Canada vs Mongolia: Palma ratio

Canada
1.19
in 2022
Mongolia
1.19
in 2022
Canada rank
85th
Mongolia rank
86th

Palma ratio over time

  • Canada
  • Mongolia
00.511.5197119962022

How they compare

Canada currently reports 1.19 against 1.19 in Mongolia, a difference of 0.

The two have swapped places 7 times across 11 shared years of data; in 1995 it was Mongolia ahead.

Canada ranks 85th and Mongolia ranks 86th of 120 countries.

Across the 4 decades both report, Canada averaged higher in 2 and Mongolia in 2.

Head to head by decade

Decade Canada Mongolia Difference Ahead
1990s 1.23 1.19 0.0343 Canada
2000s 1.32 1.37 0.0463 Mongolia
2010s 1.28 1.29 0.0107 Mongolia
2020s 1.19 1.19 0.0003 Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher palma ratio, Canada or Mongolia?
Canada, at 1.19 against 1.19 in Mongolia as of 2022.
What is the difference in palma ratio between Canada and Mongolia?
0, with Canada ahead.
How many years of comparable data are there for Canada and Mongolia?
11 years are reported by both, from 1995 to 2022.
How do Canada and Mongolia rank globally for palma ratio?
Canada ranks 85th and Mongolia ranks 86th of 120 countries.
Where does this data come from?
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as Palma ratio. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Mongolia: Palma ratio. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/compare/palma-ratio-wb/canada/mongolia/

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About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.