Benefits incidence in 3rd quintile (%) - Contributory Pensions in Mongolia

Mongolia: Benefits incidence in 3rd quintile (%) - Contributory Pensions was 17.2% in 2020. ▼ Falling

Latest (2020)
17.2%
Change on year
down 11.1%
World rank
11th
of 32 countries
All-time high
21.0%
in 2014
All-time low
17.2%
in 2020
Years of data
9
2007–2020

Benefits incidence in 3rd quintile (%) - Contributory Pensions in Mongolia, 2007–2020

051015202007201320202007: 20.82009: 19.42010: 20.42011: 20.72012: 20.22014: 212016: 18.42018: 19.42020: 17.2

Source: ASPIRE.

Analysis

In 2020, benefits incidence in 3rd quintile (%) - contributory pensions in Mongolia stood at 17.2%. That is the lowest value across all 9 years on record.

That represents a change of down 11.1% on the previous year and down 15.5% over ten years.

Over the whole period, benefits incidence in 3rd quintile (%) - contributory pensions in Mongolia peaked at 21.0% in 2014 and was at its lowest, 17.2%, in 2020.

That places Mongolia 11th out of 32 countries with data for 2020, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 20.1% 19.4% 20.8% 2
2010s 20.0% 18.4% 21.0% 6
2020s 17.2% 17.2% 17.2% 1

Countries ranked near Mongolia

  1. 8 Armenia 19.3% compare
  2. 9 Turkey 17.9% compare
  3. 10 Kyrgyzstan 17.7% compare
  4. 12 Uruguay 14.9% compare
  5. 13 Argentina 14.7% compare
  6. 14 Kazakhstan 14.3% 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 3rd quintile (%) - contributory pensions in Mongolia?
Benefits incidence in 3rd quintile (%) - contributory pensions in Mongolia was 17.2% in 2020, according to ASPIRE.
What is the highest benefits incidence in 3rd quintile (%) - contributory pensions recorded in Mongolia?
The highest recorded value was 21.0% in 2014.
What is the lowest benefits incidence in 3rd quintile (%) - contributory pensions recorded in Mongolia?
The lowest recorded value was 17.2% in 2020.
How does Mongolia rank for benefits incidence in 3rd quintile (%) - contributory pensions?
Mongolia ranks 11th out of 32 countries with data for 2020.
Is benefits incidence in 3rd quintile (%) - contributory pensions rising or falling in Mongolia?
Over the last ten years it is down 15.5%. 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 3rd 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 3rd 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 third quintile relative to the total benefits going to the population