Credit Card Usage Statistics in Mongolia (2026)
3.4% of adults in Mongolia used a credit card in 2024, World Bank Global Findex data show. Down from 6% in 2021 to 3.4% in 2024 (−2.5 percentage points). Mongolia ranks #10 of 16 economies in East Asia & Pacific on this measure, and #94 of 142 globally.
Key Statistics
- Latest value (2024)
- 3.4% (2024)
- Credit Card Usage in Mongolia as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- −2.5 pp (2024)
- Down from 6% in 2021 to 3.4% in 2024 (−2.5 percentage points).
- Earliest value in this dataset (2014)
- 0.8% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 0.8% in 2014 to 3.4% in 2024.
- Peak value (2021)
- 6% (2021)
- Highest value in the available series; the 2024 value is 3.4%.
- Rank in East Asia & Pacific
- #10 of 16 (2024)
- Mongolia ranks 10 of 16 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #94 of 142 (2024)
- Mongolia ranks 94 of 142 countries with data globally.
- East Asia & Pacific average
- 24.6% (2024)
- Mongolia (3.4%) is below the average of 24.6% across the 16 countries in East Asia & Pacific with data.
- Owns a credit card (% age 15+) (2024)
- 5.5% (2024)
- Related indicator from World Bank Global Findex.
- 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, 2014–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 3.4% | −2.5 pp |
| 2021 | 6% | +2.8 pp |
| 2017 | 3.1% | +2.3 pp |
| 2014 | 0.8% | — |
Frequently asked questions
What share of adults in Mongolia used a credit card?
3.4% of adults in Mongolia used a credit card in 2024, according to World Bank Global Findex data.
How has credit card usage in Mongolia changed over time?
World Bank Global Findex data show a rise from 0.8% in 2014 to 3.4% in 2024.
How does Mongolia compare with other countries in East Asia & Pacific?
Mongolia ranks 10 of 16 countries in East Asia & Pacific with data, with 3.4% versus a regional average of 24.6% (latest values per country).
Where does Mongolia rank globally on credit card usage?
Mongolia ranks 94 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
Source & methodology
Source: World Bank Global Findex, indicator
fin22g, 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 .