Mongolia—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #40 of 141Updated June 2026
Latest Value
47.9%
2019
YoY Change
+114.0%
2013 → 2019
Global Rank
#40
of 141 countries
Maximum
47.9%
2019
Minimum
22.4%
2013
CAGR
+6.1%
3 years
Last
47.9%
Previous
22.4%
Highest
47.9%
Lowest
22.4%
Source
World Bank World Development Indicators
Mongolia's firms using banks to finance investment (%) was 47.9% in 2019, ranking #40 out of 141 countries. This represents a +114.0% change from 2013. Over the past 3 years, the highest recorded value was 47.9% (2019) and the lowest was 22.4% (2013). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2019 | 47.9% | +114.0% |
| 2013 | 22.4% | -15.5% |
| 2009 | 26.5% |
Top Countries — Firms Using Banks to Finance Investment (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Israel | 83.2% | 2024 |
| 2 | Kosovo | 65.0% | 2025 |
| 3 | Qatar | 64.4% | 2025 |
| 4 | Saudi Arabia | 57.1% | 2025 |
| 5 | Central African Republic | 56.5% | 2023 |
| 6 | India | 56.1% | 2022 |
| 7 | Peru | 54.0% | 2023 |
| 8 | Uganda | 52.2% | 2025 |
| 9 | France | 48.9% | 2021 |
| 10 | Italy | 48.8% | 2024 |
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.