Benefit-cost ratio - Contributory Pensions -1st quintile (poorest) -r in Mongolia

Mongolia: Benefit-cost ratio - Contributory Pensions -1st quintile (poorest) -r was 0.3599 in 2020. ▲ Rising

Latest (2020)
0.3599
Change on year
up 12.6%
World rank
9th
of 29 countries
All-time high
0.3599
in 2020
All-time low
0.2557
in 2011
Years of data
9
2007–2020

Benefit-cost ratio - Contributory Pensions -1st quintile (poorest) -r in Mongolia, 2007–2020

00.10.20.30.42007201320202007: 0.292009: 0.3252010: 0.2742011: 0.2562012: 0.2962014: 0.3092016: 0.3192018: 0.322020: 0.36

Source: ASPIRE.

Analysis

The most recent figure for benefit-cost ratio - contributory pensions -1st quintile (poorest) -r in Mongolia is 0.3599, measured in 2020. That is the highest value across all 9 years on record.

The figure is up 12.6% on the previous year and up 31.5% over ten years.

Over the whole period, benefit-cost ratio - contributory pensions -1st quintile (poorest) -r in Mongolia peaked at 0.3599 in 2020 and was at its lowest, 0.2557, in 2011.

That places Mongolia 9th out of 29 countries with data for 2020, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.3077 0.2904 0.325 2
2010s 0.2956 0.2557 0.3196 6
2020s 0.3599 0.3599 0.3599 1

Countries ranked near Mongolia

  1. 6 Kyrgyzstan 0.3742 compare
  2. 7 Romania 0.3738 compare
  3. 8 Kazakhstan 0.3689 compare
  4. 10 Armenia 0.3262 compare
  5. 11 Uruguay 0.2893 compare
  6. 12 Chile 0.259 compare

See the full ranking of 30 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is benefit-cost ratio - contributory pensions -1st quintile (poorest) -r in Mongolia?
Benefit-cost ratio - contributory pensions -1st quintile (poorest) -r in Mongolia was 0.3599 in 2020, according to ASPIRE.
What is the highest benefit-cost ratio - contributory pensions -1st quintile (poorest) -r recorded in Mongolia?
The highest recorded value was 0.3599 in 2020.
What is the lowest benefit-cost ratio - contributory pensions -1st quintile (poorest) -r recorded in Mongolia?
The lowest recorded value was 0.2557 in 2011.
How does Mongolia rank for benefit-cost ratio - contributory pensions -1st quintile (poorest) -r?
Mongolia ranks 9th out of 29 countries with data for 2020.
Is benefit-cost ratio - contributory pensions -1st quintile (poorest) -r rising or falling in Mongolia?
Over the last ten years it is up 31.5%. 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 Benefit-cost ratio - Contributory Pensions -1st quintile (poorest) -rural. Statizoid updates them automatically from the source API.

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About this data

Indicator
Benefit-cost ratio - Contributory Pensions -1st quintile (poorest) -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
30 places, 287 data points, 2002–2023
Last refreshed

Poverty gap reduction obtained for each $1 spent in Contributory Pensions programs (%)