Lower middle income vs Mongolia: Account, older

Lower middle income
72.6%
in 2024
Mongolia
98.9%
in 2024
Lower middle income rank
8th
Mongolia rank
8th

Account, older over time

  • Lower middle income
  • Mongolia
406080100201120172024

How they compare

Mongolia currently reports 98.9% against 72.6% in Lower middle income, a difference of 26.3%.

That makes Mongolia's figure about 1.4 times Lower middle income's.

Across all 5 years both countries report, Mongolia has been ahead every year.

Lower middle income ranks 8th and Mongolia ranks 8th of 13 groups.

Mongolia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Lower middle income Mongolia Difference Ahead
2010s 47.8% 89.1% 41.3% Mongolia
2020s 68.9% 99.0% 30.1% Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher account, older, Lower middle income or Mongolia?
Mongolia, at 98.9% against 72.6% in Lower middle income as of 2024.
What is the difference in account, older between Lower middle income and Mongolia?
26.3%, with Mongolia ahead.
How many years of comparable data are there for Lower middle income and Mongolia?
5 years are reported by both, from 2011 to 2024.
How do Lower middle income and Mongolia rank globally for account, older?
Lower middle income ranks 8th and Mongolia ranks 8th of 13 groups.
Where does this data come from?
Global Findex database, published as Account, older (% age 25+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Account, older (% age 25+)
Unit
% age 25+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), older (% age 25+)