Mongolia M2 Growth

1997 - 2026 | Monthly | % | CEIC Data

Key information about Mongolia M2 Growth

  • Mongolia Money Supply M2 increased 13.9 % YoY in Jan 2026, compared with a growth of 10.6 % in the previous month
  • Mongolia Money Supply M2 growth data is updated monthly, available from Dec 1997 to Jan 2026
  • The data reached an all-time high of 69.2 % in Apr 2011 and a record low of -5.6 % in Dec 2008

CEIC calculates M2 Growth Rate from monthly M2. The Bank of Mongolia provides M2 in local currency.


Further information about Mongolia M2 Growth

  • In the latest reports, Mongolia Foreign Exchange Reserves was measured at 5.3 USD bn in Jan 2026
  • The Foreign Exchange Reserves equaled 6.3 Months of Import in Jan 2026
  • Mongolia Domestic Credit reached 12.3 USD bn in Jan 2026, representing an increased of 21.0 % YoY
  • The country's Non Performing Loans Ratio stood at 5.2 % in Jan 2026, compared with the ratio of 5.1 % in the previous month
  • Household Debt of Mongolia reached 7.4 USD bn in Jan 2026, accounting for 28.9 % of the country's Nominal GDP

View Mongolia's M2 Growth from Dec 1997 to Jan 2026 in the chart:

Mongolia M2 Growth

What was Mongolia's M2 Growth in Jan 2026?

Mongolia Money Supply M2 increased 13.9 % YoY in Jan 2026, compared with a growth of 10.6 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
13.9 Jan 2026 10.6 Dec 2025 -5.6 Dec 2008 69.2 Apr 2011 % monthly Dec 1997 - Jan 2026

M2 Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 13.5 Jan 2026 monthly Dec 1994 - Jan 2026
Algeria (%) 9.0 Dec 2024 monthly Jan 2002 - Dec 2024
Argentina (%) 36.9 Dec 2025 monthly Jan 1991 - Dec 2025
Armenia (%) 22.0 Dec 2025 monthly Jan 2003 - Dec 2025
Australia (%) 7.3 Jan 2026 monthly Mar 1966 - Jan 2026
Austria (%) 3.6 Jan 2026 monthly Sep 1998 - Jan 2026
Azerbaijan (%) 6.9 Oct 2025 monthly Dec 1996 - Oct 2025
Bahrain (%) 5.9 Jan 2026 monthly Dec 1975 - Jan 2026
Bangladesh (%) 9.5 Jan 2026 monthly Jun 1987 - Jan 2026
Belarus (%) 25.1 Dec 2025 monthly Dec 1990 - Dec 2025
Belgium (%) 2.8 Jan 2026 monthly Dec 1997 - Jan 2026
Bolivia (%) 17.6 Dec 2025 monthly Dec 1988 - Dec 2025
Bosnia and Herzegovina (%) 9.7 Jan 2026 monthly Aug 1998 - Jan 2026
Botswana (%) 0.8 Nov 2025 monthly Jan 2002 - Nov 2025
Brazil (%) 11.8 Jan 2026 monthly Jan 1971 - Jan 2026
Bulgaria (%) 6.6 Dec 2025 monthly Dec 1996 - Dec 2025
Cambodia (%) 12.2 Jan 2026 monthly Jan 1996 - Jan 2026
Canada (%) 4.7 Dec 2025 monthly Jan 1969 - Dec 2025
Chile (%) 4.1 Feb 2026 monthly Jan 1987 - Feb 2026
China (%) 9.0 Jan 2026 monthly Mar 1997 - Jan 2026
Colombia (%) 12.5 Jan 2026 monthly Dec 1980 - Jan 2026
Croatia (%) 6.6 Dec 2025 monthly Jun 1995 - Dec 2025
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 4.0 Jan 2026 monthly Jan 2003 - Jan 2026
Denmark (%) 2.7 Jan 2026 monthly Jan 1992 - Jan 2026
Ecuador (%) 13.9 Nov 2025 monthly Dec 2007 - Nov 2025
Egypt (%) 18.7 Jan 2026 monthly Jan 1997 - Jan 2026
Estonia (%) 3.5 Jan 2026 monthly Jan 2012 - Jan 2026
European Union (%) 4.0 Jan 2026 monthly Jan 1981 - Jan 2026
Finland (%) 4.8 Jan 2026 monthly Jan 1981 - Jan 2026
France (%) 1.0 Jan 2026 monthly Dec 1978 - Jan 2026
Georgia (%) 25.7 Jan 2026 monthly Oct 1996 - Jan 2026
Germany (%) 4.0 Jan 2026 monthly Jan 1970 - Jan 2026
Ghana (%) 30.3 Jun 2025 quarterly Mar 1991 - Jun 2025
Greece (%) 4.5 Jan 2026 monthly Jan 2002 - Jan 2026
Hong Kong SAR, China (%) 9.9 Jan 2026 monthly Dec 1981 - Jan 2026
Hungary (%) 6.6 Jan 2026 monthly Jan 1999 - Jan 2026
Iceland (%) 4.6 Jan 2026 monthly Sep 1987 - Jan 2026
India (%) 17.2 Dec 2025 monthly Mar 1995 - Dec 2025
Indonesia (%) 10.0 Jan 2026 monthly Feb 1969 - Jan 2026
Iran (%) 36.8 Sep 2025 monthly Dec 2000 - Sep 2025
Ireland (%) 5.4 Dec 2025 monthly Jan 2000 - Dec 2025
Israel (%) 6.0 Nov 2025 monthly Apr 1982 - Nov 2025
Italy (%) 2.5 Dec 2025 monthly Dec 1975 - Dec 2025
Ivory Coast (%) 22.8 Nov 2025 monthly Jan 2005 - Nov 2025
Japan (%) 1.6 Jan 2026 monthly Jan 1968 - Jan 2026
Jordan (%) 5.7 Jan 2026 monthly Jan 1991 - Jan 2026
Kazakhstan (%) 14.3 Jan 2026 monthly Dec 1994 - Jan 2026
Kenya (%) 10.7 Nov 2025 monthly Dec 1996 - Nov 2025
South Korea (%) 5.4 Dec 2025 monthly Jan 1971 - Dec 2025
Kosovo (%) 12.4 2024 yearly 2002 - 2024
Kuwait (%) 3.6 Dec 2025 monthly Jan 1995 - Dec 2025
Kyrgyzstan (%) 54.0 Dec 2025 monthly Jan 1995 - Dec 2025
Laos (%) 19.1 Dec 2025 quarterly Dec 2000 - Dec 2025
Latvia (%) 7.8 Jan 2026 monthly Jan 2015 - Jan 2026
Lebanon (%) 34.4 Nov 2025 monthly Dec 1980 - Nov 2025
Lithuania (%) 8.4 Jan 2026 monthly Dec 1994 - Jan 2026
Luxembourg (%) 5.6 Jan 2026 monthly Jan 2000 - Jan 2026
Macau SAR, China (%) 9.3 Jan 2026 monthly Jun 1985 - Jan 2026
North Macedonia (%) 11.6 Jan 2026 monthly Jan 2004 - Jan 2026
Malawi (%) 51.0 Sep 2025 monthly Jan 1976 - Sep 2025
Malaysia (%) 3.7 Jan 2026 monthly Dec 1970 - Jan 2026
Malta (%) 4.7 Jan 2026 monthly Jan 2009 - Jan 2026
Mauritius (%) 8.5 Dec 2025 monthly Jul 1977 - Dec 2025
Mexico (%) 7.2 Jan 2026 monthly Dec 1986 - Jan 2026
Moldova (%) 14.6 Dec 2025 monthly Jan 2001 - Dec 2025
Mongolia (%) 13.9 Jan 2026 monthly Dec 1997 - Jan 2026
Montenegro (%) 9.9 2024 yearly 2003 - 2024
Morocco (%) 11.6 Jan 2026 monthly Jan 1986 - Jan 2026
Mozambique (%) 11.9 Oct 2025 monthly Dec 2002 - Oct 2025
Myanmar (%) 25.0 Jun 2025 quarterly Dec 2002 - Jun 2025
Nepal (%) 14.2 Jan 2026 monthly Jan 2002 - Jan 2026
Netherlands (%) 3.5 Dec 2025 monthly Dec 1957 - Dec 2025
New Zealand (%) 3.5 Jan 2026 monthly Mar 1989 - Jan 2026
Nigeria (%) 11.0 Jan 2026 monthly Apr 1991 - Jan 2026
Norway (%) 6.5 Jan 2026 monthly Dec 1993 - Jan 2026
Oman (%) 4.3 Sep 2025 monthly Jan 2000 - Sep 2025
Pakistan (%) 17.1 Jan 2026 monthly Jan 1989 - Jan 2026
Palestinian Territory (%) 15.1 Jan 2026 monthly Jul 2003 - Jan 2026
Panama (%) 8.4 Nov 2025 monthly Dec 2003 - Nov 2025
Paraguay (%) 12.6 Jan 2026 monthly Dec 1989 - Jan 2026
Peru (%) 8.8 Jan 2026 monthly Jan 1993 - Jan 2026
Philippines (%) 7.5 Dec 2025 monthly Dec 1989 - Dec 2025
Poland (%) 9.8 Jan 2026 monthly Dec 1997 - Jan 2026
Portugal (%) 5.4 Jan 2026 monthly Dec 1980 - Jan 2026
Qatar (%) 3.5 Dec 2025 monthly Jan 1983 - Dec 2025
Romania (%) 6.9 Jan 2026 monthly Dec 2002 - Jan 2026
Russia (%) 9.7 Jan 2026 monthly Dec 1992 - Jan 2026
Saudi Arabia (%) 7.9 Jan 2026 monthly Jan 1994 - Jan 2026
Serbia (%) 7.2 Jan 2026 monthly Aug 2002 - Jan 2026
Singapore (%) 5.7 Jan 2026 monthly Mar 2005 - Jan 2026
Slovakia (%) 5.6 Jan 2026 monthly Dec 2001 - Jan 2026
Slovenia (%) 6.9 Jan 2026 monthly Jan 2008 - Jan 2026
South Africa (%) 6.9 Jan 2026 monthly Mar 1966 - Jan 2026
Spain (%) 5.2 Jan 2026 monthly Jan 1963 - Jan 2026
Sri Lanka (%) 11.6 Jan 2026 monthly Jan 1995 - Jan 2026
Sudan (%) 74.7 Dec 2025 monthly Dec 2004 - Dec 2025
Sweden (%) 4.7 Jan 2026 monthly Jan 1999 - Jan 2026
Switzerland (%) 16.2 Oct 2025 monthly Dec 1985 - Oct 2025

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Mongolia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.4 Dec 2025 quarterly Dec 2000 - Dec 2025
Consolidated Fiscal Balance (USD mn) -119.371 Jan 2026 monthly Jan 2000 - Jan 2026
Tax Revenue (USD mn) 339.939 Jan 2026 monthly Jan 2000 - Jan 2026
Tax Revenue: % of GDP (%) 21.5 Dec 2025 quarterly Mar 2000 - Dec 2025
Government Debt: % of GDP (%) 38.6 Jun 2025 quarterly Dec 2017 - Jun 2025
Forecast: Government Expenditure (MNT bn) 58,083.013 2030 yearly 1981 - 2030
Forecast: Government Net Debt (MNT bn) 98,835.528 2030 yearly 2006 - 2030
Forecast: Government Revenue (MNT bn) 53,758.183 2030 yearly 1981 - 2030
General Government Expenditure & NL: ytd: Net Lending (MNT mn) -6,050.917 Jan 2026 monthly Dec 1999 - Jan 2026
General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 257,932.725 Jan 2026 monthly Dec 1999 - Jan 2026
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 1,878,728.296 Jan 2026 monthly Dec 1999 - Jan 2026
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 469,600.454 Jan 2026 monthly Dec 1999 - Jan 2026
General Government Balance: ytd (MNT mn) -425,061.646 Jan 2026 monthly Dec 1999 - Jan 2026
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 56,318.566 Jan 2026 monthly Dec 1999 - Jan 2026
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 2,136,661.021 Jan 2026 monthly Dec 1999 - Jan 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
Trade Balance (USD mn) 906.5 Jan 2026 monthly Jan 1997 - Jan 2026
Total Exports (USD mn) 1,749.4 Jan 2026 monthly Jan 1997 - Jan 2026
Total Exports Growth (%) 7.9 Oct 2025 monthly Jan 1998 - Oct 2025
Aluminum: Exports (USD th) 17,602.481 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 117.835 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 3,906.650 2024 yearly 1995 - 2024
Total Imports (USD mn) 843.0 Jan 2026 monthly Jan 1997 - Jan 2026
Total Imports Growth (%) -12.6 Jan 2026 monthly Jan 1998 - Jan 2026
Imports: Medicament (USD th) 194,649.356 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 151,307.381 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 41.548 Jan 2026 monthly Dec 1999 - Jan 2026
Total Imports from USA (USD mn) 18.390 Jan 2026 monthly Dec 1999 - Jan 2026
Total Exports to China (USD mn) 1,553.741 Jan 2026 monthly Dec 1999 - Jan 2026
Total Imports from China (USD mn) 311.636 Jan 2026 monthly Dec 1999 - Jan 2026
Exports: Live Animals and Products of Animal Origin (USD th) 7,944.969 Jan 2026 monthly Dec 1999 - Jan 2026
Exports: Textiles and Textile Articles (USD th) 15,563.220 Jan 2026 monthly Dec 1999 - Jan 2026
Exports: Mineral Products (USD th) 1,507,033.301 Jan 2026 monthly Dec 1999 - Jan 2026
Exports: Europe: European Union: ow United Kingdom (USD th) 322.384 Jan 2026 monthly Dec 1999 - Jan 2026
Exports: Asia: North Eastern: ow China (USD th) 1,555,704.189 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 182,826.293 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Mineral Products (USD th) 258,396.771 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 108,940.104 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Food Products (USD th) 60,185.922 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Base Metals and Articles Thereof (USD th) 56,517.566 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Europe: Others: ow Russian Federation (USD th) 262,400.155 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Asia: North Eastern: ow Japan (USD th) 74,918.823 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: America: ow USA (USD th) 18,389.955 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 22,974.082 Jan 2026 monthly Dec 1999 - Jan 2026
Imports: Asia: North Eastern: ow China (USD th) 313,092.200 Jan 2026 monthly Dec 1999 - Jan 2026
Exports: Base Metals and Articles Thereof (USD th) 5,374.900 Mar 2019 monthly Dec 1999 - Mar 2019
Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
Export Value Index (2015=100) 198.040 2021 yearly 1980 - 2021
Import Value Index (2015=100) 180.345 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 109.807 2021 yearly 2000 - 2021
Import Volume Index (2015=100) 147.693 2021 yearly 2000 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2.4 Jan 2026 monthly Jan 2009 - Jan 2026
Current Account Balance (USD mn) 444.8 Jan 2026 monthly Jan 2009 - Jan 2026
Current Account Balance: % of GDP (%) 9.4 Dec 2025 quarterly Mar 2000 - Dec 2025
Foreign Direct Investment (USD mn) 325.4 Jan 2026 monthly Jan 2009 - Jan 2026
Foreign Direct Investment: % of GDP (%) 2.2 Dec 2025 quarterly Mar 2000 - Dec 2025
Foreign Portfolio Investment (USD mn) 198.065 Dec 2025 quarterly Mar 1998 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 2.4 Dec 2025 quarterly Mar 2000 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -1.4 Dec 2025 quarterly Mar 1998 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 199.417 Dec 2025 quarterly Mar 1998 - Dec 2025
External Debt (USD mn) 40,439.3 Sep 2025 quarterly Mar 2000 - Sep 2025
External Debt: % of GDP (%) 156.5 2024 yearly 1992 - 2024
External Debt: Short Term (USD mn) 2,640.4 Sep 2025 quarterly Mar 2000 - Sep 2025
External Debt: Short Term: % of GDP (%) 8.6 2024 yearly 1992 - 2024
Forecast: Current Account Balance (USD bn) -4.078 2030 yearly 1991 - 2030
Net International Investment Position (USD mn) -45,905.123 Dec 2025 quarterly Dec 2010 - Dec 2025
Balance of Payments (BoP): Current Account (CA) (USD mn) 444.784 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: CA: Goods & Services: Services (USD mn) -255.190 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: CA: Primary Income (USD mn) -354.326 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: CA: Goods & Services: Goods (USD mn) 1,042.190 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: CA: Secondary Income (USD mn) 12.109 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: Capital Account (USD mn) 2.384 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Portfolio Investment (USD mn) 67.403 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Portfolio Investment: Asset (USD mn) 35.848 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Financial Derivatives (USD mn) -6.042 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Direct Investment: Asset (USD mn) 2.366 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: Financial Account (FA) (USD mn) 539.101 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Direct Investment (USD mn) -322.990 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Direct Investment: Liabilities (USD mn) 325.356 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: Reserves: Assets (USD mn) -489.213 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: Net Errors & Omissions (USD mn) -397.279 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Financial Derivatives: Liabilities (USD mn) 7.288 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Other Investment (OI) (USD mn) 800.730 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Financial Derivatives: Asset (USD mn) 1.246 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: OI: Liabilities (USD mn) -536.452 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: OI: Asset (USD mn) 264.278 Jan 2026 monthly Jan 2009 - Jan 2026
BoP: FA: Portfolio Investment: Liabilities (USD mn) -31.555 Jan 2026 monthly Jan 2009 - Jan 2026
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.2 Jan 2026 monthly Dec 1996 - Jan 2026
Household Debt: % of GDP (%) 28.9 Dec 2025 quarterly Mar 2004 - Dec 2025
Non-Performing Loans (USD mn) 642.281 Jan 2026 monthly Dec 1996 - Jan 2026
Money Supply M1 (USD mn) 3,117.665 Jan 2026 monthly Dec 1996 - Jan 2026
Money Supply M2 (USD mn) 13,232.638 Dec 2025 monthly Dec 1996 - Dec 2025
M2 Growth (%) 13.9 Jan 2026 monthly Dec 1997 - Jan 2026
Reserve Requirement Ratio (%) 14.0 Feb 2026 monthly Jan 2005 - Feb 2026
Foreign Exchange Reserves (USD mn) 5,330.6 Jan 2026 monthly Dec 1992 - Jan 2026
Foreign Exchange Reserves: % of GDP (%) 22.945 Dec 2025 quarterly Dec 2010 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 6.3 Jan 2026 monthly Jan 1997 - Jan 2026
Gold Reserves (USD mn) 1,310.238 Jan 2026 monthly Dec 1980 - Jan 2026
Total Deposits (USD mn) 8,866.243 Jan 2026 monthly Jan 2000 - Jan 2026
Total Deposits Growth (%) 17.6 Nov 2025 monthly Jan 2001 - Nov 2025
Domestic Credit (USD mn) 12,170.3 Dec 2025 monthly Dec 1991 - Dec 2025
Domestic Credit Growth (%) 21.0 Jan 2026 monthly Dec 1992 - Jan 2026
Household Debt (USD mn) 7,371.0 Jan 2026 monthly Jan 2004 - Jan 2026
Total Loans (USD mn) 12,401.237 Jan 2026 monthly Dec 1996 - Jan 2026
Total Loans Growth (%) 18.23 Jan 2026 monthly Dec 1997 - Jan 2026
Private Debt: % of Nominal GDP (%) 47.99 Dec 2025 quarterly Dec 2010 - Dec 2025
International Reserves: Gross (USD mn) 6,801.810 Feb 2026 monthly Jan 2006 - Feb 2026
Money Supply: M2: M1 (MNT mn) 11,226,982.066 Dec 2025 monthly Dec 1990 - Dec 2025
Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 2,289,142.334 Jan 2026 monthly Dec 1996 - Jan 2026
Deposits: Corporate (MNT tn) 6.400 Dec 2025 monthly May 2018 - Dec 2025
Deposits: Individual (MNT tn) 25.300 Jan 2026 monthly May 2018 - Jan 2026
Deposits (MNT tn) 31.600 Jan 2026 monthly Jan 2000 - Jan 2026

More Indicators for Mongolia

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