Account, young in Mongolia

Mongolia: Account, young was 95.9% in 2024. ▲ Rising

Latest (2024)
95.9%
Change on year
up 0.4%
World rank
22nd
of 107 countries
All-time high
95.9%
in 2024
All-time low
73.4%
in 2011
Years of data
5
2011–2024

Account, young in Mongolia, 2011–2024

0204060801002011201720242011: 73.4 % ages 15-242014: 93 % ages 15-242017: 84.2 % ages 15-242021: 95.4 % ages 15-242024: 95.9 % ages 15-24

Source: Global Findex database. Measured in % ages 15-24.

Analysis

Mongolia recorded 95.9% for account, young in 2024. That is the highest value across all 5 years on record.

The figure is up 0.4% on the previous year and up 3.0% over ten years.

Over the whole period, account, young in Mongolia peaked at 95.9% in 2024 and was at its lowest, 73.4%, in 2011.

That places Mongolia 22nd out of 107 countries with data for 2024, putting it in the top quarter.

Account, young in Mongolia, year by year

Annual values for Account, young (% ages 15-24) in Mongolia, 2011 to 2024.
Year % ages 15-24 Change
2011 73.4%
2014 93.0% +26.8%
2017 84.2% -9.5%
2021 95.4% +13.3%
2024 95.9% +0.4%

Mongolia compared with similar countries

  • Mongolia's 95.9% is above the median for upper middle income countries, which is 62.0%, 1.5× the median. (37 countries reporting)
  • Mongolia's 95.9% is above the median for East Asia & Pacific, which is 95.4%, 1.0× the median. (13 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 83.5% 73.4% 93.0% 3
2020s 95.7% 95.4% 95.9% 2

Countries ranked near Mongolia

  1. 19 Hungary 96.4% compare
  2. 20 Malta 96.1% compare
  3. 21 Hong Kong 95.9% compare
  4. 23 New Zealand 95.4% compare
  5. 24 Cyprus 95.3% compare
  6. 25 Portugal 93.0% compare

See the full ranking of 119 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is account, young in Mongolia?
Account, young in Mongolia was 95.9% in 2024, according to Global Findex database.
What is the highest account, young recorded in Mongolia?
The highest recorded value was 95.9% in 2024.
What is the lowest account, young recorded in Mongolia?
The lowest recorded value was 73.4% in 2011.
How does Mongolia rank for account, young?
Mongolia ranks 22nd out of 107 countries with data for 2024.
Is account, young rising or falling in Mongolia?
Over the last ten years it is up 3.0%. 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, young (% ages 15-24). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Account, young (% ages 15-24)
Unit
% ages 15-24
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
119 places, 595 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"), young (% ages 15-24)