Bank Deposits Statistics in Mongolia (2026)
In 2024, outstanding bank deposits in Mongolia stood at 49.6% of GDP, according to IMF Financial Access Survey data. Down from 49.8% of GDP in 2023 to 49.6% of GDP in 2024 (−0.2 percentage points). Mongolia ranks #22 of 25 economies in East Asia & Pacific on this measure, and #94 of 172 globally.
Key Statistics
- Latest value (2024)
- 49.6% of GDP (2024)
- Bank Deposits in Mongolia as of 2024, the most recent observation in IMF Financial Access Survey data.
- Change since 2023
- −0.2 pp (2024)
- Down from 49.8% of GDP in 2023 to 49.6% of GDP in 2024 (−0.2 percentage points).
- Earliest value in this dataset (2004)
- 29.6% of GDP (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 29.6% of GDP in 2004 to 49.6% of GDP in 2024.
- Peak value (2020)
- 60% of GDP (2020)
- Highest value in the available series; the 2024 value is 49.6% of GDP.
- Rank in East Asia & Pacific
- #22 of 25 (2024)
- Mongolia ranks 22 of 25 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #94 of 172 (2024)
- Mongolia ranks 94 of 172 countries with data globally.
- East Asia & Pacific average
- 117.2% of GDP (2024)
- Mongolia (49.6% of GDP) is below the average of 117.2% of GDP across the 25 countries in East Asia & Pacific with data.
- 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, 2004–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 49.6% | −0.2 pp |
| 2023 | 49.8% | −1.8 pp |
| 2022 | 51.6% | −7.4 pp |
| 2021 | 59.1% | −0.9 pp |
| 2020 | 60% | +9.9 pp |
| 2019 | 50.1% | −4.1 pp |
| 2018 | 54.1% | +5.5 pp |
| 2017 | 48.6% | +15.0 pp |
| 2016 | 33.6% | +5.9 pp |
| 2015 | 27.7% | +1.5 pp |
| 2014 | 26.1% | −0.4 pp |
| 2013 | 26.6% | +0.3 pp |
| 2012 | 26.3% | −2.3 pp |
| 2011 | 28.5% | +1.0 pp |
| 2010 | 27.5% | +0.3 pp |
| 2009 | 27.2% | +7.7 pp |
| 2008 | 19.5% | −22.5 pp |
| 2007 | 42.1% | +9.3 pp |
| 2006 | 32.8% | −0.3 pp |
| 2005 | 33% | +3.5 pp |
| 2004 | 29.6% | — |
Frequently asked questions
What is the latest figure for outstanding bank deposits in Mongolia?
Outstanding bank deposits in Mongolia stood at 49.6% of GDP in 2024, according to IMF Financial Access Survey data.
Where does the bank deposits data for Mongolia come from?
The data comes from the IMF Financial Access Survey (indicator OUTD_COMBANK.POGDP). The latest observation for Mongolia is from 2024; the snapshot was retrieved on 2026-06-10.
How has bank deposits in Mongolia changed over time?
IMF Financial Access Survey data show a rise from 29.6% of GDP in 2004 to 49.6% of GDP in 2024.
Source & methodology
Source: IMF Financial Access Survey, indicator
OUTD_COMBANK.POGDP, 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 .