Bank Branch Density Statistics in Mongolia (2026)
According to World Bank World Development Indicators data, commercial bank branch density in Mongolia came to 59.8 per 100,000 adults in 2023. Down from 60.7 per 100,000 adults in 2022 to 59.8 per 100,000 adults in 2023. Mongolia ranks #1 of 25 economies in East Asia & Pacific on this measure, and #4 of 172 globally.
Key Statistics
- Latest value (2023)
- 59.8 per 100,000 adults (2023)
- Bank Branch Density in Mongolia as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- −1.4% (2023)
- Down from 60.7 per 100,000 adults in 2022 to 59.8 per 100,000 adults in 2023.
- CAGR 2004–2023
- +2.3% per year (2023)
- Compound annual growth rate from 39 per 100,000 adults in 2004 to 59.8 per 100,000 adults in 2023.
- Earliest value in this dataset (2004)
- 39 per 100,000 adults (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 39 per 100,000 adults in 2004 to 59.8 per 100,000 adults in 2023.
- Peak value (2014)
- 71.9 per 100,000 adults (2014)
- Highest value in the available series; the 2023 value is 59.8 per 100,000 adults.
- Rank in East Asia & Pacific
- #1 of 25 (2023)
- Mongolia ranks 1 of 25 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #4 of 172 (2023)
- Mongolia ranks 4 of 172 countries with data globally.
- East Asia & Pacific average
- 16.1 per 100,000 adults (2023)
- Mongolia (59.8 per 100,000 adults) is above the average of 16.1 per 100,000 adults across the 25 countries in East Asia & Pacific with data.
- Projected 2026 value
- 55.9 per 100,000 adults (2026)
- Projection based on 7-year trend (CAGR -2.3%); not an official figure.
- Number of commercial bank branches per 100,000 adults (2024)
- 59 per 100,000 adults (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Branches excluding headquarters, commercial banks (number) (2024)
- 1,398 (2024)
- Related indicator from IMF Financial Access Survey.
- Internet use in Mongolia (2024)
- 85.1% (2024)
- 85.1% of the population in Mongolia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 3.5 million (2024)
- Mongolia had a population of 3.5 million in 2024 (World Bank); shown for scale only.
Trend, 2004–2023
| Year | per 100,000 adults | Change |
|---|---|---|
| 2023 | 59.8 | −1.4% |
| 2022 | 60.7 | −1.4% |
| 2021 | 61.6 | −1.9% |
| 2020 | 62.8 | −2.0% |
| 2019 | 64 | −7.7% |
| 2018 | 69.4 | −1.2% |
| 2017 | 70.2 | −0.0% |
| 2016 | 70.2 | −0.7% |
| 2015 | 70.7 | −1.7% |
| 2014 | 71.9 | +0.6% |
| 2013 | 71.5 | +3.7% |
| 2012 | 68.9 | +3.8% |
| 2011 | 66.4 | +20.6% |
| 2010 | 55.1 | +1.2% |
| 2009 | 54.4 | −4.6% |
| 2008 | 57.1 | +8.4% |
| 2007 | 52.6 | +15.8% |
| 2006 | 45.4 | +11.4% |
| 2005 | 40.8 | +4.6% |
| 2004 | 39 | — |
Frequently asked questions
What is the latest figure for commercial bank branch density in Mongolia?
Commercial bank branch density in Mongolia stood at 59.8 per 100,000 adults in 2023, according to World Bank World Development Indicators data.
When did bank branch density in Mongolia peak?
The highest value in the available series was 71.9 per 100,000 adults in 2014; the latest (2023) value is 59.8 per 100,000 adults.
How recent is the bank branch density data for Mongolia?
The most recent observation is from 2023. World Bank World Development Indicators data is reported with a lag, so 2023 is the latest available year for Mongolia.
Where does the bank branch density data for Mongolia come from?
The data comes from the World Bank World Development Indicators (indicator FB.CBK.BRCH.P5). The latest observation for Mongolia is from 2023; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FB.CBK.BRCH.P5, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .