Mongolia: Small firms with bank credit

* indicates monthly or quarterly data series
 Mongolia

Small firms with bank credit, percent of all small firms

 Latest value 26.80
 Year 2019
 Measure percent
 Data availability 2009 - 2019
 Average 38.67
 Min - Max 26.80 - 51.80
 Source The World Bank
For that indicator, we provide data for Mongolia from 2009 to 2019. The average value for Mongolia during that period was 38.67 percent with a minimum of 26.8 percent in 2019 and a maximum of 51.8 percent in 2009. The latest value from 2019 is 26.8 percent. For comparison, the world average in 2019 based on 38 countries is 30.43 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 - Small firms with bank credit - Recent values chart




Definition: Percentage of small firms (5-19 workers) in the formal sector with a line of credit or a loan from a (formal) financial institution, such as a bank, credit union, microfinance institution, or cooperative.

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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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