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 169 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.
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
- Domestic credit to private sector by banks 48.5% (2025)
- Total reserves in months of imports 3.33 (2024)
- Net domestic credit 36.24 trillion current LCU (2024)
- Net foreign assets 8.60 trillion current LCU (2024)
- Monetary Sector credit to private sector 44.9% (2024)
- Broad money 53.7% (2024)
- Claims on central government, etc. -8.3% (2024)
- Domestic credit to private sector 44.9% (2024)
- Official exchange rate 3,545 LCU per US$, period average (2025)
- Net migration 79 (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 169 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.