Bank concentration in Mongolia
Mongolia: Bank concentration was 85.1% in 2021. ▼ Falling
Bank concentration in Mongolia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank concentration in Mongolia stood at 85.1%.
That represents a change of up 0.1% on the previous year and down 4.5% over ten years.
Over the whole period, bank concentration in Mongolia peaked at 100.0% in 2000 and was at its lowest, 74.2%, in 2005.
That places Mongolia 47th out of 170 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Bank concentration in Mongolia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 100.0% | — |
| 2001 | 100.0% | +0.0% |
| 2002 | 100.0% | +0.0% |
| 2003 | 100.0% | +0.0% |
| 2004 | 100.0% | +0.0% |
| 2005 | 74.2% | -25.8% |
| 2006 | 76.8% | +3.5% |
| 2007 | 76.7% | -0.1% |
| 2008 | 100.0% | +30.3% |
| 2009 | 100.0% | +0.0% |
| 2010 | 95.1% | -4.9% |
| 2011 | 89.1% | -6.2% |
| 2012 | 96.5% | +8.3% |
| 2013 | 100.0% | +3.6% |
| 2014 | 100.0% | +0.0% |
| 2015 | 78.8% | -21.2% |
| 2016 | 85.1% | +8.0% |
| 2017 | 78.8% | -7.4% |
| 2018 | 79.2% | +0.5% |
| 2019 | 84.4% | +6.5% |
| 2020 | 85.0% | +0.8% |
| 2021 | 85.1% | +0.1% |
Mongolia compared with similar countries
- Mongolia's 85.1% is above the median for upper middle income countries, which is 70.5%, 1.2× the median. (48 countries reporting)
- Mongolia's 85.1% is above the median for East Asia & Pacific, which is 56.7%, 1.5× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 92.8% | 74.2% | 100.0% | 10 |
| 2010s | 88.7% | 78.8% | 100.0% | 10 |
| 2020s | 85.1% | 85.0% | 85.1% | 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 bank concentration in Mongolia?
- Bank concentration in Mongolia was 85.1% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Mongolia?
- The highest recorded value was 100.0% in 2000.
- What is the lowest bank concentration recorded in Mongolia?
- The lowest recorded value was 74.2% in 2005.
- How does Mongolia rank for bank concentration?
- Mongolia ranks 47th out of 170 countries with data for 2021.
- Is bank concentration rising or falling in Mongolia?
- Over the last ten years it is down 4.5%. The long-run trend across the full record is falling.
- Where does this Mongolia data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.