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 0.0003.

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.

Individual pages

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.