Number of commercial bank branches per 100000 adults in Mongolia

Mongolia: Number of commercial bank branches per 100000 adults was 58.99 in 2024. ▲ Rising

Latest (2024)
58.99
Change on year
down 1.0%
World rank
4th
of 184 countries
All-time high
70.57
in 2014
All-time low
39.4
in 2004
Years of data
21
2004–2024

Number of commercial bank branches per 100000 adults in Mongolia, 2004–2024

0204060802004201420242004: 39.42005: 41.12006: 45.72007: 52.72008: 56.82009: 53.82010: 54.22011: 65.32012: 67.72013: 70.12014: 70.62015: 69.52016: 69.22017: 69.42018: 68.92019: 63.92020: 62.72021: 61.42022: 60.42023: 59.62024: 59

Source: Our World in Data.

Analysis

Mongolia recorded 58.99 for number of commercial bank branches per 100000 adults in 2024.

The figure is down 1.0% on the previous year and down 16.4% over ten years.

Over the whole period, number of commercial bank branches per 100000 adults in Mongolia peaked at 70.57 in 2014 and was at its lowest, 39.4, in 2004.

That places Mongolia 4th out of 184 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 21 years of available data.

Number of commercial bank branches per 100000 adults in Mongolia, year by year

Annual values for Number of commercial bank branches per 100000 adults in Mongolia, 2004 to 2024.
Year Value Change
2004 39.4
2005 41.15 +4.4%
2006 45.7 +11.1%
2007 52.73 +15.4%
2008 56.82 +7.8%
2009 53.82 -5.3%
2010 54.22 +0.7%
2011 65.31 +20.5%
2012 67.72 +3.7%
2013 70.15 +3.6%
2014 70.57 +0.6%
2015 69.48 -1.5%
2016 69.21 -0.4%
2017 69.45 +0.3%
2018 68.91 -0.8%
2019 63.88 -7.3%
2020 62.67 -1.9%
2021 61.37 -2.1%
2022 60.45 -1.5%
2023 59.57 -1.4%
2024 58.99 -1.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 48.27 39.4 56.82 6
2010s 66.89 54.22 70.57 10
2020s 60.61 58.99 62.67 5

Countries ranked near Mongolia

  1. 1 San Marino 120.76 compare
  2. 2 Bulgaria 93.84 compare
  3. 3 Bolivia, Plurinational State of 63.46 compare
  4. 5 Uzbekistan 56.61 compare
  5. 6 Luxembourg 46.08 compare
  6. 7 Macau, China 44.3 compare

See the full ranking of 184 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is number of commercial bank branches per 100000 adults in Mongolia?
Number of commercial bank branches per 100000 adults in Mongolia was 58.99 in 2024, according to Our World in Data.
What is the highest number of commercial bank branches per 100000 adults recorded in Mongolia?
The highest recorded value was 70.57 in 2014.
What is the lowest number of commercial bank branches per 100000 adults recorded in Mongolia?
The lowest recorded value was 39.4 in 2004.
How does Mongolia rank for number of commercial bank branches per 100000 adults?
Mongolia ranks 4th out of 184 countries with data for 2024.
Is number of commercial bank branches per 100000 adults rising or falling in Mongolia?
Over the last ten years it is down 16.4%. The long-run trend across the full record is rising.
Where does this Mongolia data come from?
The figures come from Our World in Data, published as part of Number of commercial bank branches per 100000 adults. Statizoid updates them automatically from the source API.

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Number of commercial bank branches per 100000 adults in Mongolia. Statizoid, drawing on Our World in Data. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/number-of-commercial-bank-branches-per-100000-adults/mongolia/

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About this data

Indicator
Number of commercial bank branches per 100000 adults
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 3,628 data points, 2004–2024
Last refreshed