Bank branches in Mongolia in 2024 — 58.99 per 100k. Ranked 4 in the world out of 153. Since 2004, the indicator has risen by 49.7%.
2004–2024 · per 100,000 adults
How the value compares with the world and the groups this territory belongs to: Mongolia
| Year | per 100k | Change | Change, % |
|---|---|---|---|
| 2024 | 58.99 | −0.58 | −0.97% |
| 2023 | 59.57 | −0.87 | −1.44% |
| 2022 | 60.45 | −0.93 | −1.51% |
| 2021 | 61.37 | −1.3 | −2.08% |
| 2020 | 62.67 | −1.2 | −1.89% |
| 2019 | 63.88 | −5.03 | −7.3% |
| 2018 | 68.91 | −0.54 | −0.78% |
| 2017 | 69.45 | +0.24 | +0.35% |
| 2016 | 69.21 | −0.27 | −0.39% |
| 2015 | 69.48 | −1.09 | −1.54% |
| 2014 | 70.57 | +0.42 | +0.6% |
| 2013 | 70.15 | +2.43 | +3.58% |
| 2012 | 67.72 | +2.41 | +3.69% |
| 2011 | 65.31 | +11.09 | +20.46% |
| 2010 | 54.22 | +0.4 | +0.75% |
| 2009 | 53.82 | −3.01 | −5.29% |
| 2008 | 56.82 | +4.1 | +7.77% |
| 2007 | 52.73 | +7.02 | +15.37% |
| 2006 | 45.7 | +4.55 | +11.07% |
| 2005 | 41.15 | +1.75 | +4.43% |
| 2004 | 39.4 | — | — |
The same indicator for neighboring countries — with links to their pages
The number of commercial bank branches per 100,000 adults. The indicator was conceived as a measure of access to financial services, but it now calls for care in reading: in countries where banking has moved onto the phone, branches are closing, and a falling value means not a loss of access but a change in its form. The clearest case is Kenya and other countries of East Africa, where mobile money reached the population bypassing branches altogether.
Important: A measure of the physical presence of banks, not of access to financial services. Where mobile payments are widespread, a low value does not indicate financial exclusion.
Source: World Development Indicators (World Bank), license CC BY 4.0.
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