Mongolia vs Sub-Saharan Africa (excluding high income): Bank or similar financial institution account, older

Mongolia
98.9%
in 2024
Sub-Saharan Africa (excluding high income)
43.7%
in 2024
Mongolia rank
8th
Sub-Saharan Africa (excluding high income) rank
11th

Bank or similar financial institution account, older over time

  • Mongolia
  • Sub-Saharan Africa (excluding high income)
20406080100201120172024

How they compare

Mongolia currently reports 98.9% against 43.7% in Sub-Saharan Africa (excluding high income), a difference of 55.2%.

That makes Mongolia's figure about 2.3 times Sub-Saharan Africa (excluding high income)'s.

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

Mongolia ranks 8th and Sub-Saharan Africa (excluding high income) ranks 11th of 106 countries.

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

Head to head by decade

Decade Mongolia Sub-Saharan Africa (excluding high income) Difference Ahead
2010s 89.1% 32.0% 57.0% Mongolia
2020s 98.9% 41.5% 57.3% Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank or similar financial institution account, older, Mongolia or Sub-Saharan Africa (excluding high income)?
Mongolia, at 98.9% against 43.7% in Sub-Saharan Africa (excluding high income) as of 2024.
What is the difference in bank or similar financial institution account, older between Mongolia and Sub-Saharan Africa (excluding high income)?
55.2%, with Mongolia ahead.
How many years of comparable data are there for Mongolia and Sub-Saharan Africa (excluding high income)?
5 years are reported by both, from 2011 to 2024.
How do Mongolia and Sub-Saharan Africa (excluding high income) rank globally for bank or similar financial institution account, older?
Mongolia ranks 8th and Sub-Saharan Africa (excluding high income) ranks 11th of 106 countries.
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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Mongolia vs Sub-Saharan Africa (excluding high income): Bank or similar financial institution account, older. Statizoid. Retrieved 13 September 2026, from https://reference.statizoid.com/compare/bank-or-similar-financial-institution-account-older-percent-age-25/mongolia/sub-saharan-africa-excluding-high-income/

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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