Bank or similar financial institution account, in laborforce in Mongolia

Mongolia: Bank or similar financial institution account, in laborforce was 98.9% in 2024. ▲ Rising

Latest (2024)
98.9%
Change on year
down 0.1%
World rank
16th
of 98 countries
All-time high
99.0%
in 2021
All-time low
87.5%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, in laborforce in Mongolia, 2011–2024

0204060801002011201720242011: 87.5 % age 15+2014: 95.1 % age 15+2017: 95.9 % age 15+2021: 99 % age 15+2024: 98.9 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

Mongolia recorded 98.9% for bank or similar financial institution account, in laborforce in 2024.

Compared with earlier readings it is down 0.1% on the previous year and up 4.0% over ten years.

Over the whole period, bank or similar financial institution account, in laborforce in Mongolia peaked at 99.0% in 2021 and was at its lowest, 87.5%, in 2011.

That places Mongolia 16th out of 98 countries with data for 2024, putting it in the top quarter.

Bank or similar financial institution account, in laborforce in Mongolia, year by year

Annual values for Bank or similar financial institution account, in laborforce (% 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 99.0% +3.2%
2024 98.9% -0.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 92.8% 87.5% 95.9% 3
2020s 98.9% 98.9% 99.0% 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 110 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is bank or similar financial institution account, in laborforce in Mongolia?
Bank or similar financial institution account, in laborforce in Mongolia was 98.9% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, in laborforce recorded in Mongolia?
The highest recorded value was 99.0% in 2021.
What is the lowest bank or similar financial institution account, in laborforce recorded in Mongolia?
The lowest recorded value was 87.5% in 2011.
How does Mongolia rank for bank or similar financial institution account, in laborforce?
Mongolia ranks 16th out of 98 countries with data for 2024.
Is bank or similar financial institution account, in laborforce 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 the World Bank, published as part of Bank or similar financial institution account, in laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, in laborforce in Mongolia. Statizoid. Retrieved 28 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-in-laborforce-percent-age-15/mongolia/

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About this data

Indicator
Bank or similar financial institution account, in laborforce (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed