Account, out of labor force in Mongolia

Mongolia: Account, out of labor force was 97.2% in 2024. ▲ Rising

Latest (2024)
97.2%
Change on year
up 0.2%
World rank
13th
of 97 countries
All-time high
97.2%
in 2024
All-time low
67.7%
in 2011
Years of data
5
2011–2024

Account, out of labor force in Mongolia, 2011–2024

0204060801002011201720242011: 67.7 % age 15+2014: 87.9 % age 15+2017: 89.2 % age 15+2021: 97 % age 15+2024: 97.2 % age 15+

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

Analysis

Mongolia recorded 97.2% for account, out of labor force in 2024. That is the highest value across all 5 years on record.

That represents a change of up 0.2% on the previous year and up 10.6% over ten years.

Over the whole period, account, out of labor force in Mongolia peaked at 97.2% in 2024 and was at its lowest, 67.7%, in 2011.

Mongolia ranks 13th of 97 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 81.6% 67.7% 89.2% 3
2020s 97.1% 97.0% 97.2% 2

Countries ranked near Mongolia

  1. 10 Slovenia 98.1% compare
  2. 11 Ireland 97.9% compare
  3. 12 Canada 97.6% compare
  4. 14 Australia 96.8% compare
  5. 15 South Korea 96.6% compare
  6. 16 Japan 96.6% compare

See the full ranking of 110 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is account, out of labor force in Mongolia?
Account, out of labor force in Mongolia was 97.2% in 2024, according to Global Findex database.
What is the highest account, out of labor force recorded in Mongolia?
The highest recorded value was 97.2% in 2024.
What is the lowest account, out of labor force recorded in Mongolia?
The lowest recorded value was 67.7% in 2011.
How does Mongolia rank for account, out of labor force?
Mongolia ranks 13th out of 97 countries with data for 2024.
Is account, out of labor force rising or falling in Mongolia?
Over the last ten years it is up 10.6%. 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, out of labor force (% age 15+). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Account, out of labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 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"), out of labor force (% age 15+)