Adequacy of benefits (%) - Contributory Pensions -rural in Mongolia

Mongolia: Adequacy of benefits (%) - Contributory Pensions -rural was 51.9% in 2020. ▲ Rising

Latest (2020)
51.9%
Change on year
up 12.3%
World rank
6th
of 29 countries
All-time high
51.9%
in 2020
All-time low
27.8%
in 2010
Years of data
9
2007–2020

Adequacy of benefits (%) - Contributory Pensions -rural in Mongolia, 2007–2020

02040602007201320202007: 31.42009: 35.42010: 27.82011: 29.82012: 30.32014: 37.42016: 50.22018: 46.22020: 51.9

Source: ASPIRE.

Analysis

In 2020, adequacy of benefits (%) - contributory pensions -rural in Mongolia stood at 51.9%. That is the highest value across all 9 years on record.

That represents a change of up 12.3% on the previous year and up 86.6% over ten years.

Over the whole period, adequacy of benefits (%) - contributory pensions -rural in Mongolia peaked at 51.9% in 2020 and was at its lowest, 27.8%, in 2010.

Mongolia ranks 6th of 29 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 33.4% 31.4% 35.4% 2
2010s 36.9% 27.8% 50.2% 6
2020s 51.9% 51.9% 51.9% 1

Countries ranked near Mongolia

  1. 3 Belarus 77.5% compare
  2. 4 Poland 71.8% compare
  3. 5 Uruguay 53.5% compare
  4. 8 Brazil 51.3% compare
  5. 9 Moldova 50.9% compare

See the full ranking of 30 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is adequacy of benefits (%) - contributory pensions -rural in Mongolia?
Adequacy of benefits (%) - contributory pensions -rural in Mongolia was 51.9% in 2020, according to ASPIRE.
What is the highest adequacy of benefits (%) - contributory pensions -rural recorded in Mongolia?
The highest recorded value was 51.9% in 2020.
What is the lowest adequacy of benefits (%) - contributory pensions -rural recorded in Mongolia?
The lowest recorded value was 27.8% in 2010.
How does Mongolia rank for adequacy of benefits (%) - contributory pensions -rural?
Mongolia ranks 6th out of 29 countries with data for 2020.
Is adequacy of benefits (%) - contributory pensions -rural rising or falling in Mongolia?
Over the last ten years it is up 86.6%. 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 (%) - Contributory Pensions -rural. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Adequacy of benefits (%) - Contributory Pensions -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
30 places, 287 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