Australia vs Mongolia: Bank or similar financial institution account

Australia
98.0%
in 2024
Mongolia
98.2%
in 2024
Australia rank
18th
Mongolia rank
17th

Bank or similar financial institution account over time

  • Australia
  • Mongolia
020406080100201120172024

How they compare

Mongolia currently reports 98.2% against 98.0% in Australia, a difference of 0.2%.

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

Australia ranks 18th and Mongolia ranks 17th of 115 countries.

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

Head to head by decade

Decade Australia Mongolia Difference Ahead
2010s 99.1% 87.5% 11.6% Australia
2020s 98.7% 98.2% 0.5% Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank or similar financial institution account, Australia or Mongolia?
Mongolia, at 98.2% against 98.0% in Australia as of 2024.
What is the difference in bank or similar financial institution account between Australia and Mongolia?
0.2%, with Mongolia ahead.
How many years of comparable data are there for Australia and Mongolia?
5 years are reported by both, from 2011 to 2024.
How do Australia and Mongolia rank globally for bank or similar financial institution account?
Australia ranks 18th and Mongolia ranks 17th of 115 countries.
Where does this data come from?
Global Findex Database, published as Bank or similar financial institution account (% age 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Mongolia: Bank or similar financial institution account. Statizoid, drawing on Global Findex Database. Retrieved 30 August 2026, from https://reference.statizoid.com/compare/bank-or-similar-financial-institution-account-percent-age-15/australia/mongolia/

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About this data

Indicator
Bank or similar financial institution account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 635 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 similar financial institution, (% age 15+)