Mongolia vs Sub-Saharan Africa (excluding high income): Account ownership at a financial institution or with a
Account ownership at a financial institution or with a over time
- Mongolia
- Sub-Saharan Africa (excluding high income)
How they compare
Mongolia currently reports 98.9% against 65.4% in Sub-Saharan Africa (excluding high income), a difference of 33.5%.
That makes Mongolia's figure about 1.5 times Sub-Saharan Africa (excluding high income)'s.
Across all 5 years both countries report, Mongolia has been ahead every year.
Mongolia ranks 11th and Sub-Saharan Africa (excluding high income) ranks 10th of 102 countries.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Mongolia | Sub-Saharan Africa (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 90.1% | 40.2% | 49.9% | Mongolia |
| 2020s | 98.7% | 60.9% | 37.8% | 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, Mongolia or Sub-Saharan Africa (excluding high income)?
- Mongolia, at 98.9% against 65.4% in Sub-Saharan Africa (excluding high income) as of 2024.
- What is the difference in account ownership at a financial institution or with a between Mongolia and Sub-Saharan Africa (excluding high income)?
- 33.5%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Sub-Saharan Africa (excluding high income)?
- 5 years are reported by both, from 2011 to 2024.
- How do Mongolia and Sub-Saharan Africa (excluding high income) rank globally for account ownership at a financial institution or with a?
- Mongolia ranks 11th and Sub-Saharan Africa (excluding high income) ranks 10th 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+).