Low income vs Mongolia: Account ownership at a financial institution or with a
Low income
52.5%
in 2024
Mongolia
98.9%
in 2024
Low income rank
12th
Mongolia rank
11th
Account ownership at a financial institution or with a over time
- Low income
- Mongolia
How they compare
Mongolia currently reports 98.9% against 52.5% in Low income, a difference of 46.4%.
That makes Mongolia's figure about 1.9 times Low income's.
Across all 5 years both countries report, Mongolia has been ahead every year.
Low income ranks 12th and Mongolia ranks 11th of 12 groups.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Low income | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 25.1% | 90.1% | 65.0% | Mongolia |
| 2020s | 47.0% | 98.7% | 51.8% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher account ownership at a financial institution or with a, Low income or Mongolia?
- Mongolia, at 98.9% against 52.5% in Low income as of 2024.
- What is the difference in account ownership at a financial institution or with a between Low income and Mongolia?
- 46.4%, with Mongolia ahead.
- How many years of comparable data are there for Low income and Mongolia?
- 5 years are reported by both, from 2011 to 2024.
- How do Low income and Mongolia rank globally for account ownership at a financial institution or with a?
- Low income ranks 12th and Mongolia ranks 11th of 12 groups.
- 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+).