Mongolia vs South Asia: Account ownership at a financial institution or with a
Mongolia
98.9%
in 2024
South Asia
79.8%
in 2024
Mongolia rank
8th
South Asia rank
5th
Account ownership at a financial institution or with a over time
- Mongolia
- South Asia
How they compare
Mongolia currently reports 98.9% against 79.8% in South Asia, a difference of 19.1%.
That makes Mongolia's figure about 1.2 times South Asia's.
Across all 5 years both countries report, Mongolia has been ahead every year.
Mongolia ranks 8th and South Asia ranks 5th of 106 countries.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Mongolia | South Asia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 89.1% | 52.8% | 36.2% | Mongolia |
| 2020s | 99.0% | 75.8% | 23.2% | 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 South Asia?
- Mongolia, at 98.9% against 79.8% in South Asia as of 2024.
- What is the difference in account ownership at a financial institution or with a between Mongolia and South Asia?
- 19.1%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and South Asia?
- 5 years are reported by both, from 2011 to 2024.
- How do Mongolia and South Asia rank globally for account ownership at a financial institution or with a?
- Mongolia ranks 8th and South Asia ranks 5th of 106 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, 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+).