Mongolia


    The Housing Finance Sector data for Mongolia extends back to 2005. Please click on the Research Center tab above to access data for previous years not shown.

    Mongolia: Statistical Data At-A-Glance
    IndicatorDataYearSource
    Total population3.08 million2017WDI
    Urban population (% of total)73.57% of total2017WDI
    GDP, current prices (U.S. dollars)11,135 USD (millions)2017WEO
    GDP based on PPP per capita GDP (Current international dollar)12,978.56 USD 2017WEO
    Inflation, end of period consumer prices (Percent change)7.23%2017WEO
    Average bank deposit rate12.96%2017IFS
    Lending rate20.01%2017IFS
    Total amount of home mortgage loans outstanding at the end of year in millions of USD:1,752.36 USD (millions)2017Bank of Mongolia
    Total amount of home mortgage loans outstanding at the end of year as % of GDP (current)15.74%2017Bank of Mongolia
    Total # of home mortgage loans outstanding at the end of year93.1 thousand2017Bank of Mongolia
    Typical LTV at origination562012Country Editor
    Typical pmt-to-income ratio (HH income)45%2017Country Editor
    Retail funding (deposits/other)secondary2017Country Editor
    Wholesale funding: loans from other banks or corporationstertiary2017Country Editor
    Funding through securitization of mortgagesprimary2017Country Editor
    Typical number of days needed for the transfer of title10.52017WDI
    Full Data Set
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    About the Editor

    Mongolian Mortgage Federation (MIK)
    Contact
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    The Mongolian Mortgage Corporation (MIK) was established in 2003 to promote and develop primary and secondary mortgage markets to create and ensure an efficient, long-term financing system. MIK’s mission is to promote affordable home ownership and urban development for Mongolia’s people.