Gini inequality index reduction (%) - All Private Transfers -urban in Mongolia

Mongolia: Gini inequality index reduction (%) - All Private Transfers -urban was 6.7% in 2020. ◆ Volatile

Latest (2020)
6.7%
Change on year
up 274.7%
World rank
8th
of 34 countries
All-time high
6.7%
in 2020
All-time low
1.4%
in 2012
Years of data
9
2007–2020

Gini inequality index reduction (%) - All Private Transfers -urban in Mongolia, 2007–2020

2462007201320202007: 32009: 1.42010: 2.82011: 22012: 1.42014: 1.72016: 1.42018: 1.82020: 6.7

Source: ASPIRE.

Analysis

In 2020, gini inequality index reduction (%) - all private transfers -urban in Mongolia stood at 6.7%. That is the highest value across all 9 years on record.

Compared with earlier readings it is up 274.7% on the previous year and up 140.6% over ten years.

Over the whole period, gini inequality index reduction (%) - all private transfers -urban in Mongolia peaked at 6.7% in 2020 and was at its lowest, 1.4%, in 2012.

Mongolia ranks 8th of 34 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.2% 1.4% 3.0% 2
2010s 1.8% 1.4% 2.8% 6
2020s 6.7% 6.7% 6.7% 1

Countries ranked near Mongolia

  1. 5 Dominican Republic 10.4% compare
  2. 6 Thailand 10.1% compare
  3. 7 Kyrgyzstan 6.9% compare
  4. 9 Belarus 6.1% compare
  5. 10 Honduras 5.8% compare
  6. 11 Ecuador 4.9% compare

See the full ranking of 35 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gini inequality index reduction (%) - all private transfers -urban in Mongolia?
Gini inequality index reduction (%) - all private transfers -urban in Mongolia was 6.7% in 2020, according to ASPIRE.
What is the highest gini inequality index reduction (%) - all private transfers -urban recorded in Mongolia?
The highest recorded value was 6.7% in 2020.
What is the lowest gini inequality index reduction (%) - all private transfers -urban recorded in Mongolia?
The lowest recorded value was 1.4% in 2012.
How does Mongolia rank for gini inequality index reduction (%) - all private transfers -urban?
Mongolia ranks 8th out of 34 countries with data for 2020.
Is gini inequality index reduction (%) - all private transfers -urban rising or falling in Mongolia?
Over the last ten years it is up 140.6%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from ASPIRE, published as part of Gini inequality index reduction (%) - All Private Transfers -urban. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Gini inequality index reduction (%) - All Private Transfers -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 345 data points, 2002–2023
Last refreshed

Gini inequality index reduction due to Private Transfers programs as % of pre-transfer Gini index