Latin America & Caribbean (excluding high income) vs Mongolia: Bank or similar financial institution account, older

Latin America & Caribbean (excluding high income)
68.4%
in 2024
Mongolia
98.9%
in 2024
Latin America & Caribbean (excluding high income) rank
8th
Mongolia rank
8th

Bank or similar financial institution account, older over time

  • Latin America & Caribbean (excluding high income)
  • Mongolia
020406080100201120172024

How they compare

Mongolia currently reports 98.9% against 68.4% in Latin America & Caribbean (excluding high income), a difference of 30.5%.

That makes Mongolia's figure about 1.4 times Latin America & Caribbean (excluding high income)'s.

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

Latin America & Caribbean (excluding high income) ranks 8th and Mongolia ranks 8th of 12 groups.

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

Head to head by decade

Decade Latin America & Caribbean (excluding high income) Mongolia Difference Ahead
2010s 53.1% 89.1% 36.0% Mongolia
2020s 67.8% 98.9% 31.1% Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank or similar financial institution account, older, Latin America & Caribbean (excluding high income) or Mongolia?
Mongolia, at 98.9% against 68.4% in Latin America & Caribbean (excluding high income) as of 2024.
What is the difference in bank or similar financial institution account, older between Latin America & Caribbean (excluding high income) and Mongolia?
30.5%, with Mongolia ahead.
How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Mongolia?
5 years are reported by both, from 2011 to 2024.
How do Latin America & Caribbean (excluding high income) and Mongolia rank globally for bank or similar financial institution account, older?
Latin America & Caribbean (excluding high income) ranks 8th and Mongolia ranks 8th of 12 groups.
Where does this data come from?
The World Bank, published as Bank or similar financial institution account, older (% age 25+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & Caribbean (excluding high income) vs Mongolia: Bank or similar financial institution account, older. Statizoid. Retrieved 15 September 2026, from https://reference.statizoid.com/compare/bank-or-similar-financial-institution-account-older-percent-age-25/latin-america-and-caribbean-excluding-high-income/mongolia/

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About this data

Indicator
Bank or similar financial institution account, older (% age 25+)
Unit
% age 25+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed