Palma ratio in Mongolia

Mongolia: Palma ratio was 1.19 in 2022. ▬ Flat

Latest (2022)
1.19
World rank
86th
of 120 countries
All-time high
1.49
in 2007
All-time low
1.1
in 1998
Years of data
11
1995–2022

Palma ratio in Mongolia, 1995–2022

00.511.51995200820221995: 1.31998: 1.12002: 1.32007: 1.52010: 1.32011: 1.32012: 1.32014: 1.22016: 1.32018: 1.32022: 1.2

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

The most recent figure for palma ratio in Mongolia is 1.19, measured in 2022.

The figure is down 11.2% over ten years.

Over the whole period, palma ratio in Mongolia peaked at 1.49 in 2007 and was at its lowest, 1.1, in 1998.

That places Mongolia 86th out of 120 countries with data for 2022, putting it in the middle of the range.

Palma ratio in Mongolia, year by year

Annual values for Palma ratio in Mongolia, 1995 to 2022.
Year Value Change
1995 1.29
1998 1.1 -14.6%
2002 1.25 +13.9%
2007 1.49 +18.9%
2010 1.29 -13.3%
2011 1.35 +4.5%
2012 1.34 -0.9%
2014 1.23 -7.7%
2016 1.25 +1.6%
2018 1.27 +1.4%
2022 1.19 -6.7%

Mongolia compared with similar countries

  • Mongolia's 1.19 is below the median for upper middle income countries, which is 1.5, 79% of the median. (35 countries reporting)
  • Mongolia's 1.19 is below the median for East Asia & Pacific, which is 1.42, 83% of the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.19 1.1 1.29 2
2000s 1.37 1.25 1.49 2
2010s 1.29 1.23 1.35 6
2020s 1.19 1.19 1.19 1

Countries ranked near Mongolia

  1. 83 Mauritania 1.21 compare
  2. 84 Malta 1.2 compare
  3. 85 Canada 1.19 compare
  4. 87 Austria 1.18 compare
  5. 88 Bangladesh 1.18 compare
  6. 89 Ethiopia 1.17 compare

See the full ranking of 120 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is palma ratio in Mongolia?
Palma ratio in Mongolia was 1.19 in 2022, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Mongolia?
The highest recorded value was 1.49 in 2007.
What is the lowest palma ratio recorded in Mongolia?
The lowest recorded value was 1.1 in 1998.
How does Mongolia rank for palma ratio?
Mongolia ranks 86th out of 120 countries with data for 2022.
Is palma ratio rising or falling in Mongolia?
Over the last ten years it is down 11.2%. The long-run trend across the full record is flat.
Where does this Mongolia data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

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Palma ratio in Mongolia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/mongolia/

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About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.