Mongolia vs Upper middle income: Account ownership at a financial institution or with a
Mongolia
99.5%
in 2024
Upper middle income
88.0%
in 2024
Mongolia rank
2nd
Upper middle income rank
2nd
Account ownership at a financial institution or with a over time
- Mongolia
- Upper middle income
How they compare
Mongolia currently reports 99.5% against 88.0% in Upper middle income, a difference of 11.5%.
That makes Mongolia's figure about 1.1 times Upper middle income's.
Across all 5 years both countries report, Mongolia has been ahead every year.
Mongolia ranks 2nd and Upper middle income ranks 2nd of 105 countries.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Mongolia | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 92.9% | 73.1% | 19.8% | Mongolia |
| 2020s | 99.3% | 87.5% | 11.7% | 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 Upper middle income?
- Mongolia, at 99.5% against 88.0% in Upper middle income as of 2024.
- What is the difference in account ownership at a financial institution or with a between Mongolia and Upper middle income?
- 11.5%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Upper middle income?
- 5 years are reported by both, from 2011 to 2024.
- How do Mongolia and Upper middle income rank globally for account ownership at a financial institution or with a?
- Mongolia ranks 2nd and Upper middle income ranks 2nd of 105 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, secondary education or more (% 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 (secondary education or more, % of population ages 15+).