South Korea vs Mongolia: Account ownership at a financial institution … richest
South Korea
98.7%
in 2024
Mongolia
98.9%
in 2024
South Korea rank
14th
Mongolia rank
11th
Account ownership at a financial institution … richest over time
- South Korea
- Mongolia
How they compare
Mongolia currently reports 98.9% against 98.7% in South Korea, a difference of 0.2%.
The two have swapped places 1 time across 5 shared years of data; in 2011 it was South Korea ahead.
South Korea ranks 14th and Mongolia ranks 11th of 102 countries.
South Korea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | South Korea | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 95.3% | 90.1% | 5.1% | South Korea |
| 2020s | 99.3% | 98.7% | 0.6% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher account ownership at a financial institution or with a, South Korea or Mongolia?
- Mongolia, at 98.9% against 98.7% in South Korea as of 2024.
- What is the difference in account ownership at a financial institution or with a between South Korea and Mongolia?
- 0.2%, with Mongolia ahead.
- How many years of comparable data are there for South Korea and Mongolia?
- 5 years are reported by both, from 2011 to 2024.
- How do South Korea and Mongolia rank globally for account ownership at a financial institution or with a?
- South Korea ranks 14th and Mongolia ranks 11th of 102 countries.
- Where does this data come from?
- Global Findex Database, World Bank (WB), published as Account ownership at a financial institution or with a mobile-money-service provider, richest 60% (% of population ages 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (richest 60%, share of population ages 15+).