Adequacy of benefits (%) - Contributory Pensions in Mongolia

Mongolia: Adequacy of benefits (%) - Contributory Pensions was 49.0% in 2020. ▲ Rising

Latest (2020)
49.0%
Change on year
up 11.2%
World rank
11th
of 32 countries
All-time high
49.0%
in 2020
All-time low
26.6%
in 2010
Years of data
9
2007–2020

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

010203040502007201320202007: 29.92009: 33.92010: 26.62011: 28.62012: 28.22014: 35.82016: 47.82018: 442020: 49

Source: ASPIRE.

Analysis

The most recent figure for adequacy of benefits (%) - contributory pensions in Mongolia is 49.0%, measured in 2020. That is the highest value across all 9 years on record.

The figure is up 11.2% on the previous year and up 84.1% over ten years.

Over the whole period, adequacy of benefits (%) - contributory pensions in Mongolia peaked at 49.0% in 2020 and was at its lowest, 26.6%, in 2010.

Mongolia ranks 11th of 32 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 31.9% 29.9% 33.9% 2
2010s 35.2% 26.6% 47.8% 6
2020s 49.0% 49.0% 49.0% 1

Countries ranked near Mongolia

  1. 8 Uruguay 52.4% compare
  2. 9 South Africa 50.3% compare
  3. 10 Turkey 49.6% compare
  4. 12 Ukraine 48.3% compare
  5. 13 Kyrgyzstan 43.0% compare
  6. 14 Brazil 42.6% 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 in Mongolia?
Adequacy of benefits (%) - contributory pensions in Mongolia was 49.0% in 2020, according to ASPIRE.
What is the highest adequacy of benefits (%) - contributory pensions recorded in Mongolia?
The highest recorded value was 49.0% in 2020.
What is the lowest adequacy of benefits (%) - contributory pensions recorded in Mongolia?
The lowest recorded value was 26.6% in 2010.
How does Mongolia rank for adequacy of benefits (%) - contributory pensions?
Mongolia ranks 11th out of 32 countries with data for 2020.
Is adequacy of benefits (%) - contributory pensions rising or falling in Mongolia?
Over the last ten years it is up 84.1%. 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. 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
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