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

Mongolia: Benefit-cost ratio - Contributory Pensions - 1st quintile (poorest) was 0.3137 in 2020. ▲ Rising

Latest (2020)
0.3137
Change on year
up 12.3%
World rank
10th
of 32 countries
All-time high
0.3209
in 2014
All-time low
0.2751
in 2007
Years of data
9
2007–2020

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

00.10.20.32007201320202007: 0.2752009: 0.2882010: 0.2862011: 0.2892012: 0.2862014: 0.3212016: 0.322018: 0.2792020: 0.314

Source: ASPIRE.

Analysis

Mongolia recorded 0.3137 for benefit-cost ratio - contributory pensions - 1st quintile (poorest) in 2020.

The figure is up 12.3% on the previous year and up 9.5% over ten years.

Over the whole period, benefit-cost ratio - contributory pensions - 1st quintile (poorest) in Mongolia peaked at 0.3209 in 2014 and was at its lowest, 0.2751, in 2007.

That places Mongolia 10th out of 32 countries with data for 2020, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.2816 0.2751 0.2881 2
2010s 0.297 0.2792 0.3209 6
2020s 0.3137 0.3137 0.3137 1

Countries ranked near Mongolia

  1. 7 Poland 0.3736 compare
  2. 8 Kyrgyzstan 0.3484 compare
  3. 9 Kazakhstan 0.3198 compare
  4. 11 Thailand 0.202 compare
  5. 12 Turkey 0.196 compare
  6. 13 Chile 0.1907 compare

See the full ranking of 33 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is benefit-cost ratio - contributory pensions - 1st quintile (poorest) in Mongolia?
Benefit-cost ratio - contributory pensions - 1st quintile (poorest) in Mongolia was 0.3137 in 2020, according to ASPIRE.
What is the highest benefit-cost ratio - contributory pensions - 1st quintile (poorest) recorded in Mongolia?
The highest recorded value was 0.3209 in 2014.
What is the lowest benefit-cost ratio - contributory pensions - 1st quintile (poorest) recorded in Mongolia?
The lowest recorded value was 0.2751 in 2007.
How does Mongolia rank for benefit-cost ratio - contributory pensions - 1st quintile (poorest)?
Mongolia ranks 10th out of 32 countries with data for 2020.
Is benefit-cost ratio - contributory pensions - 1st quintile (poorest) rising or falling in Mongolia?
Over the last ten years it is up 9.5%. 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) -urban. Statizoid updates them automatically from the source API.

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About this data

Indicator
Benefit-cost ratio - Contributory Pensions - 1st quintile (poorest) -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 342 data points, 2002–2023
Last refreshed

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