Bank or similar financial institution account, poorest 40% in Mongolia

Mongolia: Bank or similar financial institution account, poorest 40% was 97.4% in 2024. ▲ Rising

Latest (2024)
97.4%
Change on year
down 0.2%
World rank
16th
of 102 countries
All-time high
97.6%
in 2021
All-time low
70.9%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, poorest 40% in Mongolia, 2011–2024

0204060801002011201720242011: 70.9 % age 15+2014: 89.1 % age 15+2017: 90.6 % age 15+2021: 97.6 % age 15+2024: 97.4 % age 15+

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

Analysis

The most recent figure for bank or similar financial institution account, poorest 40% in Mongolia is 97.4%, measured in 2024.

The figure is down 0.2% on the previous year and up 9.3% over ten years.

Over the whole period, bank or similar financial institution account, poorest 40% in Mongolia peaked at 97.6% in 2021 and was at its lowest, 70.9%, in 2011.

That places Mongolia 16th out of 102 countries with data for 2024, putting it in the top quarter.

Bank or similar financial institution account, poorest 40% in Mongolia, year by year

Annual values for Bank or similar financial institution account, poorest 40% (% age 15+) in Mongolia, 2011 to 2024.
Year % age 15+ Change
2011 70.9%
2014 89.1% +25.7%
2017 90.6% +1.7%
2021 97.6% +7.7%
2024 97.4% -0.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 83.5% 70.9% 90.6% 3
2020s 97.5% 97.4% 97.6% 2

Countries ranked near Mongolia

  1. 13 Lithuania 97.8% compare
  2. 14 Denmark 97.8% compare
  3. 15 Japan 97.7% compare
  4. 17 Australia 96.8% compare
  5. 18 New Zealand 96.8% compare
  6. 19 Sweden 96.6% compare

See the full ranking of 114 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is bank or similar financial institution account, poorest 40% in Mongolia?
Bank or similar financial institution account, poorest 40% in Mongolia was 97.4% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, poorest 40% recorded in Mongolia?
The highest recorded value was 97.6% in 2021.
What is the lowest bank or similar financial institution account, poorest 40% recorded in Mongolia?
The lowest recorded value was 70.9% in 2011.
How does Mongolia rank for bank or similar financial institution account, poorest 40%?
Mongolia ranks 16th out of 102 countries with data for 2024.
Is bank or similar financial institution account, poorest 40% rising or falling in Mongolia?
Over the last ten years it is up 9.3%. 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, poorest 40% (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, poorest 40% in Mongolia. Statizoid. Retrieved 06 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-poorest-40-percent-percent-age-15/mongolia/

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About this data

Indicator
Bank or similar financial institution account, poorest 40% (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed