Mongolia vs South Africa: Saved at a financial institution or using a mobile money account
Mongolia
36.3%
in 2024
South Africa
35.8%
in 2024
Mongolia rank
19th
South Africa rank
20th
Saved at a financial institution or using a mobile money account over time
- Mongolia
- South Africa
How they compare
Mongolia currently reports 36.3% against 35.8% in South Africa, a difference of 0.5%.
The two have swapped places 2 times across 5 shared years of data; in 2011 it was Mongolia ahead.
Mongolia ranks 19th and South Africa ranks 20th of 82 countries.
South Africa has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Mongolia | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 25.2% | 25.6% | 0.4% | South Africa |
| 2020s | 32.7% | 38.2% | 5.4% | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher saved at a financial institution or using a mobile money account, Mongolia or South Africa?
- Mongolia, at 36.3% against 35.8% in South Africa as of 2024.
- What is the difference in saved at a financial institution or using a mobile money account between Mongolia and South Africa?
- 0.5%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and South Africa?
- 5 years are reported by both, from 2011 to 2024.
- How do Mongolia and South Africa rank globally for saved at a financial institution or using a mobile money account?
- Mongolia ranks 19th and South Africa ranks 20th of 82 countries.
- Where does this data come from?
- Global Findex Database, published as Saved at a financial institution or using a mobile money account (% age 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution or using a mobile money account to save in the past year, (% age 15+)