Bank branches per 100,000 adults in Mongolia

Mongolia: Bank branches per 100,000 adults was 62.59 in 2020. ▲ Rising

Latest (2020)
62.59
Change on year
down 2.0%
World rank
6th
of 183 countries
All-time high
71.23
in 2014
All-time low
40.01
in 2004
Years of data
17
2004–2020

Bank branches per 100,000 adults in Mongolia, 2004–2020

0204060802004201220202004: 402005: 41.72006: 46.12007: 53.12008: 57.22009: 54.32010: 54.62011: 65.72012: 68.22013: 70.72014: 71.22015: 70.12016: 69.82017: 69.92018: 69.22019: 63.92020: 62.6

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 183 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 3 Trinidad and Tobago 176.95 compare
  2. 4 United States 138.25 compare
  3. 5 Bolivia 68.81 compare
  4. 7 Bulgaria 60.25 compare
  5. 8 Luxembourg 59 compare
  6. 9 Seychelles 46.63 compare

See the full ranking of 184 places →

More financial sector data for Mongolia

All data for Mongolia →

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 183 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.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Bank branches per 100,000 adults
Source
Financial Access Survey (FAS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
184 places, 3,005 data points, 2004–2021
Last refreshed

For each country calculated as: 100,000*reported number of depositors/adult population in the reporting country.