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

Mongolia: Gini inequality index reduction (%) - All Private Transfers was 5.1% in 2020. ◆ Volatile

Latest (2020)
5.1%
Change on year
up 253.2%
World rank
10th
of 34 countries
All-time high
5.1%
in 2020
All-time low
1.1%
in 2012
Years of data
9
2007–2020

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

123452007201320202007: 1.62009: 2.62010: 22011: 1.32012: 1.12014: 1.22016: 1.22018: 1.42020: 5.1

Source: ASPIRE.

Analysis

Mongolia recorded 5.1% for gini inequality index reduction (%) - all private transfers in 2020. That is the highest value across all 9 years on record.

Compared with earlier readings it is up 253.2% on the previous year and up 159.7% over ten years.

Over the whole period, gini inequality index reduction (%) - all private transfers in Mongolia peaked at 5.1% in 2020 and was at its lowest, 1.1%, in 2012.

That places Mongolia 10th out of 34 countries with data for 2020, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.1% 1.6% 2.6% 2
2010s 1.4% 1.1% 2.0% 6
2020s 5.1% 5.1% 5.1% 1

Countries ranked near Mongolia

  1. 7 Georgia 9.2% compare
  2. 8 Kyrgyzstan 5.8% compare
  3. 9 Honduras 5.2% compare
  4. 11 Belarus 5.1% compare
  5. 12 Ecuador 4.4% compare
  6. 13 Sri Lanka 4.2% 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 in Mongolia?
Gini inequality index reduction (%) - all private transfers in Mongolia was 5.1% in 2020, according to ASPIRE.
What is the highest gini inequality index reduction (%) - all private transfers recorded in Mongolia?
The highest recorded value was 5.1% in 2020.
What is the lowest gini inequality index reduction (%) - all private transfers recorded in Mongolia?
The lowest recorded value was 1.1% in 2012.
How does Mongolia rank for gini inequality index reduction (%) - all private transfers?
Mongolia ranks 10th out of 34 countries with data for 2020.
Is gini inequality index reduction (%) - all private transfers rising or falling in Mongolia?
Over the last ten years it is up 159.7%. 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. Statizoid updates them automatically from the source API.

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About this data

Indicator
Gini inequality index reduction (%) - All Private Transfers
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 346 data points, 2002–2023
Last refreshed

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