Benefits incidence in 4th quintile (%) - Contributory Pensions in Mongolia

Mongolia: Benefits incidence in 4th quintile (%) - Contributory Pensions was 26.7% in 2020. ▲ Rising

Latest (2020)
26.7%
Change on year
up 9.6%
World rank
3rd
of 32 countries
All-time high
26.7%
in 2020
All-time low
23.0%
in 2010
Years of data
9
2007–2020

Benefits incidence in 4th quintile (%) - Contributory Pensions in Mongolia, 2007–2020

01020302007201320202007: 23.22009: 242010: 232011: 24.72012: 23.12014: 25.22016: 24.52018: 24.32020: 26.7

Source: ASPIRE.

Analysis

In 2020, benefits incidence in 4th quintile (%) - contributory pensions in Mongolia stood at 26.7%. That is the highest value across all 9 years on record.

The figure is up 9.6% on the previous year and up 15.7% over ten years.

Over the whole period, benefits incidence in 4th quintile (%) - contributory pensions in Mongolia peaked at 26.7% in 2020 and was at its lowest, 23.0%, in 2010.

That places Mongolia 3rd out of 32 countries with data for 2020, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 23.6% 23.2% 24.0% 2
2010s 24.1% 23.0% 25.2% 6
2020s 26.7% 26.7% 26.7% 1

Countries ranked near Mongolia

  1. 1 Turkey 27.6% compare
  2. 2 Chile 27.0% compare
  3. 4 Romania 26.6% compare
  4. 5 Argentina 25.4% compare
  5. 6 Poland 25.2% 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 4th quintile (%) - contributory pensions in Mongolia?
Benefits incidence in 4th quintile (%) - contributory pensions in Mongolia was 26.7% in 2020, according to ASPIRE.
What is the highest benefits incidence in 4th quintile (%) - contributory pensions recorded in Mongolia?
The highest recorded value was 26.7% in 2020.
What is the lowest benefits incidence in 4th quintile (%) - contributory pensions recorded in Mongolia?
The lowest recorded value was 23.0% in 2010.
How does Mongolia rank for benefits incidence in 4th quintile (%) - contributory pensions?
Mongolia ranks 3rd out of 32 countries with data for 2020.
Is benefits incidence in 4th quintile (%) - contributory pensions rising or falling in Mongolia?
Over the last ten years it is up 15.7%. 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 Benefits incidence in 4th quintile (%) - Contributory Pensions. Statizoid updates them automatically from the source API.

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About this data

Indicator
Benefits incidence in 4th 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 fourth quintile relative to the total benefits going to the population