Mongolia: Percent people with bank accounts

* indicates monthly or quarterly data series

People with bank accounts, percent of the population over 14 years of age

 Latest value 98.17
 Year 2021
 Measure percent
 Data availability 2011 - 2021
 Average 90.17
 Min - Max 77.72 - 98.17
 Source The World Bank
For that indicator, we provide data for Mongolia from 2011 to 2021. The average value for Mongolia during that period was 90.17 percent with a minimum of 77.72 percent in 2011 and a maximum of 98.17 percent in 2021. The latest value from 2021 is 98.17 percent. For comparison, the world average in 2021 based on 121 countries is 65.76 percent. 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 - Percent people with bank accounts  - Recent values chart

Definition: The percentage of respondents with an account (self or together with someone else) at a bank, credit union, another financial institution (e.g., cooperative, microfinance institution), or the post office (if applicable) including respondents who reported having a debit card (% age 15+).

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Types of financial institutions

 Related indicators Latest value Reference Measure
 ATMs per 100,000 adults 45.79 2021 ATMs per 100,000 adults
 Bank branches per 100,000 people 62.59 2020 bank branches
 Firms using credit to finance investment 47.90 2019 percent
 Small firms with bank credit 26.80 2019 percent
 Percent people with credit cards 6.96 2021 percent
 Percent people with debit cards 87.21 2021 percent
 Domestic credit to the private sector 45.79 2020 percent
 Bank credit to the private sector 40.86 2022 percent
 Liquid liabilities, percent of GDP 64.77 2021 percent
 Bank assets to GDP 52.77 2021 percent
 Financial system deposits, percent of GDP 62.61 2021 percent
 Bank credit to government 6.33 2020 percent
 Banking system concentration 85.14 2021 percent
 Foreign bank assets 7.00 2007 percent of total bank assets
 Percent people with bank accounts 98.17 2021 percent
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