Korea vs Mongolia: Account, out of labor force

Korea
96.6%
in 2024
Mongolia
97.2%
in 2024
Korea rank
15th
Mongolia rank
13th

Account, out of labor force over time

  • Korea
  • Mongolia
020406080100201120172024

How they compare

Mongolia currently reports 97.2% against 96.6% in Korea, a difference of 0.6%.

The two have swapped places 1 time across 5 shared years of data; in 2011 it was Korea ahead.

Korea ranks 15th and Mongolia ranks 13th of 99 countries.

Across the 2 decades both report, Korea averaged higher in 1 and Mongolia in 1.

Head to head by decade

Decade Korea Mongolia Difference Ahead
2010s 90.4% 81.6% 8.8% Korea
2020s 96.4% 97.1% 0.7% Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher account, out of labor force, Korea or Mongolia?
Mongolia, at 97.2% against 96.6% in Korea as of 2024.
What is the difference in account, out of labor force between Korea and Mongolia?
0.6%, with Mongolia ahead.
How many years of comparable data are there for Korea and Mongolia?
5 years are reported by both, from 2011 to 2024.
How do Korea and Mongolia rank globally for account, out of labor force?
Korea ranks 15th and Mongolia ranks 13th of 99 countries.
Where does this data come from?
Global Findex database, published as Account, out of labor force (% age 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Korea vs Mongolia: Account, out of labor force. Statizoid, drawing on Global Findex database. Retrieved 22 August 2026, from https://reference.statizoid.com/compare/account-out-of-labor-force-percent-age-15/korea-rep/mongolia/

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About this data

Indicator
Account, out of labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
111 places, 555 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"), out of labor force (% age 15+)