Iceland vs Mongolia: Bank cost to income ratio

Iceland
46.5%
in 2021
Mongolia
46.4%
in 2021
Iceland rank
132nd
Mongolia rank
133rd

Bank cost to income ratio over time

  • Iceland
  • Mongolia
020406080200020102021

How they compare

Iceland currently reports 46.5% against 46.4% in Mongolia, a difference of 0.1%.

The two have swapped places 4 times across 12 shared years of data; in 2000 it was Iceland ahead.

Iceland ranks 132nd and Mongolia ranks 133rd of 169 countries.

Across the 3 decades both report, Iceland averaged higher in 1 and Mongolia in 2.

Head to head by decade

Decade Iceland Mongolia Difference Ahead
2000s 68.8% 57.5% 11.2% Iceland
2010s 44.7% 48.3% 3.6% Mongolia
2020s 49.0% 50.3% 1.4% Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank cost to income ratio, Iceland or Mongolia?
Iceland, at 46.5% against 46.4% in Mongolia as of 2021.
What is the difference in bank cost to income ratio between Iceland and Mongolia?
0.1%, with Iceland ahead.
How many years of comparable data are there for Iceland and Mongolia?
12 years are reported by both, from 2000 to 2021.
How do Iceland and Mongolia rank globally for bank cost to income ratio?
Iceland ranks 132nd and Mongolia ranks 133rd of 169 countries.
Where does this data come from?
Bankscope, Bureau van Dijk (BvD), published as Bank cost to income ratio (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Mongolia: Bank cost to income ratio. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 05 September 2026, from https://financial-sector.statizoid.com/compare/bank-cost-to-income-ratio-percent/iceland/mongolia/

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About this data

Indicator
Bank cost to income ratio (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 3,210 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.