Owns a credit card in Mongolia

Mongolia: Owns a credit card was 5.5% in 2024. ◆ Volatile

Latest (2024)
5.5%
Change on year
down 20.5%
World rank
48th
of 115 countries
All-time high
7.0%
in 2021
All-time low
1.1%
in 2014
Years of data
5
2011–2024

Owns a credit card in Mongolia, 2011–2024

2462011201720242011: 1.9 % age 15+2014: 1.1 % age 15+2017: 3.2 % age 15+2021: 7 % age 15+2024: 5.5 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

The most recent figure for owns a credit card in Mongolia is 5.5%, measured in 2024.

Compared with earlier readings it is down 20.5% on the previous year and up 396.3% over ten years.

Over the whole period, owns a credit card in Mongolia peaked at 7.0% in 2021 and was at its lowest, 1.1%, in 2014.

That places Mongolia 48th out of 115 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.1% 1.1% 3.2% 3
2020s 6.2% 5.5% 7.0% 2

Countries ranked near Mongolia

  1. 45 Egypt 6.0% compare
  2. 46 Indonesia 5.9% compare
  3. 47 Vietnam 5.8% compare
  4. 49 Algeria 5.2% compare
  5. 50 Togo 4.9% compare
  6. 51 India 4.6% compare

See the full ranking of 125 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is owns a credit card in Mongolia?
Owns a credit card in Mongolia was 5.5% in 2024, according to Global Findex Database.
What is the highest owns a credit card recorded in Mongolia?
The highest recorded value was 7.0% in 2021.
What is the lowest owns a credit card recorded in Mongolia?
The lowest recorded value was 1.1% in 2014.
How does Mongolia rank for owns a credit card?
Mongolia ranks 48th out of 115 countries with data for 2024.
Is owns a credit card rising or falling in Mongolia?
Over the last ten years it is up 396.3%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Global Findex Database, published as part of Owns a credit card (% age 15+). Statizoid updates them automatically from the source API.

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About this data

Indicator
Owns a credit card (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
125 places, 625 data points, 2011–2024
Last refreshed

The percentage of respondents who report having a credit card, (% age 15+)