Account, in labor force in Mongolia

Mongolia: Account, in labor force was 98.9% in 2024. ▲ Rising

Latest (2024)
98.9%
Change on year
down 0.6%
World rank
16th
of 99 countries
All-time high
99.5%
in 2021
All-time low
87.5%
in 2011
Years of data
5
2011–2024

Account, in labor force in Mongolia, 2011–2024

0204060801002011201720242011: 87.5 % age 15+2014: 95.1 % age 15+2017: 95.9 % age 15+2021: 99.5 % age 15+2024: 98.9 % age 15+

Source: Global Findex database. Measured in % age 15+.

Analysis

Mongolia recorded 98.9% for account, in labor force in 2024.

Compared with earlier readings it is down 0.6% on the previous year and up 4.0% over ten years.

Over the whole period, account, in labor force in Mongolia peaked at 99.5% in 2021 and was at its lowest, 87.5%, in 2011.

Mongolia ranks 16th of 99 countries on this measure, in the top quarter.

Account, in labor force in Mongolia, year by year

Annual values for Account, in labor force (% age 15+) in Mongolia, 2011 to 2024.
Year % age 15+ Change
2011 87.5%
2014 95.1% +8.8%
2017 95.9% +0.8%
2021 99.5% +3.7%
2024 98.9% -0.6%

Mongolia compared with similar countries

  • Mongolia's 98.9% is above the median for upper middle income countries, which is 83.4%, 1.2× the median. (33 countries reporting)
  • Mongolia's 98.9% is above the median for East Asia & Pacific, which is 97.0%, 1.0× the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 92.8% 87.5% 95.9% 3
2020s 99.2% 98.9% 99.5% 2

Countries ranked near Mongolia

  1. 13 New Zealand 99.0% compare
  2. 14 Canada 98.9% compare
  3. 15 Malta 98.9% compare
  4. 17 Denmark 98.8% compare
  5. 18 Estonia 98.7% compare
  6. 19 Australia 98.7% compare

See the full ranking of 111 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is account, in labor force in Mongolia?
Account, in labor force in Mongolia was 98.9% in 2024, according to Global Findex database.
What is the highest account, in labor force recorded in Mongolia?
The highest recorded value was 99.5% in 2021.
What is the lowest account, in labor force recorded in Mongolia?
The lowest recorded value was 87.5% in 2011.
How does Mongolia rank for account, in labor force?
Mongolia ranks 16th out of 99 countries with data for 2024.
Is account, in labor force rising or falling in Mongolia?
Over the last ten years it is up 4.0%. The long-run trend across the full record is rising.
Where does this Mongolia data come from?
The figures come from Global Findex database, published as part of Account, in labor force (% age 15+). Statizoid updates them automatically from the source API.

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Account, in labor force in Mongolia. Statizoid, drawing on Global Findex database. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/account-in-labor-force-percent-age-15/mongolia/

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About this data

Indicator
Account, in labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
111 places, 555 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 type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), in labor force (% age 15+)