The Bank of Mongolia

BANK OF MONGOLIA
Monthly Statistical Bulletin
2009-03


CONTENTS

Monetary survey

, 12
Annualized growth rate of monetary and financial aggregates

Money supply

Monetary survey

Consumer price index

18

Loans outstanding

21

Loan rate

25

,
Interest rate applied by banks

27

29

Trade balance

Real and nominal effective rate of togrog

31

Exchange rates on foreign exchange market

32

The Government budget accounts

34

Securities market developments

37

,
Year on year growth rate of monetary and financial aggregates

in percent

End-of-period

1991 12
1992 12
1993 12
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 12
2001 12
2002 12
2003 12
2004 12
2005 12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

(2)

(M1)

Money
supply
(M2)

Quasi
money

Money
(M1)

75.5
31.9
227.6
79.7
32.9
25.8
32.5
-1.7
31.6
17.6
27.9
42.0
49.6
20.4
34.6
33.5
33.2
33.4
34.2
44.3
43.6
41.6
37.9
38.4
39.0
42.8
34.8
35.7
42.1
46.6
50.5
40.2
39.1
42.2
47.3
42.4
46.4
40.9
56.3
48.3
48.5
40.6
31.0
28.0
27.2
23.9
17.4
15.2
4.1
0.3
-3.4
-2.1
-1.7
-1.7

194.5
108.1
347.4
81.3
35.3
7.9
46.6
-9.9
24.4
21.6
36.6
61.5
73.7
27.6
39.2
35.7
33.2
34.9
40.0
50.2
53.1
50.8
45.7
44.0
44.2
47.1
38.3
38.9
45.5
46.7
49.0
37.1
35.1
39.2
44.6
38.8
42.0
36.0
50.3
43.8
45.4
39.6
31.8
28.5
28.1
23.4
16.5
14.6
3.2
-1.3
-8.4
-3.1
-3.6
-0.1

54.0
4.5
142.8
77.2
29.7
50.8
18.4
8.5
39.0
13.9
19.4
20.2
13.4
4.0
21.6
26.7
33.0
28.6
18.1
27.7
18.3
16.6
17.0
21.1
22.1
28.4
23.3
25.2
30.7
46.3
55.4
50.3
52.8
52.9
56.1
55.6
63.6
60.0
77.9
64.7
60.3
43.9
28.2
26.6
24.4
25.6
19.9
17.1
7.2
5.5
11.9
1.3
4.9
-7.0

Currency
Currency
outside banks issued in
circulation
129.9
8.6
375.8
114.5
36.4
63.0
19.3
13.4
54.6
15.6
8.2
10.6
8.9
9.1
6.2
13.0
11.6
9.1
6.5
17.8
12.1
6.6
7.9
8.6
11.5
18.0
21.5
13.1
29.1
49.3
44.4
37.0
32.4
38.5
42.0
41.2
46.1
45.0
53.0
52.6
46.3
18.7
8.7
13.6
17.3
12.9
11.4
7.0
-0.5
0.5
16.0
4.7
24.6
6.2

169.7
44.6
272.4
102.2
36.5
54.9
23.3
8.7
48.3
17.3
11.0
12.9
13.5
10.3
13.7
20.6
13.4
16.7
13.5
22.1
18.4
16.2
15.4
15.9
18.7
25.5
27.9
12.8
33.0
42.0
44.6
35.2
32.5
32.5
39.0
39.2
36.0
38.8
48.5
50.7
38.1
24.0
10.1
15.7
21.2
13.7
12.5
8.3
1.9
2.3
11.8
2.4
28.2
3.0

Reserve
money

Deposits
Deposits

157.1
168.6
104.1
28.7
36.5
23.1
18.7
49.9
18.6
8.2
21.9
14.5
17.0
19.7
24.9
21.8
19.6
24.7
28.0
25.3
21.8
10.4
25.0
18.7
19.8
35.8
22.8
35.1
42.4
44.5
43.6
38.9
33.0
22.9
22.4
17.7
16.4
40.1
22.9
8.2
3.7
-1.3
1.8
-1.9
10.9
16.5
12.8
8.3
18.3
18.4
22.6
49.3
31.5

74.6
174.8
159.7
44.3
-1.3
26.6
1.4
18.0
32.5
45.2
62.2
66.5
42.3
29.8
32.4
28.6
28.8
33.8
51.0
54.4
54.5
54.1
51.9
53.4
53.0
48.2
44.4
53.2
54.9
54.6
38.7
38.3
40.0
43.8
40.5
38.4
36.4
49.7
48.4
44.5
39.9
31.3
27.0
22.9
18.7
13.2
13.2
3.3
-1.2
-7.7
-5.7
-5.2
-2.8

Current
account

19.1
222.7
19.1
16.0
36.5
52.6
-16.7
22.2
3.7
33.8
50.0
59.0
-10.7
69.8
51.1
59.1
63.0
56.9
46.5
40.1
35.3
21.7
26.1
20.4
31.1
12.6
26.9
22.3
26.8
44.6
45.8
45.0
50.5
60.4
48.0
70.8
52.3
76.5
45.9
60.9
53.8
41.9
38.3
43.6
43.3
31.5
24.3
8.2
4.2
-2.0
4.9
-3.1
-2.3

Domestic
currency
deposits
175.0
121.9
128.1
186.4
33.1
-8.7
27.0
0.4
0.5
31.0
48.4
68.1
63.2
25.3
41.6
43.0
40.0
37.4
42.6
51.3
42.5
42.3
45.5
45.7
44.6
47.6
62.5
64.5
74.4
75.1
76.2
75.3
78.5
82.2
82.2
75.8
72.2
68.3
60.8
52.7
43.2
37.5
27.6
20.1
15.8
9.9
8.3
7.8
1.3
-6.2
-16.1
-17.8
-18.1
-12.9

,
Year on year growth rate of monetary and financial aggregates

continued

End-of-period

1991 12
1992 12
1993 12
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 12
12
12
12
12
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

Foreign Current
currency account
deposits (Foreign
currency)
284.9
-81.4
2014.7
1249.7
46.1
-2.0
137.0
10.0
33.7
41.7
25.3
98.0
4.9
-28.5
72.3
39.5
35.1
0.1
39.6
13.9
51.3
58.9
73.2
98.3
75.6
-14.7
13.5
84.0
17.1
50.9
11.6
55.8
14.9
64.6
20.3
67.9
50.8
46.8
74.6
47.8
75.5
35.5
68.3
14.4
62.3
17.3
68.8
10.0
62.2
23.4
23.3
5.0
9.0
17.5
13.5
14.8
16.0
15.8
14.8
29.2
-13.7
30.5
-17.2
20.8
-18.3
35.3
-10.4
48.6
-11.7
31.1
-11.9
60.1
-13.8
34.2
24.1
53.5
37.1
21.2
48.5
49.8
46.9
37.7
42.0
33.9
47.0
35.2
44.1
54.3
45.8
45.8
27.1
32.8
28.9
21.3
9.3
2.6
14.2
-1.5
17.1
-11.6
29.7
12.5
30.4
4.7
24.8
13.8

Current
Total
account
loans
(Domestic outstanding
currency)
42.8
52.7
3.5
48.8
68.5
65.2
44.5
67.2
20.9
18.7
32.6
3.3
16.6
-22.3
-0.8
70.0
5.4
-9.5
8.3
-13.9
57.5
102.3
42.5
71.4
21.5
91.0
-4.3
37.2
50.0
41.7
51.5
44.1
63.7
48.7
60.7
48.5
40.6
48.7
46.0
46.3
29.3
45.8
35.0
47.8
33.5
46.7
43.2
44.6
39.3
44.5
44.4
43.4
25.7
42.3
41.6
44.6
32.3
47.5
43.0
47.6
71.7
50.5
70.0
50.5
83.8
52.3
73.9
51.0
76.8
63.8
74.8
65.9
86.2
70.9
78.6
66.0
109.3
68.1
77.9
66.7
73.7
67.2
73.2
66.3
52.5
64.9
42.1
64.8
32.2
59.9
40.2
58.1
30.0
48.5
27.9
46.1
15.1
39.5
10.5
36.1
8.1
28.2
-1.8
25.2
-10.9
20.4
-17.6
14.4

Net
foreign
assets

Domestic
credit

-102.6
-178693.1
26.9
74.1
42.6
83.7
-28.7
73.5
20.4
9.2
40.1
-16.9
21.3
83.3
59.2
52.5
61.9
71.8
114.1
105.7
115.1
96.0
92.1
98.7
122.9
98.5
102.5
108.0
103.7
97.0
63.4
60.7
50.6
52.8
44.7
38.6
19.9
19.5
21.2
20.4
10.5
-0.5
-6.8
-7.1
-6.2
-22.1
-26.5
-42.3
-51.0
-49.9
-54.7
-51.4
-46.9

46.5
52.1
101.1
-7.5
98.4
-25.0
101.2
-14.3
-27.3
52.4
54.7
157.3
25.8
18.8
31.5
26.9
27.5
27.0
20.5
20.0
23.6
15.8
10.7
2.9
-0.4
-3.1
-13.3
-3.1
2.5
3.1
10.6
12.8
11.7
28.8
33.6
53.5
52.7
78.4
91.4
94.8
86.7
86.7
88.0
79.4
78.8
74.5
76.8
68.4
73.3
59.1
59.6
49.7
39.3

Net
International
reserves

445.3
47.4
90.0
-19.6
88.7
-25.1
45.7
20.3
13.8
41.1
-42.9
26.8
82.2
59.9
79.6
87.8
85.4
107.2
81.1
93.9
86.1
100.2
114.6
139.7
130.6
167.5
161.3
143.6
158.3
139.9
153.9
140.4
127.6
104.8
80.9
51.3
41.9
31.8
26.4
15.0
11.4
1.5
-2.3
-4.2
-12.2
-17.8
-29.6
-39.8
-34.7
-48.0
-50.1
-48.6

Net
Excahnge rate
internatiomal Togrog
reserves
against
(banking sector)US dollar
-70.0
6.8
184.9
20.7
4.4
62.3
14.4
-6.5
46.4
47.5
17.3
-35.8
10.9
49.9
18.9
23.5
2.3
9.5
0.5
38.4
2.1
-17.1
3.8
0.1
3.5
82.2
1.0
56.1
0.7
51.6
-0.7
62.7
-1.5
71.1
0.3
119.7
-1.2
104.4
-1.8
118.4
-2.0
97.1
-3.1
101.9
-3.9
112.8
-4.6
-17.7
-5.2
115.3
-4.6
137.9
-4.1
142.7
-3.0
131.3
-0.8
125.0
-2.2
82.7
-0.9
83.1
-0.7
67.7
-0.3
68.3
1.7
58.7
1.4
51.0
1.1
288.5
0.7
29.4
0.4
21.3
0.5
20.6
0.7
11.2
0.3
0.8
0.0
-5.1
-0.3
-4.7
-0.5
-3.6
-0.8
-17.5
-3.1
-22.0
-3.2
-38.3
-2.8
-48.2
-0.1
-50.8
8.3
-58.3
17.9
-58.2
25.5
-55.8
30.5


Money supply

in millions of togrogs

(1)

End-of-period

Currency issued in circulation

amount

monthly
changes %

Of which

Bank's
vault

Money (M1)

amount

monthly
changes %

Of which

1990 12
1991 12
1992 12
1993 12
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 12
2001 12
2002 12
2003 12
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

742.7
2,003.0
2,896.4
10,786.1
21,804.8
29,755.7
46,095.8
56,816.5
61,754.2
91,567.5
107,394.4
119,205.8
134,642.8
152,826.6
161,225.1
190,175.8
183,020.2
168,521.1
165,147.7
148,831.3
159,797.2
190,347.0
195,678.8
203,835.2
210 998 3
210,998.3
219,156.3
206,623.7
200,176.3
185,843.3
191,688.3
199,125.3
168,834.2
186,511.1
216,110.6
238,878.4
241,313.2
245,250.9
252,895.2
239,477.2
237,625.6
233,232.3
245,098.9
224,615.1
224,539.6
264,875.0
312,432.3
322,894.9
319,860.0
325,062.4
351,604.5
333,389.7
323,094.0
323,651.7
364,074.4
338,462.7
310,026.9
328,462.5
344,092.3
373,613.3
387,718.8
369,636.8
395,670.4
361,057.2
329,316.5
330,943.3
407,210.5
346,623.4
397,300.9
338,280.4

13.2
3.1
0.8
11.8
3.1
5.7
13.8
7.8
5.7
0.5
1.1
9.2
0.5
-5.7
1.7
-2.0
-9.9
7.4
19.1
2.8
4.2
35
3.5
3.9
-5.7
-3.1
-7.2
3.1
3.9
-15.2
10.5
15.9
10.5
1.0
1.6
3.1
-5.3
-0.8
-1.8
5.1
-8.4
0.0
18.0
18.0
3.3
-0.9
1.6
8.2
-5.2
-3.1
0.2
12.5
-7.0
-8.4
5.9
4.8
8.6
3.8
-4.7
7.0
-8.7
-8.8
0.5
23.0
-14.9
14.6
-14.9

5.7
308.7
1,057.2
2,035.5
3,037.6
4,164.5
4,391.4
7,048.2
5,308.4
4,286.2
6,461.0
10,045.1
13,859.2
21,329.9
21,540.2
19,898.5
20,062.4
25,008.4
28,797.4
32,493.5
27,083.3
26,641.1
30,003.5
27,068.9
30 273 8
30,273.8
29,823.9
32,209.1
38,126.0
32,843.9
39,318.8
45,037.9
38,967.2
41,702.2
41,787.2
43,753.0
43,134.4
52,676.7
48,598.8
50,129.8
56,966.8
52,736.8
59,972.2
50,378.6
56,903.8
48,718.8
60,738.8
55,507.1
57,436.6
58,327.2
61,436.7
66,068.5
59,129.5
61,902.4
80,749.1
72,525.7
64,750.4
71,780.7
70,626.5
69,853.7
79,928.0
68,397.7
72,443.0
74,911.2
66,801.0
67,943.6
78,486.9
68,287.5
91,636.8
65,679.7

Currency outside banks

amount

monthly
changes %
737.0
1,694.3
1,839.2
8,750.6
12.0
18,767.2
5.7
25,591.2
2.6
41,704.4
14.4
49,768.3
4.1
56,445.8
9.2
87,281.3
15.2
100,933.4
7.3
109,160.7
8.2
120,783.6
1.2
131,496.7
-2.1
139,685.0
10.2
170,277.4
0.7
162,957.8
-5.9
143,512.7
3.9
136,350.3
-5.0
116,337.8
-14.7
132,713.9
14.1
163,705.9
23.4
165,675.3
1.2
176,766.3
6.7
180 724 5
180,724.5
22
2.2
189,332.4
4.8
174,414.6
-7.9
162,050.3
-7.1
152,999.4
-5.6
152,369.5
-0.4
154,087.5
1.1
129,867.0
-15.7
144,808.9
11.5
174,323.4
20.4
195,125.4
11.9
198,178.9
1.6
192,574.2
-2.8
204,296.5
6.1
189,347.4
-7.3
180,658.8
-4.6
180,495.5
-0.1
185,126.7
2.6
174,236.5
-5.9
167,635.8
-3.8
216,156.2
28.9
251,693.5
16.4
267,387.9
6.2
262,423.4
-1.9
266,735.2
1.6
290,167.8
8.8
267,321.2
-7.9
263,964.6
-1.3
261,749.3
-0.8
283,325.3
8.2
265,937.0
-6.1
245,276.5
-7.8
256,681.7
4.6
273,465.9
6.5
303,759.6
11.1
307,790.8
1.3
301,239.1
-2.1
323,227.4
7.3
286,146.0
-11.5
262,515.5
-8.3
262,999.8
0.2
328,723.6
25.0
278,335.9
-15.3
305,664.2
9.8
272,600.7
-10.8

4,749.9
7,313.7
7,640.2
18,548.4
32,871.2
42,636.5
64,301.6
76,108.9
82,582.0
114,825.7
130,775.0
156,155.3
187,727.8
212,833.4
210,799.3
254,807.0
241,994.9
221,327.6
211,272.3
197,122.8
213,357.6
248,012.6
255,501.6
277,664.4
278 810 8
278,810.8
293,241.4
273,522.2
262,138.2
253,099.1
269,124.4
267,579.6
262,113.5
274,375.7
292,829.0
326,227.3
328,612.9
325,022.7
343,056.9
331,262.5
320,034.2
325,026.4
331,903.4
334,997.0
342,596.8
401,498.6
455,119.2
490,293.1
502,223.4
497,043.9
535,468.4
515,432.2
523,434.3
519,932.0
590,471.6
551,883.4
549,183.5
577,707.5
583,650.2
620,609.8
624,894.1
624,047.6
642,216.9
603,473.3
561,252.6
548,309.3
660,615.9
559,118.9
576,330.5
537,091.5

-8.8
-0.4
-0.4
14.7
4.0
9.4
14.9
8.9
6.9
6.9
4.4
6.4
7.4
-4.7
4.1
-4.5
-6.7
8.2
16.2
3.0
8.7
04
0.4
5.2
-6.7
-4.2
-3.4
6.3
-0.6
-2.0
4.7
6.7
11.4
0.7
-1.1
5.5
-3.4
-3.4
1.6
2.1
0.9
2.3
17.2
13.4
7.7
2.4
-1.0
7.7
-3.7
1.6
-0.7
13.6
-6.5
-0.5
5.2
1.0
6.3
0.7
-0.1
2.9
-6.0
-7.0
-2.3
20.5
-15.4
3.1
-6.8

Current
account
(Dom. currency)
3,915.9
5,592.1
5,789.8
9,757.2
14,104.0
17,045.3
22,597.2
26,340.6
26,136.2
27,544.4
29,841.6
46,994.6
66,944.1
81,336.7
71,114.3
84,529.6
79,037.1
77,814.9
74,922.0
80,785.0
80,643.7
84,306.7
89,826.3
100,898.0
98 086 3
98,086.3
103,909.0
99,107.6
100,087.9
100,099.7
116,754.9
113,492.1
132,246.5
129,566.8
118,505.6
131,102.0
130,434.0
132,448.5
138,760.5
141,915.1
139,375.3
144,530.8
146,776.7
160,760.5
174,961.0
185,342.4
203,425.7
222,905.2
239,800.0
230,308.7
245,300.7
248,111.1
259,469.8
258,182.7
307,146.3
285,946.5
303,907.0
321,025.8
310,184.3
316,850.2
317,103.3
322,808.4
318,989.5
317,327.3
298,737.1
285,309.5
331,892.3
280,782.9
270,666.4
264,490.8
3


Money supply

continued

End-of-period

1990 12
1991 12
1992 12
1993 12
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 12
2001 12
2002 12
2003 12
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

Quasi money

amount

()
monthly
Current
changes %
account
(Banks)
97.0
883.2
2,601.1
5,412.1
24,215.8
10.6
43,905.8
-2.6
59,408.1
-4.7
64,093.7
-4.0
93,956.6
13.0
84,667.6
-0.5
105,341.3
-1.6
128,067.7
2.1
174,908.9
3.0
282,397.8
3.8
490,499.0
15.8
529,391.3
1.2
557,364.5
0.9
585,255.1
-0.5
625,704.9
-0.2
647,462.6
3.5
662,992.0
2.4
679,616.2
2.5
684,463.4
0.7
716,631.3
4.7
731,924.1
2.1
761 332 4
761,332.4
40
4.0
787,961.6
3.5
838,852.7
6.5
850,661.3
1.4
857,516.1
0.8
871,014.4
1.6
878,891.2
0.9
883,278.8
0.5
916,865.6
3.8
958,408.2
4.5
1,076,520.2
12.3
1,120,923.4
4.1
1,147,752.1
2.4
1,147,853.6
0.0
1,208,172.2
5.3
1,226,302.4
1.5
1,261,053.4
2.8
1,204,590.0
-4.5
1,221,013.9
1.4
1,285,170.9
5.3
1,345,255.8
4.7
1,428,505.6
6.2
1,475,801.1
3.3
1,513,866.8
2.6
1,597,615.7
5.5
1,659,946.0
3.9
1,676,505.5
1.0
1,740,922.4
3.8
1,715,148.7
-1.5
1,810,778.1
5.6
1,755,432.1
-3.1
1,868,412.7
6.4
1,877,439.7
0.5
1,883,037.6
0.3
1,896,008.5
0.7
1,939,790.0
2.3
1,971,535.5
1.6
1,934,607.6
-1.9
1,921,537.3
-0.7
1,796,456.5
-6.5
1,693,506.9
-5.7
1,658,251.3
-2.1
1,700,856.1
2.6
1,800,793.6
5.9
1,876,206.8
4.2

Of which

Domestic
currency
deposits
726.3
1,996.9
4,430.2
10,103.1
28,937.5
38,529.1
35,164.2
44,673.8
44,840.1
45,052.3
59,004.3
87,590.4
147,211.7
240,280.1
272,769.8
284,331.0
287,009.8
300,976.4
312,267.2
328,770.8
347,514.7
340,492.9
338,352.0
371,051.0
384 609 8
384,609.8
384,715.4
402,581.0
425,198.7
434,454.3
426,033.6
446,686.3
460,269.0
477,315.2
485,462.2
511,760.6
528,741.6
547,143.3
559,724.0
586,458.1
614,829.9
641,306.8
692,483.4
734,902.8
802,675.3
835,676.4
855,496.0
897,146.0
944,032.3
996,877.3
1,019,702.1
1,031,160.0
1,058,746.0
1,079,409.4
1,113,729.7
1,121,925.2
1,149,065.7
1,149,303.5
1,091,227.7
1,077,329.3
1,092,859.0
1,095,655.6
1,104,663.1
1,111,986.0
1,072,371.1
1,011,971.4
934,092.0
922,629.7
940,944.5
1,001,417.2

(2)

Of which

Individuals

726.3
1,553.3
2,985.7
7,969.6
25,287.3
36,602.7
33,819.1
42,892.7
42,044.5
43,257.9
54,125.9
79,321.6
137,182.7
228,133.5
259,914.4
270,335.1
270,634.3
287,894.4
298,234.1
309,224.3
325,127.1
319,574.4
315,445.5
346,587.8
360 992 6
360,992.6
340,952.0
367,789.8
376,276.9
386,252.5
399,980.0
412,001.5
430,645.2
445,639.2
446,255.3
475,582.3
498,240.6
515,867.8
530,341.8
550,111.8
577,650.1
598,955.8
647,774.2
687,742.5
754,942.5
786,524.9
800,771.8
838,129.4
872,878.8
912,256.7
933,639.7
935,610.7
954,998.8
975,460.3
1,014,880.8
1,034,850.0
1,063,357.0
1,065,250.8
1,004,197.2
984,752.0
986,760.4
980,549.0
985,065.5
982,604.1
949,584.7
893,529.9
833,272.4
816,595.1
839,313.9
894,900.5

Corporate
443.6
1,444.5
2,133.5
3,650.2
1,926.4
1,345.1
1,781.1
2,795.6
1,794.4
4,878.4
8,268.7
10,029.0
12,146.6
12,855.4
13,995.9
16,375.5
13,082.0
14,033.1
19,546.6
22,387.6
20,918.5
22,906.5
24,463.2
23 617 2
23,617.2
43,763.4
34,791.2
48,921.8
48,201.8
26053.6*
34,684.8
29,623.8
31,676.1
39,206.9
36,178.3
30,501.0
31,275.5
29,382.2
36,346.3
37,179.8
42,351.1
44,709.3
47,160.3
47,732.8
49,151.5
54,724.2
59,016.6
71,153.5
84,620.7
86,062.3
95,549.4
103,747.2
103,949.0
98,848.9
87,075.2
85,708.7
84,052.8
87,030.5
92,577.3
106,098.7
115,106.6
119,597.5
129,381.9
122,786.4
118,441.5
100,819.6
106,034.6
101,630.6
106,516.7

Foreign
currency
deposits
157.0
604.2
112.5
2,378.0
3,474.1
8,233.1
11,006.8
13,795.6
14,468.6
24,925.9
33,681.9
47,017.1
71,147.8
123,253.9
152,842.0
160,929.0
186,002.3
216,434.0
217,519.3
220,944.3
215,566.3
219,594.1
237,557.8
219,213.0
225 450 5
225,450.5
235,586.9
244,643.2
244,167.6
251,869.0
245,675.0
254,634.6
246,550.3
247,707.4
264,067.0
358,141.4
382,789.2
395,566.2
396,381.7
396,934.5
412,125.6
408,577.3
302,921.7
277,463.9
279,842.6
287,407.4
303,130.1
309,090.0
316,914.4
323,247.2
355,266.9
350,625.3
363,061.3
352,319.6
375,987.2
380,535.0
415,702.1
422,249.3
430,456.5
454,228.3
456,723.0
471,167.1
451,467.0
451,975.6
396,720.8
402,408.1
440,199.5
493,644.4
541,914.8
526,807.9

Current
account

Money (M2)

amount

monthly
changes %

(For.currency)

869.4
11,734.7
11,494.2
12,645.9

17,922.7
35,487.2
25,358.9
35,363.2
35,381.5
40,301.5
64,038.2
126,965.0
103,779.5
112,104.5
112,243.0
108,294.5
117,676.1
113,276.9
116,535.1
124,376.3
140,721.4
141,660.1
151 272 1
151,272.1
167,659.3
191,628.5
181,295.0
171,192.8
199,305.8
177,570.3
176,459.5
191,842.9
208,879.1
206,618.2
209,392.6
205,042.7
191,747.9
224,779.5
199,346.9
211,169.3
209,184.9
208,647.2
202,653.1
222,172.0
269,879.5
269,565.1
252,920.0
277,491.2
284,977.1
294,720.1
319,115.1
283,419.7
321,061.2
252,971.9
303,644.8
305,886.9
361,353.4
364,450.9
390,208.0
404,712.8
378,477.5
357,575.8
327,364.6
279,127.4
283,959.8
284,582.0
317,934.2
347,981.8

5,633.1
9,914.8
13,052.3
42,764.2
76,777.0
102,044.6
128,395.3
170,065.5
167,249.6
220,167.0
258,842.6
331,064.3
470,125.6
703,332.4
740,190.6
812,171.5
827,250.0
847,032.4
858,734.9
860,114.8
892,973.8
932,476.0
972,132.9
1,009,588.5
1 040 143 3
1,040,143.3
1,081,203.0
1,112,374.9
1,112,799.5
1,110,615.1
1140138.8*
1,146,470.7
1,145,392.3
1,191,241.3
1,251,237.3
1,402,747.6
1,449,536.2
1,472,774.8
1,490,910.5
1,539,434.7
1,546,336.6
1,586,079.8
1,536,493.3
1,556,010.9
1,627,767.8
1,746,754.4
1,883,624.8
1,966,094.3
2,016,090.2
2,094,659.6
2,195,414.5
2,191,937.7
2,264,356.7
2,235,080.6
2,401,249.7
2,307,315.5
2,417,596.2
2,455,147.2
2,466,687.8
2,516,618.3
2,564,684.1
2,595,583.1
2,576,824.5
2,525,010.7
2,357,709.1
2,241,816.2
2,318,867.2
2,259,975.0
2,377,124.1
2,413,298.3

1.2
-1.7
-2.9
4.5
8.8
4.2
6.3
5.4
4.8
5.0
12.1
2.6
2.9
-1.8
0.9
1.4
0.2
3.8
4.4
4.3
3.9
30
3.0
3.9
2.9
0.0
-0.2
2.7
0.6
-0.1
4.0
5.0
12.1
3.3
1.6
1.2
3.3
0.4
2.6
-3.1
1.3
4.6
7.3
7.8
4.4
2.5
3.9
4.8
-0.2
3.3
-1.3
7.4
-3.9
4.8
1.6
0.5
2.0
1.9
1.2
-0.7
-2.0
-6.6
-4.9
3.4
-2.5
5.2
1.5
4


Monetary survey

in millions of togrogs

End-of-period

()

Of which

Net foreign

Domestic

assets

credit (net)

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
2000 12
2001 12
2002 12
2003 121
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03
1
2
2

495.4
-27.0
23,395.7
29,699.3
42,796.8
51,709.7
73,733.6
135,437.2
96,557.5
167,541.5
201,696.9
220,165.7
308,507.4
256,341.5
269,113.3
273,072.5
298,850.9
311,005.2
341,477.3
351,432.4
355,953.1
372,190.3
377,715.6
398,458.6
419,683.2
469,307.9
506,890.1
518,417.0
503,056.8
570,198.7
543,759.0
535,932.9
576,426.1
639,396.8
808,617.6
819,508.4
902,601.1
919,807.0
973,853.2
1,030,017.5
1,121,292.6
1,131,772.5
1,100,902.0
1,114,748.5
1,174,464.0
1,259,374.8
1,321,216.6
1,316,665.5
1,359,079.5
1,405,740.4
1,409,522.6
1,427,842.0
1,344,207.8
1,352,046.2
1,334,265.2
1,342,590.0
1,297,695.4
1,253,458.1
1,230,973.8
1,223,350.9
1,274,518.2
1,095,287.9
1,035,442.0
824,195.6
658,585.3
677,106.4
604,174.5
652,473.7
688,960.2

10,971.2
16,078.2
24,460.3
49,190.3
49,646.7
45,494.7
90,240.4
67,635.4
136,062.0
116,635.6
84,831.1
129,259.5
200,027.4
514,615.2
550,248.3
587,827.4
614,054.2
647,305.1
621,735.9
630,698.3
656,792.2
680,110.2
697,576.5
722,028.0
709,345.0
726,048.5
737,705.6
732,782.7
764,734.6
769,004.62
817,444.6
800,078.1
837,634.7
863,821.1
840,337.1
866,442.9
877,066.2
840,496.6
816,958.7
753,960.4
761,366.8
745,404.8
708,350.4
775,250.2
858,887.2
890,479.5
929,679.6
977,750.0
979,827.0
1,082,496.4
1,091,172.3
1,157,288.0
1,162,499.1
1,329,532.9
1,355,904.0
1,510,135.0
1,603,434.8
1,662,519.9
1,747,506.2
1,753,657.0
1,752,092.0
1,888,901.3
1,928,681.0
1,949,418.9
2,015,182.9
2,115,355.8
2,164,325.2
2,260,160.1
2,234,239.9

: Of which:

General

Central

Local

Other financial

Government

Government

Government

corporations

-1,883.7
-3,051.7
-7,143.4
-3,773.1
-14,688.9
-17,227.8
19,920.3
13,352.1
41,460.0
34,555.7
17,171.2
-6,829.1
-32,439.3
96,687.3
77,945.9
61,165.9
46,391.0
40,506.5
7,437.4
22,412.9
15,718.6
19,772.9
11,792.5
1,353.7
-25,465.9
-26,319.1
-37,364.2
-48,464.1
-59,196.8
-90,847.2
-67,912.6
67,912.6
-104,552.8
-114,042.7
-117,964.7
-162,695.7
-184,466.7
-209,105.3
-263,564.6
-303,950.9
-375,329.2
-420,030.7
-477,882.5
-571,814.0
-558,832.9
-545,685.9
-587,127.5
-580,058.8
-622,470.7
-660,543.5
-725,612.5
-767,948.6
-772,390.9
-798,579.6
-726,528.0
-777,542.6
-720,379.0
-732,494.0
-774,010.5
-740,088.6
-805,776.0
-841,434.9
-796,374.5
-788,177.6
-741,864.7
-652,936.3
-520,195.8
-507,669.1
-425,141.5
-437,486.7

82,772.0
67,627.6
53,313.5
45,022.0
14,347.2
29,003.5
21,303.2
26,006.3
17,651.1
6,891.6
-19,261.1
-21,091.8
-32,586.6
-44,013.0
-54,941.2
-87,822.4
-64,056.5
64,056.5
-100,368.7
-110,040.3
-112,376.6
-157,177.8
-178,133.0
-202,716.8
-256,821.6
-297,407.6
-367,225.1
-412,315.6
-470,640.1
-561,881.8
-549,147.8
-537,827.8
-576,466.3
-568,931.0
-611,969.3
-649,373.7
-715,049.0
-756,170.4
-760,585.8
-787,655.1
-719,606.1
-764,880.2
-710,290.0
-724,161.0
-763,457.1
-727,565.8
-794,838.7
-828,737.1
-785,051.6
-776,727.4
-731,811.8
-642,107.8
-510,722.8
-497,365.2
-414,643.3
-427,195.2

-4,826.0
-6,461.7
-6,922.5
-4,515.6
-6,909.8
-6,590.6
-5,584.6
-6,233.4
-5,858.6
-5,537.9
-6,204.8
-5,227.3
-4,777.7
-4,451.1
-4,255.6
-3,024.9
-3,856.2
3,856.2
-4,184.1
-4,002.4
-5,588.1
-5,517.9
-6,333.7
-6,388.5
-6,743.0
-6,543.2
-8,104.1
-7,715.1
-7,242.4
-9,932.2
-9,685.1
-7,858.1
-10,661.2
-11,127.8
-10,501.3
-11,169.9
-10,563.5
-11,778.2
-11,805.1
-10,924.5
-6,921.9
-12,662.4
-10,089.0
-8,333.0
-10,553.5
-12,522.8
-10,937.3
-12,697.8
-11,322.9
-11,450.2
-10,052.9
-10,828.5
-9,473.0
-10,303.9
-10,498.2
-10,291.6

123.7
516.6
439.0
455.1
845.9
681.1
491.4
743.9
745.2
1,587.0
1,048.9
1,084.6
807.1
929.7
842.2
498.8
571.8
780.3
946.3
1,142.3
1,301.5
1,221.9
1,550.4
1,733.0
1,517.7
2,505.3
1,485.1
1,597.1
1,531.0
2,588.9
2,605.8
2,834.0
2,451.4
2,437.1
1,349.8
1,890.8
2,025.3
2,846.7
2,747.5
2,828.5
3,568.9
3,990.8
5,723.8
9,492.7
7,729.6
8,520.5
7,459.0
5,064.2
4,442.2
5,227.2
4,497.8
3,412.1
3,934.3
3,278.4
4,039.9

The data of December is revised according to reclassification of loans to non-residents

(2005 12 -2006 8- ).
Data are revised, according to the changes in budge,


Monetary survey

continued

End-of-period

Total assets

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
2000 12
2001 12
2002 12
2003 121
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03
1
2
2

Public

Private

sector

sector

9,779.6
12,204.2
21,744.4
12,193.3
8,892.2
10,883.3
14,520.3
11,713.0
18,295.6
8,564.5
6,281.5
10,402.0
12,184.9
16,203.6
16,633.2
15,410.9
14,743.8
13,125.7
13,113.5
15,216.1
13,868.3
16,355.5
17,733.7
22,295.2
24,183.8
17,070.6
21,194.9
20,924.7
21,987.4
34,169.2
36,669.8
35,045.4
29,158.7
24,843.7
26,894.4
29,816.4
33,574.6
28,931.0
32,749.0
31,147.0
31,676.9
36,731.6
34,991.1
36,437.9
38,207.6
36,051.3
23,141.8
25,409.5
21,653.4
23,436.7
22,979.8
20,139.3
18,132.7
27,331.8
32,307.5
31,830.7
31,726.2
22,429.4
10,826.0
10,977.9
14,331.2
17,206.9
19,053.9
18,413.0
23,977.7
34,794.6
26,411.5
25,436.3
26,158.4

3,075.3
6,925.7
9,859.3
40,638.0
55,297.8
51,653.5
22,851.9
28,112.6
43,667.5
31,408.6
45,482.9
114,670.4
203,567.2
365,024.4
279,126.6
315,218.4
334,519.1
365,057.9
358,750.6
354,971.8
376,332.2
385,795.8
397,800.3
418,590.5
431,354.0
436,132.4
442,998.2
443,639.2
471,351.1
489,064.7
496,164.5
508,904.2
544,639.2
561,434.1
563,656.9
590,566.2
618,077.6
612,743.0
607,338.3
606,473.2
639,301.1
659,019.3
692,193.1
731,510.3
776,783.7
835,943.2
874,857.8
937,067.2
954,650.4
1,061,048.0
1,081,407.4
1,115,052.5
1,121,277.0
1,166,149.5
1,183,043.6
1,261,279.5
1,287,578.5
1,348,231.4
1,422,272.7
1,472,125.9
1,491,902.6
1,530,246.2
1,556,911.6
1,555,213.6
1,553,081.3
1,570,398.9
1,631,658.9
1,653,170.0
1,672,342.0

Individuals

Other

Unclassified
loans

0.0
0.0
0.0
132.1
145.6
185.7
32,947.9
14,457.7
32,638.9
42,106.7
15,895.6
11,016.2
16,714.5
36,700.0
160,402.0
180,962.7
201,874.2
210,931.1
224,693.6
221,895.1
233,706.2
239,204.3
250,603.4
262,786.4
262,860.8
282,906.3
294,561.9
300,194.7
314,154.3
321,606.8
337,689.3
346,969.9
363,811.0
377,175.2
393,537.4
413,244.1
417,405.3
445,154.1
461,241.8
470,830.6
491,852.5
507,570.0
530,832.8
543,075.1
566,658.6
581,557.9
590,818.0
616,179.5
643,527.9
701,676.5
733,341.1
772,387.8
798,409.3
838,778.5
893,461.6
912,735.6
987,330.7
1,032,513.9
1,022,715.5
1,031,501.6
1,042,917.5
1,086,846.2
1,090,062.8
1,070,006.2
1,051,091.4
1,013,694.2
995,905.1
989,544.2
963,525.9

16,016.8
14,553.0
16,087.1
17,228.9
16,894.9
15,521.3
16,675.5
18,237.8
18,901.4
15,415.3
15,363.4
15,173.8
15,507.7
15,558.4
15,596.4
14,512.4
14,261.8
12,931.1
13,122.3
17,190.5
17,642.7
16,061.0
15,563.7
15,500.0
18,062.8
18,333.4
17,081.9
18,369.3
20,616.4
20,470.9
20,317.5
21,220.4
18,469.5
19,127.4
19,189.0
20,056.9
19,367.3
19,252.6
20,512.1
20,972.4
21,065.0
20,677.4
23,569.6
23,863.1
24,051.1
36,307.1
36,916.6
45,912.3
46,388.1
42,423.6
35,471.0
13,251.7
14,084.4
13,872.6
5,660.2

11,466.6
16,051.2
47,856.0
78,889.6
92,443.5
97,204.4
163,974.0
203,072.6
232,619.5
284,177.1
286,528.0
349,425.2
508,534.8
770,956.7
819,361.5
860,899.9
912,905.1
958,310.2
963,213.3
982,130.7
1,012,745.3
1,052,300.5
1,075,292.1
1,120,486.6
1,129,028.1
1,195,356.4
1,244,595.8
1,251,199.6
1,267,791.4
1,339,203.3
1,361,203.6
1,336,011.0
1,414,060.8
1,503,217.9
1,648,954.7
1,685,951.3
1,779,667.3
1,760,303.6
1,790,811.9
1,783,977.9
1,882,659.4
1,877,177.3
1,809,252.4
1,889,998.7
2,033,351.3
2,149,854.3
2,250,896.2
2,294,415.5
2,338,906.5
2,488,236.8
2,500,694.8
2,585,130.0
2,506,706.9
2,681,579.0
2,690,169.3
2,852,725.0
2,901,130.3
2,915,978.0
2,978,480.0
2,977,007.8
3,026,610.2
2,984,189.2
2,964,123.0
2,773,614.5
2,673,768.2
2,792,462.2
2,768,499.7
2,912,633.8
2,923,200.0

The data of December is revised according to reclassification of loans to non-residents

(2005 12 -2006 8- ).
Data are revised, according to the changes in budget fund recording (Dec,2005-Aug,2006).


Monetary survey

continued

()

End-of-period

Money

Quasi-Money

Government lending loans

Other items (net)

Total liabilities

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
2000 12
2001 12
2002 12
2003 12**
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

7,313.7
7,640.2
18,548.4
32,871.2
41,893.7
42,636.5
64,301.6
76,108.9
82,582.0
114,825.7
130,775.0
156,155.3
187,727.8
212,833.4
210,799.3
254,807.0
241,994.9
221,327.6
211,272.3
197,122.8
213,357.6
248,012.6
255,501.6
277,664.4
278,810.8
293,241.4
273,522.2
262,138.2
253,099.1
269,124.4
267,579.6
262,113.5
274,375.7
292,829.0
326,227.3
328,612.9
325,022.7
343,056.9
331,262.5
320,034.2
325,026.4
331,903.4
334,997.0
342,596.8
401,498.6
455,119.2
490,293.1
502,223.4
497,043.9
535,468.4
515,432.2
523,434.3
519,932.0
590,471.6
551,883.4
549,183.5
577,707.5
583,650.2
620,609.8
624,894.1
624,047.6
642,216.9
603,473.3
561,252.6
548,309.3
660,615.9
559,118.9
576,330.5
537,091.5

2,601.2
5,412.1
24,215.8
43,905.8
62,986.3
59,408.2
64,093.7
93,956.6
84,667.6
105,341.3
128,067.7
174,908.9
282,397.8
490,499.0
529,391.3
557,364.5
585,255.1
625,704.9
647,462.6
662,992.0
679,616.2
684,463.4
716,631.3
731,924.1
761,332.4
787,960.4
838,852.7
850,661.3
857,516.1
871,014.4
878,891.2
883,278.8
916,865.6
958,408.2
1,076,520.2
1,120,923.4
1,147,752.1
1,147,853.6
1,208,172.2
1,226,302.4
1,261,053.4
1,204,590.0
1,221,013.9
1,285,170.9
1,345,255.8
1,428,505.6
1,475,801.1
1,513,866.8
1,597,615.7
1,659,946.0
1,676,505.5
1,740,922.4
1,715,148.7
1,810,778.1
1,755,432.1
1,868,412.7
1,877,439.7
1,883,037.6
1,896,008.5
1,939,790.0
1,971,535.5
1,934,607.7
1,921,537.3
1,796,456.5
1,693,506.8
1,658,251.3
1,700,856.1
1,800,793.6
1,876,206.8

17,420.2
18,882.1
18,824.5
18,171.5
18,198.1
17,865.2
15,046.8
15,354.9
16,372.8
15,272.5
17,392.5
17,272.7
16,929.6
17,843.5
17,813.9
17,425.7
17,601.8
17,577.6
16,523.9
16,656.6
16,557.5
18,078.2
18,006.6
18,765.0
18,626.3
17,457.3
17,577.9
17,097.1
17,013.1
16,712.5
14,670.6
17,548.1
18,375.0
17,242.1
17,779.4
17,620.0
16,709.8
17,021.4
17,574.0
16,576.0
16,563.9
16,260.0
18,364.1
17,383.8
16,790.9
15,517.9
15,562.0
18,122.4
18,495.5
19,458.1
20,449.5

1,551.7
2,998.9
5,091.8
2,112.6
-12,436.5
-4,840.3
35,578.7
33,007.1
65,369.9
64,010.1
27,685.4
18,360.9
38,409.2
67,624.3
79,170.9
48,728.4
85,655.1
111,277.8
87,058.2
103,133.7
100,946.9
101,653.0
84,961.2
93,032.9
73,838.1
98,799.7
115,848.1
123,127.7
139,783.8
181,791.8
197,803.3
172,775.2
205,005.6
234,554.9
228,605.4
218,837.4
290,368.6
252,736.5
234,819.7
219,563.1
278,573.0
321,918.9
234,615.3
244,773.6
269,019.0
249,132.3
267,788.9
261,612.8
229,576.3
275,274.2
290,382.1
303,531.1
253,846.8
262,709.3
366,144.0
418,107.4
428,409.1
432,714.2
445,297.9
396,063.6
412,663.0
389,980.8
422,321.4
400,387.5
416,390.1
455,472.5
490,029.3
516,051.6
489,452.3

11,466.6
16,051.2
47,856.0
78,889.6
92,443.5
97,204.4
163,974.0
203,072.6
232,619.5
284,177.1
286,528.0
349,425.2
508,534.8
770,956.7
819,361.5
860,899.9
912,905.1
958,310.2
963,213.3
982,130.7
1,012,745.3
1,052,300.5
1,075,292.1
1,120,486.6
1,129,028.1
1,195,356.4
1,244,595.8
1,251,199.6
1,267,791.4
1,339,203.3
1,361,203.6
1,336,011.0
1,414,060.8
1,503,217.9
1,648,954.7
1,685,951.3
1,779,667.3
1,760,303.6
1,790,811.9
1,783,977.9
1,882,659.4
1,877,177.3
1,809,252.4
1,889,998.7
2,033,351.3
2,149,854.3
2,250,896.2
2,294,415.5
2,338,906.5
2,488,236.8
2,500,694.8
2,585,130.0
2,506,706.9
2,681,579.0
2,690,169.3
2,852,725.0
2,901,130.3
2,915,978.0
2,978,480.0
2,977,007.8
3,026,610.2
2,984,189.2
2,964,123.0
2,773,614.5
2,673,768.2
2,792,462.2
2,768,499.7
2,912,633.8
2,923,200.0

10


Balance sheet of Monetary Authorities

(for Monetary Survey)

in millions of togrogs

End-of-period

Foreign Assets

Claims on

Total assets

General

Public sector

Private sector

Non-Bank

Government

Banks

financial
institutions

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
12
12
12
12**
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

1,989.0
2,212.3
25,615.6
42,589.0
48,137.4
54,544.5
67,811.4
113,769.2
114,166.1
173,895.5
209,409.6
227,993.2
301,875.6
237,578.1
230,559.6
236,279.2
241,630.1
252,331.8
274,155.7
259,208.8
273,014.1
271,850.8
274,811.7
301,192.5
315,128.6
336,102.1
359,054.4
376,644.2
388,933.1
414,620.6
404,858.3
416,189.5
454,519.5
455,804.0
509,056.7
509,010.7
559,757.1
584,157.7
647,221.8
716,441.0
812,912.5
838,510.5
943,846.9
972,479.6
1,029,211.1
1,076,529.0
1,130,451.9
1,170,561.4
1,255,572.7
1,265,794.2
1,275,409.0
1,267,962.8
1,217,685.1
1,173,166.2
1,232,818.1
1,221,757.0
1,178,447.8
1,189,363.1
1,136,918.2
1,133,869.4
1,187,902.0
1,074,746.6
1,012,420.1
866,902.6
735,925.9
836,153.7
766,329.1
777,765.2
796,730.1

82.0
0.0
759.2
6,405.3
1,513.3
433.7
38,361.2
23,979.6
26,120.9
24,234.4
19,658.8
13,570.5
0.0
164,216.0
121,000.0
119,000.0
119,000.0
105,300.0
105,300.0
105,300.0
103,647.9
103,300.1
103,387.0
103,734.8
103,734.8
104,778.3
105,647.8
106,169.5
106,778.2
99,372.9
94,063.7
92,749.8
90,740.2
92,131.5
90,817.5
90,585.6
73,217.8
73,193.6
70,507.2
70,441.5
44,928.0
34,443.8
33,696.0
33,696.0
33,696.0
33,696.0
33,696.0
33,696.0
23,696.0
23,696.0
23,696.0
23,696.0
23,696.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
60,000.0
61,147.2

0.0
0.0
0.0
0.0
0.0
0.0
5,513.4
3,908.3
8,960.1
4,565.4
903.2
867.6
866.6
556.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

2.8
1.3
9.2
6.5
8.1
1.5
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

150.3
150.3

1,528.5
6,152.7
6,637.3
10,374.9
8,713.5
7,739.5
1,712.4
3,092.8
5,631.5
6,651.2
4,777.0
7,347.6
8,038.0
12,688.7
19,488.2
16,142.7
21,569.3
22,331.5
21,550.2
22,153.3
22,001.5
21,304.3
20,963.9
18,963.6
16,931.6
17,893.4
18,291.5
18,314.8
18,465.4
17,743.8
17,989.8
17,759.1
17,797.5
17,952.7
18,041.7
17,808.6
16,095.4
16,668.6
17,537.4
15,821.8
17,554.9
18,191.3
18,467.0
19,679.3
22,209.6
22,074.1
22,032.7
19,960.9
18,107.1
18,715.9
21,886.0
21,541.1
22,108.3
18,549.7
17,554.4
18,720.5
21,282.6
23,149.1
23,599.5
16,774.4
17,231.1
64,223.7
53,526.4
92,333.7
185,098.2
243,076.9
244,339.1
250,443.6
234,104.9

3,602.3
8,366.3
33,021.3
59,375.7
58,372.3
62,719.2
113,398.5
144,749.9
154,878.6
209,346.6
234,748.6
249,929.2
310,930.5
415,039.0
371,047.8
371,421.9
382,199.4
379,963.3
401,005.9
386,662.1
398,663.5
396,455.2
399,162.7
423,890.9
435,795.0
458,773.8
482,993.7
501,128.6
514,176.6
531,737.3
516,911.8
526,698.3
563,057.2
565,888.2
617,915.9
617,404.9
649,070.4
674,019.9
735,266.4
802,704.3
875,395.4
891,145.6
996,009.9
1,025,854.9
1,085,116.7
1,132,299.1
1,186,180.6
1,224,218.4
1,297,375.9
1,308,206.1
1,320,991.0
1,313,200.0
1,263,489.4
1,191,715.9
1,250,372.5
1,240,477.5
1,199,730.4
1,212,512.1
1,160,517.8
1,150,643.8
1,205,133.1
1,138,970.3
1,065,946.5
959,236.3
921,024.1
1,079,230.6
1,010,668.3
1,088,208.8
1,091,982.2

11


Balance sheet of Monetary Authorities

(for Monetary Survey)

continued

End-of-period

Monetary base

Of which

Currency outside

Bank's cash

Banks' deposits

banks

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
12
12
12
12**
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

2,068.1
5,316.2
14,277.1
29,139.1
35,430.5
37,507.7
51,210.2
63,017.1
74,778.7
112,073.6
132,932.4
143,785.4
175,305.4
200,795.5
228,937.0
245,126.3
255,429.8
234,905.4
249,972.8
243,872.8
253,101.5
275,444.8
283,778.3
295,601.4
298,432.8
334,590.2
297,031.1
314,759.7
297,686.4
281,236.3
312,294.8
297,014.6
302,590.9
343,374.5
363,188.2
370,521.2
363,378.0
369,529.4
371,227.4
373,532.6
356,561.6
381,792.0
383,588.8
401,314.0
431,034.1
496,012.3
521,640.5
514,656.9
483,436.0
454,220.3
454,286.5
439,776.4
415,073.6
535,047.7
471,407.0
434,145.2
447,109.3
489,337.1
531,285.6
505,056.2
535,979.9
529,024.4
512,573.6
476,188.5
491,052.8
633,230.7
577,848.6
648,330.2
587,775.2

1,694.3
1,839.2
8,750.6
18,767.2
25,034.7
25,591.2
41,704.4
49,768.3
56,445.8
87,281.3
100,933.4
109,160.7
120,783.6
131,496.7
139,685.0
170,277.4
162,957.8
143,512.7
136,350.3
116,337.8
132,713.9
163,705.9
165,675.3
176,766.3
180,724.5
189,332.4
174,414.6
162,050.3
152,999.4
152,369.5
154,087.5
129,867.0
144,808.9
174,323.4
195,125.4
198,178.9
192,574.2
204,296.5
189,347.4
180,658.8
180,495.5
185,126.7
174,236.5
167,635.8
216,156.2
251,693.5
267,387.9
262,423.4
266,735.2
290,167.8
267,321.2
263,964.6
261,749.3
283,325.3
265,937.0
245,276.5
256,681.7
273,465.9
303,759.6
307,790.8
301,239.1
323,227.4
286,146.0
262,515.5
262,999.8
328,723.6
278,335.9
305,664.2
272,600.7

308.7
1,057.2
2,035.5
3,037.6
3,886.4
4,141.9
4,391.4
7,048.2
5,308.4
4,286.2
6,461.0
10,045.1
13,859.2
21,329.9
21,540.2
19,898.5
20,062.4
25,008.4
28,797.4
32,493.5
27,083.3
26,641.1
30,003.5
27,068.9
30,273.8
29,823.9
32,209.1
38,126.0
32,843.9
39,318.8
45,037.9
38,967.2
41,702.2
41,787.2
43,753.0
43,134.4
52,676.7
48,598.8
50,129.8
56,966.8
52,736.8
59,931.8
50,328.3
56,845.3
48,655.8
60,681.3
55,417.7
57,355.8
58,274.9
61,384.0
66,011.4
59,080.5
61,846.4
80,695.9
72,457.0
64,695.7
71,723.1
70,569.7
69,790.2
79,868.9
68,346.0
72,379.9
74,853.2
66,750.0
67,889.9
78,431.5
68,239.5
91,568.5
65,620.1

37.8
2,408.6
3,450.4
7,334.3
6,509.4
7,774.6
5,114.4
6,200.6
13,024.5
20,506.1
25,538.0
24,579.6
40,662.6
47,968.8
67,711.9
54,950.4
72,409.6
66,384.3
84,825.1
95,041.6
93,304.4
85,097.8
88,099.5
91,766.2
87,434.5
115,433.9
90,407.4
114,583.4
111,843.0
89,548.0
113,169.4
128,180.4
116,079.8
127,263.9
124,309.8
129,208.0
118,127.1
116,634.2
131,750.2
135,907.0
123,329.3
136,733.5
159,024.0
176,832.9
166,222.0
183,637.6
198,834.9
194,877.7
158,425.9
102,668.5
120,953.9
116,731.4
91,477.8
171,026.5
133,013.0
124,173.0
118,704.4
145,301.5
157,735.8
117,396.5
166,394.7
133,417.1
151,574.4
146,923.0
160,163.2
226,075.6
231,273.1
251,097.6
249,554.4

Time Savings &

Private sector

Public sector

Foreign currency

deposits

deposits

deposits

0.0
0.0

27.3
11.2
40.6
0.0
0.0
0.0

0.1
0.0
0.0
0.0
0.0

12


Balance sheet of Monetary Authorities

(for Monetary Survey)

continued

End-of-period

()

()

Total liabilities

Central Bank bills

Foreign liabilities

(net)

Long-term

General

foreign liabilities

Government

Capital accounts

Other items (net)

Government lending loans

deposits

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
12
12
12
12**
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03
1

1,500.0
2,106.0
605.0
830.0
0.0
19,055.0
11,697.0
21,200.0
21,080.0
50,000.0
61,000.0
79,500.0
60,450.0
72,860.0
45,880.0
69,247.1 1
49,799.8
63,228.1
69,597.8
68,360.2
68,759.3
81,760.4
77,256.3
71,629.8
83,718.9
65,278.7
92,532.9
125,713.2
86,618.9
89,720.7
109,501.1
64,459.8
54,297.9
69,101.3
64,927.3
65,336.2
83,635.9
87,701.2
65,091.9
70,845.1
72,774.9
97,938.3
129,300.2
99,413.1
116,610.9
119,666.9
199,530.5
155,106.4
127,739.5
140,881.7
168,698.3
103,424.8
98,175.7
138,898.0
95,299.9
56,087.4
58,315.1
63,941.8
67,753.7
43,329.5
41,181.9
44,753.5
65,650.9
119,786.0
60,924.8
75,680.8
126,730.3

0.0
0.0
15,219.8
25,632.2
21,099.4
21,587.2
28,711.7
32,501.3
36,551.3
43,952.9
55,057.8
51,342.2
47,610.0
86,878.2
54,202.6
53,067.1
52,306.2
53,431.7
52,383.0
50,630.1
49,225.3
49,192.4
48,357.2
46,765.1
45,171.0
43,866.6
44,157.3
44,453.3
43,725.9
42,901.8
42,428.2
39,249.1
38,458.5
39,688.9
39,907.6
38,228.8
37,419.9
36,523.0
36,375.7
36,224.2
36,842.8
35,821.7
34,478.0
33,662.0
34,017.1
35,240.0
35,547.0
33,740.2
34,152.1
34,860.9
35,237.2
35,095.6
35,394.8
29,604.1
28,982.6
29,171.6
29,913.7
28,752.3
28,650.1
27,402.6
26,243.9
25,266.1
25,126.2
23,104.9
23,477.8
25,563.5
25,813.7
26,887.7
26,324.0

10.7
13.9
7,790.9
7,054.6
14,779.9
14,176.2
11,121.4
3,659.2

3,031.1
3,054.3
3,022.0
3,044.2
3,067.1
3,089.3
3,112.9
3,136.9
3,105.7
3,130.8
3,155.4
3,181.0
5,284.0
5,274.5
5,194.4
5,221.9
5,209.4
5,046.3
5,046.1
5,099.9
5,074.5
5,069.8
5,049.8
5,099.1
5,093.6
5,115.5
5,091.3
5,075.5
6,444.9
6,449.4
6,474.4
6,457.5
6,366.8
6,300.7
6,320.9
6,065.7
6,044.8
5,987.5
5,898.5
5,877.0
5,796.0
5,816.0
5,923.0
5,848.0
5,595.0
5,269.9
5,273.0
5,708.5
5,800.4
5,983.0
6,126.7

784.4
1,201.8
638.6
2,465.1
4,038.9
1,649.5
8,388.0
12,819.9
2,908.1
4,821.7
17,940.0
16,930.5
33,516.6
91,713.9
72,903.1
71,955.0
73,226.3
53,025.8
87,749.9
71,429.9
68,595.2
56,346.9
58,115.2
63,119.5
87,669.1
86,063.3
105,183.7
114,539.3
119,808.0
90,298.2
92,421.2
126,780.0
132,425.2
136,295.5
178,695.3
200,706.3
204,046.5
261,148.2
297,280.1
364,576.9
386,255.6
405,129.0
509,013.6
513,965.7
500,790.6
532,588.2
523,784.1
578,969.3
616,321.4
661,975.8
698,368.6
707,713.8
724,004.0
606,580.3
622,085.6
573,102.1
567,741.6
569,220.1
498,016.9
528,287.6
551,479.1
553,371.9
504,819.8
461,283.4
383,930.9
208,445.7
222,096.6
186,170.6
193,338.9

17,420.2
18,882.1
18,824.5
18,171.5
18,198.1
17,865.2
15,046.8
15,354.9
16,372.8
15,272.5
17,392.5
17,272.7
16,929.6
17,843.5
17,813.9
17,425.7
17,601.8
17,577.6
16,523.9
16,656.6
16,557.5
18,078.2
18,006.6
18,765.0
18,626.3
17,457.3
17,577.9
17,097.1
17,013.1
16,712.5
14,670.6
17,548.1
18,375.0
17,242.1
17,779.4
17,620.0
16,709.8
17,021.4
17,574.0
16,576.0
16,563.9
16,260.0
18,364.1
17,383.8
16,790.9
15,517.9
15,562.0
18,122.4
18,495.5
19,458.1
20,449.5

3,070.4
3,264.3
1,479.9
3,047.0
6,933.7
8,339.5
15,342.7
25,295.0
40,082.5
37,843.8
42,815.4
41,152.0
33,357.1
41,156.1
37,743.4
30,553.6
33,991.1
32,033.9
29,666.5
28,613.2
22,436.6
22,210.7
18,919.1
20,591.9
19,510.1
25,458.2
39,399.9
37,768.3
40,294.8
45,930.7
43,570.7
17,813.9
27,547.4
44,337.5
43,946.2
26,550.1
38,878.4
35,916.9
25,001.7
24,563.0
36,630.7
36,796.1
40,939.3
50,101.9
50,395.0
53,788.5
51,687.6
47,356.5
58,396.6
80,513.3
100,439.1
111,581.3
125,505.5
108,427.0
142,293.3
155,152.3
157,044.9
146,324.1
146,300.2
147,559.2
141,548.8
106,513.2
104,152.9
70,817.6
86,764.2
158,370.1
198,132.1
232,205.2
247,872.1

-2,331.4
-1,429.9
-7,885.0
-10,068.3
-24,515.1
-21,370.9
-1,375.5
-11,597.6
-11,139.0
-10,545.4
-35,077.1
-53,280.8
-39,858.7
-85,004.7
-83,188.3
-102,140.1
-78,634.0
-62,680.6
-89,017.6
-93,048.4
-86,139.3
-96,315.4
-100,031.7
-104,901.9
-110,404.1
-121,326.1
-105,975.8
-94,073.9
-100,419.3
-74,796.5
-82,635.7
82,635.7
-66,998.0
-70,474.3
-84,915.6
-84,930.5
-110,326.6
-81,149.7
-116,190.3
-99,886.4
-107,041.6
-29,043.7
-63,102.5
-68,504.5
-93,699.8
-83,089.5
-106,915.7
-86,547.4
-93,333.3
-115,605.8
-102,476.3
-119,821.7
-145,391.7
-229,287.2
-215,053.7
-135,326.3
-113,000.6
-120,851.3
-99,661.9
-124,410.1
-143,679.5
-142,159.5
-141,766.5
-144,293.9
-137,699.5
-150,687.6
-89,996.3
-98,443.3
-106,506.9
-116,634.4

3,602.3
8,366.3
33,021.3
59,375.7
58,372.3
62,719.2
113,398.5
144,749.9
154,878.6
209,346.6
234,748.6
249,929.2
310,930.5
415,039.0
371,047.8
371,421.9
382,199.4
379,963.3
401,005.9
386,662.1
398,663.5
396,455.2
399,162.7
423,890.9
435,795.0
458,773.8
482,993.7
501,128.6
514,176.6
531,737.3
516,911.8
526,698.3
563,057.2
565,888.2
617,915.9
617,404.9
649,070.4
674,019.9
735,266.4
802,704.3
875,395.4
891,145.6
996,009.9
1,025,854.9
1,085,116.7
1,132,299.1
1,186,180.6
1,224,218.4
1,297,375.9
1,308,206.1
1,320,991.0
1,313,200.0
1,263,489.4
1,191,715.9
1,250,372.5
1,240,477.5
1,199,730.4
1,212,512.1
1,160,517.8
1,166,903.9
1,223,497.2
1,156,354.1
1,082,737.4
974,754.2
936,586.1
1,097,353.0
1,029,163.7
1,107,666.9
1,112,431.7

Since December 2004 CBB bills data are shown at market price.

13


Balance sheet of Other depository corporations

(for Monetary Survey)

in millions of togrogs

End-of-period

Claims on

Reserves

Central Bank

Foreign

: Of which:

bills

assets

General

Central

Local

Other

Government

Government

Government

financial
corporations

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
12
12
12
12**
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

345.5
3,023.5
5,690.3
10,319.1
11,593.9
12,531.2
6,851.1
13,456.7
17,920.6
24,167.2
31,996.5
34,606.2
54,500.5
69,464.8
81,517.0
69,828.4
83,247.8
88,486.5
109,580.8
127,365.8
115,997.7
107,445.6
108,338.9
116,052.7
113,146.0
137,470.8
117,772.2
145,942.4
138,555.1
126,032.7
149,314.0
167,315.3
155,180.0
161,050.4
157,058.4
159,021.2
159,766.4
154,321.0
169,290.2
179,812.4
159,419.8
190,204.6
214,585.9
223,540.1
203,337.7
226,942.0
245,902.3
229,610.1
202,694.4
151,384.9
177,148.8
170,845.6
140,573.9
251,712.4
205,180.2
185,247.4
192,361.8
215,811.6
227,402.9
198,414.7
236,464.6
212,078.4
229,614.5
213,673.5
230,280.9
304,507.1
299,336.7
342,342.1
315,174.5

1,500.0
2,106.0
605.0
830.0
0.0
19,055.0
11,697.0
21,203.9
22,846.7
49,904.7
60,995.0
75,989.3
60,450.0
72,860.0
45,880.0
69255.6 1
49,794.6
63,488.2
69,543.6
67,686.1
68,098.4
81,198.4
76,793.8
71,155.2
83,275.1
65,278.7
92,278.3
125,677.9
86,745.2
89,809.3
109,401.6
64,424.2
54,157.2
69,024.8
65,101.1
65,385.6
83,761.8
87,985.0
65,342.3
70,813.9
72,739.5
97,784.6
129,164.6
99,097.0
116,417.7
119,467.0
199,215.2
154,863.6
126,849.3
139,966.1
168,055.6
102,798.4
97,838.2
138,466.1
95,095.9
55,629.4
57,888.1
63,328.4
67,578.2
43,177.4
41,088.1
44,710.4
65,665.2
119,723.3
60,882.2
75,768.0
126,712.2

3,214.6
2,090.6
16,325.2
17,271.4
23,553.8
25,412.1
43,254.0
66,415.6
26,115.7
41,710.6
53,211.3
52,338.6
70,715.8
157,070.1
149,223.4
147,726.0
172,360.7
165,806.3
176,745.5
198,263.1
190,058.6
205,420.0
206,212.7
194,503.3
201,231.2
228,349.8
246,665.8
240,283.9
214,322.3
256,492.7
241,336.0
214,439.0
219,522.6
290,130.1
407,955.6
411,050.3
446,350.3
438,317.6
433,948.6
421,100.5
418,528.9
410,185.2
354,748.7
343,182.1
353,732.8
399,238.3
419,417.0
383,224.9
346,082.9
385,409.9
382,443.6
414,971.6
382,192.3
423,587.1
358,548.5
391,225.0
418,158.1
410,385.4
444,123.8
453,862.4
515,034.1
449,548.1
432,265.0
376,266.3
337,847.8
294,472.1
312,060.1
386,948.1
410,285.9

5.0
99.9
232.7
737.4
1,563.5
642.6
12,534.8
35,450.8
38,328.4
39,268.8
40,059.5
32,457.8
30,742.6
46,905.0
51,125.4
43,072.9
27,841.3
31,225.8
27,420.0
31,224.2
26,777.5
21,033.4
15,347.2
11,519.9
10,035.2
9,286.3
8,644.9
7,556.3
7,916.5
3,167.1
2,560.4
1,633.7
5,025.5
4,812.9
4,839.1
4,886.8
5,736.7
6,631.7
6,580.1
7,272.7
9,508.6
4,887.4
2,002.0
2,526.6
3,384.4
13,368.4
16,880.8
23,557.5
31,475.6
35,177.7
39,890.9
46,048.6
41,260.1
24,102.2
20,404.4
19,702.2
12,055.6
4,797.6
4,798.1
6,260.2
7,087.5
7,325.5
7,550.3
8,858.2
9,135.0
2,503.9
2,583.8
3,336.3
3,060.4

51,125.4
43,072.9
27,841.3
31,225.8
27,420.0
31,224.2
26,777.5
21,033.4
15,347.2
11,519.9
10,035.2
9,286.3
8,644.9
7,556.3
7,916.5
3,167.1
2,560.4
1,633.7
5,025.5
4,812.9
4,839.1
4,886.8
5,736.7
6,631.7
6,580.1
7,272.7
9,508.6
4,887.4
2,002.0
2,526.6
3,384.4
13,368.4
16,880.8
23,557.5
31,475.6
35,177.7
39,890.9
46,048.6
41,260.1
24,102.2
20,404.4
19,702.2
12,055.6
4,797.6
4,798.1
6,260.2
7,087.5
7,325.5
7,550.3
8,858.2
9,135.0
2,503.9
2,583.8
3,336.3
3,060.4

123.7
516.6
439.0
455.1
845.9
681.1
491.4
743.9
745.2
1,587.0
1,048.9
1,084.6
807.1
929.7
842.2
498.8
571.8
780.3
946.3
1,142.3
1,301.5
1,221.9
1,550.4
1,733.0
1,517.7
2,505.3
1,485.1
1,597.1
1,531.0
2,588.9
2,605.8
2,834.0
2,451.4
2,437.1
1,349.8
1,890.8
2,025.3
2,846.7
2,747.5
2,828.5
3,568.9
3,990.8
5,723.8
9,492.7
7,729.6
8,520.5
7,459.0
5,064.2
4,442.2
5,227.2
4,497.8
3,412.1
3,934.3
3,278.4
4,039.9

14


Balance sheet of Other depository corporations

(for Monetary Survey)

continued

End-of-period

Total assets

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
12
12
12
12**
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

Public

Private

sector

sector

9,779.6
12,204.2
21,744.4
12,193.3
8,892.2
10,883.3
9,006.9
7,804.7
9,335.5
3,999.1
5,378.3
9,534.4
11,318.3
15,647.4
16,633.2
15,410.9
14,743.8
13,125.7
13,113.5
15,216.1
13,868.3
16,355.5
17,733.7
22,295.2
24,183.8
17,070.6
21,194.9
20,924.7
21,987.4
34,169.2
36,669.8
35,045.4
29,158.7
24,843.7
26,894.4
29,816.4
33,574.6
28,931.0
32,749.0
31,147.0
31,676.9
36,731.6
34,991.1
36,437.9
38,207.6
36,051.3
23,141.8
25,409.5
21,653.4
23,436.7
22,979.8
20,139.3
18,132.7
27,331.8
32,307.5
31,830.7
31,726.2
22,429.4
10,826.0
10,977.9
14,331.2
17,206.9
19,053.9
18,413.0
23,977.7
34,794.6
26,411.5
25,436.3
26,158.4

Individuals

Other

Unclassified
loans

3,072.5
6,924.4
9,850.1
40,631.5
55,289.7
51,652.0
22,851.8
28,112.6
43,667.5
31,408.6
45,482.9
114,670.4
203,567.2
365,024.4
279,126.6
315,218.4
334,519.1
365,057.9
358,750.6
354,971.8
376,332.2
385,795.8
397,800.3
418,590.5
431,354.0
436,132.4
442,998.2
443,639.2
471,351.1
489,064.7
496,164.5
508,904.2
544,639.2
561,434.1
563,656.9
590,566.2
618,077.6
612,743.0
607,338.3
606,473.2
639,301.1
659,019.3
692,193.1
731,510.3
776,783.7
835,943.2
874,857.8
937,067.2
954,650.4
1,061,048.0
1,081,407.4
1,115,052.5
1,121,277.0
1,166,149.5
1,183,043.6
1,261,279.5
1,287,578.5
1,348,231.4
1,422,272.7
1,472,125.9
1,491,902.6
1,530,246.2
1,556,911.6
1,555,213.6
1,553,081.3
1,570,398.9
1,631,658.9
1,653,170.0
1,672,342.0

132.1
145.6
185.7
32,947.9
14,457.7
32,638.9
42,106.7
15,895.6
10,865.9
16,564.2
36,700.0
160,402.0
180,962.7
201,874.2
210,931.1
224,693.6
221,895.1
233,706.2
239,204.3
250,603.4
262,786.4
262,860.8
282,906.3
294,561.9
300,194.7
314,154.3
321,606.8
337,689.3
346,969.9
363,811.0
377,175.2
393,537.4
413,244.1
417,405.3
445,154.1
461,241.8
470,830.6
491,852.5
507,570.0
530,832.8
543,075.1
566,658.6
581,557.9
590,818.0
616,179.5
643,527.9
701,676.5
733,341.1
772,387.8
798,409.3
838,778.5
893,461.6
912,735.6
987,330.7
1,032,513.9
1,022,715.5
1,031,501.6
1,042,917.5
1,086,846.2
1,090,062.8
1,070,006.2
1,051,091.4
1,013,694.2
995,905.1
989,544.2
963,525.9

16,016.8
14,553.0
16,087.1
17,228.9
16,894.9
15,521.3
16,675.5
18,237.8
18,901.4
15,415.3
15,363.4
15,173.8
15,507.7
15,558.4
15,596.4
14,512.4
14,261.8
12,931.1
13,122.3
17,190.5
17,642.7
16,061.0
15,563.7
15,500.0
18,062.8
18,333.4
17,081.9
18,369.3
20,616.4
20,470.9
20,317.5
21,220.4
18,469.5
19,127.4
19,189.0
20,056.9
19,367.3
19,252.6
20,512.1
20,972.4
21,065.0
20,677.4
23,569.6
23,863.1
24,051.1
36,307.1
36,916.6
45,912.3
46,388.1
42,423.6
35,471.0
13,251.7
14,084.4
13,872.6
5,660.2

16,417.2
24,342.6
55,342.7
83,390.8
101,643.7
102,136.9
127,446.5
184,753.1
179,703.6
203,865.0
214,870.8
304,377.9
448,403.7
766,800.9
814,618.2
860,148.7
896,993.0
892,317.2
977,839.4
1,028,626.6
1,043,451.0
1,061,922.4
1,083,781.2
1,123,948.5
1,136,017.1
1,198,629.6
1,231,427.8
1,240,308.0
1,277,003.6
1,371,222.2
1,365,312.9
1,377,828.2
1,440,807.1
1,502,203.4
1,627,043.1
1,694,892.7
1,763,126.2
1,768,717.0
1,814,490.3
1,825,460.2
1,834,197.1
1,899,378.5
1,924,240.5
2,001,116.5
2,094,192.6
2,216,252.7
2,308,356.2
2,356,080.2
2,419,838.6
2,534,945.1
2,585,453.5
2,701,510.8
2,693,160.5
2,858,261.0
2,815,418.0
2,965,154.7
3,053,600.3
3,123,154.5
3,221,807.6
3,281,298.7
3,419,691.4
3,397,405.2
3,427,376.6
3,334,792.1
3,311,048.2
3,356,758.0
3,346,857.1
3,493,696.0
3,526,959.6

15


Balance sheet of Other depository corporations

(for Monetary Survey)

continued

End-of-period

()

Demand
deposits

Time savings

Foreign

deposits, and foreign

liabilities

currency

Long-term

General

foreign

Government

liabilities

deposits

demand deposits

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
12
12
12
12**
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

5,592.1
5,789.8
9,757.2
14,104.0
16,859.0
17,045.3
22,597.2
26,340.6
26,136.2
27,544.4
29,841.6
46,994.6
66,944.1
81,336.7
71,114.3
84,529.6
79,037.1
77,814.9
74,922.0
80,785.0
80,643.7
84,306.7
89,826.3
100,898.0
98,086.3
103,909.0
99,107.6
100,087.9
100,099.7
116,754.9
113,492.1
132,246.5
129,566.8
118,505.6
131,102.0
130,434.0
132,448.5
138,760.5
141,915.1
139,375.3
144,530.8
146,776.7
160,760.5
174,961.0
185,342.4
203,425.7
222,905.2
239,800.0
230,308.7
245,300.7
248,111.1
259,469.8
258,182.7
307,146.3
285,946.5
303,907.0
321,025.8
310,184.3
316,850.2
317,103.3
322,808.4
318,989.5
317,327.3
298,737.1
285,309.5
331,892.3
280,782.9
270,666.4
264,490.8

2,601.1
5,412.1
24,215.8
43,905.8
62,986.3
59,408.2
64,093.7
93,956.6
84,667.6
105,341.3
128,067.7
174,908.9
282,397.8
490,499.0
529,391.3
557,364.5
585,255.1
625,704.9
647,462.6
662,992.0
679,616.2
684,463.4
716,631.3
731,924.1
761,332.4
787,960.4
838,852.7
850,661.3
857,516.1
871,014.4
878,891.2
883,278.8
916,865.6
958,408.2
1,076,520.2
1,120,923.4
1,147,752.1
1,147,853.6
1,208,172.2
1,226,302.4
1,261,053.4
1,204,590.0
1,221,013.9
1,285,170.9
1,345,255.8
1,428,505.6
1,475,801.1
1,513,866.8
1,597,615.7
1,659,946.0
1,676,505.5
1,740,922.4
1,715,148.7
1,810,778.1
1,755,432.1
1,868,412.7
1,877,439.7
1,883,037.6
1,896,008.5
1,939,790.0
1,971,535.5
1,934,607.7
1,921,537.3
1,796,456.5
1,693,506.8
1,658,251.3
1,700,856.1
1,800,793.6
1,876,206.8

4,708.2
4,316.0
3,325.3
4,528.9
7,795.0
6,659.7
8,620.1
12,246.3
7,173.0
4,111.7
1,693.0
2,220.1
4,755.2
7,328.5
43,242.1
38,873.3
40,966.6
44,827.4
45,400.8
44,422.9
45,331.0
45,285.4
44,845.9
40,849.5
41,379.1
40,964.8
44,379.8
43,989.9
46,639.8
43,775.8
44,398.2
44,895.2
49,049.1
56,577.0
57,982.6
52,820.4
56,617.0
56,300.3
60,503.8
59,881.5
60,365.5
68,501.0
150,582.5
154,685.8
161,886.1
167,529.6
178,552.4
188,443.0
193,240.0
196,929.8
199,665.7
206,863.9
207,697.5
202,962.6
215,628.5
228,909.3
255,828.2
304,250.1
308,533.6
323,763.8
386,137.9
387,631.2
368,351.7
380,030.2
375,065.0
407,335.3
427,347.0
463,182.6
470,254.0

1,971.0
3,809.5
1,303.5
397.5
0.0
0.0
0.0
0.0
12,800.4
5,682.5
4,173.2
6,603.8
11,718.8
44,100.0
13,225.1
18,992.2
21,867.2
8,873.8
8,608.8
7,932.2
9,541.4
7,558.4
7,038.6
6,533.2
7,013.6
7,175.7
7,187.1
6,937.1
6,677.5
11,056.1
10,324.8
5,276.6
4,913.9
5,049.6
5,295.1
4,457.2
4,423.4
4,745.2
5,363.1
6,348.5
7,890.8
7,501.4
7,539.6
7,449.9
7,485.3
8,547.4
8,108.1
8,488.3
8,709.6
7,215.4
7,060.4
6,832.2
6,256.2
6,074.8
6,445.5
6,323.7
7,270.1
7,411.0
7,088.5
7,398.7
10,113.1
10,261.6
10,170.2
10,568.3
11,372.7
14,912.1
15,253.6
16,186.2
15,351.2

1,186.3
1,949.8
7,496.7
8,450.7
13,726.8
16,654.6
22,587.7
33,258.4
20,081.2
24,125.8
24,607.1
35,926.8
29,665.3
22,719.8
21,276.4
28,951.9
27,224.0
42,993.6
37,532.6
42,681.3
46,111.6
48,213.7
48,826.5
50,781.5
51,566.9
54,320.4
46,473.2
47,650.7
54,083.5
103,089.0
72,115.5
72,156.3
77,383.2
78,613.6
79,657.0
79,232.8
84,013.3
82,241.7
83,758.2
88,466.5
88,211.6
112,084.7
98,498.4
81,089.8
81,975.7
101,603.7
106,851.5
100,754.9
99,393.7
122,510.4
133,166.9
134,421.6
139,531.8
144,049.9
175,861.4
166,979.2
176,808.0
209,588.1
246,869.8
283,748.6
297,043.3
250,328.1
290,908.1
289,439.5
278,140.4
314,254.0
288,156.3
302,307.1
308,355.4

16


Balance sheet of Other depository corporations

(for Monetary Survey)

continued
:

End-of-period

()

Total liabilities

Credits from

Capital

Other items

Central bank

accounts

(net)

Of which

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
12
12
12
12**
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

Central

Local

Government

Government

deposits

deposits

16,450.4
22,490.2
20,301.5
38,478.0
30,622.9
36,090.8
40,527.0
41,980.3
42,967.9
45,243.6
45,362.0
49,093.1
41,695.6
43,199.6
49,827.9
100,064.2
68,259.4
67,972.3
73,380.8
73,025.4
74,139.1
72,899.1
77,624.8
75,498.7
77,214.9
80,362.4
80,496.6
104,842.2
88,566.1
71,404.7
74,117.5
90,942.5
95,723.6
90,253.5
88,223.8
111,946.9
121,388.7
122,616.6
128,607.3
137,127.9
163,199.0
156,890.1
168,475.0
199,034.6
234,347.0
272,811.3
284,345.5
239,005.2
279,457.9
279,386.6
267,311.9
304,781.0
277,852.4
291,809.0
298,063.9

4,826.0
6,461.7
6,922.5
4,515.6
6,909.8
6,590.6
5,584.6
6,233.4
5,858.6
5,537.9
6,204.8
5,227.3
4,777.7
4,451.1
4,255.6
3,024.9
3,856.2
4,184.1
4,002.4
5,588.1
5,517.9
6,333.7
6,388.5
6,743.0
6,543.2
8,104.1
7,715.1
7,242.4
9,932.2
9,685.1
7,858.1
10,661.2
11,127.8
10,501.3
11,169.9
10,563.5
11,778.2
11,805.1
10,924.5
6,921.9
12,662.4
10,089.0
8,333.0
10,553.5
12,522.8
10,937.3
12,697.8
11,322.9
11,450.2
10,052.9
10,828.5
9,473.0
10,303.9
10,498.2
10,291.6

1,522.6
6,287.6
5,390.9
10,151.8
9,134.2
7,401.9
10,890.1
762.5
4,459.0
2,074.8
0.0
4,094.5
4,326.9
12,839.3
18,289.1
16,192.4
17,264.0
23,838.2
24,530.0
25,565.5
20,041.2
21,681.8
21,306.2
19,329.5
17,372.0
18,160.3
18,377.8
18,443.4
18,603.7
18,149.8
18,433.1
18,297.8
18,336.5
18,914.1
18,579.2
19,050.8
17,310.1
17,808.7
18,570.0
16,929.4
18,546.9
19,092.3
19,380.3
20,997.7
23,520.2
23,387.4
23,152.5
21,158.5
19,293.5
19,752.0
22,364.0
21,964.5
22,439.4
18,935.9
17,940.7
18,845.3
21,353.0
20,203.0
18,528.4
16,902.0
16,657.6
66,182.9
53,033.2
91,588.6
184,177.8
227,137.5
241,783.5
486,133.7
424,736.2

1,687.9
2,641.8
7,291.8
12,784.2
15,105.1
16,998.1
-13,538.2
16,770.0
7,061.1
4,565.4
29,947.6
47,173.0
61,289.3
110,392.5
138,015.6
141,026.8
146,739.3
167,101.1
169,996.3
168,281.7
170,958.3
175,454.7
176,843.3
179,449.0
182,628.4
187,728.9
190,708.6
194,422.9
200,994.1
207,075.7
209,390.5
212,597.1
226,021.1
236,114.0
240,426.2
242,355.0
248,925.5
254,987.8
264,231.3
270,288.1
275,244.4
294,780.0
291,779.9
294,162.4
301,470.2
307,336.2
311,119.4
318,872.0
326,815.5
335,073.6
345,391.2
354,670.3
365,735.1
376,385.6
383,491.0
391,567.6
404,061.1
412,169.3
419,970.1
426,620.7
444,801.1
448,806.5
479,801.3
485,380.0
492,638.9
340,566.4
346,476.4
354,228.0
359,061.8

-2,852.0
-5,864.0
-3,438.5
-10,932.1
-23,962.7
-22,030.9
12,195.9
1,418.7
17,325.1
30,419.0
-3,459.4
-13,543.9
-12,693.8
-2,415.0
-19,935.7
-25,782.1
-21,360.2
-98,836.5
-30,613.9
-4,034.0
-8,792.4
-5,041.7
-21,536.9
-5,816.3
-23,361.6
-1,589.9
-13,659.1
-21,885.1
-7,610.7
306.4
18,267.4
9,079.8
18,670.9
30,021.2
17,480.8
45,619.1
71,636.3
66,019.5
31,976.7
17,868.4
-21,646.5
46,052.5
-25,314.5
-17,401.0
-12,743.0
-24,082.8
-18,134.0
-35,303.3
-55,538.2
-51,782.8
-46,811.2
-23,633.9
-21,830.7
-8,072.2
-25,327.6
-19,790.0
-10,185.5
-23,688.8
7,958.6
-34,028.4
-29,405.5
-19,402.3
-13,752.6
-17,408.1
-9,163.0
62,409.0
46,201.3
-199,801.5
-191,496.7

16,417.2
24,342.6
55,342.7
83,390.8
101,643.7
102,136.9
127,446.5
184,753.1
179,703.6
203,865.0
214,870.8
304,377.9
448,403.7
766,800.9
814,618.2
860,148.7
896,993.0
892,317.2
977,839.4
1,028,626.6
1,043,451.0
1,061,922.4
1,083,781.2
1,123,948.5
1,136,017.1
1,198,629.6
1,231,427.8
1,240,308.0
1,277,003.6
1,371,222.2
1,365,312.9
1,377,828.2
1,440,807.1
1,502,203.4
1,627,043.1
1,694,892.7
1,763,126.2
1,768,717.0
1,814,490.3
1,825,460.2
1,834,197.1
1,899,378.5
1,924,240.5
2,001,116.5
2,094,192.6
2,216,252.7
2,308,356.2
2,356,080.2
2,419,838.6
2,534,945.1
2,585,453.5
2,701,510.8
2,693,160.5
2,858,261.0
2,815,418.0
2,965,154.7
3,053,600.3
3,123,154.5
3,221,807.6
3,281,298.7
3,419,691.4
3,397,405.2
3,427,376.6
3,334,792.1
3,311,048.2
3,356,758.0
3,346,857.1
3,493,696.0
3,526,959.6

17


Consumer price index

in percent

End-of-period

Of which

Food items

, , ,

Clothes,

shoes

Milk and dairy Sugar, candy, Potatoes and Other food ite Soft drinks,

Wheat produc Meat and meat

products
1991 01

100.0

100.0

1991 12
1992 12
1993 12
1994 12
1995 06

134.4
755.4
2,247.0
3,565.3
4,204.8

124.0
978.4
2,906.7
4,147.5
4,880.6

1995 12
1996 12
1997 12
1998 12
1999 01
1999 02
1999 03
1999 06
1999 12
2000 01
2000 03
2
12

58.7
78.2
87.0
87.7
87.4
92.8
95.6
107.2
95.5
102.0
110.4
46.6

17.2
27.0
28.1
27.6
27.4
27.1
27.0
27.0
28.8
29.1
29.3
12.9

2001 12
2002 12
2003 12
2004 12
2005 12
2006 01
02
03

50.7
49.9
53.8
61.9
71.5
72.8
74.6
74.0

13.3
12.2
14.2
16.1
15.8
15.8
15.8
15.8

3
End-of-period

products
100.0

100.0

100.0

136.4
156.3
468.3
884.2
1,744.3
2,153.2
2,723.1
3,658.8
3,771.1
3,211.4
1995.12=100

131.4
828.9
2,736.5
4,681.4
5,686.6

126.9
800.1
1,424.5
1,855.4
1,700.8

192.4
679.1
1,304.3
2,363.1
2,838.1

4.5
6.3
7.8
7.7
8.1
8.1
8.3
8.3
8.5
8.5
9.0
3.7

10.3
15.4
20.6
22.8
22.8
22.8
22.6
22.8
23.9
23.4
23.1
13.5

4.3
4.3
4.2
4.4
4.7
4.6
4.7
4.8

14.1
14.9
14.9
15.0
14.9
14.9
14.9
14.9

18.4
19.5
21.2
22.0
21.1
25.8
27.3
39.3
25.0
29.8
35.5
12.4

5.1
7.1
9.6
10.0
10.0
10.0
10.2
8.5
10.0
10.5
11.1
5.2
2000.12=100
14.8
5.5
14.8
5.6
18.3
5.3
22.6
5.2
29.9
5.8
31.0
6.0
32.5
5.9
31.6
6.0

4.9

4.1

4.9
7.5
8.7
10.1
10.0
9.9
10.3
10.3
10.6
10.6
10.8
3.5

4.9
4.7
4.8
5.1
5.5
5.6
5.8
5.9

4.3
4.8
3.5
4.3
5.2
5.5
5.7
5.6

3.6
3.6
3.7
4.0
4.5
4.3
4.3
4.3

Of which

Food &

Foodstuffs

beverages

Of which

42.21 40.64
45.80 44.22
47.33 45.68
44.07 42.36
43.61 41.89
44.10 42.39
46.69 45.00
51.00 49.31
51.64 49.96
53.07 51.30
53.60 51.82
52.09 50.31
52.40 50.62
54.44 52.64
41.08 39.52
54.60 52.88
57.67 55.92
60.57 58.73
67.87 66.00
75.00 73.07
77.03 75.13
76.78 74.81
74.30 72.28
71.39 69.28
67.94 65.80
65.47 63.35
65.08 62.96
65.68 63.51
66.28 64.06
69.62 67.34

,
,

, ,

Bread, flour, Meat and meat

Milk dairy

Sugar, jam, can Vegetables

cereals

products, & eggsand chocolate

products

11.44
11.61
11.60
11.68
11.77
11.74
11.81
11.95
12.45
14.07
15.07
15.37
15.71
16.26
9.92
13.57
14.20
14.99
17.31
19.92
19.97
19.84
19.87
19.78
19.67
19.24
18.77
18.68
18.71
19.12

: ,
2

cigarettes
100.0

non-alcoholic

vegetables

2005 12 3
2006 04
06
09
12
2007 01
03
06
07
08
09
10
11
12
3
2005 12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

tea, fruits
100.0

2005.12=100
14.44
3.92
16.65
4.00
17.88
3.68
15.64
3.55
14.43
4.10
14.81
4.13
16.88
4.16
20.88
3.73
20.30
3.56
19.69
3.74
18.92
3.96
17.16
4.27
16.58
4.62
17.28
4.91
16.51
3.55
21.89
4.66
23.54
4.87
24.72
5.22
28.66
5.71
31.37
5.72
32.57
5.25
31.95
4.97
29.12
5.11
26.93
5.14
23.89
5.58
22.01
5.79
21.84
6.03
22.04
6.20
22.19
6.35
24.40
6.38

2.05
2.23
2.47
2.38
2.37
2.36
2.35
2.32
2.31
2.31
2.33
2.35
2.36
2.38
1.61
1.89
1.90
1.98
2.01
2.09
2.11
2.18
2.21
2.22
2.22
2.23
2.23
2.26
2.28
2.51

Alcoholic

beverages,

footwear

tobacco

and cloths

Oils & fats

Clothing,

Non-alcoholic
beverages

4.28
4.84
4.85
4.29
4.39
4.50
4.74
4.95
5.88
5.57
5.25
4.87
4.80
4.96
4.12
4.90
5.30
5.63
5.99
7.20
8.36
8.89
8.90
8.04
7.32
7.16
7.01
7.21
7.42
9.09

2.35
2.28
2.32
2.35
2.38
2.40
2.35
2.39
2.45
2.86
3.32
3.35
3.53
3.65
2.27
3.67
3.69
3.72
3.80
4.18
4.29
4.24
4.36
4.50
4.44
4.44
4.41
4.40
4.38
4.39

1.57
1.58
1.65
1.71
1.72
1.70
1.69
1.69
1.69
1.76
1.78
1.77
1.78
1.79
1.56
1.72
1.75
1.85
1.87
1.92
1.90
1.97
2.02
2.11
2.14
2.12
2.12
2.17
2.21
2.28

2.94
2.97
2.97
2.99
3.04
3.04
3.03
3.03
3.03
3.12
3.12
3.15
3.09
3.11
2.26
2.43
2.48
2.51
2.51
2.48
2.52
2.57
2.58
2.58
2.59
2.56
2.59
2.70
2.78
2.85

10.14
10.57
10.46
10.58
10.90
10.80
10.72
10.44
10.41
10.45
10.71
10.92
11.14
11.22
12.38
13.62
13.67
13.80
13.88
14.45
14.73
15.18
15.49
16.01
16.44
17.11
17.10
17.06
16.71
16.73

Source: Monthly Statistical Bulletin, NSC

2000 12 - 205 239 .

Since december 2000 the CPI calculation is based on the basket containing 239 consumer goods compared to205 in previous years.

2006 4 - 287 , 2005 12 .

Since April 2006 the items in consumer basket updated to 287 and prices of December 2005 was taken as the base period.

18


Consumer price index

continued

End-of-period

Of which

. .

Utilities

Women's

Children's

Shoes

clothing

clothing

Cotton, fabrics Men's

clothing
1991 01 16

100.0

1991 12
1992 12
1993 12
1994 12
1995 06

100.0

100.0

100.0

209.6
795.8
2,087.2
3,247.2
4,458.6

100.0
196.7
1,933.9
1,933.9
1,933.9

137.3
535.3
1,673.3
3,221.1
3,276.1

0.2
0.3
0.3
0.3
0.4
0.4
0.4
0.4

Of which

Of which

End-of-

period

100.0

100.0

1.5
3.4
2.3
4.5
2.9
6.5
3.2
6.9
3.2
6.8
3.2
6.8
3.0
6.7
3.0
6.7
3.1
7.1
3.1
7.0
3.1
6.8
3.5
4.6
2000.12=100
3.9
4.7
4.0
4.8
4.0
4.7
4.3
4.6
4.1
4.8
4.1
4.8
4.1
4.7
4.1
4.7

Transport &
communication

100.0

2001 12
2002 12
12
12
12
2006 01
02
03

2005 12
2006 04
06
09
12
2007 01
03
06
07
08
09
10
11
12
3
2005 12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

Medicine

items

115.5
245.8
1,068.3
1,595.7
1,644.4

0.4
0.6
0.7
0.6
0.6
0.6
0.6
0.6
0.6
0.6
0.6
0.3

Household

100.0

148.4
174.5
229.3
100.0
236.1
676.3
347.3
541.2
440.9
965.4
1,161.6
650.4
896.4
1,404.4 1,782.9
1,957.5 1,259.4 2,110.3
2,126.9 3,377.3
3,532.6 1,265.0 2,567.1
2,161.4 3,740.3
1995.12=100

1995 12
1996 12
1997 12
1998 12
1999 01
1999 02
1999 03
1999 06
1999 12
2000 01
2000 03
2
12

100.0

1.0
1.8
2.3
2.4
2.4
2.4
2.3
2.3
2.4
2.4
2.4
0.5

4.0
6.2
8.2
9.4
9.4
9.4
9.5
9.7
10.2
9.9
9.8
4.6

10.4
17.9
27.0
29.5
29.3
30.6
31.7
31.6
32.1
32.7
31.6
14.1

3.9
5.4
6.6
6.1
6.2
6.2
6.2
6.1
6.5
6.5
6.5
3.2

2.1
3.0
3.8
3.9
3.9
3.9
3.9
3.9
4.6
4.6
4.6
1.4

7.6
13.6
15.0
17.8
18.3
18.3
19.2
19.2
23.3
23.3
23.1
10.1

0.6
0.6
0.7
0.7
0.7
0.7
0.7
0.7

4.6
5.2
5.1
5.0
5.0
5.0
5.0
5.0

17.2
18.0
17.7
18.4
19.5
19.2
20.2
19.8

3.3
3.4
3.3
3.4
3.6
3.6
3.6
3.6

1.4
1.5
1.6
1.7
1.8
1.8
1.9
1.9

10.2
10.5
10.8
13.1
13.9
14.0
14.0
14.1

, ,

Of which

Housing,

water,

Water supply

Electricity,

Furnishings,

Medical care &

Clothing,

Men's

Women's

Children's

& miscellaneous

gas and

household

services

cloth

clothing

clothing

clothing

other

equipment

fuels

& tools

6.26
6.69
6.67
6.77
6.97
6.91
6.89
6.62
6.61
6.63
6.80
6.84
6.89
6.96
8.11
9.03
9.11
9.19
9.27
9.74
9.95
10.35
10.64
10.82
11.06
11.35
11.35
11.32
11.11
11.29

,
,

2005.12=100
2.72
2.62
3.01
2.76
2.88
2.77
2.93
2.82
3.00
2.91
2.97
2.90
2.97
2.90
2.87
2.74
2.87
2.74
2.87
2.77
2.97
2.78
2.97
2.79
3.02
2.76
3.04
2.78
3.26
2.93
3.59
3.14
3.63
3.16
3.66
3.19
3.71
3.24
3.86
3.44
3.98
3.55
4.24
3.63
4.34
3.70
4.42
3.73
4.47
3.83
4.62
3.91
4.62
3.91
4.58
3.94
4.49
3.84
4.63
3.85

0.33
0.33
0.33
0.34
0.35
0.34
0.34
0.33
0.33
0.34
0.37
0.38
0.39
0.41
1.11
1.36
1.37
1.39
1.37
1.48
1.49
1.53
1.63
1.69
1.76
1.77
1.76
1.75
1.75
1.75

Footwear electricity,
and fuels

3.88
3.87
3.90
3.91
4.04
3.99
3.93
3.92
3.91
3.92
4.01
4.19
4.36
4.37
4.27
4.59
4.56
4.62
4.61
4.71
4.78
4.83
4.85
5.19
5.38
5.75
5.74
5.74
5.60
5.44

10.51
10.13
10.12
11.21
11.44
10.71
10.66
10.95
11.15
11.48
12.07
13.20
12.95
12.72
13.40
15.48
16.01
15.53
15.45
15.32
15.65
16.76
17.82
19.30
19.11
18.45
18.45
18.17
17.77
17.78

services

3.32
3.56
3.57
3.91
3.91
3.88
3.88
4.44
4.44
4.44
4.44
4.44
4.44
4.54
4.24
5.36
5.37
5.37
5.37
5.37
5.37
5.37
5.37
5.80
5.83
5.83
5.83
5.82
5.83
5.83

6.09
5.45
5.45
6.18
6.39
5.70
5.69
5.13
5.25
5.52
6.21
7.32
7.05
6.72
7.60
8.11
8.65
8.15
8.05
7.75
8.11
9.03
10.02
10.93
10.56
9.90
9.90
9.67
9.28
9.28

3.31
3.32
3.34
3.38
3.55
3.56
3.56
3.63
3.66
3.73
3.85
3.91
3.99
4.04
4.30
5.24
5.28
5.51
5.62
5.72
5.76
5.83
5.86
5.95
6.02
6.00
5.99
6.07
5.99
6.17

1.79
1.82
1.82
1.87
2.22
2.22
2.22
2.24
2.24
2.47
2.48
2.48
2.48
2.53
1.62
2.13
2.13
2.18
2.48
2.51
2.52
2.52
2.55
2.70
2.68
2.69
2.68
2.69
2.69
2.70

Transport

9.53
10.28
10.36
10.57
10.67
10.98
10.94
11.06
11.06
11.33
11.33
12.33
12.61
11.81
8.71
10.60
10.57
10.91
10.91
10.99
11.11
11.38
14.84
15.05
14.85
14.63
14.17
13.72
13.58
13.88

2000 12 - 205 239 .

Since december 2000 the CPI calculation is based on the basket containing 239 consumer goods compared to205 in previous years.

2006 4 - 287 , 2005 12 .

Since April 2006 the items in consumer basket updated to 287 and prices of December 2005 was taken as the base period.

19


Consumer price index

continued

End-of-period

. .

12
Articles for

Other goods

Cultural needs

& services

General CPI

Core inflation 4

Monthly

Changes

Annual

Moving

changes

from the

changes

average of

Monthly

beginning

monthly

changes

of year

inflation

from the

National CPI

beginning

Monthly Changes

of year
1991 01 16

100.0

100.0

100.0

1991 12
1992 12
1993 12
1994 12
1995 06

277.3
581.0
2,154.8
4,427.9
7,537.2

152.3
430.2
1,483.8
2,904.7
3,146.9
1995.12=100

152.7
649.8
1,838.7
3,057.8
3,661.0

5.1
11.0
2.5
2.1
7.3

325.5
183.0
66.3
19.7

1995 12
1996 12
1997 12
1998 12
1999 01
1999 02
1999 03
1999 06
1999 12
2000 01
2000 03
2
12

3.6
5.7
8.2
9.8
9.8
9.8
9.8
10.1
11.3
11.3
11.5
7.4

100.0
144.6
174.2
184.7
184.8
191.5
194.6
206.6
203.1
210.1
217.1
100.0

2.1
3.2
0.9
2.1
0.1
3.6
1.6
0.1
1.6
3.4
0.9
2.1

53.1
44.6
20.5
6.0
0.1
3.7
5.4
11.9
10.0
3.4
6.9
8.1

12
12
12
12
12
2006 01
02
03

7.3
7.6
8.4
9.0
9.6
9.6
9.6
9.7

3.5
5.3
6.4
7.4
7.5
7.5
7.5
7.6
7.9
8.3
8.3
3.7
2000.12=100
3.8
3.9
4.5
4.8
5.0
5.0
5.0
5.1

107.9
109.8
114.9
127.4
139.6
140.8
143.8
143.0

2.1
1.6
1.1
0.9
1.2
0.8
2.1
-0.4

8.0
1.6
4.7
11.0
9.5
0.8
2.9
2.5

changes

Of which

End-of-

period

Annual

from the changes

begin. of year

20.5
6.0
3.9
7.1
4.4
8.6
10.0
13.7
11.6

1.6
0.5
0.3
0.6
0.4
0.7
0.8
1.1
0.9

8.0
1.6
4.7
11.0
9.5
8.1
6.8
5.8

0.7
0.1
0.4
1.2
0.8
0.7
0.6
0.5

0.5
-0.7
-0.5
-0.5
-0.3
1.4
0.2

3.54
-0.33
1.02
1.22

Changes

.
.

12

,
Communi- Recreation &
Operation of per-

Transport

sonal transport

services

cation

Education

culture

Restraurants
hotels

Miscellaneous

General CPI

goods

Changes

Annual

Moving

changes

from the

changes

average of

Monthly

beginning

monthly

changes

of the year

inflation

& services

equipment

2005 12 3
2006 04
06
09
12
2007 01
03
06
07
08
09
10
11
12
3
2005 12
2008 01
2
3
4
5
6
7
8
9
10
11
12
2009 01
02
03
2
2

2.23
2.20
2.29
2.45
2.35
2.33
2.29
2.38
2.38
2.55
2.54
2.65
2.88
2.88
2.47
3.20
3.20
3.47
3.47
3.49
3.49
3.60
4.58
4.54
4.31
4.03
3.59
3.34
3.13
3.49

4.80
5.78
5.79
5.80
5.80
5.81
5.81
5.87
5.88
5.93
5.93
6.75
6.78
6.00
5.76
6.81
6.79
6.84
6.84
6.89
7.01
7.18
9.64
9.86
9.84
9.94
9.87
9.62
9.63
9.63

3.13
2.85
2.75
2.71
2.71
2.61
2.59
2.56
2.38
2.42
2.43
2.43
2.43
2.43
4.05
2.90
2.90
2.89
2.89
2.88
2.88
2.78
2.78
2.78
2.78
2.78
2.78
2.78
2.78
2.77

3.70
3.78
3.82
3.93
3.93
3.93
3.90
3.82
3.83
3.82
3.81
3.86
3.94
3.99
3.33
3.73
3.78
3.90
3.91
3.95
3.91
3.90
3.91
3.95
4.01
4.02
4.05
4.07
4.09
4.08

5.44
5.44
5.44
6.01
6.01
6.01
6.01
6.01
6.01
7.22
7.22
7.22
7.22
7.22
4.15
5.50
5.50
5.50
5.50
5.50
5.50
5.50
7.57
7.57
7.57
7.57
7.57
7.57
7.57
7.57

2.70
2.77
2.79
2.87
2.98
3.02
3.08
3.11
3.11
3.18
3.35
3.32
3.31
3.39
1.72
2.11
2.09
2.18
2.22
2.46
2.47
2.48
2.72
2.76
2.76
2.80
2.80
2.80
2.80
2.86

2005.12=100
4.58
4.65
4.81
4.82
4.89
4.89
4.91
4.87
4.87
4.88
4.88
5.00
5.07
5.07
3.00
3.48
3.49
3.51
3.63
3.85
3.88
3.90
3.93
3.99
4.00
3.99
4.02
4.10
4.15
4.25

100.0
104.4
106.0
105.0
106.0
105.9
108.3
112.8
113.4
117.2
118.9
119.9
120.6
122.0
100.0
121.8
125.6
129.0
136.9
145.1
147.9
149.6
154.3
154.0
150.8
148.1
147.3
147.4
147.3
151.4

Core inflation 4

Monthly

National CPI

Changes

Annual

from the

changes changes

begin. of year

2.1
1.2
-0.3
0.5
-0.1
0.3
1.8
0.6
3.3
1.5
0.9
0.6
1.1

4.4
6.0
5.0
6.0
-0.1
2.2
6.4
7.0
10.6
12.2
13.2
13.9
15.1

4.8
2.2
5.0
6.0
4.2
5.9
6.3
7.1
11.3
13.2
14.2
14.4
15.1

0.4
0.2
0.4
0.5
0.4
0.5
0.5
0.6
0.9
1.1
1.1
1.1
1.2

0.6
0.3
1.9
0.1
-0.8
-0.1
0.4
0.6
5.3
2.9
3.2
1.8
0.1

2.0
2.9
5.3
7.3
-0.8
-0.7
0.1
0.7
6.1
9.3
12.7
14.0
14.3

1.9
3.1
2.7
6.1
6.0
1.9
1.1
3.2
-0.2
-2.1
-1.8
-0.5
0.1
-0.1
2.8

1.9
5.1
7.9
14.5
21.4
23.8
25.1
29.1
28.8
26.1
23.8
23.2
0.1
0.0
2.7

17.5
17.9
20.6
26.4
32.6
32.4
33.1
33.7
31.7
27.2
24.5
23.2
21.0
17.2
17.2

1.4
1.5
1.7
2.1
2.5
2.5
2.5
2.5
2.4
2.1
1.9
1.6
1.5
1.4
1.1

-0.2
1.6
1.6
2.8
3.6
1.0
2.2
7.5
2.6
0.2
-0.6
-0.5
-0.3
-0.7
1.3

-0.2
1.4
3.0
6.0
10.2
11.2
13.5
21.4
24.4
24.6
23.8
23.1
-0.3
-1.0
0.4

Monthly Changes

Annual

from the changes

begin. of year

13.7
15.7
17.6
21.6
27.1
28.0
29.2
30.9
30.2
24.9
22.9
23.1
22.9
20.2
19.9

2.0
2.6
3.2
5.1
3.8
0.3
0.3
3.7
0.5
-1.1
-1.0
0.0
0.8
0.6
1.8

2.0
4.6
7.9
13.8
18.5
18.8
19.2
24.0
24.6
23.2
22.0
22.1
0.8
1.4
3.2

32.6
32.0
34.2
32.2
27.9
24.2
22.1
20.7
18.2
16.3

2000 12 - 205 239 .

Since december 2000 the CPI calculation is based on the basket containing 239 consumer goods compared to205 in previous years.

2006 4 - 287 , 2005 12 .

Since April 2006 the items in consumer basket updated to 287 and prices of December 2005 was taken as the base period.
Core inflation is estimated after excluding the most price volatile 29 items, such as meat, milk, diary, and vegetables, from consumer basket.

20

 ,

Loans outstanding

in millions of togrogs

End-of-period

Total loans outstanding

:
Of which:

amount

Loans

Of which: By sectors

Monthly

changes

Public sector

Private sector

Individuals

Other

Other financial
corporations

1992 12
1993 12
1994 09
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 12
2001 12
2002 12
2003 12
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

19,128.6
31,594.5
46,581.3
52,832.6
62,720.8
64,806.6
50,375.1
85,642.0
77,514.4
66,756.7
135,070.7
231,449.8
442,148.1
472,302.3
526,661.5
567,663.2
606,798.6
614,298.5
608,285.3
641,073.6
660,337.3
685,784.0
720,674.3
734,810.9
,
752,367.5
775,069.9
781,246.8
823,931.4
859,851.8
885,357.3
904,630.8
951,677.4
981,785.8
1,003,032.8
1,050,909.6
1,086,171.5
1,104,061.2
1,120,909.5
1,129,289.6
1,181,397.5
1,223,287.3
1,280,164.4
1,334,083.1
1,404,573.2
1,477,607.0
1,509,738.4
1,600,220.7
1,640,370.5
1,808,108.9
1,859,120.9
1,929,678.8
1,961,078.7
2,056,060.8
2,133,446.7
2,230,514.0
2,335,928.9
2,436,530.5
2,487,594.8
2,559,433.0
2,593,526.9
2,685,275.8
2,716,858.6
2,691,283.6
2,668,119.3
2,635,551.6
2,671,994.3
2,685,301.5
2,671,726.6

-11.7
-15.5
2.3
0.2
-4.4
-0.5
-13.4
2.8
-11.0
6.6
5.2
9.4
2.7
6.9
1.3
1.3
2.5
1.2
-1.0
5.4
3.0
3.9
5.1
2.0
2.4
3.0
0.8
5.5
4.4
3.0
2.2
5.2
3.2
2.2
4.8
3.4
1.6
1.5
0.7
4.6
3.5
4.6
4.2
5.3
5.2
2.2
6.0
2.5
10.2
2.8
3.8
1.6
4.8
3.8
4.5
4.7
4.3
2.1
2.9
1.3
3.5
1.2
-0.9
-0.9
-1.2
1.4
0.5
-0.5

19,129.9
31,603.7
46,599.1
52,839.1
62,721.0
31,858.7
35,917.3
53,003.1
35,407.7
50,861.2
124,204.8
214,885.5
405,448.2
434,229.1
482,353.0
510,670.4
546,063.4
554,427.3
537,567.5
574,469.8
592,629.8
615,069.7
651,508.9
663,872.3
,
678,200.6
700,024.5
704,140.8
744,482.2
789,451.2
809,066.6
827,582.2
870,855.5
900,221.1
921,291.2
965,401.6
992,442.1
1,006,727.6
1,018,515.1
1,033,352.6
1,083,672.2
1,129,945.4
1,182,853.4
1,228,678.6
1,305,901.1
1,376,059.7
1,392,733.1
1,493,630.7
1,528,327.8
1,698,967.3
1,739,919.5
1,812,807.5
1,850,923.5
1,947,669.5
2,020,304.1
2,113,789.6
2,221,243.4
2,318,604.3
2,361,219.5
2,431,751.0
2,468,769.8
2,559,113.2
2,586,907.5
2,549,082.7
2,525,988.2
2,353,561.2
2,351,039.5
2,344,099.3
2,273,868.7

12,204.2
21,744.4
14,423.8
12,193.4
10,883.4
9,006.9
7,804.7
9,335.5
3,999.1
5,378.3
9,534.4
11,318.3
15,647.4
15,495.6
14,293.9
13,019.3
12,560.1
12,522.0
13,494.8
13,504.8
15,988.8
17,321.2
22,284.6
24,115.7
,
17,057.9
21,182.2
20,879.3
21,943.5
34,112.2
36,508.2
34,894.5
29,013.1
24,802.0
26,857.6
29,779.7
33,548.6
28,898.0
32,637.1
31,040.1
31,570.0
36,255.6
33,234.9
34,690.4
36,449.8
34,282.0
21,032.1
22,794.8
18,870.0
22,114.0
21,704.5
18,959.1
17,062.8
25,939.1
30,880.5
30,371.8
30,226.5
20,840.5
9,326.9
10,665.4
14,033.0
16,908.7
17,653.4
17,097.0
22,660.9
33,624.9
25,390.3
24,565.3
26,033.8

6,925.7
9,859.3
32,158.3
40,637.9
51,776.2
20,320.6
25,271.8
39,697.4
29,055.5
43,305.6
108,722.7
194,578.2
335,978.3
248,371.0
283,544.1
295,053.1
320,077.8
315,833.2
304,208.4
327,548.5
336,802.4
346,070.7
367,278.1
379,166.2
,
380,703.4
386,271.8
386,475.2
411,619.0
437,639.1
440,732.7
452,769.6
486,292.1
503,809.4
504,561.2
531,179.1
550,014.7
541,929.9
532,119.3
537,891.6
570,124.3
594,446.6
626,693.1
658,952.0
711,630.8
769,277.5
801,358.3
868,157.2
881,047.7
989,677.7
1,001,022.3
1,035,666.6
1,047,123.2
1,089,555.3
1,102,558.6
1,179,008.6
1,207,004.8
1,265,389.4
1,334,330.7
1,384,247.4
1,409,970.8
1,453,001.2
1,477,149.9
1,466,035.2
1,466,936.1
1,348,449.7
1,382,481.4
1,393,346.2
1,362,579.5

154,476.1
169,725.8
186,351.1
196,020.3
209,110.2
204,847.8
217,424.9
222,098.0
233,337.2
246,252.9
245,630.6
,
265,403.7
277,478.5
282,394.8
296,585.6
304,817.1
319,240.3
328,314.2
344,896.9
356,745.6
372,227.2
390,676.7
395,571.9
422,471.3
437,697.2
447,421.5
467,058.4
483,212.6
504,699.7
516,220.8
539,141.8
552,686.7
559,096.9
585,363.3
612,124.1
669,592.3
700,127.9
740,384.1
767,769.4
810,622.5
864,479.3
882,575.1
957,545.9
1,001,924.3
988,639.2
994,386.0
1,002,594.8
1,045,159.4
1,047,903.3
1,024,830.1
998,411.1
955,037.6
925,471.1
909,241.0
875,758.6

17.0
7.8
61.4
2,531.2
2,840.8
3,970.2
2,353.1
2,177.3
5,947.7
8,989.0
53,822.5
15,768.3
14,277.1
15,811.0
16,950.6
16,116.6
14,335.9
15,501.9
16,998.2
17,597.0
14,106.8
13,911.4
,
13,951.6
14,285.3
13,462.2
13,492.5
12,384.4
12,016.0
10,824.2
9,707.6
13,722.3
16,344.2
12,544.7
12,061.8
12,000.4
14,544.4
14,494.8
13,435.0
14,436.8
16,694.9
16,529.4
16,376.1
17,282.3
9,098.9
15,182.4
15,239.0
16,032.2
15,378.4
15,284.0
16,553.5
19,057.0
19,149.7
18,176.1
21,075.4
21,300.7
21,536.4
34,335.3
35,055.0
39,358.3
39,811.7
35,945.8
33,550.4
13,101.0
13,792.4
13,720.7
5,515.6

118.1
512.2
435.8
454.6
845.4
680.6
489.7
742.2
743.5
1,586.5
1,048.5
,
1,084.1
806.6
929.3
841.7
498.3
569.5
779.8
945.8
1,141.8
1,301.0
1,221.4
1,245.1
1,428.0
1,517.2
2,504.6
1,484.5
1,593.9
1,530.8
2,286.0
2,302.7
2,531.1
2,146.9
2,132.9
1,046.9
1,551.1
1,686.5
2,513.8
2,414.6
2,495.6
3,236.0
3,657.9
5,390.9
9,149.4
7,386.3
8,116.9
7,116.2
4,685.5
4,389.3
5,174.6
4,429.7
3,348.0
3,904.3
3,226.1
3,981.2

21

 ,

Loans outstanding

continued

End-of-period
:

Principal in arrearsOf which: By sectors

Non-performing

Of which: By sectors

loans

Public sector

Private sector

Other

Public sector

Other

Private sector

Individuals

Individuals

, -

Other financial ,

Other financial

corporations

corporations

Sub/d, doubtful,
loss loans

1992 12
1993 12
1994 09
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 12
2001 12
2002 12
2003 12
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

8,057.8
4,553.9
6,051.9
2,925.7
1,281.8
1,798.3
4,819.4
15,549.7
14,722.7
13,404.9
21,186.6
21,617.1
21,832.9
29,881.5
26,245.7
26,922.0
25,192.9
22,533.4
23,256.8
,
24,532.8
22,390.9
21,745.7
24,185.9
20,929.6
25,302.6
25,208.9
26,436.2
26,126.2
25,398.0
25,156.6
25,749.2
29,928.2
34,868.4
29,855.5
31,456.1
33,320.4
35,068.1
41,380.4
37,639.9
41,109.7
53,035.3
44,728.8
46,345.5
45,029.3
50,142.3
50,420.8
44,600.6
40,320.0
45,518.4
48,386.4
46,461.0
50,833.8
56,856.0
54,623.5
50,253.8
51,888.9
54,807.6
58,949.7
55,026.9
93,323.1
124,743.5
142,585.0
132,173.0

878.6
726.4
1,335.8
209.3
235.1
1,364.9
12.0
15.0
62.4
0.0
26.1
2.0
2.0
34.7
32.8
45.8
128.1
117.5
112.1
14.0
9.0
0.0
0.0
7.0
5.0
0.0
0.0
369.9
1,646.6
1,637.9
1,648.2
1,659.7
2,000.0
2,505.0
2,673.7
1,190.8
1,112.9
1,035.8
953.5
872.1
790.3
706.8
621.9
536.8
449.7
174.7
174.4
174.4
1,276.8
1,192.5
1,193.4
1,046.3
897.8
746.4
0.0

11,199.2
9,057.6
13,804.5
16,685.0
15,099.7
21,302.1
19,619.7
19,870.7
18,385.2
16,023.1
16,392.4
,
18,670.6
16,710.3
15,013.6
17,648.9
15,124.4
18,302.9
19,174.1
18,956.6
18,027.7
19,209.2
16,500.7
18,477.1
22,431.5
27,122.3
22,181.6
23,005.6
22,252.8
21,876.0
28,354.8
24,042.3
26,700.1
32,012.5
28,831.2
29,780.0
29,608.2
35,130.5
36,949.6
32,720.3
32,283.1
37,113.5
39,333.2
37,362.2
40,692.0
45,180.3
43,002.6
37,570.0
34,161.0
36,159.2
38,779.9
33,931.3
74,988.0
98,969.1
112,146.1
102,409.2

2,623.6
3,593.2
6,023.2
4,709.3
6,031.8
6,339.1
5,754.7
6,168.9
5,721.8
5,483.3
5,665.4
,
4,903.8
4,723.5
4,869.3
4,669.5
3,899.4
4,897.5
4,075.4
4,683.7
5,356.7
5,118.6
5,974.5
6,955.0
7,172.2
7,714.4
7,648.0
8,450.1
8,674.6
9,523.4
9,342.4
9,908.9
10,709.5
11,549.9
11,363.0
11,859.6
12,127.5
11,802.6
10,363.3
8,864.5
7,134.9
7,584.6
7,760.4
7,892.7
8,941.9
10,610.6
11,265.2
12,499.3
12,820.0
12,634.9
14,336.8
19,804.1
17,278.1
24,737.8
29,677.8
29,742.8

19.2
27.1
23.1
13.6
466.3
875.4
858.1
866.2
1,023.5
1,026.9
1,173.0
,
956.4
955.1
1,828.1
1,834.8
1,859.9
1,972.4
1,842.0
2,683.8
2,727.8
1,061.3
2,681.4
12.3
12.9
26.7
25.9
0.5
2,020.4
2,022.1
2,045.3
2,040.4
2,040.4
7,472.9
2,029.5
2,032.1
2,071.8
2,065.3
2,042.1
2,032.2
0.0
0.0
585.9
584.1
652.7
605.1
110.3
0.2
4,687.6
4,713.9
4,617.9
59.9
0.0
138.7
0.0
0.0

2.1
0.6

1.2
1.2

1.8

304.9
304.6

2.7

31.0
31.0
30.0
30.0
30.0
30.0
0.0
0.0
10.5
10.4
70.7
9.9
45.8
22.9
22.5
38.1
10.8
0.0
14.6
21.0

24,890.1
9,903.8
26,587.0
39,181.0
14,613.8
9,067.6
11,744.9
21,150.3
23,350.5
30,903.6
35,806.2
39,118.0
38,038.2
40,836.4
40,358.1
40,785.5
45,521.5
46,632.0
47,681.8
,
49,634.1
52,654.5
55,360.2
55,263.2
49,471.0
50,988.0
51,839.7
54,385.6
55,438.5
56,343.6
60,351.3
67,980.2
67,405.4
67,526.0
66,081.4
66,269.2
60,021.6
62,243.0
64,024.1
61,032.2
60,437.5
63,970.0
61,861.2
65,697.2
64,112.3
69,059.0
66,450.5
65,554.6
68,071.3
67,624.2
68,338.0
68,224.4
67,092.3
69,519.3
73,058.4
74,503.3
74,273.7
75,143.5
83,251.2
87,104.2
188,667.2
196,211.4
198,617.2
265,684.9

259.0
390.6
388.6
356.4
356.4
356.4
351.6
351.6
350.1
10.6
42.0
10.7
10.7
10.7
11.1
11.1
33.6
33.4
33.4
27.7
27.7
36.7
25.9
25.9
106.9
106.9
106.9
106.1
109.6
109.6
109.6
109.6
109.6
109.6
109.6
132.0
162.4
144.5
116.4
520.7
636.6
752.0
877.7
1,052.0
1,049.4
137.8
123.7
123.7
123.7
123.4
123.4
123.4
123.4
124.6
124.6

19,556.4
22,616.7
25,661.5
28,295.0
27,817.8
29,461.4
29,164.0
29,122.7
33,344.4
35,289.3
35,795.4
,
36,758.4
40,016.1
42,150.3
42,083.2
36,301.1
37,128.9
36,960.5
39,390.4
39,597.0
39,886.6
42,886.4
49,585.8
48,381.7
48,096.7
46,400.0
46,171.2
42,320.0
43,624.0
44,203.5
41,110.6
39,965.6
41,486.9
40,078.8
43,822.7
41,762.0
45,254.6
42,436.3
41,433.5
44,311.1
43,371.5
42,937.7
43,211.5
42,150.0
42,761.7
44,875.8
44,361.8
43,083.9
43,602.5
50,398.5
52,213.9
146,961.2
150,208.4
147,677.7
207,353.3

3,302.3
7,643.7
9,499.9
10,201.5
9,551.5
10,708.2
10,526.6
10,937.4
11,544.3
11,050.2
11,564.8
,
12,598.7
12,359.9
12,930.5
12,899.3
12,890.3
13,551.5
14,580.4
14,230.4
15,072.9
16,191.5
16,592.8
14,878.4
15,510.6
15,830.2
15,761.1
16,344.0
15,682.7
16,609.7
17,511.9
17,607.9
18,161.7
20,171.3
19,453.1
19,544.1
19,956.7
21,410.6
21,640.3
21,775.4
21,021.2
21,397.8
22,400.0
21,892.1
21,647.7
23,465.8
25,850.4
27,823.4
28,866.8
29,524.7
30,839.4
32,876.2
41,378.4
45,696.1
50,625.4
58,024.5

229.2
248.8
253.0
264.6
312.1
310.0
315.4
373.3
280.9
281.5
279.0
265.9
267.2
268.1
269.2
268.1
273.4
264.9
730.9
740.4
237.2
834.9
3,489.6
3,486.7
3,491.7
3,812.7
3,646.4
1,912.2
1,899.4
1,896.2
1,901.0
1,897.7
1,897.7
1,915.5
1,917.9
1,952.9
1,923.7
1,926.5
1,926.4
1,915.4
1,915.3
1,915.3
1,910.1
1,909.7
1,909.6
1,861.5
1,861.5
1,866.4
1,862.5
1,859.9
1,860.7
150.8
153.4
151.9
144.6

3.5
3.7
3.1
0.5
0.5
0.5
0.5
0.5
1.7
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.7
0.6
0.6
0.2
302.9
303.1
302.9
304.5
304.2
302.9
308.7
307.8
302.9
302.9
302.9
302.9
332.9
332.9
332.9
332.9
332.9
332.9
332.9
30.0
30.0
30.0
53.4
30.0
37.7
37.8

22

 ,

Loans outstanding

continued

End-of-period

By banks

Golomt

Capital

Khan

Trade &

Mongol Post

175.9
689.3
4,049.5
5,726.3
8,553.3
14,020.2
25,229.9
34,898.1
49,778.1
56,123.4
81,904.3
82,022.9
96,608.7
96,217.8
97,977.9
103,532.8
105,485.3
117,313.2
113,269.3
113,856.8
,
109,140.2
110,564.1
109,094.7
124,180.2
135,964.2
133,569.4
141,213.8
140,177.6
139,008.6
151,586.8
159,093.1
162,297.1
165,936.0
157,706.5
162,399.8
180,141.9
184,906.9
190,835.8
198,459.1
200,850.9
210,035.4
205,480.3
236,201.7
228,101.4
255,377.9
274,490.7
286,683.2
290,800.7
329,356.6
324,461.5
338,510.9
367,648.6
384,136.2
410,644.1
419,127.1
428,059.4
430,160.5
445,257.1
445,362.9
447,432.6
442,755.3
457,222.2
457,674.3
467,764.8

1,000.0
514.8
213.4
41.7
919.9
1,152.9
1,310.5
1,512.0
1,302.5
849.7
1,358.3
2,280.3
6,169.2
6,186.4
7,116.0
6,712.1
8,764.6
9,315.6
9,485.1
10,156.2
11,433.8
13,106.2
13,639.2
14,999.2
,
15,124.9
15,455.2
15,784.5
15,995.6
15,527.8
15,992.3
15,889.6
16,109.9
15,167.2
15,585.1
17,384.6
17,650.7
18,617.4
19,151.2
21,062.7
22,944.3
22,804.7
22,406.2
24,929.8
25,210.9
25,558.0
24,304.3
27,666.4
28,474.4
29,709.1
29,864.0
28,339.5
29,222.0
33,125.0
31,838.7
31,334.5
32,219.7
37,992.6
42,857.7
48,790.2
50,404.4
52,821.5
55,691.2
58,562.7
59,506.1
59,096.1
60,241.1
60,428.2
60,068.5

4,189.1
6,390.9
6,005.8
5,071.0
5,076.3
3,717.5
3,407.4
4,341.4
3,421.4
3,201.0
9,959.7
24,992.7
52,091.3
60,938.9
66,770.2
76,971.6
81,074.6
87,090.8
86,238.7
90,200.6
91,189.0
91,844.9
95,418.2
97,401.9
,
111,357.0
119,139.7
123,545.4
128,410.9
134,355.7
143,485.6
143,800.1
151,081.1
153,500.3
155,245.6
166,657.2
173,000.1
194,803.3
208,029.8
214,176.4
226,393.3
238,986.5
256,498.0
268,628.7
281,883.2
290,058.6
300,508.1
320,527.0
333,158.0
374,060.0
402,808.3
425,413.7
442,466.2
476,778.1
509,069.9
519,734.8
527,945.9
547,517.9
559,618.4
588,525.0
594,760.1
639,205.6
642,876.8
633,149.0
624,100.9
608,364.7
607,827.1
612,585.6
601,344.6

1,075.9
3,316.4
3,753.1
4,784.0
5,194.7
7,596.2
13,934.4
32,757.9
23,921.1
26,018.4
37,216.6
52,449.0
64,308.9
66,311.3
76,235.7
86,968.0
92,569.5
88,811.5
89,754.5
89,647.8
91,492.8
98,574.9
113,017.0
120,861.8
,
108,695.3
114,227.3
116,660.0
126,944.3
148,617.5
150,309.4
158,517.3
168,695.0
175,560.0
179,651.8
187,751.1
202,339.9
189,270.2
195,804.0
195,749.7
212,881.8
219,179.2
237,198.4
237,547.0
252,138.4
272,409.3
278,585.5
289,010.1
274,769.0
305,796.2
310,172.2
316,119.6
308,312.6
349,705.9
377,788.5
389,607.8
405,162.4
433,692.3
450,467.6
453,271.9
451,115.8
461,033.7
452,219.4
443,262.3
433,381.5
431,431.8
442,125.9
448,713.3
442,113.9

Erel

Credit

Savings

Development

1992 12
1993 12
1994 09
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
12
12
12
12
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

Transport
Development

398.2
602.1
533.3
1,097.2
1,123.3
887.8
1,389.1
3,866.1
4,794.0
12,493.9
16,600.2
31,133.9
36,571.8
39,891.0
41,190.0
42,769.0
44,782.9
45,711.8
48,589.6
50,246.5
53,159.8
56,143.1
56,524.7
,
57,315.6
57,539.0
58,319.8
61,844.0
62,072.3
65,007.6
66,689.2
71,962.2
74,317.4
76,276.0
79,870.5
79,018.0
81,928.3
84,271.9
85,043.6
88,955.3
91,993.7
97,100.8
101,119.0
120,080.7
124,996.4
133,565.0
135,629.3
137,199.7
142,336.0
142,525.8
150,782.2
158,515.7
161,432.9
164,684.5
177,207.7
190,730.3
186,520.8
180,194.5
179,176.5
175,887.2
174,881.1
169,908.4
165,532.1
162,293.2
156,044.9
157,732.4
158,068.9
165,753.5

132.8
434.4
368.1
275.6
1,047.9
6,393.5
14,552.4
18,149.5
19,047.9
20,914.7
21,131.7
22,871.4
21,587.7
22,582.5
23,168.2
22,889.4
22,750.0
23,155.1
,
24,372.3
24,891.8
25,142.6
24,436.2
24,664.4
27,744.7
28,437.8
30,993.9
32,707.6
32,228.6
31,930.5
34,449.2
35,298.9
35,464.3
32,832.3
31,645.0
29,755.6
29,320.5
29,804.4
27,919.9
29,065.5
32,688.3
34,356.1
37,521.3
43,562.5
44,884.6
46,010.4
47,145.4
43,308.1
46,378.2
47,088.2
49,590.7
50,823.1
50,566.2
51,635.3
53,498.9
56,344.8
57,036.2
54,540.1
54,073.6
54,045.9
55,127.7
56,335.7
54,481.5

523.6
1,052.9
774.5
1,350.4
2,464.0
4,685.2
6,089.0
6,237.9
7,105.3
7,685.6
7,312.8
7,728.4
7,467.7
6,389.1
6,033.0
5,705.1
5,273.9
4,921.6
,
4,809.8
4,894.1
4,845.7
4,736.8
4,794.6
4,742.0
4,592.6
4,334.1
4,288.3
4,474.3
4,365.3
4,395.6
4,449.4
4,874.7
5,721.9
6,107.9
6,679.7
6,606.0
6,632.1
6,618.8
6,702.7
6,572.2
6,363.3
6,884.1
7,493.6
7,047.2
6,499.5
6,756.3
6,631.8
7,046.7
7,489.2
7,863.6
8,191.5
8,484.3
8,828.8
9,476.6
10,759.4
11,602.7
11,748.8
11,557.9
11,226.8
11,035.7
10,795.0
10,441.7

1,605.0
2,185.0
2,434.9
2,968.9
2,719.0
4,869.9
4,863.6
5,332.4
4,885.3
4,965.4
4,294.5
4,396.3
5,034.4
5,351.1
5,268.8
4,750.3
4,660.4
,
4,889.3
4,972.8
4,897.3
4,589.9
4,774.8
4,800.3
5,108.2
4,979.1
7,026.2
7,256.8
9,607.5
9,506.0
9,122.9
8,931.7
8,579.1
8,360.3
8,481.2
8,376.8
7,930.0
6,816.0
6,611.5
6,426.9
6,113.7
6,024.3
6,180.0
7,013.7
8,107.7
8,053.8
6,949.8
7,820.6
7,917.4
8,893.5
9,755.3
9,712.8
9,519.5
9,369.4
8,882.1
8,161.9
8,313.9
8,787.5
9,150.5
9,284.7
9,179.3
8,933.6

622.5
1,028.6
780.3
2,331.1
3,597.1
4,295.9
6,535.2
9,184.7
7,650.1
8,705.4
8,960.8
8,741.9
8,878.4
8,975.1
9,401.3
8,514.4
10,423.5
,
10,701.0
10,706.4
10,806.3
10,555.8
10,575.4
10,465.2
12,204.7
12,089.1
10,356.7
10,159.3
9,870.1
9,746.2
9,640.2
7,713.3
7,942.7
8,834.1
8,582.2
8,564.9
8,450.9
8,252.9
8,063.8
7,677.4
4,852.7
4,639.8
6,766.0
6,200.9
5,838.1
5,638.0
5,531.1
4,712.4
4,534.4
4,451.2
4,686.0
4,079.7
4,498.1
4,404.8
4,341.4
4,325.4
4,300.7
4,349.6
4,525.2
4,655.6
4,684.5
4,728.3

23

 ,

Loans outstanding

continued

End-of-period

. -

**
Ulaanbaatar
city

Zoos

Anod

Inter*

Capitron

Hasbank

National

Chinggis

investment

khaan

Others

bank**

1992 12
1993 12
1994 09
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
12
12
12
12
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

336.9
1,027.7
3,292.7
5,525.0
6,779.9
8,164.1
7,146.1
7,925.1
10,608.3
13,021.6
16,364.4
18,164.1
22,642.8
26,851.5
29,705.6
34,609.7
36,642.7
,
46,791.8
44,747.2
44,695.1
46,605.8
49,725.0
45,111.3
44,070.4
58,089.1
63,127.6
66,581.7
65,458.5
66,650.2
66,979.2
64,915.7
63,454.6
64,975.8
66,113.3
68,741.9
74,618.5
72,442.1
76,249.3
76,075.8
91,386.6
111,720.3
127,968.7
120,519.3
121,665.3
105,871.0
99,042.5
100,182.8
111,006.5
112,501.1
117,528.0
116,462.0
122,364.9
127,556.2
133,420.9
143,668.8
142,135.0
142,813.0
141,723.0
141,848.5
147,672.8
139,742.4

887.8
3,209.8
10,781.6
18,169.7
25,784.8
27,668.5
30,828.4
35,074.9
38,109.7
39,513.5
38,045.9
42,562.0
46,191.6
49,724.0
52,247.6
53,738.7
,
56,967.5
57,894.6
56,861.2
61,743.3
62,034.4
63,898.3
64,573.8
75,796.3
77,896.1
76,134.6
74,932.1
79,580.2
73,147.8
73,267.1
73,143.9
75,354.3
82,919.1
83,430.5
102,892.2
111,430.0
118,476.2
118,343.3
108,861.9
117,146.4
135,545.9
137,573.3
143,577.2
152,375.9
146,127.2
154,031.2
156,240.1
164,029.5
166,073.3
165,693.1
167,411.2
169,540.4
175,329.8
182,612.3
177,182.9
177,814.1
169,736.7
170,765.8
170,100.2
168,214.2

1,589.9
6,529.7
15,360.0
25,094.6
68,166.2
87,759.2
88,677.3
101,084.9
101,716.4
99,925.2
90,516.3
94,508.6
95,590.8
87,365.3
94,260.7
92,536.6
,
92,406.7
95,685.3
94,874.5
97,668.1
93,816.9
103,325.8
103,258.4
101,643.5
106,737.6
108,102.8
111,016.3
113,655.1
117,621.4
121,254.4
119,924.1
120,418.1
120,855.0
122,888.2
123,900.5
137,598.5
145,559.2
149,635.7
151,254.6
156,189.3
160,683.1
160,155.3
162,364.8
163,397.1
143,329.6
142,827.7
166,393.6
170,849.2
180,863.7
175,556.7
179,165.5
176,518.3
180,023.8
179,847.9
182,132.9
180,733.6
184,170.0
184,669.5
176,822.5
176,666.6

3,218.4
6,909.0
10,660.1
13,656.4
10,674.5
8,415.0
8,835.2
7,207.4
7,287.3
8,858.7
8,398.2
8,019.4
8,580.8
7,312.5
,
7,049.1
6,658.9
6,345.3
6,030.2
6,112.4
5,438.8
5,473.4

2,485.3
11,948.0
18,023.8
21,221.7
21,023.0
19,256.8
20,788.7
20,800.3
19,984.7
20,905.8
21,936.7
22,399.3
23,686.2
22,431.5
,
24,859.9
27,792.1
28,383.1
27,641.2
27,922.8
28,566.9
27,182.8
27,460.4
30,838.1
29,978.8
31,097.4
29,754.8
28,242.0
28,277.4
26,938.4
26,789.3
28,448.2
28,811.7
28,268.1
31,435.0
38,232.8
37,529.0
41,580.4
47,029.1
54,148.3
54,165.8
62,748.1
66,454.4
69,306.5
68,504.1
70,890.4
77,521.4
83,662.3
85,086.6
84,418.1
83,762.5
86,994.9
85,752.2
84,136.9
83,811.7
88,147.8
89,606.4
91,199.5
93,038.5

2,630.1
5,496.0
11,012.2
12,854.9
16,455.3
17,776.2
20,313.6
21,343.4
21,084.2
23,966.8
24,715.2
26,677.9
29,528.2
30,257.0
,
32,659.1
34,118.1
34,845.9
36,010.3
38,077.9
39,022.6
38,576.8
41,158.6
43,866.7
45,141.8
47,367.9
48,477.4
51,776.8
52,282.5
53,386.1
57,491.4
59,813.0
61,891.8
61,985.0
65,064.2
67,354.0
69,645.0
74,125.0
77,045.7
84,518.3
88,201.2
92,652.9
97,094.0
100,683.1
105,523.3
109,042.5
118,966.9
120,986.2
125,772.2
136,504.0
140,166.2
147,001.9
155,648.3
157,099.5
152,724.8
149,749.7
151,686.3
149,973.2
151,488.3

8,437.5
15,405.9
7,058.6
1,758.6
1,800.5
0.0
0.0
1,809.5
1,785.6
1,779.6
1,781.1
1,787.1
1,787.1
,
1,805.0
1,820.0
1,829.0
1,839.5
976.8
972.8
960.0
1,748.6
1,818.8
1,781.1
2,630.0
3,341.2
5,742.3
6,719.5
7,495.4
7,066.1
7,562.2
7,624.5
9,078.7
8,806.4
10,276.6
10,891.7
10,228.5
10,547.4
11,870.9
12,098.9
10,476.1
11,042.7
10,138.3
10,881.4
11,152.7
12,597.8
13,994.1
15,490.7
19,503.9
22,110.5
23,567.5
23,931.1
24,568.9
24,989.3
25,185.2
25,994.3
26,518.0
26,807.2

12,863.6
20,974.2
36,006.9
42,402.6
50,256.8
50,527.4
26,129.1
36,200.5
28,588.3
0.0
0.0
0.0
51,642.4
0.0
33,018.7
0.0
36,731.8
0.0
38,646.1
0.0
40,111.7
0.0
39,070.6
0.0
40,031.7
0.0
40,831.9
0.0
41,499.0
0.0
42,847.8
0.0
43,198.6
0.0
43,299.8
0.0
,
43,423.1
0.0
43,963.1
0.0
44,316.4
0.0
44,699.3
0.0
39,838.9
0.0
42,904.2
0.0
44,081.8
0.0
45,358.9
0.0
45,568.6
0.0
42,847.8
0.0
51,877.4
0.0
52,309.8
0.0
51,485.1
0.0
52,245.5
0.0
51,439.0
0.0
43,038.6
0.0
46,206.7
0.0
49,868.5
0.0
49,839.2
0.0
48,025.2
0.0
47,957.5
0.0
51,809.6
0.0
62,063.4
0.0
63,920.3
0.0
62,092.6
0.0
61,399.9
0.0
62,400.5
0.0
67,933.0
0.0
74,614.5
0.0
77,695.1
0.0
82,363.2
0.0
84,957.1
0.0
90,107.1
0.0
86,908.3
0.0
86,693.0
0.0
96,896.2
0.0
100,506.9
0.0
98,319.1
0.0
99,254.9
0.0
99,749.8
0.0
100,198.0
0.0
102,171.2
0.0
104,550.7
0.0
100,139.0
0.0

24


Deposit rate

in percent

End-of-period

Deposit rate

1993 12
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 12
2001 12
2002 12
2003 12
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

Current account

Demand

Time deposit

Domestic

Foreign

deposit

Domestic Currency

currency

currency

2.0
2.0
2.0
2.0
2.0
0.8-6.0
3.0-6.0
2.4-6.0
0.0-5.1
0.0-6.0
0.0-6.0
0.0-6.6
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-5.0
00 50
0.0-5.0
0.0-5.0
0.0-5.0
0.0-5.0
0.0-5.0
0.0-5.0
0.0-5.0
0.0-5.0
0.0-5.0
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-7.2
0.0-7.3
0.0-7.3
0.0-7.2
0.0-7.2
0.0-7.2
0.0-7.2
0.0-7.2
0.0-7.2
0.0-7.2
0.0-7.2
0.0-7.2
0.0-5.4

1.0-3.6
1.0-3.6
1.0-3.6
0.3-4.2
0.3-3.0
0.3-3.0
0.3-3.0
0.3-3.0
0.3-3.0
0.3-3.0
0.3-3.0
0.3-3.0
0.3-3.0
0.0-3.0
0.0-3.0
0.0-3.0
0.0-3.0
0.0-3.0
0.0-3.0
0.0-7.2
0.0-7.2
0.0-7.2
0.0-7.2
0.0-7.2
0.0-7.2
0.0-7.2
0.0-3.6
0.0-3.6
0.0-4.0
00 40
0.0-4.0
0.0-4.0
0.0-4.0
0.0-4.0
0.0-4.0
0.0-4.0
0.0-4.0
0.0-4.0
0.0-4.0
0.0-3.6
0.0-3.6
0.0-3.6
0.0-3.6
0.0-3.6
0.0-3.6
0.0-3.6
0.0-3.6
0.0-3.6
0.0-3.6
0.0-3.6
0.0-3.7
0.0-3.7
0.0-3.6
0.0-3.6
0.0-3.6
0.0-3.6
0.0-3.6
0.0-3.6
0.0-3.6
0.0-4.2
0.0-4.2
0.0-4.2

24-100
10-63.8
12.0-42.6
12.0-34.5
3.6-34.5
3.6-19.6
3.0-13.2
1.2-13.2
1.2-9.6
2.4-10.2
1,8-10.0
6.0-10.0
6.0-10.0
6.0-9.6
6.0-9.6
6.0-9.9
6.0-9.9
6.0-9.9
6.0-9.9
6.0-9.9
6.0-9.9
6.0-9.9
6.0-9.0
6.0-10.0
6.0-10.0
6.0-9.96
6.0-9.96
6.0-9.96
6.0-9.96
6.0-9.96
6.0-10.0
6.0-10.0
6.0-10.0
6.0-10.2
6 0 10 2
6.0-10.2
6.0-10.2
6.0-10.2
6.0-10.2
6.0-10.2
6.0-10.2
6.0-10.2
6.0-10.2
6.0-10.2
6.0-10.2
6.0-10.2
6.0-10.2
6.0-10.2
6.0-10.2
6.0-10.2
6.0-10.3
6.0-10.3
6.0-10.0
6.0-10.0
6.0-10.0
6.0-10.1
6.0-10.1
6.0-9.96
6.0-9.96
4.8-10.2
0.2-10.2
4.8-10.2
4.8-10.12
4.8-12.0
4.8-12.0
4.8-12.0
4.8-12.0

Foreign Currency

0-1

1-3

1 year

1-3 years 3-5 years 1 year

70-153 5-151.8
50-101.2
12.5-101.2
12.7-60.1
26.8
6.2-69.66.0-42.6
6.0-42.584.0-30.0
9.6-30.0
3.6-24.0
2.4-24.0
6.0-22.0
6.0-22.0
6.0-22.0
6.0-20.4
6.0-24.0
6.0-20.4
6.0-20.4
6.0-20.4
6.0-20.4
6.0-20.4
6.0-20.4
6.0-20.4
6.0-20.4
6.0-20.4
6.0-19.2
6.0-19.2
6.0-19.2
6.0-19.2
6.0-19.2
6.0-19.2
6.0-19.2
6.0-19.2
6.0-19.2
6.0-19.2
7.56-19.2
7 56 19 2
7.56-19.2
7.56-19.2
7.56-19.2
7.56-19.2
7.56-19.4
7.56-19.4
7.56-19.4
7.56-19.4
7.56-19.4
7.56-19.4
7.56-19.4
7.56-19.4
7.56-19.4
7.56-19.3
7.56-19.3
7.56-19.3
7.56-19.3
7.56-19.2
7.56-19.2
2.4-19.2
2.4-19.3
2.4-19.3
2.4-18.6
2.4-18.6
2.4-18.6
2.4-18.6
2.4-19.44
2.4-19.44
2.4-19.4
2.4-19.44
2.4-19.4
2.4-19.4

3-5

0-1

1-3 3-5
1-3 yea 3-5 years

10-72
6-72
6.0-42.6
3.6-42.6
2.4-42.6
1.2-24.0
3.6-14.4
1.2-12.0
1.0-13.2
1.2-12.0
2.4-12.0
2.4-12.0
1.4-12.0
1.4-10.2
1.4-9.6
1.4-9.8
1.4-9.8
1.4-9.8
1.4-9.8
1.4-9.8
1.4-9.8
1.4-9.8
1.4-9.8
1.4-9.8
1.4-10.8
1.4-10.8
1.4-10.8
1.4-10.8
1.4-10.8
1.4-10.8
1.4-10.8
1.4-11.4
1.4-11.4
1.2-11.4
1 2 11 4
1.2-11.4
1.2-11.4
1.2-11.4
1.2-11.4
1.4-11.4
1.4-11.4
1.4-11.4
1.4-11.4
1.4-11.4
1.4-11.4
1.4-11.4
1.2-11.4
1.2-11.4
1.2-11.4
1.2-11.4
1.2-11.4
1.2-19.2
1.2-19.2
1.2-19.3
1.2-10.9
1.2-10.9
1.2-9.6
1.2-11.4
1.2-11.4
1.2-10.2
1.2-10.2
1.2-14.5
1.2-14.04
1.4-14.04
1.4-15.6
1.4-14.04

25


Loan rate

in percent

Securities rates

Interbank market rate

Central bank's
bills rate

( )
Treasury bills rate

Interbank loans

Central bank bills

End-of-period

Repos

Banks loan rates

Overnight loans

Interbank
deposits

Weigthed rate

Domestic
currency

Foreign

Paid rate

currency

(as a trading rate)

Dom. cur-cy

1993 12
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 12
2001 12
2002 12
2003 12
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

120-300
72-264
72-150
72-109
45.0-50.0
23.3
11.4
8.6
8.6
9.9
11.5
9.2
13.3
14.64
15.75
14.99
11.84
9.52
5.90
6.57
5.49
7.11
7.20
6.95
7.53
6.52
4.75
4.51
4.18
3.65
7.55
8.06
7.40
7.84
7 97
7.97
7.43
6.76
6.69
6.42
6.59
5.39
4.26
4.26
4.29
3.68
5.67
8.31
8.75
8.91
9.19
9.85
10.43
11.15
11.25
13.57
15.34
15.42
14.42
14.41
16.06
15.72
15.04
14.78
12.07
11.14
13.59

7.87
12.90

For. cur-cy

3.94
4.77
4.40
5.51

12.69
14.77

15.9
15.6
15.00
17.00
15.91
16.26
0.00
15.15
14.03
12.00
0.00
12.00
11.00
10.00
0.00
13.20
14.75

6.95
11.00
11.00

6.50

5.75
5.79
5.56
6.25
7.45
7.91

12.00
5.80
8.19
6.17
7.88
6.30
6.16
6.15
6.97
7.58
7.78
8.39
7.52
9.47
9.98
10.38
11.91
10.76
10.81
11.85
10.88
11.00
11.00
11.00
12.13
12.41
14.07

7.2
9.6
8.77
10.90
14.05
15.59
15.54
15.90
2.13
2.39
8.01
4.00
5.10
4.29
4.73
5.08
3.67
4.35
4.56
3.10
1.85
5.55
7.59
5.00
5.57
6 93
6.93
6.93
5.00
7.00
6.06
6.30
5.52
5.33
3.00
2.00
0.00
0.00
5.32
0.00
7.20
6.95
6.76
9.25
9.15
9.49
12.60
15.53
13.06
13.21
11.55
17.00

5.2
11.9
8.58
12.87
14.46
15.74
15.50
16.80
9.14
5.60
3.70
4.19
8.67
4.92
4.78
7.43
5.25
4.92
2.50
6.00
5.83

9.00
5.40

3.94
2.84
4.86
6.22
5.40
6.78
7.40
8.11
9.47
10.00
11.01
18.00
16.00

19.00
9.75

10.04
8.34

12.0
8.00
13.05
7.39
15.52
14.27
11.30
4.53
4.92
9.19
5.86
5.58
5.22
6.20
6.46
5.14
6.10
5.76
5.21
2.75
7.32
8.90
7.89
6.40
6 14
6.14
8.40
6.52
6.20
6.16
6.43
6.13
6.15
4.81
4.92
4.16
5.02
6.55
6.05
6.48
8.29
8.67
8.76
9.99
10.45
15.52
16.64
13.84
13.19
10.78
18.72
18.60
19.00
19.82
19.50
19.24
19.07

8.90
8.50
8.78
9.35
10.49
9.88
10.35
16.09
11.23
11.52
12.18
18.60
17.43
18.66
14.71
18.37
13.66
16.50

6.91
10.24
8.83
11.33
13.83
15.36
14.82
14.11
7.48
5.10
8.86
5.65
5.42
5.01
5.85
6.60
5.06
6.13
5.51
4.45
2.38
7.16
8.77
7.34
3.10
6 07
6.07
8.26
6.20
6.30
6.12
6.40
6.08
6.49
4.84
5.30
5.26
5.66
6.29
6.46
7.20
7.81
8.25
8.75
9.78
10.17
13.60
16.01
12.53
12.17
11.18
18.22
18.21
18.81
17.87
19.15
15.78
17.86

45.8
38.8
34.7
41.4
33.4
31.5
30.3
30.3
32.3
30.0
32.7
31.9
32.7
31.3
31.0
30.0
27.2
31.7
30.5
30.6
29.0
28.3
29.5
27.6
28.3
27.3
27.3
24.2
25.5
28 1
28.1
26.1
27.6
27.2
24.5
25.3
21.6
22.5
22.3
23.7
21.0
22.3
20.0
19.7
21.3
22.3
19.9
17.3
22.1
20.8
21.7
18.4
21.7
21.8
21.8
21.5
21.0
18.5
20.4
21.2
21.6
20.4

34.2
36.5
25.8
22.2
19.8
19.6
19.7
21.8
18.2
17.9
16.3
15.7
16.3
16.9
15.9
17.3
17.8
18.0
16.2
17.8
15.5
14.8
17.8
15.4
15.8
16.2
16.6
15.9
16.8
16 3
16.3
15.3
16.1
14.4
15.5
15.1
15.7
13.2
16.3
14.1
15.5
14.5
12.0
12.9
13.8
13.4
14.2
13.9
16.3
13.8
13.9
17.1
15.0
14.4
15.2
15.7
16.7
16.0
16.8
17.5
17.0
19.4

30.7
30.2
29.2
27.6
26.1
25.0
24.8
24.4
24.3
24.1
24.0
24.1
23.9
23.8
24.2
24.1
23.5
23.5
23.4
23.3
23.2
23.2
23.2
23.2
23.1
23 1
23.1
23.1
23.0
22.9
23.0
23.1
23.0
22.9
22.6
22.4
22.2
22.1
21.9
21.6
21.4
21.0
21.7
20.5
20.4
20.3
20.2
20.0
19.9
19.7
19.6
19.6
19.6
19.7*
19.3
19.3
20.8
18.8

26


Interest rate applied by banks
( , )
(in percent, annual)

Name of a bank

Deposit rate

Demand deposit rates

Domestic

Foreign

Domestic currency

Currency

Currency

0-1

Demand

Time & Saving

Demand

Foreign currency
0-1
Time & Saving

Golomt

1.2-3.6

1.2

8.4-12

9.6-17.4

1.0-5.4

5.4-10.2

Capital

1.8-3.6

2.4-3.6

7.2

6.0-19.3

3.6

6.0-10.2

Savings

0.0-3.0

6.0

9.6-16.8

2.4

4.2-8.4

KHAN

0.0-4.8

8.4

2.4-18.0

0.8-3.6

2.4-7.8

Trade & Development

0-3.0

0.0-1.0

6.0-6.9

12.6-15.9

1.2-1.8

1.4-5.52

1.2-4.8

1.0-2.4

8.4

6.0-18.6

1.2-4.8

3.6-10.8

8.0

8.0-18.6

1.2-3.6

6.0-14.04

6.0-8.4

12.0-18.0

2.4-3.6

4.8-8.4

8.4

15.0-19.44

1.8-4.8

6.0-8.4

Ulaanbaatar city

7.2

13.8-18.6

0.1-3.6

6.6-10.2

Zoos

Anod

9.6

14.4-18.0

6.0

6.6-9.0

Mongol Post

Transport development

Erel

Credit

Capitron

Xac

0.7-1.64

3.0

4.8-5.4

0.4-4.2

12.0

13.2-19.4

1.8-5.4

2.88-10.44

2.0-4.0

0.2-3.0

4.8-10.2

7.2-18.6

1.2-6.0

1.44-10.8

5.4

3.0

8.2-9.1

12.0-17.5

0.8-2.4

2.04-6.3

National Investment

Chinggis khaan

27


continued

Name of a bank

Prime rate

Lending rates

Weighted average lending rates

Domestic

Foreign

Manu-

Individuals

Others

Domestic

Foreign

Currency

Currency

facturing

Currency

Currency

Golomt

19.2

Capital

6.0

Savings

Trade

14.4 12.0-30.0

3.6

21.6

Agricultural

12.0-30.0

14.4-48.0 12.0-30.0

3.6-6.0

18.9

20.3

21.6

16.9

24.0

9.6-48.0

20.5

21.5

11.0

14.4

14.4-32.4

12.0-33.6

16.8-36.0

16.8-36.0

6.0-36.0

14.2

22.7

Trade & Development

10.8

10.2 19.8-22.8

19.8-24.0

13.2-18.0

16.6

15.7

Mongol Post

19.2

18.0 16.2-36.0

16.2-39.0

16.2-39.0

30.3

13.5

Transport development

18.0

12.0-33.6

22.9

12.0

Erel

24.0

21.6 21.6-31.2

21.6-31.2

21.6-33.6 21.6-33.6

26.1

Credit

19.2

18.0

0.0

8.0

16.20

30.0

24.0

24.0-34.8 16.2-24.6

24.7

17.0

16.8

13.2

19.8

22.6

27.0

19.8

Ulaanbaatar city

Zoos

Anod

Capitron

19.89 22.8-23.89 13.8-21.17

24.0

24.0

36.0

9.6

5.0 7.25-33.6

30.0-36.0

5.04-44.4 30.0-40.8

22.4

12.9

Xac

15.5

8.2 12.7-42.0

12.7-42.0

12.7-43.2 5.7-43.2

29.7

18.6

National Investment

12.0

9.6

14.4-18.0

8.0-14.4 18.0-19.5

15.0

12.0

Chinggis khaan

15.0

4.0 12.0-15.0

28


Trade balance
.
in million of dollars

Exports

amount

End-of-period

(%)

Imports

amount

By major trading countries (%)

Russia

China

Other

annual

(%)
By major trading countries (%)

Russia

China

Other

annual

changes

changes

1990 12
1991 12
1992 12
1993 12
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12

95.9
297.4
368.0
360.9
324.3
473.3
424.3
451.5
345.2
358.3

210.1
23.7
-1.9
-10.1
45.9
-10.4
6.4
-23.6
3.8

81.0
78.7
57.2
37.5
27.7
13.1
20.6
8.8
11.8
13.5

0.7
9.1
16.8
30.9
19.4
14.3
17.7
20.1
31.9
57.1

18.3
12.2
26.0
31.6
52.9
72.6
61.6
71.1
56.3
29.5

139.9
359.3
400.0
361.5
221.7
415.3
450.9
468.3
503.3
512.8

156.8
11.3
-9.6
-38.7
87.3
8.6
3.9
7.5
1.9

84.3
74.2
52.4
59.7
57.9
52.0
34.2
34.3
29.9
29.2

2.0
4.6
12.2
16.8
9.7
10.1
14.6
13.5
13.2
13.5

13.7
21.2
35.4
23.5
32.4
37.9
51.2
52.2
56.9
57.3

2000 12
2001 12
2002 12
2003 12

466.1
521.5
524.0
615.9

30.1
11.9
0.5
17.5

9.7
8.6
9.2
6.7

58.9
45.7
42.1
46.6

31.5
45.7
48.8
46.7

614.5
637.7
690.7
801.0

19.8
3.8
8.3
16.0

33.6
35.4
34.4
33.1

20.5
21.4
24.3
24.5

46.0
43.2
41.3
42.4

2004 03

131.4

1.7

1.3

59.1

39.6

184.9

10.8

34.2

23.3

42.4

06

307.2

40.1

1.1

59.0

39.9

479.9

33.0

30.8

22.7

46.4

09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

559.3
869.7
56.5
93.2
168.4
226.3
292.1
396.6
480.5
561.7
668.2
787.9
898.3
1,064.9
53.0
127.6
229.8
331.5
458.5
611.6
756.2
900.0
1,080.2
1,203.4
1,377.4
1,542.8
167.7
274.1
371.2
503.3
663.3
836.2
977.5
1,143.3
1,299.6
1,469.3
1,657.6
1,889.0
216.5
433.5
579.8
771.2
997.6
1,276.3
1,472.3
1,682.5
1,968.6
2,160.9
2,325.8
2,529.0
170.4
232.4
322.3

39.3
41.2
61.3
32.4
28.2
23.0
19.3
29.1
27.1
18.0
19.5
21.3
25.4
22.4
-6.2
36.9
36.5
46.5
57.0
54.2
57.4
60.2
61.7
52.7
53.3
44.9
216.4
114.8
61.6
51.8
44.7
36.7
29.3
27.0
20.3
22.1
20.3
22.4
29.1
58.1
56.2
53.2
50.4
52.6
50.6
47.2
51.5
47.1
40.3
33.9
-21.3
-46.4
-44.4

1.3
2.4
1.0
2.0
2.3
2.5
2.5
2.1
1.8
1.8
1.8
2.0
2.0
2.6
1.7
1.8
1.5
1.6
1.0
1.6
1.8
1.9
2.0
2.4
2.7
2.9
1.3
1.3
2.3
1.9
1.8
2.2
2.3
2.2
2.3
2.6
2.8
3.0
2.3
0.8
2.1
2.4
2.4
2.5
2.6
2.9
3.0
3.3
3.4
3.3
0.6
1.3
2.8

50.6
47.6
55.4
51.8
56.5
56.6
55.3
49.2
51.5
51.1
50.0
49.8
49.8
48.1
52.2
62.7
67.3
67.0
69.2
70.5
71.6
71.9
70.1
70.0
68.1
67.8
51.3
58.8
60.6
65.9
69.9
71.9
72.9
73.5
74.5
74.6
74.0
74.1
47.9
37.2
52.3
60.3
65.0
64.1
65.7
67.5
66.1
67.0
67.0
64.6
28.9
41.1
50.7

48.2
50.0
43.6
46.2
41.2
40.9
42.2
48.8
46.7
47.2
48.2
48.3
48.2
49.3
46.1
35.5
31.2
31.4
29.8
27.8
26.5
26.2
27.9
27.5
29.2
29.2
47.4
39.8
37.1
32.2
28.4
26.0
24.9
24.3
23.2
22.8
23.2
22.8
49.8
62.0
45.6
37.3
32.6
33.4
31.6
29.6
30.9
29.7
29.6
32.1
70.5
57.6
46.5

752.6
1,021.1
62.3
117.7
211.5
285.6
373.9
500.1
607.0
712.3
812.9
939.3
1,045.6
1,184.4
66.5
137.4
233.0
347.0
477.9
617.2
761.0
940.5
1,067.9
1,199.1
1,336.4
1,485.6
114.7
218.5
349.1
512.3
677.5
868.4
1,060.3
1,259.2
1,462.1
1,658.5
1,862.8
2,117.3
214.7
397.1
645.5
951.7
1,338.9
1,695.0
2,073.7
2,388.6
2,724.9
3,004.6
3,338.8
3,244.6
127.6
205.8
393.9

26.7
27.5
20.3
8.7
14.4
3.8
-2.1
4.2
6.1
7.1
8.0
11.3
12.2
16.0
6.7
16.7
10.2
21.5
27.8
23.4
25.4
32.0
31.4
27.7
27.8
25.4
72.6
59.1
49.8
47.6
41.7
40.7
39.3
33.9
36.9
38.3
39.4
42.5
87.2
81.8
84.9
85.8
97.6
95.2
95.6
89.7
86.4
81.2
79.2
53.2
-40.6
-48.2
-39.0

31.5
33.5
28.1
29.2
32.2
31.2
31.1
30.1
31.9
31.6
32.2
34.1
35.0
35.3
37.1
34.7
38.6
36.6
35.6

22.4
25.2
18.4
17.8
19.5
22.7
24.0
27.5
26.6
27.2
28.0
27.8
27.5
24.9
21.3
21.6
22.2
26.1
27.3
29.3
28.5
28.7
28.6
28.2
27.8
27.2
21.7
21.9
22.9
25.6
27.6
29.1
31.2
31.2
32.1
32.1
31.7
31.3
31.0
12.1
12.4
31.2
33.2
33.3
33.1
33.4
32.9
32.6
33.1
27.6
25.4
18.6
16.7

46.1
41.3
53.5
52.9
48.3
46.1
44.9
42.4
41.5
41.3
39.9
38.1
37.5
39.8
41.5
43.7
39.2
37.3
37.1
70.7
36.2
35.3
35.6
35.6
35.4
35.9
38.0
38.2
37.8
39.1
37.4
36.2
34.5
33.9
33.8
33.4
34.0
34.2
32.0
45.3
48.4
33.0
35.2
34.2
33.6
33.0
32.7
32.9
32.6
34.0
51.4
54.4
56.0

35.3
35.9
35.8
36.3
36.8
36.9
40.3
39.9
39.3
35.3
35.0
34.7
34.3
34.9
34.2
34.5
34.2
34.6
37.0
42.6
39.2
35.7
31.6
32.6
33.3
33.6
34.5
34.5
34.3
38.4
23.2
27.0
27.3

Source: Report of the Customs General Administration

, . /export included gold and import included payment of Airbus/

2002 10 ,
-
.

In accordance with IMF metodology the volume&value of nonmonetary gold is included in external trade export & import since October, 2002

29


Trade balance

continued

( )

End-of-period

Of which financing (imports)

External trade turnover

Trade balance

Long term

Foreign

loan

grant

Foreign direct

changes

investment

1990 12
1991 12
1992 12
1993 12
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12

-44.0
-61.9
-32.0
-0.6
102.6
58.0
-26.6
-16.8
-158.1
-154.5

25.8
46.5
52.4
56.2
88.2

63.5
63.6
50.0
44.3
59.7

2000 12
2001 12
2002 12
2003 12

-148.4
-116.2
-166.8
-187.1

25.0
25.0
33.9
25.5

84.9
81.3
49.7
41.8

amount

annual

80.0
80.8
78.9
57.4
61.4

235.8
656.7
768.0
722.4
546.0
888.6
875.2
919.8
848.4
871.1

178.5
16.9
-5.9
-24.4
62.7
-1.5
5.1
-7.8
2.7

69.3
49.8
29.6
99.2

1,080.6
1,159.2
1,214.7
1,387.5

24.1
7.3
4.8
14.2

2004 03

-53.5

4.5

14.5

16.8

316.3

6.8

06

-172.7

25.8

24.6

48.1

787.1

35.7

09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

-193.3
-151.5
-5.8
-24.5
-43.1
-59.3
-81.8
-103.5
-126.5
-150.6
-144.7
-151.4
-147.3
-119.5
-13.5
-9.7
-3.2
-15.5
-19.4
-5.6
-4.8
-40.6
12.3
4.3
41.0
57.2
52.9
55.7
22.2
-9.0
-14.2
-32.1
-82.7
-115.9
-162.5
-189.3
-205.2
-228.3
1.8
36.4
-65.7
-180.5
-341.4
-418.7
-601.4
-706.1
-756.3
-843.7
-1013.1
-715.6
42.7
26.6
-71.5

41.8
52.0
3.9
8.3
10.7
15.4
21.6
24.6
26.7
29.9
31.6
32.6
32.7
37.0
0.1
0.2
0.8
1.1
4.0
5.3
7.7
8.2
11.3
12.8
14.5
16.4
1.8
4.5
9.4
11.8
16.0
20.5
26.0
29.1
34.3
37.7
38.6
39.7
40.7
1.3
1.5
2.7
9.4
12.4
13.7
16.7
21.3
22.4
23.2
23.9
1.9
3.0
1.9

40.2
52.5
1.9
1.9
6.0
8.1
8.7
9.9
11.8
13.7
14.8
18.2
21.4
29.1
0.7
7.4
12.5
16.2
20.7
22.4
25.1
27.8
31.1
33.7
36.2
40.3
2.8
3.2
4.3
18.0
19.6
21.3
30.0
32.6
35.4
37.2
38.9
42.2
1.5
3.1
5.6
7.1
16.3
28.1
41.3
46.8
52.9
52.0
55.7
59.8
2.0
1.9
17.3

69.1
95.0
5.1
5.1
26.4
38.6
52.3
64.2
78.5
93.5
108.1
125.5
134.3
152.6
4.4
9.0
21.3
40.8
48.9
64.3
78.2
102.2
110.7
118.9
131.1
146.1
5.2
14.1
20.9
33.0
48.4
75.6
90.6
105.8
130.3
143.0
156.6
172.8
28.4
41.2
49.1
60.9
82.1
114.9
139.3
165.8
190.9
209.3
235.2
258.7
3.7
6.0
12.3

1,311.9
1,890.8
118.8
210.9
379.9
512.0
666.0
896.7
1,087.5
1,274.0
1,481.1
1,727.2
1,943.9
2,249.2
119.5
265.0
462.8
678.5
936.5
1,228.8
1,517.2
1,840.5
2,148.1
2,402.4
2,713.9
3,028.4
282.4
492.6
720.3
1,015.6
1,340.8
1,704.6
2,037.8
2,402.5
2,761.7
3,127.8
3,520.5
4,006.3
431.3
830.6
1,225.4
1,722.9
2,336.5
2,971.2
3,546.0
4,071.1
4,693.6
5,165.4
5,664.6
5,773.6
298.0
438.2
716.2

31.8
36.3
36.8
18.0
20.1
11.5
6.3
13.9
14.5
11.6
12.9
15.7
18.0
19.0
0.6
25.6
21.8
32.5
40.6
37.0
39.5
44.5
45.0
39.1
39.6
34.6
136.4
85.9
55.6
49.7
43.2
38.7
34.3
30.5
28.6
30.2
29.7
32.3
52.7
68.6
70.1
69.6
74.3
74.3
74.0
69.5
70.0
65.1
60.9
44.1
-30.9
-47.2
-41.6

30


Real and nominal effective exchange rate index of Togrog

in percent

End of period

1-

2-

3-

4-

5-

6-

7-

8-

9-

10-

11-

12-

Jan.

Feb.

March

April

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

2000 =100
Average of 2000=100

2001
2002
2003
2004
2005
2006
2007
2008

REER

104.35

99.97

102.61

102.34

101.97

97.58

99.90

98.12

99.19

101.23

102.64

104.37

NEER

99.63

99.41

99.89

100.92

100.49

100.78

101.41

100.70

101.00

99.93

100.69

102.25

REER

99.82

103.29

101.59

104.60

104.64

100.86

99.51

97.13

99.50

98.92

100.22

101.15

NEER

102.61

102.86

102.88

102.93

103.43

101.46

100.57

100.61

101.09

98.77

99.16

99.92

REER

98.13

98.90

98.00

101.24

99.92

94.01

93.83

90.69

94.07

93.88

93.27

92.87

NEER

98.45

98.47

97.36

98.84

97.28

96.06

95.05

94.53

94.21

93.39

92.78

92.16

REER

91.62

90.88

89.98

90.75

91.36

90.14

90.39

88.58

88.52

86.84

86.42

83.56

NEER

90.79

89.08

89.81

90.31

90.92

90.37

89.15

88.45

88.47

87.61

85.51

83.02

REER

86.62

88.49

88.82

91.32

89.17

89.06

88.13

83.64

85.16

84.53

86.11

86.18

NEER

85.36

86.55

88.36

88.43

87.78

87.19

88.25

86.34

85.74

85.84

86.00

85.35

REER

93.64

86.26

87.48

88.74

86.90

87.82

87.32

88.54

85.09

87.07

85.13

86.00

NEER

85.64

86.26

88.08

87.46

86.77

86.81

87.61

87.57

87.05

87.03

86.72

86.01

REER

85.94

86.55

84.17

86.39

85.01

85.42

81.64

80.23

82.97

81.83

81.65

80.55

NEER

86.36

85.28

84.38

85.18

84.52

84.76

83.92

82.10

80.88

80.69

80.07

81.73

REER

82.25

81.55

80.16

82.20

83.41

NEER

81.71

80.26

78.30

77.85

78.66

REER- , NEER-
REER-real effective exchange rate, NEER-nominal effective exchange rate

31


Exchange rates on foreign exchange market

Togrog against foreign currency

End-of-period
USD

end-of-period

EUR

SEK

BGN

HUF

CZK

EGP

JPY

CHF

GBP

HKD

RUB

monthly
average

1993 12
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 12
2001 12
2002 12
2003 12
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

396.51
414.09
473.62
693.51
813.16
902.00
1072.37
1097.00
1102.00
1125.0
1168.0
1177.0
1174.0
1202.0
1209.0
1208.0
1208.0
1192.0
1188.0
1189.0
1193.0
1193.0
1205.0
1215.0
1221.0
1228.0
1221.0
1216.0
1200.0
1174.0
1191.0
1175.0
1172.0
1169.0
1168.0
1168.0
1165.0
1164.0
1165.0
1166.0
1164.0
1165.0
1165.0
1165.0
1163.6
1165.1
1187.3
1184.3
1177.5
1171.8
1170.0
1171.77
1171.8
1168.2
1164.9
1161.4
1158.1
1155.4
1150.9
1146.1
1144.4
1170.6
1267.5
1381.7
1470.2
1524.1

395.03
413.00
473.48
692.76
811.95
891.86
1070.39
1097.00
1101.29
1124.09
1170.30
1177.65
1166.95
1198.93
1211.77
1210.90
1208.50
1202.54
1186.93
1188.00
1190.53
1193.45
1200.07
1212.19
1218.77
1224.40
1226.68
1220.68
1210.21
1183.23
1186.27
1182.55
1171.53
1170.32
1168.35
1167.70
1166.61
1164.10
1164.84
1165.55
1164.64
1164.55
1165.00
1165.00
1164.09
1164.10
1180.38
1187.63
1179.71
1173.94
1170.22
1170.67
1171.67
1170.84
1166.67
1163.26
1159.22
1156.77
1152.91
1148.24
1144.58
1155.85
1228.97
1333.41
1436.96
1562.95

1086.85
1006.61
973.60
1169.4
1460.2
1433.17
1430.3
1481.7
1647.4
1574.4
1595.0
1543.0
1537.9
1489.6
1439.2
1439.7
1471.4
1465.3
1485.1
1452.8
1449.1
1483.2
1423.6
1416.5
1492.8
1510.2
1470.7
1483.8
1498.8
1478.7
1482.4
1533.7
1535.3
1511.1
1538.6
1553.4
1583.9
1566.2
1566.5
1592.1
1621.9
1673.7
1696.8
1736.0
1717.2
1731.1
1768.4
1841.7
1812.0
1810.7
1823.2
1803.1
1699.4
1644.0
1511.8
1510.4
1786.8
1807.6
1875.6
2009.7

128.00
160.60
154.70
156.50
163.30
183.20
173.30
175.80
168.90
167.90
162.10
152.70
152.15
157.71
156.27
156.15
153.40
153.82
160.31
151.18
150.25
160.65
162.44
159.56
160.72
162.11
159.58
160.81
168.77
169.83
167.12
166.17
166.41
173.07
168.47
169.27
172.90
173.00
181.19
184.86
185.69
181.49
183.14
188.72
196.03
193.57
194.11
193.81
190.71
180.29
169.34
153.73
146.56
163.07
170.77
166.61
182.97

599.30
746.50
736.55
731.40
757.60
842.40
805.00
815.60
788.90
786.30
761.50
735.90
736.10
752.40
749.20
759.40
742.90
741.20
875.40
728.00
724.20
763.30
772.10
752.00
758.60
766.40
756.10
757.90
784.20
785.00
772.60
786.60
794.30
809.70
800.80
800.96
814.09
829.19
855.83
867.57
887.41
877.99
885.09
904.11
941.54
926.28
925.73
932.13
921.70
868.87
840.55
772.57
772.29
913.52
924.13
958.95
1027.52

5.00
5.60
5.72
5.60
6.00
6.70
6.40
6.60
6.20
6.10
5.90
5.80
5.90
6.00
5.90
5.90
5.80
5.80
5.90
5.60
5.30
5.70
5.80
5.20
5.50
5.40
5.40
5.70
6.00
6.10
5.90
6.10
6.20
6.40
6.20
6.34
6.33
6.33
6.69
6.76
6.83
6.78
6.70
6.84
7.17
7.18
7.51
7.64
7.83
7.15
6.79
5.97
5.77
6.67
6.32
6.33
6.53

37.30
44.90
43.64
44.80
46.90
54.00
52.20
53.40
51.10
50.30
48.70
47.90
47.70
49.80
49.70
50.00
50.10
50.10
52.10
50.30
49.40
52.50
53.50
51.70
52.30
53.10
52.10
52.40
54.80
55.80
53.50
54.10
55.40
56.40
55.20
54.83
56.86
58.67
60.63
62.95
65.56
64.49
66.46
70.52
72.88
71.79
72.48
75.73
75.98
68.70
67.02
63.56
60.08
67.20
65.69
66.12
73.22

242.80
188.80
190.15
189.40
194.30
197.70
207.00
208.30
205.50
204.70
205.10
205.70
206.70
208.60
211.10
211.80
212.90
212.40
212.10
209.30
204.30
207.00
203.90
203.50
203.20
203.30
203.60
203.10
203.20
204.00
204.50
204.40
204.30
205.20
204.50
204.19
206.17
209.90
211.66
213.03
211.86
211.66
210.66
213.45
213.85
215.93
217.08
216.47
217.63
214.01
210.10
205.08
212.07
229.41
247.83
262.30
270.31

3.55
4.12
4.63
5.98
6.28
7.71
10.42
9.74
8.39
9.38
10.92
11.14
10.84
10.83
11.65
11.70
11.47
11.12
11.26
11.01
10.84
10.61
10.92
10.76
10.60
10.31
10.37
10.45
10.33
9.99
10.43
10.52
10.06
10.11
9.98
9.89
9.92
10.03
9.81
9.57
9.73
9.92
9.75
9.46
9.80
10.29
10.25
10.27
10.67
10.33
10.98
11.01
11.69
11.18
11.05
10.88
10.70
10.56
10.79
11.59
12.30
14.04
15.32
15.43
15.84

275.01
310.99
409.53
514.28
565.93
656.72
676.15
659.53
657.30
804.00
935.70
917.88
939.40
955.00
1067.70
1019.60
1033.60
993.90
999.70
963.70
931.60
920.60
950.40
941.70
961.00
938.60
930.10
957.20
910.30
899.10
945.10
968.70
940.60
943.50
951.50
932.00
932.20
965.20
955.00
930.20
951.10
958.20
964.30
951.40
947.47
965.67
989.36
1010.59
1010.78
1054.13
1032.58
1073.34
1102.84
1170.75
1121.10
1113.81
1133.19
1105.55
1053.03
1036.86
1014.78
975.25
1202.57
1194.90
1265.48
1325.85

592.70
639.77
731.27
1172.48
1358.14
1508.05
1734.56
1615.11
1598.60
1804.00
2073.40
2142.55
2146.60
2177.90
2320.90
2278.40
2307.00
2239.20
2273.80
2167.80
2168.90
2079.20
2161.30
2148.80
2178.50
2119.70
2103.70
2162.60
2092.90
2043.20
2146.70
2203.70
2130.80
2172.90
2219.70
2181.40
2211.00
2270.10
2290.90
2293.50
2288.50
2288.20
2316.70
2305.00
2326.85
2362.13
2393.91
2393.21
2430.09
2428.77
2337.54
2332.35
2318.86
2329.74
2309.73
2290.51
2296.20
2290.42
2113.47
2074.02
1903.43
1802.26
1837.19
1948.83
2136.60
2157.63

51.32
53.51
61.23
89.64
104.93
116.45
137.99
140.66
141.30
144.30
150.50
150.98
150.50
154.10
155.50
154.90
154.90
152.80
152.40
152.90
153.50
153.40
155.10
156.60
157.50
158.40
157.50
156.80
154.70
151.30
153.60
151.50
150.90
150.40
150.20
149.90
149.90
149.70
149.80
149.30
149.00
149.10
148.90
149.30
148.91
148.92
152.17
152.58
151.93
150.48
149.99
150.18
150.54
150.12
149.52
148.81
148.44
148.06
147.39
147.47
147.61
150.98
163.55
178.11
189.62
196.65

0.12
0.10
0.12
0.14
42.65
39.95
39.18
36.20
35.40
39.90
41.31
40.50
41.10
43.40
43.00
43.50
42.80
42.70
42.30
41.70
41.60
42.20
42.60
43.00
42.70
42.50
43.40
42.60
42.30
43.70
43.50
43.30
43.50
43.70
43.60
43.60
44.20
44.30
43.90
44.50
44.80
45.30
45.00
45.08
45.53
46.29
47.42
47.66
48.14
47.68
47.87
48.59
49.67
49.18
49.09
49.39
49.32
46.81
46.31
43.13
42.71
43.12
39.76
40.93
44.60

32


Exchange rates on foreign exchange market

continued

End-of-period

//

//

CNY

KRW

CAD

AUD

THB

IDR

MYR

SGD

XAU

XAG

SDR

1993 12
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 12
2001 12
2002 12
2003 12
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

48.60
56.94
83.57
98.21
108.96
129.53
132.52
133.10
135.90
141.10
142.20
141.80
145.20
146.10
146.00
146.00
144.00
143.50
143.70
144.10
147.10
148.80
150.10
151.00
152.00
151.30
150.80
149.20
146.30
148.60
146.40
146.50
146.60
146.70
147.70
147.90
148.60
149.20
149.90
150.30
150.80
151.00
152.30
152.78
153.96
157.26
157.61
157.59
158.76
160.18
162.92
164.69
166.58
166.71
167.41
168.78
169.03
168.54
167.43
167.34
171.43
185.25
202.01
214.99
222.94

0.82
0.49
0.74
0.95
0.89
0.83
0.94
0.98
1.02
1.02
1.04
1.16
1.18
1.20
1.17
1.19
1.19
1.16
1.16
1.17
1.17
1.17
1.18
1.21
1.25
1.24
1.20
1.26
1.24
1.22
1.23
1.22
1.23
1.23
1.25
1.25
1.24
1.24
1.24
1.25
1.25
1.26
1.26
1.26
1.29
1.30
1.26
1.25
1.24
1.25
1.18
1.16
1.13
1.11
1.14
1.06
0.96
0.92
0.79
1.01
1.00
0.97
1.10

298.28
295.08
347.61
506.86
567.27
582.16
730.75
720.81
691.00
720.60
892.60
898.99
873.00
944.70
999.00
974.10
974.50
984.10
949.50
945.80
968.40
965.10
1004.50
1035.10
1042.70
1049.50
1048.30
1057.90
1044.80
1003.20
1060.30
1066.80
1043.40
1030.50
1054.00
1046.90
1039.90
1027.30
1004.20
985.50
1004.10
1004.20
1038.80
1087.90
1008.11
1092.84
1116.97
1180.48
1232.54
1186.47
1194.58
1173.06
1197.87
1148.53
1149.65
1172.51
1146.37
1129.93
1100.56
1099.68
960.61
953.48
1027.82
1132.79
1176.89
1217.50

547.97
691.09
608.56
559.70
634.90
872.10
882.22
820.30
861.30
936.70
936.50
946.00
920.30
926.50
905.80
910.10
901.50
902.10
923.60
922.20
909.50
892.60
914.10
886.60
833.20
898.80
897.10
853.40
890.30
890.80
870.70
895.60
910.60
923.20
901.30
923.70
943.10
961.10
954.30
979.43
993.45
969.35
1040.55
1084.78
1036.53
1024.02
1039.18
1099.81
1073.08
1087.59
1116.13
1112.08
1096.43
997.38
936.53
783.61
761.91
875.03
908.30
952.60
1034.77

24.73
28.52
26.10
24.90
26.00
29.50
29.77
28.70
28.90
31.00
31.40
31.50
30.30
30.00
29.40
28.90
28.60
29.20
29.50
30.00
29.80
29.80
31.20
30.60
30.20
31.70
30.80
30.50
30.90
31.10
31.10
35.10
32.20
32.30
32.20
32.70
33.30
33.40
33.60
33.69
38.99
34.60
34.56
34.62
36.28
34.75
35.48
36.61
37.06
36.73
35.78
34.49
34.50
33.80
33.64
32.88
33.13
38.68
39.59
41.18
42.88

0.11
0.15
0.12
0.11
0.13
0.14
0.14
0.12
0.13
0.13
0.13
0.13
0.13
0.12
0.13
0.12
0.12
0.11
0.12
0.12
0.12
0.12
0.13
0.13
0.13
0.14
0.13
0.13
0.13
0.13
0.13
0.13
0.13
0.13
0.13
0.13
0.13
0.13
0.13
0.13
0.13
0.13
0.13
0.13
0.12
0.12
0.13
0.13
0.13
0.13
0.12
0.13
0.13
0.13
0.12
0.11
0.10
0.11
0.12
0.12
0.13

237.68
282.20
288.68
290.00
296.10
307.40
309.74
308.90
316.30
318.20
317.90
317.90
313.70
312.60
312.90
313.90
318.20
319.60
322.30
323.50
324.90
323.00
324.20
323.10
317.80
328.60
324.50
317.70
318.70
317.50
316.70
319.90
320.70
330.70
332.90
333.00
337.30
340.50
342.40
335.49
336.16
338.45
346.45
352.07
347.72
352.61
362.05
365.62
365.57
369.35
358.12
354.87
354.08
340.30
332.54
323.68
323.20
363.86
383.79
401.41
416.93

543.18
642.41
634.84
595.90
647.60
686.40
698.72
685.90
709.60
738.40
739.50
740.00
721.70
723.60
716.90
708.70
716.30
716.00
719.20
723.70
726.00
733.10
749.30
738.80
724.40
752.80
745.20
733.90
739.20
742.10
736.00
746.30
753.10
760.20
757.60
762.60
768.00
767.30
761.70
757.40
769.27
779.54
793.53
811.52
809.63
808.74
825.34
838.15
845.67
855.69
850.10
849.15
844.89
814.54
799.06
780.42
774.21
878.75
918.26
963.16
1001.39

257761.60
308574.47
300358.60
306080.50
393187.50
485537.60
492427.38
469893.50
494442.70
528151.70
515967.00
523124.40
508090.00
513216.00
498726.10
519104.10
506965.50
525741.50
570442.50
578998.20
612925.50
625152.00
678376.00
668040.00
674903.30
759411.40
770095.00
680990.60
739334.10
718728.80
702406.00
703252.30
744843.60
738959.50
748921.80
798213.00
774958.00
783520.80
766395.30
750134.08
771782.11
790134.84
863325.54
924463.10
945541.56
969437.14
1080371.94
1118677.96
1101467.49
1033185.29
1043258.67
1064428.09
1059398.18
960031.58
996181.43
889576.02
952608.30
1110719.01
1221871.02
1455394.79
1412508.08

4446.86
5651.60
5062.66
4937.00
5298.80
6926.20
8945.20
6973.60
7921.20
8263.50
8202.30
8848.60
8320.20
8244.70
8614.30
8452.40
8416.60
8121.70
8948.50
9566.50
10210.80
10897.40
11606.70
11658.00
13154.70
15125.70
15169.30
12024.70
13314.90
14278.80
13478.70
14148.90
16010.80
15034.30
15303.80
17046.80
15535.30
15488.70
15319.80
14353.38
14820.45
14075.20
15910.53
16909.40
16985.53
17204.41
19480.68
22387.62
21313.26
19640.89
20294.94
20110.75
20010.66
15825.01
14859.06
11769.85
12010.77
13765.16
16462.48
21302.76
20292.99

549.62
602.19
708.53
999.35
1095.06
1271.24
1473.72
1426.96
1382.40
1519.20
1729.00
1730.81
1725.20
1764.30
1875.00
1838.20
1848.90
1797.60
1798.10
1765.90
1745.60
1724.30
1766.40
1760.40
1772.20
1743.20
1751.80
1768.50
1722.70
1688.00
1742.70
1751.60
1722.80
1732.70
1735.90
1728.20
1721.70
1751.10
1751.20
1736.70
1744.50
1762.90
1776.50
1766.00
1761.21
1782.56
1819.64
1838.93
1847.94
1863.28
1833.66
1863.69
1875.84
1923.56
1898.57
1891.82
1883.26
1880.34
1810.28
1800.26
1705.16
1732.68
1973.04
2088.01
2182.11
2279.37

33


The Government budget accounts

in millions of togrogs

End-of-period

Total budget account
,

Revenue & Grant

Of which

Expenditure

amount

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
2000 12
2001 12
2002 12
2003 12
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

6,497.2
11,916.4
54,843.3
86,131.4
94,741.3
136,274.4
159,154.0
227,550.4
227,266.6
254,749.9
350,998.1
439,290.0
477,048.9
553,889.3
135,450.8
328,874.9
488,681.9
692,786.1
47,703.9
88,752.1
152,136.1
205,971.2
271,481.4
373,018.5
446,259.3
515,088.8
607,400.0
671,585.3
746,478.3
837,858.3
56,306.1
140,456.6
214,382.5
295,972.3
409,133.3
538,823.6
634,138.6
762,264.5
895,386.6
1,064,423.5
1,181,654.3
1,353,192.2
153,143.0
233,364.2
342,264.3
452,191.4
581,309.3
737,321.8
868,362.6
1,051,858.3
1,231,128.1
1,407,503.2
1,596,458.2
1,851,189.8
175,421.4
323,418.0
497,034.6
684,558.2
820,559.8
1,033,228.3
1,251,720.5
1,405,094.0
1,619,091.9
1,774,904.3
1,913,911.1
2,156,382.6
83,778.9
177,086.7
333,926.9

Current revenue
annual
changes %
6,055.2
83.4
11,289.6
360.2
51,816.4
57.0
82,194.0
89,383.4
58.2
127,512.7
16.8
152,804.6
43.0
211,237.7
-0.1
204,462.4
12.1
247,859.3
37.8
346,205.3
25.2
430,113.6
8.6
470,207.2
16.1
545,227.1
47.4
134,769.8
43.4
324,068.2
29.1
483,141.8
25.1
686,689.7
24.2
47,431.6
11.9
88,439.8
12.3
151,602.8
6.8
205,276.4
9.2
269,906.8
13.4
371,105.6
21.9
444,228.1
21.0
513,009.2
24.3
588,819.1
23.7
669,349.7
22.5
744,188.0
20.9
833,567.6
18.0
55,882.1
58.3
137,862.8
40.9
210,863.4
43.7
292,344.0
50.7
405,495.7
44.4
535,010.4
42.1
630,184.6
48.0
758,254.5
47.4
891,338.9
58.5
1,060,140.3
58.3
1,177,280.6
61.5
1,348,505.3
172.0
153,089.3
66.1
233,129.9
59.7
341,943.4
52.8
451,867.9
42.1
580,813.1
36.8
736,737.6
36.9
867,778.4
38.0
1,051,188.3
37.5
1,230,456.0
32.2
1,403,157.3
35.1
1,591,441.0
36.8
1,843,669.4
14.5
173,738.0
38.6
321,409.3
45.2
494,422.5
51.4
680,454.7
41.2
816,782.2
40.1
1,029,694.3
44.1
1,248,025.1
33.6
1,400,950.6
31.5
1,607,835.9
26.1
1,762,976.8
19.9
1,901,595.1
16.5
2,136,092.1
-52.2
83,687.4
-45.2
176,811.5
-32.8
333,465.2

: ,

Of which

Tax revenue

Non-tax revenue

5,145.8
10,231.0
49,810.1
67,596.4
79,130.5
109,269.5
128,157.5
179,353.7
160,763.5
182,038.7
260,640.8
328,203.2
359,179.2
420,969.2
110,740.8
270,506.4
397,487.3
578,800.9
39,648.8
73,849.2
126,574.8
170,351.5
225,149.0
300,974.3
361,922.6
422,997.4
484,811.8
556,441.5
620,189.8
692,206.5
48,194.5
122,378.5
185,711.2
241,025.8
315,919.7
430,862.4
524,148.8
642,424.2
746,841.7
890,950.1
987,539.7
1,125,617.1
82,784.2
152,072.8
248,981.7
333,594.9
445,843.5
574,366.2
683,546.7
836,940.7
994,269.5
1,130,746.5
1,277,655.9
1,500,720.3
137,039.0
266,530.7
415,289.4
593,293.8
712,940.0
907,033.4
1,092,415.3
1,234,060.0
1,414,643.4
1,563,318.1
1,686,967.1
1,888,925.2
76,253.2
160,342.9
277,220.0

909.4
1,058.6
2,006.3
14,597.6
10,252.9
18,243.2
24,647.1
31,884.0
43,698.9
65,820.6
85,564.5
101,910.4
111,028.0
124,257.9
24,029.0
53,561.8
85,654.5
107,888.8
7,782.8
14,590.6
25,028.0
34,924.9
44,757.8
70,131.3
82,305.5
90,011.8
104,007.3
112,908.2
123,998.2
141,361.1
7,687.6
15,484.3
25,152.2
51,318.2
89,576.0
104,148.0
106,035.8
115,830.3
144,497.2
169,190.2
189,740.9
222,888.3
70,305.1
81,057.1
92,961.7
118,273.0
134,969.6
162,371.4
184,231.7
214,247.6
236,186.5
272,410.8
313,785.1
342,949.1
36,699.0
54,878.6
79,133.1
87,160.9
103,842.2
122,660.9
155,609.8
166,890.6
193,192.5
199,658.7
214,628.0
247,166.9
7,434.2
16,468.6
56,245.2

amount

Grant

432.1
615.2
3,026.9
3,265.3
3,772.2
5,010.5
4,329.3
6,111.2
8,219.0
6,890.6
4,792.8
9,176.4
6,841.7
8,662.2
681.0
4,806.7
5,540.1
6,096.4
272.3
312.3
533.3
694.8
1,574.6
1,912.9
2,031.2
2,079.6
18,580.9
2,235.6
2,290.3
4,290.7
424.0
2,593.8
3,519.1
3,628.3
3,637.6
3,813.2
3,954.0
4,010.0
4,047.7
4,283.2
4,373.7
4,686.9
53.7
234.3
320.9
323.5
496.2
584.2
584.2
670.0
672.2
4,345.9
5,017.2
7,520.4
1,683.4
2,008.7
2,612.1
4,103.5
3,777.6
3,534.0
3,695.4
4,143.4
11,256.0
11,927.5
12,316.0
20,290.5
91.5
275.2
461.7

8,929.3
11,560.7
61,661.9
101,326.1
103,632.6
147,730.6
174,192.9
298,028.0
324,791.2
364,693.9
429,653.1
489,868.0
550,481.2
615,771.3
132,764.4
314,121.4
482,735.1
717,266.7
41,657.9
92,742.5
161,893.8
215,555.8
269,802.3
331,431.3
384,214.2
448,045.1
511,879.3
580,526.4
645,934.4
764,597.1
56,485.1
117,857.8
179,074.8
252,817.7
316,578.4
390,779.8
470,193.5
544,858.2
635,944.8
786,164.0
884,508.7
1,228,667.7
78,831.9
150,811.9
269,503.4
386,687.2
532,739.3
639,414.0
748,153.0
840,601.8
867,286.2
1,221,264.3
1,411,955.0
1,749,168.4
136,992.0
268,144.6
439,686.3
635,811.4
812,956.7
1,038,056.0
1,227,458.3
1,401,442.6
1,622,173.2
1,845,653.2
2,076,854.6
2,462,046.6
112,488.0
289,327.6
440,852.4

Of which

annual Current
changes %expenditure
29.5
433.4
64.3
2.3
45.8
17.9
71.1
9.0
12.3
17.8
14.0
12.4
11.9
19.1
20.0
18.6
16.5
14.8
10.9
21.9
9.7
7.9
5.5
6.3
8.6
6.0
5.9
7.4
6.6
35.6
27.1
10.6
17.3
17.3
17.9
22.4
21.6
24.2
35.4
36.9
60.7
39.6
28.0
50.5
53.0
68.3
63.6
59.1
54.3
36.4
55.3
59.6
42.4
73.8
77.8
63.1
64.4
52.6
62.3
64.1
66.7
87.0
51.1
47.1
40.8
-17.9
7.9
0.3

41,553.3
74,676.2
75,718.7
105,536.2
128,154.1
203,452.0
220,606.6
251,005.7
314,118.7
366,838.3
415,309.0
434,831.7
116,913.5
257,034.1
368,485.6
525,804.2
37,305.6
81,798.7
131,702.3
182,020.4
226,760.1
278,838.3
317,124.2
358,762.7
406,683.5
457,141.3
511,444.8
600,288.8
50,950.4
107,372.6
165,608.6
225,628.4
283,900.8
355,957.4
407,483.2
467,230.9
545,620.7
632,645.4
696,644.3
978,456.4
76,579.5
140,017.2
248,668.3
337,858.5
438,926.5
526,520.5
594,395.2
713,632.5
706,279.7
1,024,526.7
1,182,301.9
1,361,462.7
134,592.4
254,505.8
405,326.5
541,599.2
683,605.0
838,201.7
968,661.2
1,088,406.8
1,225,583.7
1,391,706.7
1,521,204.2
1,749,518.5
102,417.2
267,360.6
406,231.2

Due to adjustment in "Lending minus repayments" made by the Ministry of Finance the figure differs from the previous months data.

34


The Government budget accounts

continued

End-of-period

Central Government budget

Local Government budget

Deficit

Deficit

Deficit

Total expen-

Total

Total expen-

Total

revenue &

diture &

revenue &

diture &

grants

net lending

grants

net lending

Capital
expenditure

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
2000 12
2001 12
2002 12
2003 12
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

8,269.9
10,550.6
14,481.0
22,559.3
26,006.9
28,148.4
102,738.1
28,313.3
52,130.9
59,135.3
68,100.3
90,465.1
4,903.9
26,936.8
66,614.2
105,452.5
609.1
2,407.1
3,387.9
6,270.5
9,423.7
16,753.7
22,281.2
32,811.2
41,546.0
52,084.6
60,744.8
89,818.1
1,579.1
4,936.1
9,737.9
16,533.2
22,816.9
34,822.3
45,368.4
56,462.9
65,974.7
100,270.7
121,288.5
177,492.6
564.3
4,278.0
11,394.4
27,861.5
67,829.5
81,411.6
115,787.5
88,809.5
117,154.7
147,836.4
175,525.4
286,980.0
2,031.0
12,535.6
29,150.0
57,100.7
81,867.2
150,184.4
197,616.3
234,118.1
281,419.3
336,275.5
443,548.0
624,898.8
9,482.3
17,378.1
27,719.6

11,838.7
16,099.3
13,432.9
19,635.1
20,031.9
66,427.6
1,446.5
85,374.9
63,403.5
63,894.4
67,071.9
90,474.5
10,946.9
30,150.4
47,635.3
86,010.1
3,743.2
8,536.7
26,803.6
27,264.9
33,618.5
35,839.9
44,808.8
56,471.2
63,649.8
71,300.5
73,744.8
74,490.3
3,955.6
5,549.1
3,728.3
10,656.1
9,860.7
14,263.3
17,341.9
21,164.4
24,349.4
53,247.9
66,575.9
72,718.7
1,688.1
6,516.7
9,440.7
20,967.2
25,983.4
31,481.9
37,970.3
38,159.8
43,851.8
48,901.2
54,127.7
100,725.7
368.6
1,103.2
5,209.8
37,111.5
47,484.5
49,669.9
61,180.8
78,917.7
115,170.2
117,671.0
112,102.4
87,629.3
588.5
4,588.9
6,901.6

-2,432.1
355.7
-6,818.6
-15,194.7
-8,891.3
-11,456.2
-15,038.9
-70,477.6
-97,524.6
-109,944.0
-78,655.0
-50,578.0
-73,432.3
-61,882.0
2,686.4
14,753.5
5,946.8
-24,480.6
6,046.0
-3,990.4
-9,757.7
-9,584.6
1,679.1
41,587.2
62,045.1
67,043.7
95,520.7
91,058.9
100,543.9
73,261.2
-179.0
22,598.8
35,307.7
43,154.6
92,554.9
148,043.8
163,945.1
217,406.3
259,441.8
278,259.5
297,145.7
124,524.5
74,311.1
82,552.3
72,760.9
65,504.2
48,570.0
97,907.8
120,209.6
211,256.5
363,841.9
186,238.9
184,503.2
102,021.4
38,429.4
55,273.4
57,348.3
48,746.8
7,603.1
-4,827.7
24,262.2
3,651.4
-3,081.3
-70,748.9
-162,943.5
-305,664.0
-28,709.1
-112,240.9
-106,925.5

6,472.9
43,854.7
65,593.1
75,404.7
105,385.5
122,371.9
174,652.4
170,719.1
210,164.4
287,876.0
347,346.0
379,281.4
523,344.0
129,870.0
307,294.2
462,275.5
652,466.3
45,138.8
83,781.6
142,636.4
194,571.5
254,198.4
351,203.6
421,574.5
487,791.8
577,479.1
638,195.9
709,265.0
792,509.8
52,294.8
133,828.5
202,967.1
279,826.9
385,486.0
508,880.8
601,609.9
725,238.5
854,081.8
1,019,055.5
1,130,537.2
1,130,538.2
148,766.6
224,363.9
326,225.7
426,642.3
547,643.0
694,844.2
817,665.1
993,718.5
1,164,924.1
1,335,141.4
1,513,288.1
1,753,430.7
130,187.4
221,907.1
321,481.0
443,788.0
537,671.0
662,170.2
806,979.5
895,752.9
1,030,887.4
1,173,506.2
1,276,731.0
1,442,692.5
65,507.7
134,750.8
242,165.0

5,500.1
34,986.4
77,791.6
72,303.9
115,220.1
132,880.8
237,330.9
269,583.6
297,502.3
360,286.9
395,862.8
443,592.3
585,374.5
126,331.0
298,789.5
456,809.3
675,853.0
40,424.4
89,609.4
156,654.1
207,192.4
258,151.1
314,517.4
363,731.1
423,028.9
481,936.1
547,083.7
607,778.0
717,805.2
53,349.7
122,385.8
169,690.1
240,244.6
299,503.4
380,583.8
442,272.9
512,239.8
598,164.1
742,271.1
835,160.6
835,161.6
77,078.7
145,552.3
258,830.0
347,441.1
673,161.3
632,416.5
725,693.6
802,206.6
1,039,434.4
1,163,534.9
1,339,121.4
1,655,475.9
116,042.3
207,028.4
334,250.5
492,544.9
631,443.4
808,654.5
955,764.3
1,073,763.0
1,249,313.9
1,399,538.2
1,550,459.6
1,736,668.6
95,955.1
251,585.6
375,872.9

972.8
8,868.3
-12,198.5
3,100.8
-9,834.6
-10,508.9
-62,678.5
-98,864.5
-87,337.9
-72,410.9
-48,516.8
-64,310.9
-62,030.5
3,539.0
8,504.7
5,466.2
-23,386.7
4,714.4
-5,827.8
-14,017.7
-12,620.9
-3,952.7
36,686.2
57,843.4
64,762.9
95,543.0
91,112.2
101,487.0
74,704.6
-1,054.9
11,442.7
33,277.0
39,582.3
85,982.6
128,297.0
159,337.0
212,998.7
255,917.7
276,784.4
295,376.6
295,376.6
71,687.9
78,811.6
67,395.7
79,201.2
-125,518.3
62,427.7
91,971.5
191,511.9
125,489.7
171,606.5
174,166.7
97,954.8
14,145.1
14,878.7
-12,769.5
-48,756.9
-93,772.4
-146,484.3
-148,784.8
-178,010.1
-218,426.5
-226,032.0
-273,728.6
-293,976.1
-30,447.4
-116,834.8
-133,707.9

4,464.1
11,849.6
19,804.1
19,336.6
30,888.9
36,782.1
52,898.0
60,664.5
58,849.0
68,536.3
84,433.4
102,604.8
50,260.7
13,423.3
34,650.8
46,539.0
67,919.4
4,429.3
8,915.2
15,073.9
20,481.9
29,471.4
36,915.7
42,295.3
46,939.2
53,285.5
59,738.6
66,739.0
78,308.9
5,417.3
10,846.4
18,600.5
25,991.9
36,341.4
45,390.3
51,469.5
58,739.5
66,125.9
73,171.4
82,383.9
95,327.2
7,557.1
17,365.7
28,331.0
41,350.8
54,755.4
69,737.8
82,090.4
92,096.9
103,592.7
111,853.4
128,494.5
149,394.0
17,906.8
29,019.6
47,217.4
63,248.0
86,207.9
104,616.7
120,642.9
133,704.4
149,148.6
165,558.3
176,490.8
203,697.5
12,181.9
31,511.5
56,920.7

6,060.6
21,525.0
29,701.6
31,328.7
49,081.8
61,753.4
87,817.8
100,702.4
101,266.6
131,077.2
154,841.8
164,330.9
50,112.1
12,064.4
30,829.8
46,058.3
69,013.4
3,097.6
7,077.6
10,814.0
17,800.5
23,839.5
32,014.7
38,093.7
44,658.5
53,307.6
59,792.1
67,682.0
79,343.2
4,541.3
9,822.2
16,754.8
22,738.2
30,171.1
39,906.7
46,861.4
54,332.0
62,601.8
70,376.3
80,614.7
93,013.1
4,933.9
13,625.1
22,965.6
29,370.9
38,504.3
54,278.7
63,541.0
72,298.4
88,237.3
97,221.1
118,158.0
145,327.3
7,352.8
20,550.7
37,069.9
51,086.4
71,769.7
89,610.8
108,043.5
123,062.4
142,362.2
158,310.3
171,961.9
203,136.0
8,225.6
26,449.1
44,044.4

-1,596.5
-9,675.4
-9,897.5
-11,992.1
-18,192.9
-24,971.3
-34,919.8
-40,037.9
-42,417.6
-62,540.9
-70,408.4
-61,726.1
148.5
1,358.9
3,821.0
480.7
-1,094.0
1,331.7
1,837.6
4,259.9
2,681.4
5,631.9
4,901.0
4,201.6
2,280.7
-22.1
-53.5
-943.0
-1,034.3
876.0
1,024.2
1,845.7
3,253.7
6,170.3
5,483.6
4,608.1
4,407.5
3,524.1
2,795.1
1,769.2
2,314.1
2,623.2
3,740.6
5,365.4
11,979.9
16,251.1
15,459.1
18,549.4
19,798.5
15,355.4
14,632.3
10,336.5
4,066.7
10,554.0
8,468.9
10,147.5
12,161.6
14,438.2
15,005.9
12,599.4
10,642.0
6,786.4
7,248.0
4,528.9
561.5
3,956.3
5,062.4
12,876.3

35


Securities market developments

End-of-period

Of which

( )

Market capitalisation

Number of
trading day

Number of listed
companies

Number of trading
companies

Listed
stocks
(in miilions of
number)

State owned

1998 12
1999 12
2000 12
2001 12
2002 12
2003 12
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

22
23
21
21
22
23
21
21
22
23
21
18
22
21
22
21
18
23
22
21
22
22
20
20
22
20
23
21
18
23
21
22
22
21
22
19
21
21
23
20
19
23
20
23
21
21
22
20
21
22
22
21
22
21
22
23
19
23
21
18
22

: ,

429
418
410
400
403
402
404
402
401
395
395
395
393
393
392
391
391
391
391
391
392
392
391
391
391
391
390
390
389
389
389
389
388
387
385
386
384
385
386
386
385
386
387
385
384
384
383
381
380
379
382
382
382
380
379
378
378
376
375
375
374

129
89
69
59
61
68
69
69
68
67
67
67
65
65
65
65
64
64
65
65
66
66
66
66
66
66
66
64
63
62
61
61
60
60
57
58
57
56
56
56
56
57
56
56
56
56
56
34
34
34
34
34
34
34
34
34
34
33
33
33
33

302
203
125
88
134
117
120
85
103
69
78
60
108
86
105
97
63
85
78
83
95
108
117
102
106
105
94
80
64
76
81
89
126
117
108
126
126
133
133
143
148
130
147
177
145
143
133
114
73
76
76
75
77
62
82
69
57
50
59
45
44

226.4
261.0
273.5
274.3
657.3
1124.6
2013.2
2015.7
2015.5
2014.7
2014.7
2014.7
2015.1
2015.1
2024.9
2024.2
2024.1
2024.1
2143.5
2143.5
2163.1
2161.3
2270.8
2270.8
2271.5
2271.5
2271.5
2278.9
2272.1
2272.1
2272.1
2272.1
2271.6
2270.8
2286.2
2285.7
2285.4
2405.0
2410.0
2460.5
2460.4
2481.7
2491.4
2491.2
2491.1
2491.1
2442.3
2442.1
2442.0
2441.4
2687.1
2697.9
2804.7
2804.5
2803.8
2951.9
2951.9
2951.7
3025.1
3025.1
3025.0

in miilions of
togrog

35853.4
34428.0
40482.8
41283.3
35847.6
49513.4
37620.1
27059.3
29589.4
29966.4
28653.5
33004.7
41426.9
38752.6
41163.6
43736.6
44536.3
48518.3
49764.0
49588.0
55154.5
55701.0
64965.6
80609.5
79862.5
81120.8
85287.7
85502.4
86149.7
87707.9
98367.9
105949.4
113387.9
131179.1
138815.1
155775.0
184454.1
183274.8
205318.3
252798.1
474470.2
740372.4
741297.8
703654.6
637455.8
717560.9
788261.7
847518.0
889909.4
842267.0
830089.8
809669.4
772490.4
722118.2
686178.7
576825.7
562349.2
515872.4
450288.8
438542.0
454433.4

in miilions of
USD

39.8
32.1
36.9
37.5
31.9
42.4
32.0
23.0
24.6
24.8
23.7
27.3
34.8
32.6
34.6
36.7
37.3
40.3
41.0
40.6
44.9
45.6
53.4
67.2
68.0
68.1
72.6
73.0
73.7
75.1
84.2
90.9
97.4
112.6
119.1
133.8
158.3
157.3
176.2
217.2
407.2
623.6
626.0
597.6
544.0
613.3
672.7
723.2
761.8
723.0
714.8
702.8
668.6
627.4
598.7
504.1
475.3
407.0
325.9
298.0
298.2

Source: Monthly Report, Mongolian Stock Exchange

36


continued

End-of-period

1998 12
1999 12
2000 12
2001 12
2002 12
2003 12
2004 03
06
09
12
2005 01
02
03
04
05
06
07
08
09
10
11
12
2006 01
02
03
04
05
06
07
08
09
10
11
12
2007 01
02
03
04
05
06
07
08
09
10
11
12
2008 01
02
03
04
05
06
07
08
09
10
11
12
2009 01
02
03

( .)
Value of transaction (in millions of togrog)

Of which

Total amount

Daily average

533.8
350.9
5988.7
312.8
459.1
349.4
4855.7
4916.7
562.0
1189.0
116.3
6948.2
133.8
1478.2
315.7
747.8
872.4
173.6
192.9
113.7
539.6
346.4
396.7
2908.6
3870.4
1242.0
2108.4
612.7
227.5
1762.4
1011.9
200.1
1090.0
2596.0
3030.2
1821.1
1756.4
11111.1
6340.5
6947.4
5064.4
15926.6
16735.6
12993.4
4422.7
16426.4
3546.0
1929.8
3743.8
3663.1
25762.5
6401.0
6700.9
4754.2
2887.1
1032.0
1185.2
740.4
472.6
1382.3
2000.9

24.3
15.3
285.2
14.9
20.9
15.2
2.2
0.6
1.7
7.7
2.1
7.4
1.4
24.7
3.9
33.8
11.4
2.9
3.6
2.7
18.4
15.7
19.8
145.4
175.9
62.1
91.7
29.2
12.6
76.6
48.2
9.1
49.5
123.6
137.7
95.8
83.6
529.1
275.7
347.4
266.5
692.5
836.8
564.9
210.6
782.2
161.2
96.5
178.3
166.5
1171.0
304.8
304.6
226.4
137.5
44.9
62.4
32.2
22.5
76.8
91.0

5,917.26
4,809.57
4,810.14
6,767.74
3,508.64
952.86
9,329.02
4,613.70
6,267.75
3,996.87
7,699.67
7,692.34
1,464.91
29.83
-

-20
TOP-20 Index

224.40
428.68
212.35
93.30
524.94
1,012.41
71.57
47.92
103.73
960.35
229.27
37.36
667.71
106.45
114.03
57.84
134.28
133.17
106.45
39.67
105.13
10.18
72.21
260.18
8.12
51.97
253.06
0.15
14.43
39.33
68.22
3.78
108.71
348.47
174.75
18.80
82.73
43.30
0.96
502.00
-

533.83
350.90
71.39
88.44
30.47
137.07
46.09
13.22
37.10
176.59
44.78
132.58
30.07
517.88
86.41
710.46
204.66
67.12
78.85
55.85
405.35
213.28
290.22
2,868.96
256.63
1,231.80
2,036.23
352.52
219.38
1,710.45
758.81
199.90
1,075.55
1,603.84
2,961.99
1,817.35
1,647.64
1,433.63
1,552.04
660.86
984.83
8,183.64
9,043.30
12,993.36
4,421.76
16,426.43
3,546.02
1,929.77
3,743.78
3,161.13
25,762.50
4,936.12
6,671.07
4,754.23
2,887.08
1,032.03
1,185.20
740.40
472.56
1,382.28
2,000.94

average

highest

lowest

close

238.88
253.69
488.96
845.28
1025.82
740.69
774.93
609.24
707.36
590.68
631.14
594.00
705.96
738.15
771.69
802.33
712.86
777.46
813.63
963.40
1003.20
995.30
1020.14
1077.00
1083.90
1093.26
1147.85
1176.60
1169.23
1178.06
1351.02
1514.27
1772.37
1867.99
2101.10
2253.50
2770.65
2970.56
3017.17
4026.96
6633.82
10490.24
12461.66
11214.89
10160.72
10014.03
10773.89
12085.41
12668.94
12455.78
11366.43
10318.79
9920.37
9026.38
8393.59
7660.70
6401.40
5777.66
5318.54
4747.02
4953.70

251.85
259.53
506.31
962.97
1128.02
910.79
910.74
712.42
770.08
682.13
791.47
675.40
888.07
859.69
964.22
936.73
852.93
924.91
849.28
1043.80
1048.20
1053.00
1081.03
1144.12
1105.40
1117.77
1197.56
1185.40
1171.62
1199.58
1411.29
1665.98
1811.26
2030.81
2152.55
2431.10
3025.00
3043.50
3336.29
4441.78
8131.94
12712.45
13676.95
11692.68
10625.75
10568.33
11247.65
12531.97
13074.88
12990.74
11869.40
10498.77
10363.53
9501.56
8760.74
8421.61
6734.90
6174.18
5648.62
4890.52
5049.82

229.09
245.40
459.64
757.82
803.68
587.88
711.33
491.62
616.42
506.54
502.15
554.60
636.91
600.91
672.57
692.57
658.95
696.65
760.79
843.70
947.70
955.90
988.04
1019.71
1054.00
1082.45
1099.63
1166.30
1164.41
1169.36
1272.00
1419.31
1687.30
1755.03
2031.88
2146.70
2467.24
2911.32
2782.87
3340.29
4300.74
8213.07
11731.70
10657.09
9640.15
9441.35
10248.72
11414.59
12111.83
11873.67
10670.35
10121.30
9481.42
8439.74
8121.92
6530.29
6159.10
5511.01
4944.41
4537.98
4800.53

235.02
255.72
469.93
814.02
933.93
895.90
802.25
492.10
619.99
585.69
601.06
675.40
865.09
777.79
815.04
692.57
680.34
770.33
836.80
852.40
970.60
1019.20
1006.69
1103.37
1095.40
1108.11
1184.37
1168.80
1169.36
1199.58
1410.73
1665.98
1809.07
2030.81
2152.55
2431.10
3019.26
2911.32
3336.29
4408.17
8122.64
12712.45
11814.43
10657.09
9640.15
10256.13
11247.65
12359.05
12966.77
11934.31
10670.35
10302.15
9481.42
8639.77
8496.10
6530.29
6292.50
5583.22
4944.41
4811.44
5049.82

37