Adequacy of benefits in 2nd quintile (%) - Contributory Pensions in Mongolia

Mongolia: Adequacy of benefits in 2nd quintile (%) - Contributory Pensions was 44.5% in 2020. ▲ Rising

Latest (2020)
44.5%
Change on year
down 16.6%
World rank
18th
of 34 countries
All-time high
53.3%
in 2018
All-time low
32.4%
in 2010
Years of data
9
2007–2020

Adequacy of benefits in 2nd quintile (%) - Contributory Pensions in Mongolia, 2007–2020

02040602007201320202007: 37.62009: 46.52010: 32.42011: 33.22012: 33.32014: 41.82016: 532018: 53.32020: 44.5

Source: ASPIRE.

Analysis

In 2020, adequacy of benefits in 2nd quintile (%) - contributory pensions in Mongolia stood at 44.5%.

Compared with earlier readings it is down 16.6% on the previous year and up 37.3% over ten years.

Over the whole period, adequacy of benefits in 2nd quintile (%) - contributory pensions in Mongolia peaked at 53.3% in 2018 and was at its lowest, 32.4%, in 2010.

Mongolia ranks 18th of 34 countries on this measure, in the middle of the range.

Adequacy of benefits in 2nd quintile (%) - Contributory Pensions in Mongolia, year by year

Annual values for Adequacy of benefits in 2nd quintile (%) - Contributory Pensions -urban in Mongolia, 2007 to 2020.
Year Value Change
2007 37.6%
2009 46.5% +23.8%
2010 32.4% -30.3%
2011 33.2% +2.4%
2012 33.3% +0.4%
2014 41.8% +25.5%
2016 53.0% +26.7%
2018 53.3% +0.7%
2020 44.5% -16.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 42.0% 37.6% 46.5% 2
2010s 41.2% 32.4% 53.3% 6
2020s 44.5% 44.5% 44.5% 1

Countries ranked near Mongolia

  1. 15 Uruguay 48.3% compare
  2. 16 Armenia 47.3% compare
  3. 17 Honduras 47.0% compare
  4. 19 Vietnam 42.7% compare
  5. 20 Ecuador 40.6% compare
  6. 21 Kosovo 37.9% compare
  7. 21 Kosovo (UNSCR 1244) 37.9% compare

See the full ranking of 34 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is adequacy of benefits in 2nd quintile (%) - contributory pensions in Mongolia?
Adequacy of benefits in 2nd quintile (%) - contributory pensions in Mongolia was 44.5% in 2020, according to ASPIRE.
What is the highest adequacy of benefits in 2nd quintile (%) - contributory pensions recorded in Mongolia?
The highest recorded value was 53.3% in 2018.
What is the lowest adequacy of benefits in 2nd quintile (%) - contributory pensions recorded in Mongolia?
The lowest recorded value was 32.4% in 2010.
How does Mongolia rank for adequacy of benefits in 2nd quintile (%) - contributory pensions?
Mongolia ranks 18th out of 34 countries with data for 2020.
Is adequacy of benefits in 2nd quintile (%) - contributory pensions rising or falling in Mongolia?
Over the last ten years it is up 37.3%. The long-run trend across the full record is rising.
Where does this Mongolia data come from?
The figures come from ASPIRE, published as part of Adequacy of benefits in 2nd quintile (%) - Contributory Pensions -urban. Statizoid updates them automatically from the source API.

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Adequacy of benefits in 2nd quintile (%) - Contributory Pensions in Mongolia. Statizoid, drawing on ASPIRE. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-2nd-quintile-percent-contributory-pensions-urban/mongolia/

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About this data

Indicator
Adequacy of benefits in 2nd quintile (%) - Contributory Pensions -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 347 data points, 2002–2023
Last refreshed

Total transfer amount received by all beneficiaries in a population group as a share of the total welfare of beneficiaries in that group