Account ownership at a financial institution or with a in Mongolia
Mongolia: Account ownership at a financial institution or with a was 95.9% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Mongolia, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15-24.
Analysis
Mongolia recorded 95.9% for account ownership at a financial institution or with a in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 0.4% on the previous year and up 3.0% over ten years.
Over the whole period, account ownership at a financial institution or with a in Mongolia peaked at 95.9% in 2024 and was at its lowest, 73.4%, in 2011.
Mongolia ranks 22nd of 106 countries on this measure, in the top quarter.
Account ownership at a financial institution or with a in Mongolia, year by year
| Year | % of population ages 15-24 | Change |
|---|---|---|
| 2011 | 73.4% | — |
| 2014 | 93.0% | +26.8% |
| 2017 | 84.2% | -9.5% |
| 2021 | 95.4% | +13.3% |
| 2024 | 95.9% | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 83.5% | 73.4% | 93.0% | 3 |
| 2020s | 95.7% | 95.4% | 95.9% | 2 |
Countries ranked near Mongolia
More financial sector data for Mongolia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 2.13 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.55 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 2.13 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Mongolia?
- Account ownership at a financial institution or with a in Mongolia was 95.9% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Mongolia?
- The highest recorded value was 95.9% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Mongolia?
- The lowest recorded value was 73.4% in 2011.
- How does Mongolia rank for account ownership at a financial institution or with a?
- Mongolia ranks 22nd out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Mongolia?
- Over the last ten years it is up 3.0%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, young adults (% of population ages 15-24). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 (young adults, % of population ages 15-24).