 14.5%
20th Lebanon 2.26% -0.9%
21st Kuwait 2.81% -9.1%
22nd Oman 2.93% -8.0%
23rd Malaysia 2.95% -8.9%
24th Viet Nam 3.05% -17.2%
25th China 3.06% -8.1%
26th Moldova 3.13% -18.0%
27th Canada 3.23% -19.7%
28th Nigeria 3.27% -50.9%
29th Thailand 3.29% 2.5%
30th Bosnia and Herzegovina 3.49% -3.4%
31st Libya 3.50% 0.0%
32nd South Africa 3.51% -12.4%
33rd Jordan 3.57% 10.4%
34th Qatar 3.88% 29.2%
35th North Macedonia 4.05% -26.1%
36th St. Kitts and Nevis 4.15% -11.3%
37th Australia 4.18% 14.1%
38th Philippines 4.26% -14.7%
39th Macao SAR, China 4.33% -12.7%
40th Brunei Darussalam 4.62% 6.9%
41st Czechia 4.64% 3.9%
42nd Hong Kong SAR, China 4.86% -5.4%
43rd Singapore 4.96% 3.3%
44th Yemen, Republic of 5.00% 0.0%
45th Trinidad and Tobago 5.07% -13.4%
46th Indonesia 5.11% -13.3%
47th Fiji 5.24% 167.4%
48th Bangladesh 5.34% -5.3%
49th Namibia 5.35% 0.3%
50th Montenegro 5.42% 27.8%
51st Romania 5.47% -17.6%
52nd Barbados 5.57% -0.9%
53rd Mexico 5.66% 30.0%
54th San Marino 5.67% 14.3%
55th Belize 5.68% -5.4%
56th Egypt, Arab Republic of 5.74% -10.4%
57th Chile 5.77% 88.6%
58th Suriname 5.86% -20.3%
59th Dominica 5.86% -0.8%
60th Angola 6.00% -45.2%
61st Pakistan 6.02% -6.8%
62nd Cabo Verde 6.18% -14.9%
63rd Albania 6.22% -26.3%
64th Algeria 6.25% 0.0%
65th Aruba 6.30% 6.8%
66th Grenada 6.30% -5.0%
67th Maldives 6.31% 0.0%
68th West Bank and Gaza 6.38% 28.6%
69th Bulgaria 6.42% 1.6%
70th Russian Federation 6.47% 32.2%
71st Bahrain 6.58% 73.9%
72nd Nicaragua 6.60% -5.3%
73rd Samoa 6.60% 6.3%
74th Eswatini 6.67% 9.1%
75th Tanzania 6.73% -8.9%
76th St. Vincent and the Grenadines 6.73% -0.9%
77th Georgia 6.80% -1.3%
78th St. Lucia 6.83% -2.8%
79th Antigua and Barbuda 6.89% -0.3%
80th Croatia 7.25% 3.6%
81st Mozambique 7.33% -4.5%
82nd Colombia 7.43% 0.9%
83rd Azerbaijan 7.54% -0.5%
84th Ukraine 7.54% 30.5%
85th Jamaica 7.70% -7.3%
86th Seychelles 7.84% 0.2%
87th Botswana 7.87% 3.6%
88th Papua New Guinea 7.88% -9.6%
89th Comoros 8.00% 0.0%
90th Sri Lanka 8.00% 0.1%
91st Guatemala 8.31% 3.0%
92nd Honduras 8.45% -4.3%
93rd Lesotho 8.55% 11.4%
94th Iraq 8.68% 3.9%
95th Kenya 8.71% 6.6%
96th Myanmar 8.92% 0.0%
97th Mongolia 9.19% 9.8%
98th Uruguay 9.22% 40.1%
99th Bolivia, Plurinational State of 9.22% -1.0%
100th Uganda 9.78% -0.7%
101st Dominican Republic 9.85% 10.7%
102nd Rwanda 10.18% 21.4%
103rd Liberia 10.40% -7.8%
104th Armenia 10.42% -7.5%
105th Kosovo 10.62% -5.7%
106th Costa Rica 11.68% 81.1%
107th Bhutan 11.85% 24.8%
108th Micronesia, Federated States of 11.91% 3.6%
109th Guyana 12.21% 0.6%
110th Mauritania 12.33% -20.4%
111th Zambia 12.51% 29.3%
112th Sierra Leone 13.91% -2.1%
113th Gambia, The 14.13% -5.9%
114th Tajikistan 14.22% 18.9%
115th Haiti 15.51% -9.7%
116th Peru 18.23% 1.6%
117th Lao PDR 19.33% -17.7%
118th São Tomé and Principe 19.65% 0.0%
119th Kyrgyz Republic 23.45% 11.3%
120th Paraguay 26.75% 11.8%
121st Madagascar 30.75% 29.3%
122nd Congo, Democratic Republic of 35.36% 8.4%
123rd Brazil 35.59% 7.4%

FAQ

What was Mongolia's interest rate spread in 2008?▾

Mongolia's interest rate spread in 2008 was 9.19%. This ranked 97th globally.

How did Mongolia's interest rate spread change in 2008?▾

Mongolia's interest rate spread increased by 9.8% in 2008 compared to 2007.

Which country had the highest interest rate spread in 2008?▾

Brazil had the highest interest rate spread in 2008 at 35.59%.

What is the interest rate spread of Mongolia in 2008?▾

The interest rate spread of Mongolia in 2008 was 9.19%. This ranked 97th globally.

How does 2008 compare to 2007 for Mongolia's interest rate spread?▾

Mongolia's interest rate spread went from 8.37% in 2007 to 9.19% in 2008, a 9.8% increase.

HistorySaid - pattern alert

Mongolia matched the Fiscal Dominance Trap pattern in 2008. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 10.0%. View full analysis →

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