Bank or similar financial institution account, out of laborforce in Mongolia

Mongolia: Bank or similar financial institution account, out of laborforce was 97.0% in 2024. ▲ Rising

Latest (2024)
97.0%
Change on year
up 0.0%
World rank
13th
of 98 countries
All-time high
97.0%
in 2024
All-time low
67.7%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, out of laborforce 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 % age 15+

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

Analysis

The most recent figure for bank or similar financial institution account, out of laborforce in Mongolia is 97.0%, measured in 2024. That is the highest value across all 5 years on record.

That represents a change of up 10.4% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in Mongolia peaked at 97.0% in 2024 and was at its lowest, 67.7%, in 2011.

Mongolia ranks 13th of 98 countries on this measure, in the top quarter.

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

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in Mongolia, 2011 to 2024.
Year % age 15+ Change
2011 67.7%
2014 87.9% +29.8%
2017 89.2% +1.5%
2021 97.0% +8.8%
2024 97.0% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 81.6% 67.7% 89.2% 3
2020s 97.0% 97.0% 97.0% 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 Japan 96.6% compare
  6. 16 Republic of Korea 96.3% 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, out of laborforce in Mongolia?
Bank or similar financial institution account, out of laborforce in Mongolia was 97.0% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in Mongolia?
The highest recorded value was 97.0% in 2024.
What is the lowest bank or similar financial institution account, out of laborforce recorded in Mongolia?
The lowest recorded value was 67.7% in 2011.
How does Mongolia rank for bank or similar financial institution account, out of laborforce?
Mongolia ranks 13th out of 98 countries with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in Mongolia?
Over the last ten years it is up 10.4%. 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, out of laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, out of laborforce in Mongolia. Statizoid. Retrieved 05 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/mongolia/

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About this data

Indicator
Bank or similar financial institution account, out of 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