Mongolia: Financial institutions development, access

* indicates monthly or quarterly data series
 Mongolia

Financial institutions development, access

 Latest value 0.701
 Year 2021
 Measure index points
 Data availability 1991 - 2021
 Average 0.511
 Min - Max 0.163 - 0.969
 Source International Monetary Fund
For that indicator, we provide data for Mongolia from 1991 to 2021. The average value for Mongolia during that period was 0.511 index points with a minimum of 0.163 index points in 1992 and a maximum of 0.969 index points in 2018. The latest value from 2021 is 0.701 index points. For comparison, the world average in 2021 based on 175 countries is 0.363 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Mongolia - Financial institutions development, access - Recent values chart

Historical chart
Mongolia - Financial institutions development, access - historical chart - 1991-2021




Definition: Measures access to financial services as a principal component of the following two variables: Bank branches per 100,000 adults and ATMs per 100,000 adults. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.


 Related indicators Latest value Reference Measure
 Financial development 0.308 2021 index points
 Financial institutions development 0.494 2021 index points
 Financial institutions development, depth 0.107 2021 index points
 Financial institutions development, access 0.701 2021 index points
 Financial institutions development, efficiency 0.539 2021 index points
 Financial markets development 0.111 2021 index points
 Financial markets development, depth 0.264 2021 index points
 Financial markets development, access 0.033 2021 index points
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