Formal & Mobile Money Savings Statistics in Mongolia (2026)
In 2024, 36.3% of adults in Mongolia saved at a formal financial institution or using a mobile money account, according to World Bank Global Findex data. Up from 29.2% in 2021 to 36.3% in 2024 (+7.1 percentage points). Mongolia ranks #11 of 16 economies in East Asia & Pacific on this measure, and #52 of 142 globally.
Key Statistics
- Latest value (2024)
- 36.3% (2024)
- Formal & Mobile Money Savings in Mongolia as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- +7.1 pp (2024)
- Up from 29.2% in 2021 to 36.3% in 2024 (+7.1 percentage points).
- Earliest value in this dataset (2011)
- 23.2% (2011)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 23.2% in 2011 to 36.3% in 2024.
- Record high (2024)
- 36.3% (2024)
- The 2024 value is the highest in the available World Bank Global Findex series for Mongolia.
- Rank in East Asia & Pacific
- #11 of 16 (2024)
- Mongolia ranks 11 of 16 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #52 of 142 (2024)
- Mongolia ranks 52 of 142 countries with data globally.
- East Asia & Pacific average
- 45.4% (2024)
- Mongolia (36.3%) is below the average of 45.4% across the 16 countries in East Asia & Pacific with data.
- Saved at a bank or similar financial institution (% age 15+) (2024)
- 33.2% (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, 2011–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 36.3% | +7.1 pp |
| 2021 | 29.2% | +9.8 pp |
| 2017 | 19.3% | −13.9 pp |
| 2014 | 33.2% | +10.0 pp |
| 2011 | 23.2% | — |
Frequently asked questions
What share of adults in Mongolia saved at a formal financial institution or using a mobile money account?
36.3% of adults in Mongolia saved at a formal financial institution or using a mobile money account in 2024, according to World Bank Global Findex data.
How has formal & mobile money savings in Mongolia changed over time?
World Bank Global Findex data show a rise from 23.2% in 2011 to 36.3% in 2024.
How does Mongolia compare with other countries in East Asia & Pacific?
Mongolia ranks 11 of 16 countries in East Asia & Pacific with data, with 36.3% versus a regional average of 45.4% (latest values per country).
Where does Mongolia rank globally on formal & mobile money savings?
Mongolia ranks 52 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
fin17a.17a1.d, 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 .