Bank branches per 100,000 adults in Mongolia
Mongolia: Bank branches per 100,000 adults was 62.59 in 2020. ▲ Rising
Bank branches per 100,000 adults in Mongolia, 2004–2020
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
Mongolia recorded 62.59 for bank branches per 100,000 adults in 2020.
The figure is down 2.0% on the previous year and up 14.6% over ten years.
Over the whole period, bank branches per 100,000 adults in Mongolia peaked at 71.23 in 2014 and was at its lowest, 40.01, in 2004.
That places Mongolia 6th out of 185 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Bank branches per 100,000 adults in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 40.01 | — |
| 2005 | 41.66 | +4.1% |
| 2006 | 46.11 | +10.7% |
| 2007 | 53.07 | +15.1% |
| 2008 | 57.23 | +7.8% |
| 2009 | 54.3 | -5.1% |
| 2010 | 54.61 | +0.6% |
| 2011 | 65.69 | +20.3% |
| 2012 | 68.21 | +3.8% |
| 2013 | 70.68 | +3.6% |
| 2014 | 71.23 | +0.8% |
| 2015 | 70.14 | -1.5% |
| 2016 | 69.83 | -0.4% |
| 2017 | 69.92 | +0.1% |
| 2018 | 69.17 | -1.1% |
| 2019 | 63.89 | -7.6% |
| 2020 | 62.59 | -2.0% |
Mongolia compared with similar countries
- Mongolia's 62.59 is above the median for upper middle income countries, which is 14.09, 4.4× the median. (55 countries reporting)
- Mongolia's 62.59 is above the median for East Asia & Pacific, which is 12.46, 5.0× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 48.73 | 40.01 | 57.23 | 6 |
| 2010s | 67.34 | 54.61 | 71.23 | 10 |
| 2020s | 62.59 | 62.59 | 62.59 | 1 |
Countries ranked near Mongolia
- 3 Trinidad and Tobago 176.95 compare
- 4 United States 138.25 compare
- 5 Bolivia 68.81 compare
- 7 Bulgaria 60.25 compare
- 8 Luxembourg 59 compare
- 9 Seychelles 46.63 compare
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 bank branches per 100,000 adults in Mongolia?
- Bank branches per 100,000 adults in Mongolia was 62.59 in 2020, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank branches per 100,000 adults recorded in Mongolia?
- The highest recorded value was 71.23 in 2014.
- What is the lowest bank branches per 100,000 adults recorded in Mongolia?
- The lowest recorded value was 40.01 in 2004.
- How does Mongolia rank for bank branches per 100,000 adults?
- Mongolia ranks 6th out of 185 countries with data for 2020.
- Is bank branches per 100,000 adults rising or falling in Mongolia?
- Over the last ten years it is up 14.6%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank branches per 100,000 adults. Statizoid updates them automatically from the source API.
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About this data
For each country calculated as: 100,000*reported number of depositors/adult population in the reporting country.