The Bank of Mongolia

BANK OF MONGOLIA
Monthly Statistical Bulletin
2008-9


CONTENTS

Monetary survey

, 12
Annualized growth rate of monetary and financial aggregates

Money supply

Consumer price index

Monetary survey

Balance sheet of monetary authorities

11

Balance sheet of other depository corporations

14

Loans outstanding

18

Deposit rate

22

Loan rate

23

,
Interest rate applied by banks

24

Trade balance

26

Real and nominal effective rate of togrog

28

Fax
976-11-311474

Exchange rates on foreign exchange market

29

Web site

The Government budget accounts

31

Securities market developments

33

The Bank of Mongolia

-9
- 46

Address
Baga toiruu 9

www.mongolbank.mn

,
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 03
06
09
12
2002 03
06
09
12
2003 03
06
09
12
2004 03
06
09
12
2005 03
06
09
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

(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
21.6
23.0
20.0
27.9
27.8
27.7
37.8
42.0
45.8
39.1
39.3
49.6
46.8
45.6
35.8
20.4
20.6
24.3
34.5
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
48.9
48.5
40.6
30.9
28.0
27.2
23.9
17.3
15.2

194.5
108.1
347.4
81.3
35.3
7.9
46.6
-9.9
24.4
21.6
38.4
42.4
37.0
36.6
35.4
34.3
54.7
61.5
62.9
63.5
54.1
73.7
63.3
59.8
48.2
27.6
28.4
31.3
43.3
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
44.6
45.4
39.6
31.8
28.5
28.1
23.4
16.5
14.6

54.0
4.5
142.8
77.2
29.7
50.8
18.4
8.5
39.0
13.9
6.3
7.9
5.7
19.4
18.9
21.0
19.3
20.2
22.6
11.3
18.4
13.4
17.0
21.9
12.9
4.0
1.2
9.0
13.0
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

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
-1.4
5.5
1.6
8.2
8.1
5.0
12.4
10.6
13.5
7.0
13.6
8.9
21.5
20.7
9.8
9.1
-5.0
3.8
7.0
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

169.7
44.6
272.4
102.2
36.5
54.9
23.3
8.7
48.3
17.3
-2.5
6.3
2.8
11.0
11.1
9.4
16.5
12.9
18.4
10.0
15.0
13.5
22.9
18.5
9.9
10.3
-0.9
7.2
12.9
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

Reserve
money

Deposits
Deposits

157.1
168.6
104.1
28.7
36.5
23.1
18.7
49.9
18.6
6.0
6.8
6.7
8.2
12.3
13.9
23.9
21.9
26.8
10.9
16.7
14.5
26.4
25.6
15.3
17.0
10.6
20.6
16.3
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

74.6
174.8
159.7
44.3
-1.3
26.6
1.4
18.0
32.5
46.8
53.5
52.1
45.2
45.8
44.0
53.8
62.2
71.2
73.7
61.3
66.5
63.6
56.1
49.7
42.3
32.3
32.6
36.8
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
49.4
44.5
39.9
31.3
27.0
22.9
18.7
13.2
13.2

Current
account

19.1
222.7
19.1
16.0
36.5
52.6
-16.7
22.2
3.7
28.7
19.9
11.2
33.8
27.5
41.0
50.3
50.0
39.4
25.3
30.9
59.0
35.5
49.6
31.9
-10.7
12.7
23.4
52.0
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
52.2
76.4
45.9
60.9
53.8
41.9
38.3
43.5
43.2
31.4
24.2

Domestic
currency
deposits
175.0
121.9
128.1
186.4
33.1
-8.7
27.0
0.4
0.5
31.0
41.2
47.5
51.0
48.4
53.7
56.3
64.5
68.1
71.1
70.8
57.2
63.2
54.9
47.2
36.0
25.3
27.4
30.5
40.3
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
54.0
43.2
37.5
27.6
20.1
15.8
9.9
8.3
7.8

,
Year on year growth rate of monetary and financial aggregates

continued

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
58.2
21.3
65.2
20.1
54.1
2.8
39.6
13.9
31.7
9.9
22.8
9.4
34.7
58.0
51.3
58.9
71.4
36.2
79.9
29.6
70.3
30.8
73.2
98.3
81.8
62.3
74.8
76.4
77.3
42.0
75.6
-14.7
41.0
12.3
36.2
26.4
31.5
70.7
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
34.1
24.1
53.4
37.1
21.3
48.5
49.9
46.9
37.7
42.0
33.8
47.0
35.2
44.1
54.2
45.8
45.8
27.1
32.5
28.9
21.1

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
40.9
52.3
19.5
69.1
22.0
69.2
57.5
102.3
52.8
87.9
88.7
97.9
42.0
94.4
42.5
71.4
42.6
85.2
21.5
71.7
31.0
79.6
21.5
91.0
9.2
68.7
24.4
60.6
19.7
60.8
-4.3
37.2
13.4
35.7
19.4
36.8
25.4
36.5
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

Net
foreign
assets

Domestic
credit

-102.6
-178693.1
26.9
74.1
42.6
83.7
-28.7
73.5
20.4
5.7
13.1
1.1
9.2
10.0
0.6
24.1
40.1
39.8
43.7
38.1
-16.9
-12.4
-15.0
-21.7
21.3
32.3
45.9
69.6
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
118.5
124.2
118.9
110.6
74.2
71.3
60.2
62.5
53.8
47.2
27.7
27.2
19.7
19.0
9.7
-0.5
-6.5
-6.7
-5.9
-21.0
-25.2

46.5
52.1
101.1
-7.5
98.4
-25.0
101.2
-14.3
-27.3
23.8
13.5
22.2
52.4
39.7
82.6
52.4
54.7
63.1
45.5
53.5
157.3
124.3
106.6
125.6
25.8
19.4
22.8
20.1
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
92.8
94.8
86.7
86.7
88.0
79.9
78.8
74.5
76.8

Net
International
reserves

445.3
47.4
90.0
-19.6
88.7
-25.1
45.7
20.3
8.9
19.1
10.1
13.8
19.2
4.6
23.0
41.1
32.8
38.6
30.3
-42.9
-29.7
-33.6
-40.7
26.8
24.5
36.1
65.6
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

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
10.2
0.6
16.2
3.0
3.3
1.2
9.5
0.5
11.0
0.6
1.3
0.7
23.7
1.6
38.4
2.1
35.3
3.3
39.4
3.1
33.7
3.8
-17.1
3.8
-23.7
3.2
-24.3
3.1
-31.6
3.7
0.1
3.5
29.6
1.3
40.0
1.6
63.5
1.1
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
145.9
-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
30.1
0.7
29.4
0.4
21.4
0.5
20.7
0.7
11.2
0.3
0.8
0.0
-2.7
-0.3
-4.7
-0.5
-3.6
-0.8
-17.5
-3.1
-22.0
-3.2


Money supply

in millions of togrogs

End-of-period

1990 12
1991 12
1992 12
1993 12
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 03
06
09
12
2001 03
06
09
12
2002 03
04
05
06
09
12
2003 03
04
05
06
09
12
2004 03
04
05
06
09
12
2005 03
04
05
06
09
12
2006 01
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

Currency issued in circulation

amount

monthly
changes %

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
102,316.4
125,507.4
120,879.8
107,394.4
99,711.6
133,397.4
124,288.6
119,205.8
110,822.1
129,199.1
139,543.7
145,888.0
144,851.7
134,642.8
131,235.3
145,422.1
152,903.4
160,481.3
166,532.4
152,826.6
161,225.1
182,358.9
189,211.8
190,175.8
183,020.2
168,521.1
159,797.2
190,347.0
195,678.8
203,835.2
206,623.7
191,688.3
199,125.3
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

13.2
3.1
0.8
11.8
3.1
5.7
13.8
30.1
-2.1
-1.1
7.8
-2.4
6.6
-1.2
5.7
1.1
16.6
8.0
4.5
-4.8
0.5
8.5
10.8
5.1
5.0
-1.4
1.1
9.2
13.1
3.8
0.5
-5.7
1.7
7.4
19.1
2.8
4.2
-5.7
3.1
3.9
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

Of which

Bank's
vault
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
7,282.1
6,618.0
6,405.4
6,461.0
6,000.6
7,933.6
7,980.1
10,045.1
9,538.3
13,321.1
12,847.1
14,093.3
14,176.1
13,859.2
16,228.6
18,198.2
17,645.1
19,423.2
18,150.1
21,329.9
21,540.2
22,515.5
20,124.5
19,898.5
20,062.4
25,008.4
27,083.3
26,641.1
30,003.5
27,068.9
32,209.1
39,318.8
45,037.9
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

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
95,034.2
30.4
118,889.4
1.2
114,474.4
-0.4
100,933.4
7.3
93,711.0
-1.4
125,463.8
6.7
116,308.5
-0.7
109,160.7
8.2
101,283.8
4.0
115,878.0
14.4
126,696.6
9.3
131,794.6
4.0
130,675.6
-6.6
120,783.6
1.2
115,006.7
8.2
127,224.0
10.6
135,258.3
6.3
141,058.1
4.3
148,382.3
-1.4
131,496.7
-2.1
139,685.0
10.2
159,843.4
14.4
169,087.3
5.8
170,277.4
0.7
162,957.8
-5.9
143,512.7
3.9
132,713.9
14.1
163,705.9
23.4
165,675.3
1.2
176,766.3
6.7
174,414.6
-7.9
152,369.5
-0.4
154,087.5
1.1
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

(1)
Money (M1)

amount

monthly
changes %

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
116,237.0
143,684.2
143,562.4
130,775.0
123,586.3
155,099.6
151,808.6
156,155.3
146,932.2
164,200.9
178,267.6
187,708.4
181,084.7
187,727.8
180,109.6
193,596.3
200,968.7
208,987.9
214,417.5
212,833.4
210,799.3
225,477.7
237,217.9
254,807.0
241,994.9
221,327.6
213,357.6
248,012.6
255,501.6
277,664.4
273,522.2
269,124.4
267,579.6
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

-8.8
-0.4
-0.4
14.7
4.0
9.4
14.9
22.4
2.7
2.5
8.9
3.0
2.8
1.0
6.9
4.2
11.8
8.6
5.3
-4.4
6.9
1.8
7.5
3.8
4.0
-1.3
4.4
6.4
7.0
5.2
7.4
-4.7
4.1
8.2
16.2
3.0
8.7
-6.7
6.3
-0.6
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

Of which

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
21,202.8
24,794.8
29,088.0
29,841.6
29,875.3
29,635.9
35,500.2
46,994.6
45,648.4
48,322.9
51,571.0
55,913.8
50,409.0
66,944.1
65,102.9
66,372.4
65,710.4
67,929.8
66,035.2
81,336.7
71,114.3
65,634.3
68,130.6
84,529.6
79,037.1
77,814.9
80,643.7
84,306.7
89,826.3
100,898.0
99,107.6
116,754.9
113,492.1
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


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 03
06
09
12
2001 03
06
09
12
2002 03
04
05
06
09
12
2003 03
04
05
06
09
12
2004 03
04
05
06
09
12
2005 03
04
05
06
09
12
2006 01
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

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
106,197.0
-5.7
111,573.9
8.3
120,927.8
3.5
128,067.7
2.1
146,954.5
6.4
158,846.5
6.6
165,619.9
-3.0
174,908.9
3.0
198,939.7
8.3
205,133.8
3.1
209,979.4
2.4
213,270.1
1.6
256,280.1
6.2
282,397.8
3.8
324,137.7
3.4
336,930.3
3.9
341,454.2
1.3
348,727.8
2.1
394,923.6
6.4
490,499.0
15.8
529,391.3
1.2
549,398.6
3.8
552,160.3
0.5
557,364.5
0.9
585,255.1
-0.5
625,704.9
-0.2
679,616.2
2.5
684,463.4
0.7
716,631.3
4.7
731,924.1
2.1
838,852.7
6.5
871,014.4
1.6
878,891.2
0.9
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
1,220,938.2
1.4
1,285,108.7
5.3
1,345,195.6
4.7
1,428,483.6
6.2
1,475,779.7
3.3
1,513,845.6
2.6
1,597,609.0
5.5
1,659,939.1
3.9
1,676,499.0
1.0
1,740,916.3
3.8
1,714,984.8
-1.5
1,810,579.8
5.6
1,765,384.3
-2.5
1,868,370.7
5.8
1,877,295.9
0.5
1,882,873.6
0.3
1,895,887.4
0.7
1,939,646.6
2.3
1,971,364.9
1.6
1,933,768.3
-1.9
1,920,754.4
-0.7

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
47,447.8
49,036.2
54,046.5
59,004.3
66,993.0
72,344.0
81,629.0
87,590.4
102,964.3
108,110.1
111,538.6
113,054.1
134,245.4
147,211.7
176,134.3
181,237.5
186,132.1
193,137.5
210,986.9
240,280.1
272,769.8
273,266.8
276,109.7
284,331.0
287,009.8
300,976.4
347,514.7
340,492.9
338,352.0
371,051.0
402,581.0
426,033.6
446,686.3
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
1,131,925.2
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

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
46,009.3
46,967.5
51,485.1
54,125.9
61,110.6
63,382.0
70,893.8
79,321.6
92,059.3
85,884.7
100,046.1
103,517.4
121,098.3
137,182.7
163,836.2
168,090.5
173,389.7
180,771.4
200,585.6
228,133.5
259,914.4
259,772.2
262,725.7
270,335.1
270,634.3
287,894.4
325,127.1
319,574.4
315,445.5
346,587.8
367,789.8
399,980.0
412,001.5
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

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
1,438.5
2,068.8
2,561.4
4,878.4
5,882.4
8,962.1
10,735.3
8,268.7
10,905.0
22,225.4
11,492.4
9,536.7
13,147.1
10,029.0
12,298.1
13,147.0
12,742.4
12,366.1
10,401.3
12,146.6
12,855.4
13,494.6
13,384.0
13,995.9
16,375.5
13,082.0
22,387.6
20,918.5
22,906.5
24,463.2
34,791.2
26053.6*
34,684.8
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
97,075.2
85,708.7
84,052.8
87,030.5
92,577.3
106,098.7
115,106.6
119,597.5
129,381.9

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
23,542.0
25,227.5
29,674.0
33,681.9
37,250.5
41,686.0
45,741.5
47,017.1
49,041.3
49,553.3
48,631.4
51,176.5
61,597.0
71,147.8
84,067.8
86,567.6
87,618.3
92,050.0
104,909.9
123,253.9
152,842.0
151,160.6
158,419.4
160,929.0
186,002.3
216,434.0
215,566.3
219,594.1
237,557.8
219,213.0
244,643.2
245,675.0
254,634.6
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

Current
account

(2)
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
35,207.3
37,310.2
37,207.3
35,381.5
42,711.0
44,816.5
38,249.4
40,301.5
46,934.0
47,470.4
49,809.4
49,039.5
60,437.7
64,038.2
63,935.6
69,125.2
67,703.7
63,540.3
79,026.8
126,965.0
103,779.5
124,971.2
117,631.1
112,104.5
112,243.0
108,294.5
116,535.1
124,376.3
140,721.4
141,660.1
191,628.5
199,305.8
177,570.3
209,392.6
205,042.7
191,747.9
224,779.5
199,346.9
211,169.3
209,184.9
208,571.5
202,590.8
222,111.8
269,857.5
269,543.6
252,898.9
277,484.4
284,970.2
294,713.6
319,109.0
283,255.8
320,862.9
252,924.1
303,602.9
305,743.1
361,189.4
364,329.8
390,064.6
404,542.3
377,638.2
356,792.8

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
222,434.0
255,258.1
264,490.2
258,842.6
270,540.8
313,946.1
317,428.5
331,064.3
345,871.9
369,334.7
388,247.1
400,978.5
437,364.8
470,125.6
504,247.3
530,526.7
542,422.9
557,715.7
609,341.1
703,332.4
740,190.6
774,876.3
789,378.2
812,171.5
827,250.0
847,032.4
892,973.8
932,476.0
972,132.9
1,009,588.5
1,112,374.9
1140138.8*
1,146,470.7
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
1,555,935.2
1,627,705.5
1,746,694.2
1,883,602.9
1,966,072.8
2,016,069.1
2,094,652.8
2,195,407.6
2,191,931.3
2,264,350.6
2,234,916.7
2,401,051.4
2,317,267.7
2,417,554.2
2,455,003.4
2,466,523.8
2,516,497.2
2,564,540.8
2,595,412.5
2,575,985.1
2,524,227.7

1.2
-1.7
-2.9
4.5
8.8
4.2
6.3
7.2
5.0
3.0
5.4
4.8
4.7
-1.1
4.8
6.5
6.8
5.1
3.3
1.5
5.0
2.8
5.2
2.2
2.8
3.5
12.1
2.6
4.7
1.9
2.9
-1.8
0.9
3.8
4.4
4.3
3.9
2.9
2.7
0.6
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
-3.5
4.3
1.5
0.5
2.0
1.9
1.2
-0.7
-2.0


Consumer price index

in percent

End-of-period

Food items

Of which
,

Wheat produc Meat and meat
products

1991 01

100.0

100.0

1991 12
1992 12
1993 12
1994 12
1995 06
09

134.4
755.4
2,247.0
3,565.3
4,204.8
5,211.2

124.0
978.4
2,906.7
4,147.5
4,880.6
6,188.4

1995 12 1
1996 03
1996 12
1997 12
1998 01
1998 02
1998 03
1998 04
1998 05
1998 06
1998 09
1998 12
1999 01
1999 02
1999 03
1999 06
1999 12
2000 01
2000 03
12 2

58.7
67.6
78.2
87.0
89.4
89.7
97.5
105.2
106.9
101.6
83.9
87.7
87.4
92.8
95.6
107.2
95.5
102.0
110.4
46.6

17.2
18.8
27.0
28.1
27.6
27.3
27.0
26.9
26.9
26.8
27.1
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 03
06
09
12
2006 01
03

50.7
49.9
53.8
61.9
69.0
78.7
71.5
71.5
72.8
74.0

13.3
12.2
14.2
16.1
16.1
15.8
16.0
15.8
15.8
15.8

3
,

End-of-period

Food &
non-alcoholic
beverages

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

100.0

100.0

100.0

100.0

100.0

131.4
828.9
2,736.5
4,681.4
5,686.6
6,717.6

126.9
800.1
1,424.5
1,855.4
1,700.8
1,986.3

192.4
679.1
1,304.3
2,363.1
2,838.1
3,149.9

4.5
4.6
6.3
7.8
7.8
7.6
7.5
7.5
7.6
7.6
7.6
7.7
8.1
8.1
8.3
8.3
8.5
8.5
9.0
3.7

10.3
11.2
15.4
20.6
20.6
20.4
20.3
20.3
20.3
20.2
21.5
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
4.7
4.7
4.7
4.6
4.8

14.1
14.9
14.9
15.0
14.7
14.4
14.7
14.9
14.9
14.9

Bread, flour, Meat and meat

cereals
products

11.44
11.61
11.68
11.77
11.74
11.81
11.95
15.07
16.26
15.90
16.65
17.56
20.29
23.33
23.38
23.24
23.26
23.17

,
, , ,

,
,

Milk and dairy Sugar, candy, Potatoes and Other food ite Soft drinks,
products
tea, fruits
vegetables
cigarettes

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
4,540.0
4,978.0
1995.12=100
18.4
5.1
22.9
6.2
19.5
7.1
21.2
9.6
23.3
9.6
23.3
9.8
31.5
10.1
38.7
9.9
39.4
9.6
36.1
8.1
23.2
7.6
22.0
10.0
21.1
10.0
25.8
10.0
27.3
10.2
39.3
8.5
25.0
10.0
29.8
10.5
35.5
11.1
12.4
5.2
2000.12=100
14.8
5.5
14.8
5.6
18.3
5.3
22.6
5.2
28.0
5.5
38.1
4.1
31.6
4.5
29.9
5.8
31.0
6.0
31.6
6.0

Of which

Of which
, ,

Foodstuffs

42.21 40.64
45.80 44.22
44.07 42.36
43.61 41.89
44.10 42.39
46.69 45.00
51.00 49.31
53.60 51.82
54.44 52.64
56.86 55.06
60.08 58.26
63.10 61.17
70.71 68.75
78.12 76.11
80.23 78.24
80.00 77.93
77.39 75.28
74.41 72.19

Clothes,
shoes

14.44
16.65
15.64
14.43
14.81
16.88
20.88
18.92
17.28
19.16
20.60
21.60
25.06
27.42
28.49
27.95
25.49
23.57

4.9

4.1

4.9
5.5
7.5
8.7
8.8
8.7
8.6
8.7
8.8
8.8
8.9
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
5.1
5.4
5.4
5.5
5.6
5.9

4.3
4.8
3.5
4.3
5.2
6.3
4.9
5.2
5.5
5.6

3.6
3.6
3.7
4.0
4.4
4.2
4.5
4.5
4.3
4.3

,
,
, ,

Milk dairy
Sugar, jam, can Vegetables
products, & egg and chocolate

2005.12=100
3.92
4.00
3.55
4.10
4.13
4.16
3.73
3.96
4.91
5.12
5.35
5.74
6.28
6.29
5.77
5.47
5.63
5.66

2.05
2.23
2.38
2.37
2.36
2.35
2.32
2.33
2.38
2.41
2.41
2.51
2.56
2.65
2.68
2.77
2.81
2.78

Alcoholic
,
beverages,
tobacco
Oils & fats Non-alcoholic
beverages

43.0
4.28
4.84
4.29
4.39
4.50
4.74
4.95
5.25
4.96
5.15
5.58
5.92
6.30
7.57
8.80
9.35
9.36
8.45

2.35
2.28
2.35
2.38
2.40
2.35
2.39
3.32
3.65
4.02
4.04
4.08
4.16
4.58
5.17
5.12
5.26
5.43

1.57
1.58
1.71
1.72
1.70
1.69
1.69
1.78
1.79
1.79
1.83
1.93
1.95
2.01
1.98
2.06
2.10
2.21

2.94
2.97
2.99
3.04
3.04
3.03
3.03
3.12
3.11
3.11
3.18
3.21
3.21
3.17
3.23
3.28
3.30
3.30

,
,

Clothing,
footwear
and cloths

10.14
10.57
10.58
10.90
10.80
10.72
10.44
10.71
11.22
11.27
11.31
11.42
11.48
11.95
12.19
12.55
12.80
13.24

: ,
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.

2
2
3

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.


Consumer price index

continued

End-of-period Of which
,

.
,

Cotton, fabrics Men's

clothing

1991 01 16

1991 12
1992 12
1993 12
1994 12
1995 06
09
1995 12 1
1996 03
1996 12
1997 12
1998 01
1998 02
1998 03
1998 04
1998 05
1998 06
1998 09
1998 12
1999 01
1999 02
1999 03
1999 06
1999 12
2000 01
2000 03
12 2
12
12
12
12
2005 03
06
09
12
2006 01
03

100.0

Of which
,

Clothing,
cloth

2005 12 3
2006 04
09
12
2007 01
03
06
09
12
2008 01
02
03
04
05
06
07
08
09
2
2

Children's
clothing

Shoes

100.0

148.4
174.5
229.3
676.3
347.3
541.2
1,161.6
650.4
896.4
1,957.5 1,259.4 2,110.3
3,532.6 1,265.0 2,567.1
3,533.4 1,446.8 2,684.3
1995.12=100
0.4
1.5
3.4
0.5
1.8
3.4
0.6
2.3
4.5
0.7
2.9
6.5
0.7
2.9
6.5
0.7
2.9
6.2
0.7
2.8
6.2
0.7
2.8
6.2
0.7
2.8
6.2
0.6
2.8
6.2
0.6
3.1
6.3
0.6
3.2
6.9
0.6
3.2
6.8
0.6
3.2
6.8
0.6
3.0
6.7
0.6
3.0
6.7
0.6
3.1
7.1
0.6
3.1
7.0
0.6
3.1
6.8
0.3
3.5
4.6
2000.12=100
0.2
3.9
4.7
0.3
4.0
4.8
0.3
4.0
4.7
0.3
4.3
4.6
0.4
4.1
4.6
0.4
4.0
4.6
0.4
4.0
4.7
0.4
4.1
4.8
0.4
4.1
4.8
0.4
4.1
4.7

End-of-period

100.0

Women's
clothing

6.26
6.69
6.77
6.97
6.91
6.89
6.62
6.80
6.96
7.02
7.08
7.14
7.18
7.53
7.70
8.01
8.23
8.37

Household
items

Medicine

Transport &
communication

100.0

100.0

100.0

100.0

100.0

236.1
965.4
1,782.9
3,377.3
3,740.3
4,276.3

115.5
245.8
1,068.3
1,595.7
1,644.4
1,654.6

209.6
795.8
2,087.2
3,247.2
4,458.6
4,796.4

100.0
196.7
1,933.9
1,933.9
1,933.9
1,933.9

137.3
535.3
1,673.3
3,221.1
3,276.1
4,629.0

1.0
1.3
1.8
2.3
2.3
2.4
2.3
2.3
2.3
2.2
2.4
2.4
2.4
2.4
2.3
2.3
2.4
2.4
2.4
0.5

4.0
4.2
6.2
8.2
8.2
8.3
8.2
8.3
8.3
8.3
8.8
9.4
9.4
9.4
9.5
9.7
10.2
9.9
9.8
4.6

10.4
10.4
17.9
27.0
26.9
26.9
26.9
26.6
26.6
26.5
27.3
29.5
29.3
30.6
31.7
31.6
32.1
32.7
31.6
14.1

3.9
4.1
5.4
6.6
6.6
6.6
6.5
6.4
6.4
6.3
6.1
6.1
6.2
6.2
6.2
6.1
6.5
6.5
6.5
3.2

2.1
2.4
3.0
3.8
3.9
3.9
3.9
3.9
3.9
3.9
3.9
3.9
3.9
3.9
3.9
3.9
4.6
4.6
4.6
1.4

7.6
7.7
13.6
15.0
16.0
16.7
16.6
16.6
16.6
16.6
17.7
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
0.7
0.7

4.6
5.2
5.1
5.0
5.0
4.9
5.0
5.0
5.0
5.0

17.2
18.0
17.7
18.4
19.0
18.7
19.6
19.5
19.2
19.8

3.3
3.4
3.3
3.4
3.5
3.5
3.5
3.6
3.6
3.6

1.4
1.5
1.6
1.7
1.7
1.8
1.8
1.8
1.8
1.9

10.2
10.5
10.8
13.1
13.4
13.8
13.8
13.9
14.0
14.1

Children's
clothing

2005.12=100
2.72
2.62
3.01
2.76
2.93
2.82
3.00
2.91
2.97
2.90
2.97
2.90
2.87
2.74
2.97
2.78
3.04
2.78
3.05
2.83
3.08
2.84
3.10
2.87
3.15
2.92
3.28
3.10
3.37
3.19
3.60
3.26
3.68
3.32
3.75
3.35

100.0

Women's
clothing

100.0
440.9
1,404.4
2,126.9
2,161.4
2,626.4

Of which

Men's
clothing

,
,

Utilities

0.33
0.33
0.34
0.35
0.34
0.34
0.33
0.37
0.41
0.41
0.41
0.42
0.41
0.45
0.45
0.46
0.49
0.51

,
, ,

Housing,
water,
Footwear electricity,
and fuels

3.88
3.87
3.91
4.04
3.99
3.93
3.92
4.01
4.37
4.35
4.33
4.38
4.38
4.47
4.53
4.59
4.61
4.93

10.51
10.13
11.21
11.44
10.71
10.66
10.95
12.07
12.72
12.52
12.96
12.57
12.50
12.39
12.66
13.56
14.43
15.61

Of which
,

.
Water supply
& miscellaneous
services

,


Electricity,
gas and
other
fuels

3.32
3.56
3.91
3.91
3.88
3.88
4.44
4.44
4.54
4.54
4.54
4.54
4.54
4.54
4.54
4.54
4.54
4.91

6.09
5.45
6.18
6.39
5.70
5.69
5.13
6.21
6.72
6.48
6.91
6.51
6.43
6.19
6.49
7.22
8.01
8.73

, ,

Furnishings,
household
equipment
& tools

Medical care & Transport

services

3.31
3.32
3.38
3.55
3.56
3.56
3.63
3.85
4.04
4.06
4.09
4.27
4.36
4.42
4.46
4.51
4.53
4.60

1.79
1.82
1.87
2.22
2.22
2.22
2.24
2.48
2.53
2.56
2.57
2.63
2.99
3.03
3.04
3.04
3.08
3.25

9.53
10.28
10.57
10.67
10.98
10.94
11.06
11.33
11.81
11.82
11.79
12.17
12.17
12.26
12.38
12.69
16.56
16.79

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.


Consumer price index

continued

End-of-period

Articles for
Cultural needs

Other goods
& services

General CPI

Monthly
changes

Changes
from the
beginning
of year

Annual
changes

1991 01 16

100.0

100.0

100.0

1991 12
1992 12
1993 12
1994 12
1995 06
09

277.3
581.0
2,154.8
4,427.9
7,537.2
8,259.3

152.7
649.8
1,838.7
3,057.8
3,661.0
4,379.8

5.1
11.0
2.5
2.1
7.3
2.9

325.5
183.0
66.3
19.7
43.2

1995 12 1
1996 03
1996 12
1997 12
1998 01
1998 02
1998 03
1998 04
1998 05
1998 06
1998 09
1998 12
1999 01
1999 02
1999 03
1999 06
1999 12
2000 01
2000 03
12 2

3.6
3.9
5.7
8.2
8.3
8.3
8.2
8.3
8.3
8.5
9.7
9.8
9.8
9.8
9.8
10.1
11.3
11.3
11.5
7.4

100.0
111.4
144.6
174.2
177.9
178.8
186.4
193.8
195.5
190.3
177.0
184.7
184.8
191.5
194.6
206.6
203.1
210.1
217.1
100.0

2.1
-0.6
3.2
0.9
2.1
0.5
4.3
4.0
0.9
-2.7
-3.0
2.1
0.1
3.6
1.6
0.1
1.6
3.4
0.9
2.1

53.1
11.4
44.6
20.5
2.1
2.6
7.0
11.3
12.2
9.2
1.6
6.0
0.1
3.7
5.4
11.9
10.0
3.4
6.9
8.1

12
12
12
12
2005 03
06
09
12
2006 01
03

7.3
7.6
8.4
9.0
9.0
9.0
9.6
9.6
9.6
9.7

152.3
430.2
1,483.8
2,904.7
3,146.9
3,901.6
1995.12=100
3.5
4.1
5.3
6.4
6.5
6.5
6.7
6.7
6.7
7.0
7.4
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
4.9
4.9
4.9
5.0
5.0
5.1

107.9
109.8
114.9
127.4
135.1
144.7
139.4
139.6
140.8
143.0

2.1
1.6
1.1
0.9
0.5
2.2
-0.5
1.2
0.8
-0.4

8.0
1.6
4.7
11.0
6.0
13.6
9.5
9.5
0.8
2.5

3
End-of-period

Of which

,
Operation of personal transport
equipment

2005 12 3
2006 04
09
12
2007 01
03
06
09
12
2008 01
02
03
04
05
06
07
08
09
2

2.23
2.20
2.45
2.35
2.33
2.29
2.38
2.54
2.88
2.89
2.89
3.13
3.13
3.15
3.15
3.25
4.13
4.10

Transport
services

4.80
5.78
5.80
5.80
5.81
5.81
5.87
5.93
6.00
6.00
5.98
6.03
6.03
6.08
6.18
6.32
8.49
8.68

,
,

Communi- Recreation &

cation
culture

3.13
2.85
2.71
2.71
2.61
2.59
2.56
2.43
2.43
2.43
2.43
2.42
2.42
2.41
2.41
2.33
2.33
2.33

3.70
3.78
3.93
3.93
3.93
3.90
3.82
3.81
3.99
3.99
4.04
4.17
4.13
4.17
4.13
4.11
4.12
4.16

Education

5.44
5.44
6.01
6.01
6.01
6.01
6.01
7.22
7.22
7.22
7.22
7.22
7.22
7.22
7.22
7.22
9.93
9.93

Restraurants
hotels

2.70
2.77
2.87
2.98
3.02
3.08
3.11
3.35
3.39
3.43
3.41
3.55
3.62
4.00
4.02
4.04
4.43
4.49

Miscellaneous
goods
& services

General CPI

2005.12=100
4.58
4.65
4.82
4.89
4.89
4.91
4.87
4.88
5.07
5.08
5.08
5.11
5.29
5.61
5.65
5.68
5.73
5.81

100.0
104.4
105.0
106.0
105.9
108.3
112.8
118.9
122.0
124.3
128.2
131.6
139.7
148.7
151.6
153.0
158.6
157.9

Monthly
changes

2.1
-0.3
0.5
-0.1
0.3
1.8
1.5
1.1
1.9
3.1
2.7
6.1
6.0
1.9
1.1
3.2
-0.2

20.5
20.9
17.2
19.1
15.6
10.6
2.5
5.7
6.0
3.9
7.1
4.4
8.6
10.0
13.7
11.6

1.6
1.7
1.4
1.5
1.3
0.9
0.3
0.5
0.5
0.3
0.6
0.4
0.7
0.8
1.1
0.9

8.0
1.6
4.7
11.0
12.6
17.8
11.6
9.5
8.1
5.8

0.7
0.1
0.4
1.2
1.0
1.4
0.9
0.8
0.7
0.5

Changes
from the
beginning
of the year

Annual
changes

4.4
5.0
6.0
-0.1
2.2
6.4
12.2
15.1
1.9
5.1
7.9
14.5
21.4
23.8
25.1
29.1
28.7

. .
12
Moving
average of
monthly
inflation

4.8
5.0
6.0
4.2
5.9
6.3
13.2
15.1
17.5
17.9
20.6
26.4
32.6
32.4
33.1
33.7
31.7

Core inflation 4 % %
Monthly Changes
changes from the National consumer price
beginning Monthly
Changes
of year
changes
from the
begin. of yea

0.5
-0.7
-0.5
0.4
0.2
1.4
-0.5
-0.3
0.2

1.32
1.02
3.53
3.54
-0.33
1.22

4
. .
12

% % %
Moving
average of
monthly
inflation

0.4
0.4
0.5
0.4
0.5
0.5
1.1
1.2
1.4
1.5
1.7
2.1
2.5
2.5
2.5
2.5
2.4

consumer
Core inflation 4
Monthly Changes
Monthly
Changes
changes from the
changes
from the
begin. of year
begin. of yea

0.6
1.9
0.1
-0.8
-0.1
0.4
2.9
0.1
-0.1
1.5
3.3
3.2
4.1
0.9
1.9
8.2
2.2

2.0
5.3
7.3
-0.8
-0.7
0.1
9.3
14.3
-0.1
1.4
4.0
6.7
11.6
12.4
14.3
23.0
25.5

2.0
2.6
3.2
5.1
3.8
0.3
0.3
3.7
0.5

2.0
4.6
7.9
13.8
18.5
18.8
19.2
24.0
24.6

2000 12 - 205 239 .

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

2
3

2006 4 - 287 , 2005 12 .

3
4

Since April 2006 the items in consumer basket updated to 287 and prices of December 2005 was taken as the base period.
, , 29 .


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 03
06
09
12
2001 03
06
09
12
2002 03
06
09
12
2003 03
06
09
1
12
2004 03
06
09
12
2005 01
02
2005 03
06
09
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
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
189,044.2
196,630.4
220,197.4
201,696.9
199,864.8
222,366.1
222,664.5
220,165.7
219,898.3
223,696.2
276,385.3
308,507.4
307,375.0
321,357.8
381,705.0
256,341.5
269,113.3
273,072.5
298,850.9
311,005.2
341,477.3
351,432.4
355,953.1
398,458.6
506,890.1
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
1,188,068.6
1,201,765.6
1,261,556.0
1,346,466.7
1,408,308.5
1,403,671.5
1,446,181.2
1,494,497.9
1,498,013.9
1,515,869.1
1,431,809.6
1,439,509.6
1,421,863.3
1,430,191.7
1,384,355.4
1,339,878.4
1,317,124.8
1,309,395.6
1,360,400.6
1,180,873.7
1,120,722.0

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
86,994.9
94,375.8
95,204.7
84,831.1
107,671.8
107,107.5
116,362.0
129,259.5
150,435.6
195,587.4
177,337.3
200,027.4
245,360.2
284,502.7
272,149.6
514,615.2
550,248.3
587,827.4
614,054.2
647,305.1
621,735.9
630,698.3
656,792.2
722,028.0
737,705.6
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
1,365,904.0
1,510,135.0
1,603,434.8
1,662,519.9
1,747,506.2
1,758,657.0
1,752,092.0
1,888,901.3
1,928,681.0

: 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
29,548.9
36,392.3
34,516.0
17,171.2
26,210.3
9,575.3
14,208.5
-6,829.1
-1,724.8
3,529.6
-20,282.6
-32,439.3
-35,418.6
-44,157.8
-81,605.8
96,687.3
77,945.9
61,165.9
46,391.0
40,506.5
7,437.4
22,412.9
15,718.6
1,353.7
-37,364.2
-90,847.2
-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
-767,542.6
-720,379.0
-732,494.0
-774,010.5
-740,088.6
-800,776.0
-841,434.9
-796,374.5
-788,177.6

82,772.0
67,627.6
53,313.5
45,022.0
14,347.2
29,003.5
21,303.2
6,891.6
-32,586.6
-87,822.4
-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
-754,880.2
-710,290.0
-724,161.0
-763,457.1
-727,565.8
-789,838.7
-828,737.1
-785,051.6
-776,727.4

-4,826.0
-6,461.7
-6,922.5
-4,515.6
-6,909.8
-6,590.6
-5,584.6
-5,537.9
-4,777.7
-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

123.7
516.6
439.0
455.1
845.9
681.1
491.4
1,587.0
807.1
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

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

Total assets

Public

Private

sector

sector

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
2000 03
06
09
2000 12
03
06
09
12
2002 03
06
09
12
2003 03
06
09
1
2003 12
2004 03
06
09
12
2005 01
02
2005 03
06
09
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
1
2
2

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
9,335.4
6,899.0
6,830.3
6,281.5
5,201.4
8,765.3
8,708.7
10,402.0
10,486.9
12,675.9
13,509.2
12,184.9
11,194.3
12,582.5
15,712.7
16,203.6
16,633.2
15,410.9
14,743.8
13,125.7
13,113.5
15,216.1
13,868.3
22,295.2
21,194.9
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

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
31,494.6
34,717.5
36,501.3
45,482.9
60,415.9
76,509.5
81,368.3
114,670.4
127,431.4
163,173.1
168,246.7
203,567.2
239,107.3
282,641.1
304,676.9
365,024.4
279,126.6
315,218.4
334,519.1
365,057.9
358,750.6
354,971.8
376,332.2
418,590.5
442,998.2
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

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
16,616.0
16,367.0
17,357.2
15,895.6
15,844.2
12,257.4
12,076.5
11,016.2
14,242.1
16,208.9
15,864.0
16,714.5
30,477.3
33,437.0
33,365.7
36,700.0
160,402.0
180,962.7
201,874.2
210,931.1
224,693.6
221,895.1
233,706.2
262,786.4
294,561.9
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

16,016.8
14,553.0
16,087.1
17,228.9
16,894.9
15,521.3
16,675.5
15,415.3
15,507.7
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

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
276,039.0
291,006.1
315,402.1
286,528.0
307,536.6
329,473.6
339,026.5
349,425.2
370,333.9
419,283.7
453,722.6
508,534.8
552,735.2
605,860.5
653,854.6
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
1,120,486.6
1,244,595.8
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
1,896,419.1
1,977,015.9
2,120,443.2
2,236,946.2
2,337,988.1
2,381,421.5
2,426,008.1
2,576,994.3
2,589,186.2
2,673,157.1
2,594,308.6
2,769,042.5
2,787,767.3
2,940,326.7
2,987,790.2
3,002,398.3
3,064,631.0
3,068,052.6
3,112,492.6
3,069,775.0
3,049,403.0

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 03
06
09
12
03
06
09
12
2002 03
06
09
12
2003 03
06
09
12**
03
06
09
12
2005 01
02
2005 03
06
09
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

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
116,237.0
143,684.2
143,562.4
130,775.0
123,586.3
155,099.6
151,808.6
156,155.3
146,932.2
187,708.4
181,084.7
187,727.8
180,109.6
208,987.9
214,417.5
212,833.4
210,799.3
254,807.0
241,994.9
221,327.6
211,272.3
197,122.8
213,357.6
277,664.4
273,522.2
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

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
106,197.0
111,573.9
120,927.8
128,067.7
146,954.5
158,846.5
165,619.9
174,908.9
198,939.7
213,270.1
256,280.2
282,397.8
324,137.7
348,727.8
394,923.6
490,499.0
529,391.3
557,364.5
585,255.1
625,704.9
647,462.6
662,992.0
679,616.2
731,924.1
838,852.7
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
1,220,938.2
1,285,108.7
1,345,195.6
1,428,483.6
1,475,779.7
1,513,845.6
1,597,609.0
1,659,939.1
1,676,499.0
1,740,916.3
1,714,984.8
1,810,579.8
1,765,384.3
1,868,370.7
1,877,295.9
1,882,873.6
1,895,887.4
1,939,646.6
1,971,365.0
1,933,768.3
1,920,754.4

17,420.2
18,882.1
18,824.5
17,865.2
16,372.8
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

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
53,605.0
35,748.0
50,911.9
27,685.4
36,995.8
15,527.4
21,598.0
18,360.9
24,462.1
18,305.1
16,357.7
38,409.2
48,487.9
48,144.9
44,513.5
67,624.3
79,170.9
48,728.4
85,655.1
111,277.8
87,058.2
103,133.7
100,946.9
93,032.9
115,848.1
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
321,857.6
331,853.0
356,171.1
336,246.2
354,902.3
348,639.9
316,684.7
364,038.6
378,880.0
391,564.4
341,612.5
350,371.0
453,789.8
505,751.1
515,212.8
519,298.5
531,570.0
487,251.8
498,715.9
476,406.0
508,384.4

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
276,039.0
291,006.1
315,402.1
286,528.0
307,536.6
329,473.6
339,026.5
349,425.2
370,333.9
419,283.7
453,722.6
508,534.8
552,735.2
605,860.5
653,854.6
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
1,120,486.6
1,244,595.8
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
1,896,419.1
1,977,015.9
2,120,443.2
2,236,946.2
2,337,988.1
2,381,421.5
2,426,008.1
2,576,994.3
2,589,186.2
2,673,157.1
2,594,308.6
2,769,042.5
2,787,767.3
2,940,326.7
2,987,790.2
3,002,398.3
3,064,631.0
3,068,052.6
3,112,492.6
3,069,775.0
3,049,403.0

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
2000 03
06
09
12
2001 03
06
09
12
2002 03
06
09
12
2003 03
06
09
12**
2004 03
06
09
12
2005 01
02
2005 03
06
09
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

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
181,877.4
190,016.9
199,113.1
209,409.6
199,884.4
227,309.4
227,861.5
227,993.2
236,032.0
242,225.2
271,495.5
301,875.6
288,408.6
312,006.3
356,808.4
237,578.1
230,559.6
236,279.2
241,630.1
252,331.8
274,155.7
259,208.8
273,014.1
301,192.5
359,054.4
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

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
28,634.4
37,634.4
33,463.4
19,658.8
20,440.1
10,634.3
9,805.8
13,570.5
12,629.1
8,602.8
9,123.6
0.0
0.0
4,000.0
6,000.0
164,216.0
121,000.0
119,000.0
119,000.0
105,300.0
105,300.0
105,300.0
103,647.9
103,734.8
105,647.8
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
0.0
0.0
5,513.4
3,908.3
8,960.1
4,565.4
4,630.2
895.4
900.6
903.2
871.5
867.6
867.6
867.6
867.6
866.6
866.6
866.6
704.7
584.2
584.2
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

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
150.3
150.3
150.3
150.3
150.3
150.3
150.3
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
7,696.8
5,991.9
4,615.4
4,777.0
3,030.9
3,915.3
4,625.0
7,347.6
5,435.9
5,821.9
7,069.5
8,038.0
8,388.0
9,931.7
10,919.1
12,688.7
19,488.2
16,142.7
21,569.3
22,331.5
21,550.2
22,153.3
22,001.5
18,963.6
18,291.5
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

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
222,838.7
234,538.7
238,092.5
234,748.6
224,377.1
242,876.8
243,310.1
249,929.2
255,114.9
257,666.7
288,705.5
310,930.5
297,651.7
326,672.5
374,462.0
415,039.0
371,047.8
371,421.9
382,199.4
379,963.3
401,005.9
386,662.1
398,663.5
423,890.9
482,993.7
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

11


Balance sheet of Monetary Authorities

(for Monetary Survey)

continued

End-of-period

Monetary base

Of which

Time Savings &

Bank's current

Private sector

Public sector

Foreign currency

account

deposits

deposits

deposits

Currency outside

Bank's cash

banks

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
2000 03
06
09
12
2001 03
06
09
12
2002 03
06
09
12
2003 03
06
09
12**
2004 03
06
09
12
2005 01
02
2005 03
06
09
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

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
119,997.0
144,651.8
143,563.4
132,932.4
127,151.8
154,493.8
153,139.5
143,785.4
142,848.5
175,984.4
189,760.6
175,305.4
181,094.5
195,111.9
221,494.8
200,795.5
228,937.0
245,126.3
255,429.8
234,905.4
249,972.8
243,872.8
253,101.5
295,601.4
297,031.1
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

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
95,034.2
118,889.4
114,474.4
100,933.4
93,711.0
125,463.8
116,308.5
109,160.7
101,283.8
131,794.6
130,675.6
120,783.6
115,006.7
141,058.1
148,382.3
131,496.7
139,685.0
170,277.4
162,957.8
143,512.7
136,350.3
116,337.8
132,713.9
176,766.3
174,414.6
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

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
7,282.1
6,618.0
6,405.4
6,461.0
6,000.6
7,933.6
7,980.1
10,045.1
9,538.3
14,093.3
14,176.1
13,859.2
16,228.6
19,423.2
18,150.1
21,329.9
21,540.2
19,898.5
20,062.4
25,008.4
28,797.4
32,493.5
27,083.3
27,068.9
32,209.1
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

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
17,680.7
19,144.4
22,683.6
25,538.0
27,440.2
21,096.4
28,850.9
24,579.6
32,026.4
30,096.4
44,908.9
40,662.6
49,859.2
34,630.6
54,962.4
47,968.8
67,711.9
54,950.4
72,409.6
66,384.3
84,825.1
95,041.6
93,304.4
91,766.2
90,407.4
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

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

Foreign liabilities

Long-term

()

()

Total liabilities

Central Bank bills

(net)

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
2000 03
06
09
12
03
06
09
12
2002 03
06
09
12
03
06
09
12**
2004 03
06
09
12
2005 01
02
03
06
09
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

1,500.0
2,106.0
605.0
830.0
0.0
19,055.0
11,697.0
21,200.0
20,900.0
27,000.0
30,000.0
21,080.0
18,000.0
28,670.0
38,250.0
50,000.0
40,000.0
47,000.0
38,000.0
61,000.0
43,000.0
81,000.0
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
81,760.4
83,718.9
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

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
42,242.9
38,846.4
37,191.7
55,057.8
52,280.8
49,571.9
49,376.0
51,342.2
58,662.8
54,686.5
48,399.6
47,610.0
45,554.4
44,546.3
55,679.2
86,878.2
54,202.6
53,067.1
52,306.2
53,431.7
52,383.0
50,630.1
49,225.3
46,765.1
44,157.3
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

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
3,089.3
3,105.7
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

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
7,216.6
6,541.2
6,885.7
17,940.0
12,141.0
16,518.2
11,971.3
16,930.5
19,883.3
17,413.2
35,361.8
33,516.6
42,015.3
60,164.4
92,726.9
91,713.9
72,903.1
71,955.0
73,226.3
53,025.8
87,749.9
71,429.9
68,595.2
63,119.5
105,183.7
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

17,420.2
18,882.1
18,824.5
17,865.2
16,372.8
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

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
40,008.0
36,675.9
37,642.6
42,815.4
51,006.1
41,501.8
45,729.4
41,152.0
42,264.9
39,811.6
45,479.7
33,357.1
31,434.4
37,266.9
45,371.4
41,156.1
37,743.4
30,553.6
33,991.1
32,033.9
29,666.5
28,613.2
22,436.6
20,591.9
39,399.9
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

-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
-7,525.7
-19,176.6
-17,190.8
-35,077.1
-36,202.6
-47,878.9
-55,156.1
-53,280.8
-48,544.6
-77,229.0
-68,296.2
-39,858.7
-45,446.9
-91,417.0
-101,810.3
-85,004.7
-83,188.3
-102,140.1
-78,634.0
-62,680.6
-89,017.6
-93,048.4
-86,139.3
-104,901.9
-105,975.8
-74,796.5
-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

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
222,838.7
234,538.7
238,092.5
234,748.6
224,377.1
242,876.8
243,310.1
249,929.2
255,114.9
257,666.7
288,705.5
310,930.5
297,651.7
326,672.5
374,462.0
415,039.0
371,047.8
371,421.9
382,199.4
379,963.3
401,005.9
386,662.1
398,663.5
423,890.9
482,993.7
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

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
2000 03
06
09
12
2001 03
06
09
12
2002 03
06
09
12
2003 03
06
09
12**
2004 03
06
09
12
2005 01
02
2005 03
06
09
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

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
23,731.1
25,193.5
28,735.0
31,996.5
33,270.7
28,440.2
35,412.8
34,606.2
40,973.3
47,352.1
59,071.9
54,500.5
66,025.3
52,115.0
75,559.2
69,464.8
81,517.0
69,828.4
83,247.8
88,486.5
109,580.8
127,365.8
115,997.7
116,052.7
117,772.2
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

1,500.0
2,106.0
605.0
830.0
0.0
19,055.0
11,697.0
21,203.9
19,635.3
27,000.0
30,000.0
22,846.7
18,000.0
28,670.0
36,350.0
49,904.7
39,995.3
30,983.8
33,204.2
60,995.0
42,999.9
48,547.1
39,145.3
75,989.3
60,450.0
72,860.0
45,880.0
69255.6 1
49,794.6
63,488.2
69,543.6
81,198.4
83,275.1
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

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
50,667.7
47,195.2
59,621.6
53,211.3
58,256.5
52,779.4
52,059.9
52,338.6
53,097.8
47,946.1
69,392.6
70,715.8
81,971.9
72,218.0
103,408.9
157,070.1
149,223.4
147,726.0
172,360.7
165,806.3
176,745.5
198,263.1
190,058.6
194,503.3
246,665.8
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

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
37,275.7
35,878.0
36,323.2
40,059.5
42,078.9
46,290.6
53,488.0
32,457.8
39,711.3
46,325.2
42,680.1
30,742.6
42,829.1
38,147.9
27,022.8
46,905.0
51,125.4
43,072.9
27,841.3
31,225.8
27,420.0
31,224.2
26,777.5
11,519.9
8,644.9
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

51,125.4
43,072.9
27,841.3
31,225.8
27,420.0
31,224.2
26,777.5
11,519.9
8,644.9
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

123.7
516.6
439.0
455.1
845.9
681.1
491.4
1,587.0
807.1
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

14


Balance sheet of Other depository corporations

(for Monetary Survey)

continued

End-of-period

Total assets

Public

Private

sector

sector

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
2000 03
06
09
12
2001 03
06
09
12
2002 03
06
09
12
2003 03
06
09
12**
2004 03
06
09
12
2005 01
02
03
06
09
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

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
4,705.2
6,003.6
5,929.7
5,378.3
4,329.9
7,897.8
7,841.1
9,534.4
9,619.3
11,809.3
12,642.7
11,318.3
10,489.5
11,998.2
15,128.5
15,647.4
16,633.2
15,410.9
14,743.8
13,125.7
13,113.5
15,216.1
13,868.3
22,295.2
21,194.9
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

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
31,494.6
34,717.5
36,501.3
45,482.9
60,415.9
76,509.5
81,368.3
114,670.4
127,431.4
163,173.1
168,246.7
203,567.2
239,107.3
282,641.1
304,676.9
365,024.4
279,126.6
315,218.4
334,519.1
365,057.9
358,750.6
354,971.8
376,332.2
418,590.5
442,998.2
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

132.1
145.6
185.7
32,947.9
14,457.7
32,638.9
42,106.7
16,616.0
16,367.0
17,357.2
15,895.6
15,693.9
12,107.1
11,926.2
10,865.9
14,091.8
16,058.6
15,713.7
16,564.2
30,327.0
33,286.7
33,215.4
36,700.0
160,402.0
180,962.7
201,874.2
210,931.1
224,693.6
221,895.1
233,706.2
262,786.4
294,561.9
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

16,016.8
14,553.0
16,087.1
17,228.9
16,894.9
15,521.3
16,675.5
15,415.3
15,507.7
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

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
184,125.5
192,354.7
214,467.9
214,870.8
232,045.9
252,694.6
278,446.3
304,377.9
324,920.2
363,648.3
400,951.8
448,403.7
513,750.0
538,954.1
598,157.1
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
1,123,948.5
1,231,427.8
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

15


Balance sheet of Other depository corporations

(for Monetary Survey)

continued

End-of-period

()

Demand

Time savings

Foreign

Long-term

deposits

deposits, and foreign

liabilities

foreign

Government

liabilities

deposits

currency

General

demand deposits

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
03
06
09
12
03
06
09
12
2002 03
06
09
12
2003 03
06
09
12**
2004 03
06
09
12
2005 01
02
2005 03
06
09
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

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
21,202.8
24,794.8
29,088.0
29,841.6
29,875.3
29,635.9
35,500.2
46,994.6
45,648.4
55,913.8
50,409.0
66,944.1
65,102.9
67,929.8
66,035.2
81,336.7
71,114.3
84,529.6
79,037.1
77,814.9
74,922.0
80,785.0
80,643.7
100,898.0
99,107.6
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

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
106,197.0
111,573.9
120,927.8
128,067.7
146,954.5
158,846.5
165,619.9
174,908.9
198,939.7
213,270.1
256,280.2
282,397.8
324,137.7
348,727.8
394,923.6
490,499.0
529,391.3
557,364.5
585,255.1
625,704.9
647,462.6
662,992.0
679,616.2
731,924.1
838,852.7
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
1,220,938.2
1,285,108.7
1,345,195.6
1,428,483.6
1,475,779.7
1,513,845.6
1,597,609.0
1,659,939.1
1,676,499.0
1,740,916.3
1,714,984.8
1,810,579.8
1,765,384.3
1,868,370.7
1,877,295.9
1,882,873.6
1,895,887.4
1,939,646.6
1,971,365.0
1,933,768.3
1,920,754.4

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
1,258.0
1,735.3
1,345.7
1,693.0
1,769.0
2,780.1
2,124.1
2,220.1
2,222.7
2,898.1
5,497.1
4,755.2
6,274.0
5,844.3
6,965.5
7,328.5
43,242.1
38,873.3
40,966.6
44,827.4
45,400.8
44,422.9
45,331.0
40,849.5
44,379.8
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
63,415.8
67,668.6
74,794.2
80,437.7
91,460.5
101,437.1
106,138.4
108,172.3
111,174.3
118,836.8
120,095.7
115,499.1
128,030.5
141,307.5
169,168.3
217,829.8
222,382.6
237,719.0
300,255.6
302,045.4
283,071.7

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
3,242.5
3,599.2
3,764.3
4,173.2
4,226.3
5,370.7
5,756.8
6,603.8
8,345.9
8,890.5
10,606.0
11,718.8
11,177.2
12,475.9
15,867.6
44,100.0
13,225.1
18,992.2
21,867.2
8,873.8
8,608.8
7,932.2
9,541.4
6,533.2
7,187.1
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

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
29,144.6
30,578.9
28,385.0
24,607.1
24,167.7
30,831.4
37,114.0
35,926.8
34,181.9
33,985.2
36,724.5
29,665.3
36,232.4
26,141.3
21,901.7
22,719.8
21,276.4
28,951.9
27,224.0
42,993.6
37,532.6
42,681.3
46,111.6
50,781.5
46,473.2
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
165,861.4
166,979.2
176,808.0
209,588.1
246,869.8
278,748.6
297,043.3
250,328.1
290,908.1

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
2000 03
06
09
12
03
06
09
12
2002 03
06
09
12
2003 03
06
09
12**
2004 03
06
09
12
2005 01
02
2005 03
06
09
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

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
45,243.6
41,695.6
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
153,199.0
156,890.1
168,475.0
199,034.6
234,347.0
267,811.3
284,345.5
239,005.2
279,457.9

4,826.0
6,461.7
6,922.5
4,515.6
6,909.8
6,590.6
5,584.6
5,537.9
4,777.7
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

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
1,100.0
0.0
0.0
0.0
0.0
799.5
1,250.6
4,094.5
2,217.5
2,284.3
2,595.0
4,326.9
5,051.2
6,132.1
7,585.5
12,839.3
18,289.1
16,192.4
17,264.0
23,838.2
24,530.0
25,565.5
20,041.2
19,329.5
18,377.8
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
26,723.0
25,361.7

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
21,733.0
21,809.4
29,611.3
29,947.6
27,679.6
35,448.0
41,627.6
47,173.0
49,424.0
57,124.5
60,306.1
61,289.3
65,380.4
68,844.0
75,382.5
110,392.5
138,015.6
141,026.8
146,739.3
167,101.1
169,996.3
168,281.7
170,958.3
179,449.0
190,708.6
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

-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
247.6
-1,736.8
1,345.9
-3,459.4
-2,626.4
-11,017.5
-10,546.8
-13,543.9
-16,059.9
-10,718.2
-21,466.2
-12,693.8
394.2
2,858.9
9,495.5
-2,415.0
-19,935.7
-25,782.1
-21,360.2
-98,836.5
-30,613.9
-4,034.0
-8,792.4
-5,816.3
-13,659.1
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
61,927.9
69,678.4
74,409.1
63,031.0
68,979.4
51,723.8
31,570.2
36,981.6
41,686.6
64,399.3
65,934.9
79,589.6
62,318.2
67,853.6
76,618.2
62,895.5
94,230.8
57,159.7
56,647.3
106,482.8
99,981.9

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
184,125.5
192,354.7
214,467.9
214,870.8
232,045.9
252,694.6
278,446.3
304,377.9
324,920.2
363,648.3
400,951.8
448,403.7
513,750.0
538,954.1
598,157.1
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
1,123,948.5
1,231,427.8
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

17

 ,

Loans outstanding

in millions of togrogs

End-of-period

Total loans outstanding

amount

Monthly
changes

:
Of which:

Loans

:
Of which: By sectors


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 03
06
09
12
2001 03
06
09
12
2002 03
06
09
12
2003 03
06
09
12
2004 03
06
09
12
2005 03
06
09
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

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
52,815.8
57,088.0
59,788.2
66,756.7
80,439.7
96,514.4
101,135.7
135,070.7
151,142.5
191,041.0
196,603.0
231,449.8
279,923.8
327,926.0
353,020.8
442,148.1
472,302.3
526,661.5
567,663.2
606,798.6
641,073.6
720,674.3
775,069.9
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

-11.7
-15.5
2.3
0.2
-4.4
-0.5
-13.4
2.8
-11.0
-3.6
-1.8
-3.3
6.6
3.5
-0.1
-1.2
5.2
3.6
8.0
-0.5
9.4
7.8
3.5
1.1
2.7
6.9
1.3
1.3
2.5
5.4
5.1
3.0
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

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
36,199.8
40,721.0
42,431.0
50,861.2
64,745.8
84,407.3
89,209.4
124,204.8
137,050.7
174,982.4
180,889.3
214,885.5
249,596.8
294,639.3
319,805.4
405,448.2
434,229.1
482,353.0
510,670.4
546,063.4
574,469.8
651,508.9
700,024.5
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

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
4,705.2
6,003.6
5,929.7
5,378.3
4,329.9
7,897.8
7,841.1
9,534.4
9,619.3
11,809.3
12,642.7
11,318.3
10,489.5
11,998.2
15,128.5
15,647.4
15,495.6
14,293.9
13,019.3
12,560.1
13,504.8
22,284.6
21,182.2
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

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
29,100.5
31,012.8
32,618.1
43,305.6
53,932.8
71,082.4
76,243.7
108,722.7
119,520.8
154,329.2
160,760.5
194,578.2
229,170.9
270,215.1
293,823.5
335,978.3
248,371.0
283,544.1
295,053.1
320,077.8
327,548.5
367,278.1
386,271.8
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

154,476.1
169,725.8
186,351.1
196,020.3
217,424.9
246,252.9
277,478.5
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

17.0
7.8
61.4
2,531.2
2,840.8
3,970.2
2,353.1
2,394.1
3,704.6
3,883.2
2,177.3
6,483.1
5,427.1
5,124.6
5,947.7
7,910.7
8,843.9
7,486.1
8,989.0
9,936.4
12,426.0
10,853.4
53,822.5
15,768.3
14,277.1
15,811.0
16,950.6
15,501.9
14,106.8
14,285.3
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

118.1
512.2
435.8
454.6
489.7
1,586.5
806.6
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

18

 ,

Loans outstanding

continued

End-of-period
:
Principal in arrears Of which: By sectors

Public sector Private sector Individuals

Other

8,057.8
4,553.9
6,051.9
2,925.7
1,015.6
1,779.2
2,588.1
1,281.8
1,704.0
1,420.0
1,738.6
1,798.3
3,526.4
5,437.4
4,263.0
4,819.4
11,582.1
13,310.1
11,538.9
15,549.7
14,722.7
13,404.9
21,186.6
21,617.1
26,245.7
22,533.4
22,390.9
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

878.6
726.4
1,335.8
209.3
12.0
0.0
2.0
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

11,199.2
9,057.6
13,804.5
16,685.0
19,619.7
16,023.1
16,710.3
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

2,623.6
3,593.2
6,023.2
4,709.3
5,754.7
5,483.3
4,723.5
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

19.2
27.1
23.1
13.6
858.1
1,026.9
955.1
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

:
Of which: By sectors

Public sector
Private sector

Individuals

Other

, ,
Sub/d, doubtful,
loss loans

Other financial
corporations

1992 12
1993 12
1994 09
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 03
06
09
12
2001 03
06
09
12
2002 03
06
09
12
2003 03
06
09
12
2004 03
06
09
12
2005 03
06
09
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
13
14
15
16
05
06
07
08
09

Non-performing
loans

2.1
0.6
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

24,890.1
9,903.8
26,587.0
39,181.0
15,600.4
14,587.8
14,769.1
14,613.8
13,989.9
10,687.1
10,187.7
9,067.6
10,565.4
10,621.1
11,450.7
11,744.9
18,744.9
19,976.6
21,676.5
21,150.3
23,350.5
30,903.6
35,806.2
39,118.0
40,358.1
46,632.0
52,654.5
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

Other financial
corporations

259.0
390.6
388.6
356.4
351.6
10.6
10.7
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

19,556.4
22,616.7
25,661.5
28,295.0
29,164.0
35,289.3
40,016.1
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

3,302.3
7,643.7
9,499.9
10,201.5
10,526.6
11,050.2
12,359.9
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

229.2
248.8
253.0
264.6
315.4
281.5
267.2
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

3.5
3.7
3.1
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

19

 ,

Loans outstanding

continued

End-of-period

1992 12
1993 12
1994 09
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 03
06
09
12
2001 03
06
09
12
2002 03
06
09
12
2003 03
06
09
12
2004 03
06
09
12
2005 03
06
09
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

By banks

Golomt

Capital

Khan

Trade &
Development

Mongol Post

Savings

Transport
Development

Erel

Credit

175.9
689.3
4,049.5
5,726.3
8,553.3
10,188.9
11,917.9
12,305.7
14,020.2
15,017.6
20,852.5
20,182.3
25,229.9
27,347.7
34,782.9
36,178.9
34,898.1
43,303.4
55,253.6
55,605.8
49,778.1
56,123.4
81,904.3
82,022.9
96,608.7
103,532.8
113,269.3
110,564.1
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

1,000.0
514.8
213.4
41.7
919.9
1,152.9
1,310.5
1,512.0
1,302.5
872.9
907.6
843.1
849.7
1,282.1
1,363.6
1,218.5
1,358.3
1,577.9
2,188.4
2,509.3
2,280.3
5,318.8
6,530.5
5,950.6
6,169.2
6,186.4
7,116.0
6,712.1
8,764.6
10,156.2
13,639.2
15,455.2
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

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
3,266.0
3,159.4
3,120.7
3,201.0
3,841.9
3,013.6
5,555.0
9,959.7
13,807.5
15,099.6
20,719.1
24,992.7
30,472.2
37,203.4
48,519.1
52,091.3
60,938.9
66,770.2
76,971.6
81,074.6
90,200.6
95,418.2
119,139.7
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

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
22,048.2
23,274.1
24,065.3
26,018.4
33,779.7
33,673.6
27,834.1
37,216.6
43,054.8
53,169.5
49,337.2
52,449.0
48,122.6
59,162.9
60,437.5
64,308.9
66,311.3
76,235.7
86,968.0
92,569.5
89,647.8
113,017.0
114,227.3
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

398.2
602.1
533.3
1,097.2
1,123.3
887.8
1,389.1
3,866.1
4,611.4
5,128.6
5,661.6
4,794.0
5,569.3
8,153.4
9,189.5
12,493.9
11,911.3
12,045.5
14,392.5
16,600.2
21,608.7
25,017.3
28,397.2
31,133.9
36,571.8
39,891.0
41,190.0
42,769.0
48,589.6
56,143.1
57,539.0
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

132.8
434.4
368.1
341.0
404.2
302.8
275.6
350.1
657.2
892.8
1,047.9
1,997.5
4,358.3
5,107.0
6,393.5
8,285.6
10,379.4
11,841.2
14,552.4
18,149.5
19,047.9
20,914.7
21,131.7
22,582.5
22,750.0
24,891.8
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

523.6
1,052.9
774.5
862.7
1,110.0
836.5
1,350.4
1,395.7
1,582.8
2,512.4
2,464.0
2,476.8
4,181.9
3,933.5
4,685.2
5,486.9
5,584.1
6,196.5
6,089.0
6,237.9
7,105.3
7,685.6
7,312.8
6,389.1
5,273.9
4,894.1
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

1,605.0
2,185.0
2,999.6
2,088.2
2,442.8
2,434.9
2,548.7
2,826.0
2,798.7
2,968.9
2,826.1
2,765.0
3,012.5
2,719.0
3,246.8
3,444.8
4,072.3
4,869.9
4,863.6
5,332.4
4,885.3
4,965.4
5,034.4
4,750.3
4,972.8
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

622.5
1,028.6
734.9
948.6
829.7
780.3
1,202.9
1,626.3
2,487.3
2,331.1
2,007.5
2,895.5
3,867.7
3,597.1
4,176.5
4,234.0
4,502.6
4,295.9
6,535.2
9,184.7
7,650.1
8,705.4
8,878.4
8,514.4
10,706.4
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

20

 ,

Loans outstanding

continued

End-of-period

1992 12
1993 12
1994 09
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 03
06
09
12
2001 03
06
09
12
2002 03
06
09
12
2003 03
06
09
12
2004 03
06
09
12
2005 03
06
09
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

Ulaanbaatar
4
city

Zoos

Anod

Inter*

Capitron

Hasbank

336.9
1,027.7
2,780.2
3,152.0
3,022.6
3,292.7
3,328.7
3,738.8
4,979.9
5,525.0
5,514.3
6,012.3
6,722.0
6,779.9
7,464.6
7,393.7
7,598.4
8,164.1
7,146.1
7,925.1
10,608.3
13,021.6
22,642.8
34,609.7
44,747.2
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

887.8
1,333.9
1,896.0
2,796.2
3,209.8
4,641.4
7,098.0
8,952.4
10,781.6
11,664.9
13,905.8
14,486.6
18,169.7
22,768.7
23,489.0
24,245.1
25,784.8
27,668.5
30,828.4
35,074.9
38,109.7
42,562.0
52,247.6
57,894.6
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

1,589.9
2,776.0
3,101.5
3,561.2
6,529.7
7,481.5
11,928.6
13,062.8
15,360.0
14,707.4
15,544.2
17,437.9
25,094.6
31,767.3
39,940.6
45,858.6
68,166.2
87,759.2
88,677.3
101,084.9
101,716.4
94,508.6
94,260.7
95,685.3
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

1,469.9
3,218.4
4,026.5
4,057.7
3,438.4
6,909.0
10,473.7
9,358.9
8,037.8
10,660.1
13,656.4
10,674.5
8,415.0
8,835.2
8,858.7
8,580.8
6,658.9
6,112.4
5,438.8
5,473.4

2,485.3
5,168.8
6,962.9
9,071.3
11,948.0
12,963.2
17,534.3
17,000.9
18,023.8
21,221.7
21,023.0
19,256.8
20,788.7
20,905.8
23,686.2
27,792.1
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

2,630.1
3,053.5
3,518.6
4,713.7
5,496.0
6,794.7
8,835.9
9,733.0
11,012.2
12,854.9
16,455.3
17,776.2
20,313.6
23,966.8
29,528.2
34,118.1
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

. -
**
National
investment
bank**

0.0
9,552.7
1,675.5
8,437.5
17,670.0
14,563.7
15,024.1
15,405.9
7,058.6
1,758.6
1,800.5
0.0
1,785.6
1,787.1
1,820.0
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

Chinggis
khaan

Others

51,642.4
33,018.7
36,731.8
38,646.1
40,111.7
40,831.9
43,198.6
43,963.1
39,838.9
42,904.2
44,081.8
45,358.9
45,568.6
42,847.8
51,877.4
52,309.8
51,485.1
52,245.5
51,439.0
43,038.6
46,206.7
49,868.5
49,839.2
48,025.2
47,957.5
51,809.6
62,063.4
63,920.3
62,092.6
61,399.9
62,400.5
67,933.0
74,614.5
77,695.1
82,363.2
84,957.1
90,107.1
86,908.3
86,693.0
96,896.2
100,506.9
98,319.1

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
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

21


Deposit rate

in percent

End-of-period

1993 12
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 03
06
09
12
2001 03
06
09
12
2002 03
04
05
06
09
12
2003 03
04
05
06
09
12
2004 03
04
05
06
09
12
2005 03
04
05
06
09
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

Deposit rate

Current account

Domestic
Foreign
currency
currency

2.0
2.0
2.0
2.0
2.0
0.8-6.0
3.0-6.0
3.0-6.0
3.0-6.0
3.0-6.0
2.4-6.0
2.4-6.0
2.4-4.8
0.3-4.8
0.0-5.1
0.0-5.1
0.0-5.1
0.0-6.0
0.0-6.0
0.0-4.8
0.0-6.0
0.0-6.0
0.0-6.0
0.0-6.0
0.0-6.0
0.0-6.0
0.0-6.0
0.0-6.6
0.0-6.0
0.0-6.0
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
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
0.0-4.8
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
0.0-5.0
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

1.0-3.6
1.0-3.6
1.0-3.6
1.0-3.6
1.0-3.6
1.0-3.6
1.0-3.6
1.0-3.6
0.3-3.6
0.3-4.2
0.3-4.2
0.3-4.2
0.3-3.6
0.3-3.6
0.3-3.6
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
0.3-3.0
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
0.0-7.2
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
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

Demand
deposit

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
3.6-13.2
1.2-13.2
1.2-13.2
1.2-13.2
1.2-9.6
1.2-9.6
1.2-9.6
1.2-9.6
1.2-9.6
1.2-9.6
1.2-9.6
2.4-9.6
2.4-10.2
2.4-10.2
2.4-10.2
2.4-10.2
2.4-10.2
6.0-10.2
3.6-10.2
1,8-10.0
6.0-10.0
6.0-10.0
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
6.0-10.0
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
6.0-10.3
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

Time deposit

Domestic Currency
0-1
1-3 3-5
1 year
1-3 years 3-5 years

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
9.6-30.0
3.6-30.0
3.6-30.0
3.6-24.0
2.4-24.0
2.4-25.2
2.4-24.0
2.4-24.0
2.4-24.0
2.4-24.0
2.4-24.0
2.4-22.0
6.0-22.0
6.0-22.0
6.0-22.0
6.0-22.0
6.0-22.0
6.0-22.0
6.0-22.2
6.0-22.0
6.0-22.0
6.0-22.0
6.0-21.9
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
6.0-19.2
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
7.56-19.4
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

Foreign Currency
0-1
1-3 3-5
1 year
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
3.6-14.4
2.4-14.4
1.2-12.0
1.2-12.0
1.0-12.0
1.0-18.0
1.0-14.4
1.0-13.2
1.0-13.2
1.0-13.2
1.0-13.2
1.0-13.2
1.2-13.2
1.2-12.0
1.2-12.0
1.2-12.0
1.2-22.1
1.81-12.0
2.4-12.0
2.4-12.0
2.4-12.0
1.4-12.0
1.4-12.0
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
1.4-10.8
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
1.4-11.4
1.4-11.4
1.4-11.4
1.4-11.4
1.4-11.4
1.4-11.4
1.4-11.4
1.4-11.4
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

22


Loan rate

in percent

End-of-period

Securities rates


Central bank's bills rate

( )
Treasury bills rate

Interbank loans

Interbank market rate


Central bank bills

Repos

Banks loan rates

Overnight loans

Interbank
deposits

Weigthed rate

Domestic
currency

Foreign
currency

Paid rate

(as a trading rate)

Dom. cur-cy
For. cur-cy

1993 12
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 03
06
09
12
2001 03
06
09
12
2002 03
04
05
06
09
12
2003 03
04
05
06
09
12
2004 03
04
05
06
09
12
2005 03
04
05
06
09
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

120-300
72-264
72-150
72-109
45.0-50.0
23.3
11.4
11.2
15.6
10.9
8.6
11.2
12.5
9.9
8.6
11.4
11.4
10.9
11.5
13.0
9.9
3.9
10.8
14.3
15.5
11.3
11.5
9.2
13.6
13.6
13.3
14.64
15.75
9.52
5.90
6.57
5.49
6.95
4.75
4.51
4.18
3.65
7.55
8.06
7.40
7.84
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

15.9
12.0
15.4
15.0

7.87

3.94

12.93
12.90

3.98
4.77
4.40

14.77

15.6
15.00
15.75
7.00
17.00
15.91
15.15
14.03
12.00
11.00
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

7.2
2.1
8.3
13.0
13.5
12.9
9.6
8.77
10.88
11.73
10.90
14.05
15.59
2.13
2.39
8.01
4.00
4.73
4.35
4.56
3.10
1.85
5.55
7.59
5.00
5.57
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
1.0
10.7
13.1
13.8
11.0
11.9
8.58
10.70
13.74
12.87
14.46
15.74
9.14
5.60
3.70
4.19
4.78
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

12.0
8.8
10.9
8.8
7.6
4.3
8.00
11.26
11.49
13.05
7.39
15.52
4.53
4.92
9.19
5.86
6.20
6.10
5.76
5.21
2.75
7.32
8.90
7.89
6.40
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

8.90
8.50
8.78
9.35
10.49
9.88
10.35
16.09
11.23
11.52
12.18
18.60

6.91
4.99
9.89
11.83
11.87
12.45
10.24
8.83
12.26
12.54
11.33
13.83
15.36
7.48
5.10
8.86
5.65
5.85
6.13
5.51
4.45
2.38
7.16
8.77
7.34
3.10
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

45.8
38.8
36.5
38.9
42.7
34.7
38.0
34.5
37.4
41.4
39.3
37.8
35.5
33.4
35.0
33.4
32.6
31.0
32.0
32.4
32.2
31.5
30.3
30.5
30.5
30.3
32.3
30.0
32.7
31.3
31.0
30.0
30.5
28.3
29.5
27.6
28.3
27.3
27.3
24.2
25.5
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

34.2
36.5
31.7
27.1
29.3
25.8
21.5
22.8
21.4
22.2
21.1
22.3
19.6
22.3
23.6
19.8
20.8
20.2
16.6
20.9
22.6
19.6
19.7
21.0
19.9
21.8
18.2
17.9
16.3
16.9
15.9
17.3
16.2
14.8
17.8
15.4
15.8
16.2
16.6
15.9
16.8
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

30.7
29.8
29.2
29.2
29.3
28.9
30.2
29.2
28.8
28.3
27.6
26.1
25.0
24.3
24.1
24.0
24.1
24.2
23.5
23.4
23.3
23.2
23.2
23.2
23.2
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
22.2
23.9
27.3
30.4
35.1
39.5
46.6

23

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

Name of a bank

Demand deposit rates

Deposit rate

Domestic
Currency

Domestic currency

Demand

Foreign
Currency

0-1
Time & Saving

Foreign currency

Demand

0-1
Time & Saving

Golomt

1.2-3.6

1.2

7.2

10.8-17.4

1.0-5.4

2.4-8.4

Capital

1.8-3.6

2.4-3.6

7.2

14.4-18.5

3.6

6.0-9.6

Savings

0.0-3.0

6.0

9.6-16.8

2.4

4.2-8.4

KHAN

0.0-7.2

8.4

2.4-18.0

0.8-3.6

4.8-7.8

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

6.0-15.24

1.2-4.8

3.6-9.6

6.0

6.0-18.6

3.6

7.2-8.4

6.0-8.4

7.2-16.8

2.4-3.6

3.6-7.2

8.4

10.8-14.4

4.8

5.4-7.2

Ulaanbaatar city

7.2

12.6-16.8

0.1-3.6

1.2-10.2

Zoos

7.2

12.0-15.6

3.6

4.2-7.2

Mongol Post

Transport development

Erel

Credit

Anod

Capitron

Xac

0.7-1.2

0.4

4.8

3.6

6.0-9.96

6.0-18.0

1.8-4.2

2.4-9.36

2.0-4.0

0.2-3.0

4.8-10.2

7.2-18.0

1.2-6.0

1.44-10.2

6.0

11.0-16.7

0.6-3.9

1.65-6.02

5.4

National Investment

Chinggis khaan

24


continued

Name of a bank

Prime rate

Domestic
Currency

Foreign
Currency

Lending rates

Weighted average lending rates

Manufacturing

Domestic
Currency

Golomt

14.4

12.0

Capital

11.0

18.0 18.00-21.6

Savings

21.6

14.4-32.4

14.4-33.6

15.6-30.0

15.6-30.0

Agricultural

12.0-27.6

Trade

12.0-27.6

Individuals

Others

12.0-36.0 12.0-48.0

Foreign
Currency

19.8

16.6

21.6

23.2

29.2

9.6-48.0

22.6

23.2

6.0-36.0

23.4

12.4

14.4-22.811.00-18.00

Trade & Development

10.8

10.2

19.8-22.8

19.8-24.0

13.2-18.0

19.2

13.1

Mongol Post

12.0

14.4

14.4-27.6

14.4-31.2

14.4-31.2

22.4

19.4

6.0

19.2

21.6-27.6

6.0-72.0

26.8

20.2

Erel

24.0

24.0-31.2

24.0-31.2

24.0-33.6 24.0-33.6

21.0

Credit

19.2

18.0

0.0

8.0

12.00

13.2-30.0

13.2-30.0

18.0-34.8 8.0-27.6

15.4

18.1

Zoos

19.1

17.8

22.3

18.1

Anod

6.0

7.7

7.7-28.2

11.0-29.4

6.0-36.0

23.6

13.9

Capitron

9.6

5.0

7.25-36.0

16.8-36.0

9.0-44.4 5.04-40.8

25.1

13.6

Xac

14.0

11.0

18.0-42.0

18.0-42.0

18.0-43.2 6.5-43.2

28.4

19.2

National Investment

12.0

9.6

14.6

25.0

14.4

12.0

Transport development

Ulaanbaatar city

Chinggis khaan

15.0

4.0

0.0-20.22 14.63-17.9910.29-19.99

12.0-15.0

14.4-18.0

8.0-14.4 18.0-19.5

25


Trade balance
.
in million of dollars

Exports

amount

End-of-period

annual
changes

(%
By major trading countries (%)
Imports

Russia

China

amount

Other

1990 12
1991 12
1992 12
1993 12
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 03
06
09
12
2001 03
06
09
12
2002 03
06
09
12
2003 03
06
09
12
2004 03
06
09
12
2005 03
06
09
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

95.9
297.4
368.0
360.9
324.3
473.3
424.3
451.5
345.2
358.3
71.7
209.7
329.8
466.1
68.1
156.4
279.4
521.5
70.6
161.2
270.6
524.0
129.2
219.3
401.4
615.9
131.4
307.2
559.3
869.7
168.4
396.6
668.2
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

annual
changes

(%)
By major trading countries (%)

Russia

China

Other

210.1
23.7
-1.9
-10.1
45.9
-10.4
6.4
-23.6
3.8
20.7
52.1
43.2
30.1
-5.0
-25.4
-15.3
11.9
3.7
3.1
-3.1
0.5
83.0
36.0
48.3
17.5
1.7
40.1
39.3
41.2
28.2
29.1
19.5
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

81.0
78.7
57.2
37.5
27.7
13.1
20.6
8.8
11.8
13.5
3.5
6.2
7.7
9.7
6.9
5.9
8.2
8.6
13.7
10.1
9.0
9.2
10.3
8.0
6.2
6.7
1.3
1.1
1.3
2.4
2.3
2.1
1.8
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

0.7
9.1
16.8
30.9
19.4
14.3
17.7
20.1
31.9
57.1
83.5
67.4
61.7
58.9
60.2
61.1
56.7
45.7
56.6
62.0
57.0
42.1
40.0
49.1
49.4
46.6
59.1
59.0
50.6
47.6
56.5
49.2
50.0
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

18.3
12.2
26.0
31.6
52.9
72.6
61.6
71.1
56.3
29.5
13.0
26.4
30.6
31.5
32.9
33.0
35.0
45.7
29.6
27.9
33.9
48.8
49.7
42.8
44.4
46.7
39.6
39.9
48.2
50.0
41.2
48.8
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

139.9
359.3
400.0
361.5
221.7
415.3
450.9
468.3
503.3
512.8
96.7
262.1
415.6
614.5
103.1
237.7
406.0
637.7
114.9
302.1
488.1
690.7
166.9
360.9
593.8
801.0
184.9
479.9
752.6
1,021.1
211.5
500.1
812.9
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

156.8
11.3
-9.6
-38.7
87.3
8.6
3.9
7.5
1.9
17.8
35.4
34.7
19.8
6.6
-9.3
-2.3
3.8
11.4
27.1
20.2
8.3
45.3
19.5
21.7
16.0
10.8
33.0
26.7
27.5
14.4
4.2
8.0
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

84.3
74.2
52.4
59.7
57.9
52.0
34.2
34.3
29.9
29.2
31.6
29.4
31.0
33.6
38.0
33.6
35.4
35.4
22.9
34.9
35.1
34.4
35.2
32.4
32.2
33.1
34.2
30.8
31.5
33.5
32.2
30.1
32.2
35.3
37.1
34.7
38.6
36.6
35.6
34.5
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

2.0
4.6
12.2
16.8
9.7
10.1
14.6
13.5
13.2
13.5
20.7
21.5
21.8
20.5
19.1
23.8
21.6
21.4
11.8
24.6
24.8
24.3
19.8
23.7
24.5
24.5
23.3
22.7
22.4
25.2
19.5
27.5
28.0
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

13.7
21.2
35.4
23.5
32.4
37.9
51.2
52.2
56.9
57.3
47.7
49.1
47.1
46.0
42.9
42.6
43.0
43.2
65.2
40.4
40.1
41.3
45.0
43.9
43.3
42.4
42.4
46.4
46.1
41.3
48.3
42.4
39.9
39.8
41.5
43.7
39.2
37.3
37.1
36.2
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

:
Source: Report of the Customs General Administration
, . /export included gold and import included payment of Airbus/

2
2
2

- 2002 10 , .
In accordance with IMF metodology the volume&value of nonmonetary gold is included in external trade export & import since October, 2002

26


Trade balance

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 03
06
09
12
2001 03
06
09
12
2002 03
06
09
12
2003 03
06
09
12
2004 03
06
09
12
2005 03
06
09
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

( )
Of which financing (imports)

Trade balance

Long term
loan

Foreign
grant

Foreign direct

annual
changes

investment

-44.0
-61.9
-32.0
-0.6
102.6
58.0
-26.6
-16.8
-158.1
-154.5
-25.0
-52.3
-85.8
-148.4
-35.0
-81.3
-126.6
-116.2
-44.3
-140.9
-217.5
-166.8
-37.7
-141.6
-192.4
-187.1
-53.5
-172.7
-193.3
-151.5
-43.1
-103.5
-144.7
-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

25.8
46.5
52.4
56.2
88.2
1.4
3.4
8.0
25.0
1.1
5.4
16.7
25.0
1.9
15.8
24.7
33.9
4.7
13.2
20.7
25.5
4.5
25.8
41.8
52.0
10.7
24.6
31.6
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

External trade turnover

63.5
63.6
50.0
44.3
59.7
15.7
49.5
60.2
84.9
13.2
32.4
53.0
81.3
15.1
28.9
37.9
49.7
13.1
29.1
38.2
41.8
14.5
24.6
40.2
52.5
6.0
9.9
14.8
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

amount

80.0
80.8
78.9
57.4
61.4
20.1
35.7
54.0
69.3
7.9
18.3
33.7
49.8
5.2
11.3
19.3
29.6
6.3
42.8
81.4
99.2
16.8
48.1
69.1
95.0
26.4
64.2
108.1
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

235.8
656.7
768.0
722.4
546.0
888.6
875.2
919.8
848.4
871.1
168.4
471.8
745.4
1,080.6
171.2
394.1
685.4
1,159.2
185.5
463.3
758.7
1,214.7
296.1
580.2
995.2
1,387.5
316.3
787.1
1,311.9
1,890.8
379.9
896.7
1,481.1
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

178.5
16.9
-5.9
-24.4
62.7
-1.5
5.1
-7.8
2.7
19.0
42.3
38.3
24.1
1.7
-16.5
-8.0
7.3
8.4
17.6
10.7
4.8
59.6
25.2
31.2
14.2
6.8
35.7
31.8
36.3
20.1
13.9
12.9
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

27


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

NEER
81.71
80.26
78.30
77.85
REER- , NEER-
REER-real effective exchange rate, NEER-nominal effective exchange rate

83.41
78.66

28


Exchange rates on foreign exchange market

Togrog against foreign currency

6.17706

End-of-period

USD

end-of-period monthly

EUR

SEK

BGN

HUF

EGP

JPY

CHF

GBP

HKD

RUB

CZK

average

1993 12
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 03
06
09
12
2001 03
06
09
12
2002 03
06
09
12
2003 03
06
09
12
2004 03
06
09
12
2005 03
06
09
12
2006 01
03
06
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

396.51
414.09
473.62
693.51
813.16
902.00
1072.37
1090.00
1065.00
1085.62
1097.00
1097.00
1097.00
1099.00
1102.00
1104.0
1105.0
1117.0
1125.0
1140.0
1139.0
1159.0
1168.0
1177.0
1174.0
1202.0
1209.0
1192.0
1193.0
1215.0
1221.0
1216.0
1174.0
1172.0
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

395.03
413.00
473.48
692.76
811.95
891.86
1070.39
1091.83
1053.57
1084.14
1097.00
1098.00
1096.00
1099.50
1101.29
1104.00
1104.00
1116.05
1124.09
1139.74
1133.67
1156.64
1170.30
1177.65
1166.95
1198.93
1211.77
1202.54
1190.53
1212.19
1226.68
1220.68
1183.23
1171.53
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

1086.85
1065.15
997.59
957.25
1006.61
977.04
936.51
1013.20
973.60
971.7
1067.4
1092.9
1169.4
1219.3
1302.2
1321.8
1460.2
1433.17
1430.3
1481.7
1647.4
1543.0
1439.2
1465.3
1449.1
1483.2
1416.5
1470.7
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
1643.95

108.00
117.80
119.80
128.00
132.10
142.20
147.90
160.60
154.70
156.50
163.30
183.20
168.90
152.70
156.27
153.82
160.31
150.25
159.56
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

498.10
548.20
561.40
599.30
625.30
669.20
678.60
746.50
736.55
731.40
757.60
842.40
788.90
735.90
749.20
741.20
875.40
724.20
752.00
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

4.00
4.30
4.50
5.00
4.90
4.90
5.20
5.60
5.72
5.60
6.00
6.70
6.20
5.80
5.90
5.80
5.90
5.30
5.20
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

31.30
35.10
36.00
37.30
38.30
41.30
41.80
44.90
43.64
44.80
46.90
54.00
51.10
47.90
49.70
50.10
52.10
49.40
51.70
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

238.30
239.70
242.80
242.80
198.40
188.90
188.50
188.80
190.15
189.40
194.30
197.70
205.50
205.70
211.10
212.40
212.10
204.30
203.50
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

3.55
4.12
4.63
5.98
6.28
7.71
10.42
10.20
10.18
10.05
9.74
8.93
8.82
9.40
8.39
8.34
8.96
9.12
9.38
9.48
9.53
10.40
10.92
11.14
10.84
10.83
11.65
11.12
10.84
10.76
10.37
10.45
9.99
10.06
9.89
9.92
10.03
9.81
9.57
9.73
9.92
9.75
9.58
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

275.01
310.99
409.53
514.28
565.93
656.72
676.15
670.60
643.00
628.98
659.53
623.40
616.15
689.70
657.30
664.70
725.90
747.10
804.00
824.50
844.60
857.80
935.70
917.88
939.40
955.00
1067.70
993.90
931.60
941.70
930.10
957.20
899.10
940.60
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

592.70
639.77
731.27
1172.48
1358.14
1508.05
1734.56
1736.04
1598.62
1583.43
1615.11
1563.83
1551.05
1607.60
1598.60
1574.30
1657.30
1738.00
1804.00
1783.70
1891.40
1914.20
2073.40
2142.55
2146.60
2177.90
2320.90
2239.20
2168.90
2148.80
2103.70
2162.60
2043.20
2130.80
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

51.32
53.51
61.23
89.64
104.93
116.45
137.99
140.01
136.69
139.21
140.66
140.66
140.65
140.90
141.30
141.50
141.70
143.30
144.30
146.20
146.10
149.60
150.50
150.98
150.50
154.10
155.50
152.80
153.50
156.60
157.50
156.80
151.30
150.90
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

0.12
0.10
0.12
0.14
42.65
39.95
38.44
37.81
39.01
39.18
38.12
37.66
37.30
36.20
35.40
35.10
35.20
35.40
36.30
37.60
37.80
39.90
41.31
40.50
41.10
43.40
42.80
41.70
42.60
42.50
43.40
42.30
43.30
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

29


Exchange rates on foreign exchange market

continued

End-of-period

1993 12
1994 12
1995 12
1996 12
1997 12
1998 12
1999 12
2000 03
06
09
12
2001 03
06
09
12
2002 03
06
09
12
2003 03
06
09
12
2004 03
06
09
12
2005 03
06
09
12
2006 01
03
06
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

//

//

CNY

KRW

CAD

AUD

THB

IDR

MYR

SGD

XAU

XAG

48.60
56.94
83.57
98.21
108.96
129.53
131.66
128.67
131.13
132.52
132.53
132.54
132.80
133.10
133.40
133.50
134.90
135.90
137.70
137.60
140.00
141.10
142.20
141.80
145.20
146.10
144.00
144.10
150.10
151.30
150.80
146.30
146.50
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

0.82
0.49
0.74
0.95
0.98
0.95
0.96
0.89
0.84
0.84
0.85
0.83
0.84
0.91
0.91
0.94
0.91
0.95
1.01
0.98
1.02
1.02
1.04
1.16
1.17
1.16
1.17
1.21
1.25
1.20
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

298.28
295.08
347.61
506.86
567.27
582.16
730.75
745.20
717.95
729.56
720.81
700.29
719.79
701.70
691.00
699.60
723.10
708.90
720.60
777.90
840.70
876.00
892.60
898.99
873.00
944.70
999.00
984.10
968.40
1035.10
1048.30
1057.90
1003.20
1043.40
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

547.97
691.09
666.37
632.34
594.97
608.56
542.41
566.55
539.00
559.70
585.90
634.20
609.40
634.90
683.80
758.50
798.30
872.10
882.22
820.30
861.30
936.70
920.30
910.10
923.60
892.60
914.10
833.20
853.40
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

24.73
28.52
28.89
27.26
25.46
26.10
24.80
24.23
24.90
24.90
25.40
26.30
25.70
26.00
26.60
27.30
29.70
29.50
29.77
28.70
28.90
31.00
30.30
28.90
29.50
29.80
31.20
30.20
30.50
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

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

237.68
282.20
287.62
281.02
285.69
288.68
288.68
288.68
289.20
290.00
290.50
290.80
294.30
296.10
300.00
299.70
305.30
307.40
309.74
308.90
316.30
318.20
313.70
313.90
322.30
323.00
324.20
317.80
317.70
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

543.18
642.41
635.05
614.86
621.78
634.84
615.15
602.38
631.90
595.90
603.50
623.20
628.30
647.60
644.30
649.40
674.40
686.40
698.72
685.90
709.60
738.40
721.70
708.70
719.20
733.10
749.30
724.40
733.90
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

257761.60
308574.47
310541.00
301288.50
295994.29
300358.60
287797.95
298877.65
318847.40
306080.50
324024.00
358075.30
357998.50
393187.50
376542.00
391986.90
432390.00
485537.60
492427.38
469893.50
494442.70
528151.70
508090.00
519104.10
570442.50
625152.00
678376.00
674903.30
680990.60
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

4446.86
5651.60
5442.91
5261.10
5319.54
5062.66
4771.95
4760.98
4951.00
4937.00
4979.00
5425.60
5048.80
5298.80
4993.20
5159.70
5684.00
6926.20
8945.20
6973.60
7921.20
8263.50
8320.20
8452.40
8948.50
10897.40
11606.70
13154.70
12024.70
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

SDR

549.62
602.19
708.53
999.35
1095.06
1271.24
1473.72
1459.80
1417.14
1407.44
1426.96
1388.36
1370.43
1423.20
1382.40
1384.40
1438.70
1474.50
1519.20
1554.90
1601.50
1666.80
1729.00
1730.81
1725.20
1764.30
1875.00
1797.60
1745.60
1760.40
1751.80
1768.50
1688.00
1722.80
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

30


The Government budget accounts

in millions of togrogs

End-of-period

Total budget account
,
Revenue & Grant

amount
1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
2000 03
06
09
12
2001 03
06
09
12
2002 03
06
09
12
2003 03
06
09
12
2004 03
06
09
12
2005 03
06
09
12
2006 01
03
06
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

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
56,634.0
135,564.9
225,006.0
350,998.1
75,383.1
194,368.0
290,423.1
439,290.0
84,113.1
187,703.5
308,582.9
477,048.9
91,903.0
229,281.6
378,455.6
553,889.3
135,450.8
328,874.9
488,681.9
692,786.1
152,136.1
373,018.5
607,400.0
837,858.3
56,306.1
214,382.5
538,823.6
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

annual
changes %
83.4
360.2
57.0
58.2
16.8
43.0
-0.1
12.1
44.0
34.1
27.0
37.8
33.1
43.4
29.1
25.2
11.6
-3.4
6.3
8.6
9.3
22.2
22.6
16.1
47.4
43.4
29.1
25.1
12.3
13.4
24.3
20.9
18.0
40.9
44.4
47.4
58.5
58.3
61.5
172.0
66.1
59.7
52.8
42.1
36.8
36.9
38.0
37.5
32.2
35.1
36.8
14.5
38.6
45.2
51.4
41.2
40.1
44.1
33.6
31.5

Of which

Current revenue

6,055.2
11,289.6
51,816.4
82,194.0
89,383.4
127,512.7
152,804.6
211,237.7
204,462.4
247,859.3
54,029.4
128,551.1
216,340.0
346,205.3
72,463.9
190,268.0
286,394.8
430,113.6
83,391.3
185,290.4
304,477.0
470,207.2
90,369.5
222,714.2
371,513.0
545,227.1
134,769.8
324,068.2
483,141.8
686,689.7
151,602.8
371,105.6
588,819.1
833,567.6
55,882.1
210,863.4
535,010.4
891,338.9
1,060,140.3
1,177,280.6
1,348,505.3
153,089.3
233,129.9
341,943.4
451,867.9
580,813.1
736,737.6
867,778.4
1,051,188.3
1,230,456.0
1,403,157.3
1,591,441.0
1,843,669.4
173,738.0
321,409.3
494,422.5
680,454.7
816,782.2
1,029,694.3
1,248,025.1
1,400,950.6
1,607,835.9

,
Expenditure

Of which

Tax revenue

Grant

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
43,020.7
99,032.8
171,572.5
260,640.8
59,058.7
140,800.0
216,127.9
328,203.2
64,582.5
142,684.9
233,703.4
359,179.2
74,970.7
180,156.2
296,680.1
420,969.2
110,740.8
270,506.4
397,487.3
578,800.9
126,574.8
300,974.3
484,811.8
692,206.5
48,194.5
185,711.2
430,862.4
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

Non-tax revenue

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
11,008.7
29,518.2
44,767.5
85,564.5
13,405.2
49,468.0
70,266.9
101,910.4
18,808.8
42,605.5
70,773.6
111,028.0
15,398.8
42,558.0
74,832.9
124,257.9
24,029.0
53,561.8
85,654.5
107,888.8
25,028.0
70,131.3
104,007.3
141,361.1
7,687.6
25,152.2
104,148.0
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

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
1,079.1
1,884.6
2,233.2
4,792.8
2,919.2
4,100.0
4,028.3
9,176.4
721.8
2,413.1
4,105.9
6,841.7
1,533.5
6,567.4
6,942.6
8,662.2
681.0
4,806.7
5,540.1
6,096.4
533.3
1,912.9
18,580.9
4,290.7
424.0
3,519.1
3,813.2
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

amount
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
85,316.3
180,736.3
262,321.1
429,653.1
81,302.6
192,434.7
305,855.1
489,868.0
97,323.5
233,073.2
354,425.4
550,481.2
111,437.1
261,747.4
406,866.7
615,771.3
132,764.4
314,121.4
482,735.1
717,266.7
161,893.8
331,431.3
511,879.3
764,597.1
56,485.1
179,074.8
390,779.8
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

annual
changes %
29.5
433.4
64.3
2.3
45.8
17.9
71.1
9.0
12.3
51.0
26.4
12.8
17.8
-4.7
6.5
16.6
14.0
19.7
21.1
15.9
12.4
14.5
12.3
14.8
11.9
19.1
20.0
18.6
16.5
21.9
5.5
6.0
6.6
35.6
10.6
17.9
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

Of which

Current
expenditure

41,553.3
74,676.2
75,718.7
105,536.2
128,154.1
203,452.0
220,606.6
251,005.7
68,675.9
146,473.4
208,158.8
314,118.7
71,910.7
164,052.8
245,876.7
366,838.3
80,987.6
186,848.9
278,841.2
415,309.0
95,140.7
214,319.4
307,993.5
434,831.7
116,913.5
257,034.1
368,485.6
525,804.2
131,702.3
278,838.3
406,683.5
600,288.8
50,950.4
165,608.6
355,957.4
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
Due to adjustment in "Lending minus repayments" made by the Ministry of Finance the figure differs from the previous months data.
1

31


The Government budget accounts

continued

End-of-period

Central Government budget

Deficit

Capital

Total
revenue &
grants

,

Total expenditure &
net lending

Local Government budget

Deficit

Total
revenue &
grants

Total expenditure &

net lending

Deficit

expenditure

1991 12
1992 12
1993 12
1994 12
1995 09
1995 12
1996 12
1997 12
1998 12
1999 12
2000 03
06
09
12
2001 03
06
09
12
2002 03
06
09
12
2003 03
06
09
12
2004 03
06
09
12
2005 03
06
09
12
2006 01
03
06
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

8,269.9
10,550.6
14,481.0
22,559.3
26,006.9
28,148.4
102,738.1
28,313.3
3,148.4
11,491.9
20,891.1
52,130.9
1,769.1
14,252.4
24,663.9
59,135.3
3,913.0
15,514.0
37,192.7
68,100.3
4,907.4
19,841.4
45,843.6
90,465.1
4,903.9
26,936.8
66,614.2
105,452.5
3,387.9
16,753.7
41,546.0
89,818.1
1,579.1
9,737.9
34,822.3
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

11,838.7
16,099.3
13,432.9
19,635.1
20,031.9
66,427.6
1,446.5
85,374.9
13,492.0
22,770.9
33,271.2
63,403.5
7,622.8
14,129.5
35,314.5
63,894.4
12,422.9
30,710.3
38,391.5
67,071.9
11,389.0
27,586.6
53,029.6
90,474.5
10,946.9
30,150.4
47,635.3
86,010.1
26,803.6
35,839.9
63,649.8
74,490.3
3,955.6
3,728.3
14,263.3
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

-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
-28,682.3
-45,171.4
-37,315.1
-78,655.0
-5,919.5
1,933.3
-15,432.0
-50,578.0
-13,210.4
-45,369.7
-45,842.5
-73,432.3
-19,534.1
-32,465.8
-28,411.1
-61,882.0
2,686.4
14,753.5
5,946.8
-24,480.6
-9,757.7
41,587.2
95,520.7
73,261.2
-179.0
35,307.7
148,043.8
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

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
45,635.5
107,643.5
183,199.5
287,876.0
62,491.2
160,970.2
245,077.0
347,346.0
72,642.0
155,996.1
257,554.8
379,281.4
84,958.3
208,944.9
349,752.1
523,344.0
129,870.0
307,294.2
462,275.5
652,466.3
142,636.4
351,203.6
577,479.1
792,509.8
52,294.8
202,967.1
508,880.8
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

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
81,033.2
162,785.1
232,275.2
360,286.9
70,996.9
166,775.0
263,924.1
395,862.8
82,763.5
195,326.9
291,340.1
443,592.3
109,251.7
252,599.9
392,392.0
585,374.5
126,331.0
298,789.5
456,809.3
675,853.0
156,654.1
314,517.4
481,936.1
717,805.2
53,349.7
169,690.1
380,583.8
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

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
-35,397.7
-55,141.6
-49,075.7
-72,410.9
-8,505.7
-5,804.8
-18,847.1
-48,516.8
-10,121.5
-39,330.8
-33,785.3
-64,310.9
-24,293.4
-43,655.0
-42,639.9
-62,030.5
3,539.0
8,504.7
5,466.2
-23,386.7
-14,017.7
36,686.2
95,543.0
74,704.6
-1,054.9
33,277.0
128,297.0
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

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
12,446.6
30,665.7
45,893.7
68,536.3
14,352.2
36,470.1
54,380.1
84,433.4
16,419.8
42,476.6
67,135.6
102,604.8
7,399.8
21,296.1
30,039.4
50,260.7
13,423.3
34,650.8
46,539.0
67,919.4
15,073.9
36,915.7
53,285.5
78,308.9
5,417.3
18,600.5
45,390.3
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

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
26,161.6
60,627.0
84,242.8
131,077.2
30,777.3
69,851.3
103,219.8
154,841.8
34,975.5
78,272.8
113,616.3
164,330.9
5,951.8
15,000.1
22,569.3
50,112.1
12,064.4
30,829.8
46,058.3
69,013.4
10,814.0
32,014.7
53,307.6
79,343.2
4,541.3
16,754.8
39,906.7
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

-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
-13,715.0
-29,961.3
-38,349.1
-62,540.9
-16,425.1
-33,381.2
-48,839.7
-70,408.4
-18,555.7
-35,796.2
-46,480.7
-61,726.1
1,448.0
6,296.0
7,470.1
148.5
1,358.9
3,821.0
480.7
-1,094.0
4,259.9
4,901.0
-22.1
-1,034.3
876.0
1,845.7
5,483.6
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

32


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 01
02
2003 03
06
09
12
2004 01
02
2004 03
04
05
06
07
08
09
10
11
12
2005 01
02
2005 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

22
23
21
21
22
22
19
14
21
22
23
21
20
21
22
21
21
20
22
22
21
21
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

: ,

429
418
410
400
403
403
406
408
403
404
402
403
404
404
404
402
402
401
401
401
399
397
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

129
89
69
59
61
60
63
64
64
67
68
67
69
69
69
68
69
69
68
68
68
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

302
203
125
88
134
105
104
111
129
88
117
109
104
120
121
112
85
140
63
103
86
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

in miilions of
togrog

226.4
261.0
273.5
274.3
657.3
657.7
695.6
1101.7
1100.9
1167.0
1124.6
1230.4
1972.4
2013.2
2013.2
2012.9
2015.7
2015.7
2015.5
2015.5
2015.3
2015.0
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

35853.4
34428.0
40482.8
41283.3
35847.6
33800.9
32898.9
35061.1
45044.2
33943.0
49513.4
46380.4
34742.8
37620.1
30260.7
30086.4
27059.3
34223.3
32752.0
29589.4
36463.9
32308.9
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

in miilions of
USD

39.8
32.1
36.9
37.5
31.9
30.2
28.9
30.8
39.5
29.3
42.4
39.6
29.5
32.0
25.8
26.0
23.0
28.8
27.5
24.6
30.2
26.6
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

Source: Monthly Report, Mongolian Stock Exchange

33


continued

End-of-period

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

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

Of which

Total amount

Daily average

533.8
350.9
5988.7
312.8
459.1
4410.4
5079.4
5125.9
8092.6
64.3
349.4
23.6
145.5
4855.7
242.1
3140.7
4916.7
29.2
607.8
562.0
107.4
74.7
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

24.3
15.3
285.2
14.9
20.9
200.5
267.3
366.1
385.4
2.9
15.2
1.1
7.3
2.2
1.9
3.4
0.6
1.5
0.4
1.7
2.3
2.6
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

5,917.26
4,172.96
4,885.58
4,975.18
7,688.81
4,809.57
2,844.12
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
170.85
172.42
25.46
281.02
46.96
212.35
3.00
40.00
200.00
224.20
93.30
0.12
599.65
524.94
59.25
19.59
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
66.57
21.38
125.24
122.77
17.36
137.07
20.57
105.46
46.09
42.10
72.42
13.22
29.07
8.15
37.10
48.12
55.15
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

average

highest

lowest

close

238.88
253.69
488.96
845.28
1025.82
919.70
887.22
839.61
800.38
737.93
740.69
849.85
726.59
774.93
652.15
641.87
609.24
595.83
669.68
707.36
571.41
623.03
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

251.85
259.53
506.31
962.97
1128.02
1045.45
952.89
990.57
846.21
851.49
910.79
886.06
816.72
910.74
795.37
699.61
712.42
691.87
746.50
770.08
837.37
858.72
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

229.09
245.40
459.64
757.82
803.68
824.50
755.43
675.15
727.82
577.60
587.88
754.55
682.95
711.33
567.51
507.00
491.62
499.66
611.66
616.42
477.60
485.44
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

235.02
255.72
469.93
814.02
933.93
824.74
853.95
870.88
834.73
596.31
895.90
837.33
682.95
802.25
610.01
604.38
492.10
629.54
619.26
619.99
757.10
666.16
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

34