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

Mongolia: Gini inequality index reduction (%) - Contributory Pensions was 19.2% in 2020. ▲ Rising

Latest (2020)
19.2%
Change on year
up 31.0%
World rank
10th
of 32 countries
All-time high
19.2%
in 2020
All-time low
9.2%
in 2011
Years of data
9
2007–2020

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

051015202007201320202007: 10.12009: 12.52010: 9.52011: 9.22012: 102014: 13.62016: 18.22018: 14.62020: 19.2

Source: ASPIRE.

Analysis

Mongolia recorded 19.2% for gini inequality index reduction (%) - contributory pensions in 2020. That is the highest value across all 9 years on record.

That represents a change of up 31.0% on the previous year and up 102.3% over ten years.

Over the whole period, gini inequality index reduction (%) - contributory pensions in Mongolia peaked at 19.2% in 2020 and was at its lowest, 9.2%, in 2011.

Mongolia ranks 10th of 32 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.3% 10.1% 12.5% 2
2010s 12.5% 9.2% 18.2% 6
2020s 19.2% 19.2% 19.2% 1

Countries ranked near Mongolia

  1. 7 Armenia 25.4% compare
  2. 8 Kyrgyzstan 24.0% compare
  3. 9 Kazakhstan 20.4% compare
  4. 11 Turkey 13.6% compare
  5. 12 Uruguay 9.7% compare
  6. 13 Chile 5.8% compare

See the full ranking of 33 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gini inequality index reduction (%) - contributory pensions in Mongolia?
Gini inequality index reduction (%) - contributory pensions in Mongolia was 19.2% in 2020, according to ASPIRE.
What is the highest gini inequality index reduction (%) - contributory pensions recorded in Mongolia?
The highest recorded value was 19.2% in 2020.
What is the lowest gini inequality index reduction (%) - contributory pensions recorded in Mongolia?
The lowest recorded value was 9.2% in 2011.
How does Mongolia rank for gini inequality index reduction (%) - contributory pensions?
Mongolia ranks 10th out of 32 countries with data for 2020.
Is gini inequality index reduction (%) - contributory pensions rising or falling in Mongolia?
Over the last ten years it is up 102.3%. 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. Statizoid updates them automatically from the source API.

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About this data

Indicator
Gini inequality index reduction (%) - Contributory Pensions
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 342 data points, 2002–2023
Last refreshed

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