Low & middle income vs Mongolia: Bank or similar financial institution account, older

Low & middle income
74.8%
in 2024
Mongolia
98.9%
in 2024
Low & middle income rank
7th
Mongolia rank
8th

Bank or similar financial institution account, older over time

  • Low & middle income
  • Mongolia
020406080100201120172024

How they compare

Mongolia currently reports 98.9% against 74.8% in Low & middle income, a difference of 24.1%.

That makes Mongolia's figure about 1.3 times Low & middle income's.

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

Low & middle income ranks 7th 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 Low & middle income Mongolia Difference Ahead
2010s 56.2% 89.1% 32.9% Mongolia
2020s 72.2% 98.9% 26.7% Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank or similar financial institution account, older, Low & middle income or Mongolia?
Mongolia, at 98.9% against 74.8% in Low & middle income as of 2024.
What is the difference in bank or similar financial institution account, older between Low & middle income and Mongolia?
24.1%, with Mongolia ahead.
How many years of comparable data are there for Low & middle income and Mongolia?
5 years are reported by both, from 2011 to 2024.
How do Low & middle income and Mongolia rank globally for bank or similar financial institution account, older?
Low & middle income ranks 7th 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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Low & middle income vs Mongolia: Bank or similar financial institution account, older. Statizoid. Retrieved 07 September 2026, from https://reference.statizoid.com/compare/bank-or-similar-financial-institution-account-older-percent-age-25/low-and-middle-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