Bank or similar financial institution account, young in Mongolia

Mongolia: Bank or similar financial institution account, young was 95.6% in 2024. ▲ Rising

Latest (2024)
95.6%
Change on year
up 0.1%
World rank
22nd
of 106 countries
All-time high
95.6%
in 2024
All-time low
73.4%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution 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: 95.6 % ages 15-24

Source: World Bank. Measured in % ages 15-24.

Analysis

Mongolia recorded 95.6% for bank or similar financial institution account, young in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 0.1% on the previous year and up 2.7% over ten years.

Over the whole period, bank or similar financial institution account, young in Mongolia peaked at 95.6% in 2024 and was at its lowest, 73.4%, in 2011.

Mongolia ranks 22nd of 106 countries on this measure, in the top quarter.

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

Annual values for Bank or similar financial institution 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 95.6% +0.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 83.5% 73.4% 93.0% 3
2020s 95.5% 95.4% 95.6% 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 118 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is bank or similar financial institution account, young in Mongolia?
Bank or similar financial institution account, young in Mongolia was 95.6% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, young recorded in Mongolia?
The highest recorded value was 95.6% in 2024.
What is the lowest bank or similar financial institution account, young recorded in Mongolia?
The lowest recorded value was 73.4% in 2011.
How does Mongolia rank for bank or similar financial institution account, young?
Mongolia ranks 22nd out of 106 countries with data for 2024.
Is bank or similar financial institution account, young rising or falling in Mongolia?
Over the last ten years it is up 2.7%. 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, young (% ages 15-24). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, young in Mongolia. Statizoid. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-young-percent-ages-15-24/mongolia/

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About this data

Indicator
Bank or similar financial institution account, young (% ages 15-24)
Unit
% ages 15-24
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed