Lower middle income vs Mongolia: Account ownership at a financial institution or with a
Lower middle income
72.6%
in 2024
Mongolia
98.9%
in 2024
Lower middle income rank
8th
Mongolia rank
8th
Account ownership at a financial institution or with a over time
- Lower middle income
- Mongolia
How they compare
Mongolia currently reports 98.9% against 72.6% in Lower middle income, a difference of 26.3%.
That makes Mongolia's figure about 1.4 times Lower middle income's.
Across all 5 years both countries report, Mongolia has been ahead every year.
Lower middle income ranks 8th and Mongolia ranks 8th of 12 groups.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lower middle income | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 47.8% | 89.1% | 41.3% | Mongolia |
| 2020s | 68.9% | 99.0% | 30.1% | 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, Lower middle income or Mongolia?
- Mongolia, at 98.9% against 72.6% in Lower middle income as of 2024.
- What is the difference in account ownership at a financial institution or with a between Lower middle income and Mongolia?
- 26.3%, with Mongolia ahead.
- How many years of comparable data are there for Lower middle income and Mongolia?
- 5 years are reported by both, from 2011 to 2024.
- How do Lower middle income and Mongolia rank globally for account ownership at a financial institution or with a?
- Lower middle income ranks 8th and Mongolia ranks 8th 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, older adults (% of population ages 25+). 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 (older adults, % of population ages 25+).