Luxembourg vs Mongolia: Commercial bank branches

Luxembourg
46.08 per 100,000 adults
in 2024
Mongolia
58.99 per 100,000 adults
in 2024
Luxembourg rank
6th
Mongolia rank
4th

Commercial bank branches over time

  • Luxembourg
  • Mongolia
0255075100200420142024

How they compare

Mongolia currently reports 58.99 per 100,000 adults against 46.08 per 100,000 adults in Luxembourg, a difference of 12.91 per 100,000 adults.

That makes Mongolia's figure about 1.3 times Luxembourg's.

The two have swapped places 3 times across 21 shared years of data; in 2004 it was Luxembourg ahead.

Luxembourg ranks 6th and Mongolia ranks 4th of 184 countries.

Across the 3 decades both report, Luxembourg averaged higher in 2 and Mongolia in 1.

Head to head by decade

Decade Luxembourg Mongolia Difference Ahead
2000s 99.98 per 100,000 adults 48.27 per 100,000 adults 51.71 per 100,000 adults Luxembourg
2010s 77.8 per 100,000 adults 66.89 per 100,000 adults 10.91 per 100,000 adults Luxembourg
2020s 52.67 per 100,000 adults 60.61 per 100,000 adults 7.95 per 100,000 adults Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher commercial bank branches, Luxembourg or Mongolia?
Mongolia, at 58.99 per 100,000 adults against 46.08 per 100,000 adults in Luxembourg as of 2024.
What is the difference in commercial bank branches between Luxembourg and Mongolia?
12.91 per 100,000 adults, with Mongolia ahead.
How many years of comparable data are there for Luxembourg and Mongolia?
21 years are reported by both, from 2004 to 2024.
How do Luxembourg and Mongolia rank globally for commercial bank branches?
Luxembourg ranks 6th and Mongolia ranks 4th of 184 countries.
Where does this data come from?
IMF Financial Access Survey, via World Bank (2026) – processed by Our World in Data, published as Commercial bank branches. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Luxembourg vs Mongolia: Commercial bank branches. Statizoid, drawing on IMF Financial Access Survey, via World Bank (2026) – processed by Our World in Data. Retrieved 01 September 2026, from https://reference.statizoid.com/compare/number-of-commercial-bank-branches-per-100000-adults/luxembourg/mongolia/

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About this data

Indicator
Commercial bank branches
Unit
per 100,000 adults
Source
IMF Financial Access Survey, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 3,628 data points, 2004–2024
Last refreshed

Number of commercial bank branches per 100,000 adults. Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks to provide financial services to customers.