Bank assets as a share of GDP reached 106 % in 2017 in Mongolia, according to the National Central Bank. This is 0.078 % more than in the previous year.
Historically, bank assets as a share of GDP in Mongolia reached an all time high of 109 % in 2013 and an all time low of % in. When compared to Mongolia's main peers, bank assets as a share of GDP in China amounted to 320 %, 48.1 % in Kazakhstan, 38.7 % in Kyrgyzstan and 84.6 % in Russia in 2017.
Mongolia has been ranked 47th within the group of 132 countries we follow in terms of bank assets as a share of GDP, 58 places above the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.