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

Lower middle income
68.4%
in 2024
Mongolia
98.9%
in 2024
Lower middle income rank
9th
Mongolia rank
8th

Bank or similar financial institution account, older over time

  • Lower middle income
  • Mongolia
406080100201120172024

How they compare

Mongolia currently reports 98.9% against 68.4% in Lower middle income, a difference of 30.5%.

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 9th 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 Lower middle income Mongolia Difference Ahead
2010s 46.7% 89.1% 42.4% Mongolia
2020s 65.2% 98.9% 33.7% Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank or similar financial institution account, older, Lower middle income or Mongolia?
Mongolia, at 98.9% against 68.4% in Lower middle income as of 2024.
What is the difference in bank or similar financial institution account, older between Lower middle income and Mongolia?
30.5%, 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 bank or similar financial institution account, older?
Lower middle income ranks 9th 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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Lower middle income vs Mongolia: Bank or similar financial institution account, older. Statizoid. Retrieved 05 September 2026, from https://reference.statizoid.com/compare/bank-or-similar-financial-institution-account-older-percent-age-25/lower-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