Account in Mongolia

Mongolia: Account was 98.3% in 2024. ▲ Rising

Latest (2024)
98.3%
Change on year
down 0.2%
World rank
16th
of 118 countries
All-time high
98.5%
in 2021
All-time low
77.7%
in 2011
Years of data
5
2011–2024

Account 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. Measured in % age 15+.

Analysis

In 2024, account in Mongolia stood at 98.3%.

The figure is down 0.2% on the previous year and up 7.0% over ten years.

Over the whole period, account in Mongolia peaked at 98.5% in 2021 and was at its lowest, 77.7%, in 2011.

That places Mongolia 16th out of 118 countries with data for 2024, putting it in the top quarter.

Account in Mongolia, year by year

Annual values for Account (% age 15+) in Mongolia, 2011 to 2024.
Year % age 15+ Change
2011 77.7%
2014 91.8% +18.1%
2017 93.0% +1.3%
2021 98.5% +5.9%
2024 98.3% -0.2%

Mongolia compared with similar countries

  • Mongolia's 98.3% is above the median for upper middle income countries, which is 70.6%, 1.4× the median. (37 countries reporting)
  • Mongolia's 98.3% is above the median for East Asia & Pacific, which is 94.4%, 1.0× the median. (14 countries reporting)

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. 15 Ireland 98.3% compare
  4. 17 Belgium 98.2% compare
  5. 18 Australia 98.0% compare
  6. 19 Singapore 98.0% compare

See the full ranking of 130 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is account in Mongolia?
Account in Mongolia was 98.3% in 2024, according to Global Findex Database.
What is the highest account recorded in Mongolia?
The highest recorded value was 98.5% in 2021.
What is the lowest account recorded in Mongolia?
The lowest recorded value was 77.7% in 2011.
How does Mongolia rank for account?
Mongolia ranks 16th out of 118 countries with data for 2024.
Is account 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, published as part of Account (% age 15+). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
130 places, 650 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 similar financial institution (see the definition for "bank or similar financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), (% age 15+)