Benefits incidence in 2nd quintile (%) - Contributory Pensions in Mongolia

Mongolia: Benefits incidence in 2nd quintile (%) - Contributory Pensions was 11.2% in 2020. ▼ Falling

Latest (2020)
11.2%
Change on year
down 21.5%
World rank
10th
of 32 countries
All-time high
16.5%
in 2010
All-time low
11.2%
in 2020
Years of data
9
2007–2020

Benefits incidence in 2nd quintile (%) - Contributory Pensions in Mongolia, 2007–2020

0510152007201320202007: 14.92009: 15.52010: 16.52011: 15.42012: 16.42014: 15.62016: 152018: 14.32020: 11.2

Source: ASPIRE.

Analysis

In 2020, benefits incidence in 2nd quintile (%) - contributory pensions in Mongolia stood at 11.2%. That is the lowest value across all 9 years on record.

That represents a change of down 21.5% on the previous year and down 32.1% over ten years.

Over the whole period, benefits incidence in 2nd quintile (%) - contributory pensions in Mongolia peaked at 16.5% in 2010 and was at its lowest, 11.2%, in 2020.

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 15.2% 14.9% 15.5% 2
2010s 15.5% 14.3% 16.5% 6
2020s 11.2% 11.2% 11.2% 1

Countries ranked near Mongolia

  1. 7 Kyrgyzstan 15.1% compare
  2. 8 Poland 14.3% compare
  3. 9 Chile 13.9% compare
  4. 11 Kazakhstan 10.9% compare
  5. 12 Turkey 10.4% compare
  6. 13 Vietnam 8.4% compare

See the full ranking of 33 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is benefits incidence in 2nd quintile (%) - contributory pensions in Mongolia?
Benefits incidence in 2nd quintile (%) - contributory pensions in Mongolia was 11.2% in 2020, according to ASPIRE.
What is the highest benefits incidence in 2nd quintile (%) - contributory pensions recorded in Mongolia?
The highest recorded value was 16.5% in 2010.
What is the lowest benefits incidence in 2nd quintile (%) - contributory pensions recorded in Mongolia?
The lowest recorded value was 11.2% in 2020.
How does Mongolia rank for benefits incidence in 2nd quintile (%) - contributory pensions?
Mongolia ranks 10th out of 32 countries with data for 2020.
Is benefits incidence in 2nd quintile (%) - contributory pensions rising or falling in Mongolia?
Over the last ten years it is down 32.1%. 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 Benefits incidence in 2nd quintile (%) - 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
Benefits incidence in 2nd quintile (%) - Contributory Pensions
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 342 data points, 2002–2023
Last refreshed

Percentage of benefits going to the second quintile relative to the total benefits going to the population