Gini inequality index reduction (%) - Contributory Pensions -rural in Mongolia

Mongolia: Gini inequality index reduction (%) - Contributory Pensions -rural was 22.0% in 2020. ▲ Rising

Latest (2020)
22.0%
Change on year
up 33.2%
World rank
9th
of 29 countries
All-time high
22.0%
in 2020
All-time low
8.2%
in 2011
Years of data
9
2007–2020

Gini inequality index reduction (%) - Contributory Pensions -rural in Mongolia, 2007–2020

051015202007201320202007: 102009: 14.92010: 92011: 8.22012: 10.12014: 13.62016: 18.62018: 16.52020: 22

Source: ASPIRE.

Analysis

The most recent figure for gini inequality index reduction (%) - contributory pensions -rural in Mongolia is 22.0%, measured in 2020. That is the highest value across all 9 years on record.

Compared with earlier readings it is up 33.2% on the previous year and up 145.0% over ten years.

Over the whole period, gini inequality index reduction (%) - contributory pensions -rural in Mongolia peaked at 22.0% in 2020 and was at its lowest, 8.2%, in 2011.

Mongolia ranks 9th of 29 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 12.5% 10.0% 14.9% 2
2010s 12.7% 8.2% 18.6% 6
2020s 22.0% 22.0% 22.0% 1

Countries ranked near Mongolia

  1. 6 Serbia 32.8% compare
  2. 7 Kyrgyzstan 25.3% compare
  3. 8 Armenia 22.1% compare
  4. 10 Kazakhstan 21.9% compare
  5. 11 Uruguay 18.6% compare
  6. 12 Turkey 12.3% compare

See the full ranking of 30 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gini inequality index reduction (%) - contributory pensions -rural in Mongolia?
Gini inequality index reduction (%) - contributory pensions -rural in Mongolia was 22.0% in 2020, according to ASPIRE.
What is the highest gini inequality index reduction (%) - contributory pensions -rural recorded in Mongolia?
The highest recorded value was 22.0% in 2020.
What is the lowest gini inequality index reduction (%) - contributory pensions -rural recorded in Mongolia?
The lowest recorded value was 8.2% in 2011.
How does Mongolia rank for gini inequality index reduction (%) - contributory pensions -rural?
Mongolia ranks 9th out of 29 countries with data for 2020.
Is gini inequality index reduction (%) - contributory pensions -rural rising or falling in Mongolia?
Over the last ten years it is up 145.0%. 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 Gini inequality index reduction (%) - Contributory Pensions -rural. Statizoid updates them automatically from the source API.

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CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gini inequality index reduction (%) - Contributory Pensions -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
30 places, 287 data points, 2002–2023
Last refreshed

Gini inequality index reduction due to Contributory Pensions programs as % of pre-transfer Gini index