Number of Borrowers, Commercial Banks, of Which: Household Sector in Mongolia

Mongolia: Number of Borrowers, Commercial Banks, of Which: Household Sector was 1.22 million in 2025. ▲ Rising

Latest (2025)
1.22 million
Change on year
up 8.5%
World rank
42nd
of 89 countries
All-time high
1.22 million
in 2022
All-time low
748,096
in 2016
Years of data
10
2016–2025

Number of Borrowers, Commercial Banks, of Which: Household Sector in Mongolia, 2016–2025

0250.0k500.0k750.0k1.0M1.2M2016202020252016: 748.1k2017: 796.8k2018: 865.3k2019: 904.0k2020: 834.6k2021: 839.9k2022: 1.2M2023: 1.0M2024: 1.1M2025: 1.2M

Source: International Monetary Fund.

Analysis

Mongolia recorded 1.22 million for number of borrowers, commercial banks, of which: household sector in 2025. That is the highest value across all 10 years on record.

That represents a change of up 8.5% on the previous year and up 62.6% over ten years.

Over the whole period, number of borrowers, commercial banks, of which: household sector in Mongolia peaked at 1.22 million in 2022 and was at its lowest, 748,096, in 2016.

Mongolia ranks 42nd of 89 countries on this measure, in the middle of the range.

Number of Borrowers, Commercial Banks, of Which: Household Sector in Mongolia, year by year

Annual values for Number of Borrowers, Commercial Banks, of Which: Household Sector Borrowers in Mongolia, 2016 to 2025.
Year Value Change
2016 748,096
2017 796,819 +6.5%
2018 865,314 +8.6%
2019 904,047 +4.5%
2020 834,630 -7.7%
2021 839,873 +0.6%
2022 1.22 million +44.9%
2023 1.05 million -13.9%
2024 1.12 million +7.1%
2025 1.22 million +8.5%

Mongolia compared with similar countries

  • Mongolia's 1.22 million is below the median for upper middle income countries, which is 1.67 million, 73% of the median. (32 countries reporting)
  • Mongolia's 1.22 million is above the median for East Asia & Pacific, which is 852,078, 1.4× the median. (10 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 828,569 748,096 904,047 4
2020s 1.05 million 834,630 1.22 million 6

Countries ranked near Mongolia

  1. 39 Uganda 1.68 million compare
  2. 40 Georgia 1.60 million compare
  3. 41 Panama 1.31 million compare
  4. 43 Costa Rica 1.05 million compare
  5. 44 Bosnia and Herzegovina 894,043 compare
  6. 45 Algeria 883,497 compare

See the full ranking of 89 places →

More financial sector data for Mongolia

All data for Mongolia →

Frequently asked questions

What is number of borrowers, commercial banks, of which: household sector in Mongolia?
Number of borrowers, commercial banks, of which: household sector in Mongolia was 1.22 million in 2025, according to International Monetary Fund.
What is the highest number of borrowers, commercial banks, of which: household sector recorded in Mongolia?
The highest recorded value was 1.22 million in 2022.
What is the lowest number of borrowers, commercial banks, of which: household sector recorded in Mongolia?
The lowest recorded value was 748,096 in 2016.
How does Mongolia rank for number of borrowers, commercial banks, of which: household sector?
Mongolia ranks 42nd out of 89 countries with data for 2025.
Is number of borrowers, commercial banks, of which: household sector rising or falling in Mongolia?
Over the last ten years it is up 62.6%. The long-run trend across the full record is rising.
Where does this Mongolia data come from?
The figures come from International Monetary Fund, published as part of Number of Borrowers, Commercial Banks, of Which: Household Sector Borrowers. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 10 observations, free to reuse under IMF Terms and Conditions (attribution required).

Share, cite or embed this page

Cite this page

Number of Borrowers, Commercial Banks, of Which: Household Sector in Mongolia. Statizoid, drawing on International Monetary Fund. Retrieved 18 September 2026, from https://financial-sector.statizoid.com/stat/number-of-borrowers-commercial-banks-of-which-household-sector-borrowers/mongolia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under IMF Terms and Conditions (attribution required); please keep the attribution.

<a href="https://financial-sector.statizoid.com/stat/number-of-borrowers-commercial-banks-of-which-household-sector-borrowers/mongolia/">Number of Borrowers, Commercial Banks, of Which: Household Sector in Mongolia</a> — Statizoid

About this data

Indicator
Number of Borrowers, Commercial Banks, of Which: Household Sector Borrowers
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
89 places, 1,272 data points, 2004–2025
Last refreshed

Gender-disaggregated data on access to and use of financial services.