Benefit-cost ratio - Contributory Pensions -1st quintile in Mongolia

Mongolia: Benefit-cost ratio - Contributory Pensions -1st quintile was 0.3218 poorest in 2020. ▲ Rising

Latest (2020)
0.3218 poorest
Change on year
up 10.9%
World rank
10th
of 32 countries
All-time high
0.3218 poorest
in 2020
All-time low
0.2663 poorest
in 2011
Years of data
9
2007–2020

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

00.10.20.32007201320202007: 0.269 poorest2009: 0.301 poorest2010: 0.273 poorest2011: 0.266 poorest2012: 0.28 poorest2014: 0.303 poorest2016: 0.317 poorest2018: 0.29 poorest2020: 0.322 poorest

Source: ASPIRE. Measured in poorest.

Analysis

Mongolia recorded 0.3218 poorest for benefit-cost ratio - contributory pensions -1st quintile in 2020. That is the highest value across all 9 years on record.

That represents a change of up 10.9% on the previous year and up 18.0% over ten years.

Over the whole period, benefit-cost ratio - contributory pensions -1st quintile in Mongolia peaked at 0.3218 poorest in 2020 and was at its lowest, 0.2663 poorest, in 2011.

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 0.2851 poorest 0.2687 poorest 0.3014 poorest 2
2010s 0.288 poorest 0.2663 poorest 0.3168 poorest 6
2020s 0.3218 poorest 0.3218 poorest 0.3218 poorest 1

Countries ranked near Mongolia

  1. 7 Kyrgyzstan 0.3645 poorest compare
  2. 8 Armenia 0.3494 poorest compare
  3. 9 Kazakhstan 0.3333 poorest compare
  4. 11 Chile 0.2052 poorest compare
  5. 12 Turkey 0.196 poorest compare
  6. 13 Thailand 0.171 poorest 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 in Mongolia?
Benefit-cost ratio - contributory pensions -1st quintile in Mongolia was 0.3218 poorest in 2020, according to ASPIRE.
What is the highest benefit-cost ratio - contributory pensions -1st quintile recorded in Mongolia?
The highest recorded value was 0.3218 poorest in 2020.
What is the lowest benefit-cost ratio - contributory pensions -1st quintile recorded in Mongolia?
The lowest recorded value was 0.2663 poorest in 2011.
How does Mongolia rank for benefit-cost ratio - contributory pensions -1st quintile?
Mongolia ranks 10th out of 32 countries with data for 2020.
Is benefit-cost ratio - contributory pensions -1st quintile rising or falling in Mongolia?
Over the last ten years it is up 18.0%. 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). Statizoid updates them automatically from the source API.

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About this data

Indicator
Benefit-cost ratio - Contributory Pensions -1st quintile (poorest)
Unit
poorest
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 (%)