General Assessment

    Variable(2022)
    Data
    Main constraints in the development of the housing finance sector  
    New developments that will have a major impact on the sector 
    back to top | Country Data:
    Notes: LTV = 90%
    Notes: The seller must pay property tax, which is 2% of gross sales amount of property.
    Notes: Between $256 - $340. IMF annual average market exchange rate for 2007 used (MNT 1,170.38 = 1 USD).
    Notes: LTV = 90%
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The seller must pay property tax, which is 2% of gross sales amount of property.
    Notes: 10% tax return for mortgages up to 30 million MNT ($23,706 USD, using average 2011 exchange rate)
    Notes: 10% tax return for mortgages up to 30 million MNT ($23,706 USD, using average 2011 exchange rate)
    Notes: 10% tax return for mortgages up to 30 million MNT ($23,706 USD, using average 2011 exchange rate)
    Notes: 10% tax return for mortgages up to 30 million MNT ($23,706 USD, using average 2011 exchange rate)
    Notes: 10% tax return for mortgages up to 30 million MNT ($23,706 USD, using average 2011 exchange rate)
    Notes: 10% tax return for mortgages up to a certain price point
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 2015 = 100
    Notes: 70%
    Notes: 70%
    Notes: 70%
    Notes: Actual number is -10.13%
    Notes: Actual number is -11.23%
    Notes: Actual number is -11.92%
    Notes: Actual number is -13.82%
    Notes: Actual number is -252.60%
    Notes: Actual number is -69.60%
    Notes: Average price of 1 sq. m
    Notes: Average price of 1 sq. m
    Notes: Average price of 1 sq. m
    Notes: Average price of 1 sq. m
    Notes: Average price of 1 sq. m
    Notes: Average price of 1 sq. m
    Notes: Average price of 1 sq. m
    Notes: Average price of 1 sq. m
    Notes: Average price of 1 sq. m
    Notes: Average price of 1 sq. m
    Notes: Between $256 - $340. IMF annual average market exchange rate for 2007 used (MNT 1,170.38 = 1 USD).
    Notes: Between 0.2% and 1.0%
    Notes: Between 0.2% and 1.0%
    Notes: Between 0.2% and 1.0%
    Notes: Between 1 and 12 months.
    Notes: Between 1 and 12 months.
    Notes: Between 1 and 12 months.
    Notes: Between 1 and 12 months.
    Notes: Between 1 and 12 months.
    Notes: Between 18 and 54 sq. mt
    Notes: Between 18 and 54 sq. mt
    Notes: Between 18 and 54 sq. mt
    Notes: Between 18 and 54 sq. mt
    Notes: Between 18 and 54 sq. mt
    Notes: Between 2% - 30%.
    Notes: Between 2% - 30%.
    Notes: Between 2% - 30%.
    Notes: Between 2%- 30%
    Notes: Between 2%- 30%
    Notes: Between 3.47-13.8 USD.
    Notes: Between 4.27-17.1 USD.
    Notes: Between 8.54-21.36 USD.
    Notes: Credit Risk Insurance
    Notes: Credit Risk Insurance
    Notes: Credit Risk Insurance
    Notes: Debt to income - 45%
    Notes: Debt to income - 45%
    Notes: Debt to income - 45%
    Notes: Figure is approximate.
    Notes: Figure is approximate.
    Notes: Figure is approximate.
    Notes: Figure is approximate.
    Notes: Figure is approximate.
    Notes: Financial aid from domestic and foreign investors selected by the project.
    Notes: Financial aid from domestic and foreign investors selected by the project.
    Notes: Financial aid from domestic and foreign investors selected by the project.
    Notes: From the WEO Estimate Start after 2021
    Notes: From the WEO Estimate Start after 2021
    Notes: From the WEO Estimate Start after 2021
    Notes: From the WEO Estimate Start after 2021
    Notes: From the WEO Estimate Start after 2021
    Notes: IMF annual average market exchange rate for 2008 used (MNT 1,169.26 = 1 USD).
    Notes: IMF annual average market exchange rate for 2008 used (MNT 1,169.26 = 1 USD).
    Notes: IMF annual average market exchange rate for 2009 used (MNT 1,345.21 = 1 USD).
    Notes: IMF annual average market exchange rate for 2009 used (MNT 1,440.59 = 1 USD).
    Notes: IMF annual average market exchange rate for 2009 used (MNT 1,440.59 = 1 USD).
    Notes: IMF annual average market exchange rate for 2010 used (MNT 1345.21 = 1 USD).
    Notes: IMF annual average market exchange rate for 2011 used (MNT 1,265.52 = 1 USD)
    Notes: IMF annual average market exchange rate for 2011 used (MNT 1265.52 = 1 USD).
    Notes: IMF average market exchange rate for December 2010 used (MNT 1,345.21 = 1 USD).
    Notes: IMF average market exchange rate for December 2011 used (MNT 1,265.52 = 1 USD).
    Notes: LTV = 90%
    Notes: LTV = 90%
    Notes: LTV = 90%
    Notes: Mongolian Housing Finance Corporation
    Notes: The government of Mongolia and its commissions officially set the monthly minimum wage amount.
    Notes: The government of Mongolia and its commissions officially set the monthly minimum wage amount.
    Notes: The government of Mongolia and its commissions officially set the monthly minimum wage amount.
    Notes: The government of Mongolia and its commissions officially set the monthly minimum wage amount.
    Notes: The government of Mongolia and its commissions officially set the monthly minimum wage amount.
    Notes: The government of Mongolia and its commissions officially set the monthly minimum wage amount.
    Notes: The government of Mongolia and its commissions officially set the monthly minimum wage amount.
    Notes: The government of Mongolia and its commissions officially set the monthly minimum wage amount.
    Notes: The government of Mongolia and its commissions officially set the monthly minimum wage amount.
    Notes: The government of Mongolia and its commissions officially set the monthly minimum wage amount.
    Notes: The government of Mongolia and its commissions officially set the monthly minimum wage amount.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The Mongolian National Statistic office does not estimate the median national annual household income. This figure refers to the average estimated household income.
    Notes: The National statistics committee of Mongolia has changed 2016's data.
    Notes: The seller must pay property tax, which is 2% of gross sales amount of property.
    Notes: The seller must pay property tax, which is 2% of gross sales amount of property.
    Notes: The seller must pay property tax, which is 2% of gross sales amount of property.
    Notes: Treasury bill (Interest rate) for 1 week from Bank of Mongolia (Policy rate)
    Notes: Value is 115.71%
    Notes: Value is 134.37%
    Notes: Value is 279.22%
    Notes: Value is 280.20%
    Notes: Value is 300.00%
    Notes: Value is 300.00%
    Notes: Value is 362.50%
    Notes: Value is 400.00%