Share of adults with an account at a financial institution in Mongolia

Mongolia: Share of adults with an account at a financial institution was 98.3% in 2024. ▲ Rising

Latest (2024)
98.3%
Change on year
down 0.2%
World rank
16th
of 115 countries
All-time high
98.5%
in 2021
All-time low
77.7%
in 2011
Years of data
5
2011–2024

Share of adults with an account at a financial institution in Mongolia, 2011–2024

0204060801002011201720242011: 77.7 % age 15+2014: 91.8 % age 15+2017: 93 % age 15+2021: 98.5 % age 15+2024: 98.3 % age 15+

Source: Global Findex Database - World Bank (2026) – processed by Our World in Data. Measured in % age 15+.

Analysis

Mongolia recorded 98.3% for share of adults with an account at a financial institution in 2024.

Compared with earlier readings it is down 0.2% on the previous year and up 7.0% over ten years.

Over the whole period, share of adults with an account at a financial institution in Mongolia peaked at 98.5% in 2021 and was at its lowest, 77.7%, in 2011.

That places Mongolia 16th out of 115 countries with data for 2024, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 87.5% 77.7% 93.0% 3
2020s 98.4% 98.3% 98.5% 2

Countries ranked near Mongolia

  1. 13 Spain 98.4% compare
  2. 14 Germany 98.3% compare
  3. 17 Belgium 98.2% compare
  4. 18 Australia 98.0% compare
  5. 19 Singapore 98.0% compare

See the full ranking of 115 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is share of adults with an account at a financial institution in Mongolia?
Share of adults with an account at a financial institution in Mongolia was 98.3% in 2024, according to Global Findex Database - World Bank (2026) – processed by Our World in Data.
What is the highest share of adults with an account at a financial institution recorded in Mongolia?
The highest recorded value was 98.5% in 2021.
What is the lowest share of adults with an account at a financial institution recorded in Mongolia?
The lowest recorded value was 77.7% in 2011.
How does Mongolia rank for share of adults with an account at a financial institution?
Mongolia ranks 16th out of 115 countries with data for 2024.
Is share of adults with an account at a financial institution rising or falling in Mongolia?
Over the last ten years it is up 7.0%. The long-run trend across the full record is rising.
Where does this Mongolia data come from?
The figures come from Global Findex Database - World Bank (2026) – processed by Our World in Data, published as part of Share of adults with an account at a financial institution. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Share of adults with an account at a financial institution
Unit
% age 15+
Source
Global Findex Database - World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
115 places, 575 data points, 2011–2024
Last refreshed

The share of respondents aged 15 and older, who report having an account (by themselves or with someone else) at a bank or another type of financial institution.