Broad money to total reserves ratio (United Nations) in Mongolia
Mongolia: Broad money to total reserves ratio (United Nations) was 2.21 in 2023. ▲ Rising
Latest (2023)
2.21
Change on year
down 20.5%
World rank
114th
of 164 countries
All-time high
4.36
in 2016
All-time low
1.19
in 2000
Years of data
24
2000–2023
Broad money to total reserves ratio in Mongolia, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Mongolia recorded 2.21 for broad money to total reserves ratio in 2023.
That represents a change of down 20.5% on the previous year and down 20.0% over ten years.
Over the whole period, broad money to total reserves ratio in Mongolia peaked at 4.36 in 2016 and was at its lowest, 1.19, in 2000.
Mongolia ranks 114th of 164 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Broad money to total reserves ratio (United Nations) in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.19 | — |
| 2001 | 1.46 | +22.7% |
| 2002 | 1.58 | +8.5% |
| 2003 | 3.01 | +90.2% |
| 2004 | 3.44 | +14.1% |
| 2005 | 2.84 | -17.4% |
| 2006 | 1.81 | -36.3% |
| 2007 | 2.05 | +13.1% |
| 2008 | 2.96 | +44.6% |
| 2009 | 1.51 | -49.0% |
| 2010 | 1.51 | -0.1% |
| 2011 | 2.07 | +37.3% |
| 2012 | 1.36 | -34.3% |
| 2013 | 2.76 | +103.1% |
| 2014 | 3.54 | +28.3% |
| 2015 | 3.86 | +8.9% |
| 2016 | 4.36 | +13.0% |
| 2017 | 2.16 | -50.5% |
| 2018 | 2.22 | +3.0% |
| 2019 | 1.79 | -19.2% |
| 2020 | 1.91 | +6.8% |
| 2021 | 2.23 | +16.6% |
| 2022 | 2.78 | +24.5% |
| 2023 | 2.21 | -20.5% |
Mongolia compared with similar countries
- Mongolia's 2.21 is below the median for upper middle income countries, which is 2.8, 79% of the median. (52 countries reporting)
- Mongolia's 2.21 is below the median for East Asia & Pacific, which is 3.15, 70% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.19 | 1.19 | 3.44 | 10 |
| 2010s | 2.56 | 1.36 | 4.36 | 10 |
| 2020s | 2.28 | 1.91 | 2.78 | 4 |
Countries ranked near Mongolia
- 111 Algeria 2.38 compare
- 112 United Republic of Tanzania 2.26 compare
- 113 Paraguay 2.21 compare
- 115 Mauritania 2.18 compare
- 116 Azerbaijan 2.15 compare
- 117 Bosnia and Herzegovina 2.15 compare
More infrastructure data for Mongolia
- Mobile cellular subscriptions 4.89 million (2024)
- Mobile cellular subscriptions 140.67 per 100 people (2024)
- Fixed telephone subscriptions 519,169 (2024)
- Fixed telephone subscriptions 14.94 per 100 people (2024)
- Fixed telephone subscriptions, per capita 0.1473 units per person (2024)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Fixed telephone subscriptions, annual growth rate 7.78 % change on previous year (2024)
- Fixed telephone subscriptions, gaps filled 519,169 (2024)
- Mobile cellular subscriptions, per capita 1.39 units per person (2024)
- Mobile cellular subscriptions, per unit of GDP 0.0002 units per US$ of GDP (2024)
Frequently asked questions
- What is broad money to total reserves ratio in Mongolia?
- Broad money to total reserves ratio in Mongolia was 2.21 in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest broad money to total reserves ratio recorded in Mongolia?
- The highest recorded value was 4.36 in 2016.
- What is the lowest broad money to total reserves ratio recorded in Mongolia?
- The lowest recorded value was 1.19 in 2000.
- How does Mongolia rank for broad money to total reserves ratio?
- Mongolia ranks 114th out of 164 countries with data for 2023.
- Is broad money to total reserves ratio rising or falling in Mongolia?
- Over the last ten years it is down 20.0%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).