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

Mongolia: Adequacy of benefits (%) - Contributory Pensions -urban was 47.8% in 2020. ▲ Rising

Latest (2020)
47.8%
Change on year
up 10.8%
World rank
12th
of 32 countries
All-time high
47.8%
in 2020
All-time low
26.1%
in 2010
Years of data
9
2007–2020

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

010203040502007201320202007: 29.22009: 31.32010: 26.12011: 28.22012: 27.42014: 35.22016: 46.92018: 43.22020: 47.8

Source: ASPIRE.

Analysis

Mongolia recorded 47.8% for adequacy of benefits (%) - contributory pensions -urban in 2020. That is the highest value across all 9 years on record.

The figure is up 10.8% on the previous year and up 83.2% over ten years.

Over the whole period, adequacy of benefits (%) - contributory pensions -urban in Mongolia peaked at 47.8% in 2020 and was at its lowest, 26.1%, in 2010.

That places Mongolia 12th out of 32 countries with data for 2020, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 30.3% 29.2% 31.3% 2
2010s 34.5% 26.1% 46.9% 6
2020s 47.8% 47.8% 47.8% 1

Countries ranked near Mongolia

  1. 9 Ukraine 50.9% compare
  2. 11 Turkey 49.6% compare
  3. 13 Kyrgyzstan 47.4% compare
  4. 14 Brazil 41.8% compare
  5. 15 Costa Rica 40.3% compare

See the full ranking of 33 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is adequacy of benefits (%) - contributory pensions -urban in Mongolia?
Adequacy of benefits (%) - contributory pensions -urban in Mongolia was 47.8% in 2020, according to ASPIRE.
What is the highest adequacy of benefits (%) - contributory pensions -urban recorded in Mongolia?
The highest recorded value was 47.8% in 2020.
What is the lowest adequacy of benefits (%) - contributory pensions -urban recorded in Mongolia?
The lowest recorded value was 26.1% in 2010.
How does Mongolia rank for adequacy of benefits (%) - contributory pensions -urban?
Mongolia ranks 12th out of 32 countries with data for 2020.
Is adequacy of benefits (%) - contributory pensions -urban rising or falling in Mongolia?
Over the last ten years it is up 83.2%. 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 -urban. Statizoid updates them automatically from the source API.

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About this data

Indicator
Adequacy of benefits (%) - Contributory Pensions -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 342 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