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Benefit-cost ratio - Contributory Pensions -extreme poor in Mongolia

Mongolia: Benefit-cost ratio - Contributory Pensions -extreme poor was 0.0529 <$2.15 a day in 2020. ▼ Falling

Latest (2020)
0.0529 <$2.15 a day
Change on year
down 29.0%
World rank
10th
of 32 countries
All-time high
0.1315 <$2.15 a day
in 2009
All-time low
0.0491 <$2.15 a day
in 2012
Years of data
9
2007–2020

Benefit-cost ratio - Contributory Pensions -extreme poor in Mongolia, 2007–2020

00.050.10.152007201320202007: 0.074 <$2.15 a day2009: 0.132 <$2.15 a day2010: 0.071 <$2.15 a day2011: 0.059 <$2.15 a day2012: 0.049 <$2.15 a day2014: 0.056 <$2.15 a day2016: 0.094 <$2.15 a day2018: 0.074 <$2.15 a day2020: 0.053 <$2.15 a day

Source: ASPIRE. Measured in <$2.15 a day.

Analysis

Mongolia recorded 0.0529 <$2.15 a day for benefit-cost ratio - contributory pensions -extreme poor in 2020.

Compared with earlier readings it is down 29.0% on the previous year and down 25.6% over ten years.

Over the whole period, benefit-cost ratio - contributory pensions -extreme poor in Mongolia peaked at 0.1315 <$2.15 a day in 2009 and was at its lowest, 0.0491 <$2.15 a day, in 2012.

Mongolia ranks 10th of 32 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1028 <$2.15 a day 0.0741 <$2.15 a day 0.1315 <$2.15 a day 2
2010s 0.0673 <$2.15 a day 0.0491 <$2.15 a day 0.0942 <$2.15 a day 6
2020s 0.0529 <$2.15 a day 0.0529 <$2.15 a day 0.0529 <$2.15 a day 1

Countries ranked near Mongolia

  1. 7 Cote d'Ivoire 0.0572 <$2.15 a day compare
  2. 8 Ukraine 0.0559 <$2.15 a day compare
  3. 9 Poland 0.053 <$2.15 a day compare
  4. 11 Belarus 0.0522 <$2.15 a day compare
  5. 12 Sri Lanka 0.0462 <$2.15 a day compare
  6. 13 South Africa 0.0419 <$2.15 a day 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 -extreme poor in Mongolia?
Benefit-cost ratio - contributory pensions -extreme poor in Mongolia was 0.0529 <$2.15 a day in 2020, according to ASPIRE.
What is the highest benefit-cost ratio - contributory pensions -extreme poor recorded in Mongolia?
The highest recorded value was 0.1315 <$2.15 a day in 2009.
What is the lowest benefit-cost ratio - contributory pensions -extreme poor recorded in Mongolia?
The lowest recorded value was 0.0491 <$2.15 a day in 2012.
How does Mongolia rank for benefit-cost ratio - contributory pensions -extreme poor?
Mongolia ranks 10th out of 32 countries with data for 2020.
Is benefit-cost ratio - contributory pensions -extreme poor rising or falling in Mongolia?
Over the last ten years it is down 25.6%. The long-run trend across the full record is falling.
Where does this Mongolia data come from?
The figures come from ASPIRE, published as part of Benefit-cost ratio - Contributory Pensions -extreme poor (<$2.15 a day). Statizoid updates them automatically from the source API.

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About this data

Indicator
Benefit-cost ratio - Contributory Pensions -extreme poor (<$2.15 a day)
Unit
<$2.15 a day
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 (%)