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
Number of Borrowers, Commercial Banks, of Which: Household Sector in Mongolia, 2016–2025
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
| 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 828,569 | 748,096 | 904,047 | 4 |
| 2020s | 1.05 million | 834,630 | 1.22 million | 6 |
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 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.
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About this data
Gender-disaggregated data on access to and use of financial services.