Mongolia vs Singapore: Bank or similar financial institution account

Mongolia
98.2%
in 2024
Singapore
97.8%
in 2024
Mongolia rank
17th
Singapore rank
20th

Bank or similar financial institution account over time

  • Mongolia
  • Singapore
020406080100201120172024

How they compare

Mongolia currently reports 98.2% against 97.8% in Singapore, a difference of 0.4%.

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

Mongolia ranks 17th and Singapore ranks 20th of 115 countries.

Across the 2 decades both report, Mongolia averaged higher in 1 and Singapore in 1.

Head to head by decade

Decade Mongolia Singapore Difference Ahead
2010s 87.5% 97.5% 10.0% Singapore
2020s 98.2% 97.5% 0.7% Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank or similar financial institution account, Mongolia or Singapore?
Mongolia, at 98.2% against 97.8% in Singapore as of 2024.
What is the difference in bank or similar financial institution account between Mongolia and Singapore?
0.4%, with Mongolia ahead.
How many years of comparable data are there for Mongolia and Singapore?
5 years are reported by both, from 2011 to 2024.
How do Mongolia and Singapore rank globally for bank or similar financial institution account?
Mongolia ranks 17th and Singapore ranks 20th 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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Mongolia vs Singapore: Bank or similar financial institution account. Statizoid, drawing on Global Findex Database. Retrieved 03 September 2026, from https://reference.statizoid.com/compare/bank-or-similar-financial-institution-account-percent-age-15/mongolia/singapore/

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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+)