Poverty Gap reduction (%) - All Private Transfers -1st quintile in Mongolia

Mongolia: Poverty Gap reduction (%) - All Private Transfers -1st quintile was 36.4% in 2020. ▲ Rising

Latest (2020)
36.4%
Change on year
up 66.7%
World rank
11th
of 34 countries
All-time high
36.4%
in 2020
All-time low
15.6%
in 2012
Years of data
9
2007–2020

Poverty Gap reduction (%) - All Private Transfers -1st quintile in Mongolia, 2007–2020

0102030402007201320202007: 22.9 poorest2009: 26.5 poorest2010: 22.7 poorest2011: 20.6 poorest2012: 15.6 poorest2014: 18.6 poorest2016: 20.8 poorest2018: 21.9 poorest2020: 36.4 poorest

Source: ASPIRE. Measured in poorest.

Analysis

In 2020, poverty gap reduction (%) - all private transfers -1st quintile in Mongolia stood at 36.4%. That is the highest value across all 9 years on record.

Compared with earlier readings it is up 66.7% on the previous year and up 60.7% over ten years.

Over the whole period, poverty gap reduction (%) - all private transfers -1st quintile in Mongolia peaked at 36.4% in 2020 and was at its lowest, 15.6%, in 2012.

Mongolia ranks 11th of 34 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 24.7% 22.9% 26.5% 2
2010s 20.0% 15.6% 22.7% 6
2020s 36.4% 36.4% 36.4% 1

Countries ranked near Mongolia

  1. 8 Kyrgyzstan 44.7% compare
  2. 9 Sri Lanka 39.9% compare
  3. 10 South Africa 36.8% compare
  4. 12 Belarus 36.0% compare
  5. 13 Honduras 34.8% compare
  6. 14 Ecuador 30.5% compare

See the full ranking of 35 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is poverty gap reduction (%) - all private transfers -1st quintile in Mongolia?
Poverty gap reduction (%) - all private transfers -1st quintile in Mongolia was 36.4% in 2020, according to ASPIRE.
What is the highest poverty gap reduction (%) - all private transfers -1st quintile recorded in Mongolia?
The highest recorded value was 36.4% in 2020.
What is the lowest poverty gap reduction (%) - all private transfers -1st quintile recorded in Mongolia?
The lowest recorded value was 15.6% in 2012.
How does Mongolia rank for poverty gap reduction (%) - all private transfers -1st quintile?
Mongolia ranks 11th out of 34 countries with data for 2020.
Is poverty gap reduction (%) - all private transfers -1st quintile rising or falling in Mongolia?
Over the last ten years it is up 60.7%. 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 Poverty Gap reduction (%) - All Private Transfers -1st quintile (poorest). Statizoid updates them automatically from the source API.

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About this data

Indicator
Poverty Gap reduction (%) - All Private Transfers -1st quintile (poorest)
Unit
poorest
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 346 data points, 2002–2023
Last refreshed

Poverty gap reduction due to Private Transfers programs as % of pre-transfer poverty gap