Poverty Gap reduction (%) - All Private Transfers -extreme poor in Mongolia

Mongolia: Poverty Gap reduction (%) - All Private Transfers -extreme poor was 100.0% in 2020. ▲ Rising

Latest (2020)
100.0%
Change on year
up 16.0%
World rank
4th
of 34 countries
All-time high
100.0%
in 2020
All-time low
63.9%
in 2009
Years of data
9
2007–2020

Poverty Gap reduction (%) - All Private Transfers -extreme poor in Mongolia, 2007–2020

0204060801002007201320202007: 74.4 <$2.15 a day2009: 63.9 <$2.15 a day2010: 79.8 <$2.15 a day2011: 83.1 <$2.15 a day2012: 82.5 <$2.15 a day2014: 88.4 <$2.15 a day2016: 83.4 <$2.15 a day2018: 86.2 <$2.15 a day2020: 100 <$2.15 a day

Source: ASPIRE. Measured in <$2.15 a day.

Analysis

Mongolia recorded 100.0% for poverty gap reduction (%) - all private transfers -extreme poor in 2020. That is the highest value across all 9 years on record.

Compared with earlier readings it is up 16.0% on the previous year and up 25.3% over ten years.

Over the whole period, poverty gap reduction (%) - all private transfers -extreme poor in Mongolia peaked at 100.0% in 2020 and was at its lowest, 63.9%, in 2009.

That places Mongolia 4th out of 34 countries with data for 2020, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 69.1% 63.9% 74.4% 2
2010s 83.9% 79.8% 88.4% 6
2020s 100.0% 100.0% 100.0% 1

Countries ranked near Mongolia

  1. 1 Belarus 100.0% compare
  2. 1 Poland 100.0% compare
  3. 1 Romania 100.0% compare
  4. 5 Moldova 100.0% compare
  5. 6 Thailand 99.8% compare
  6. 7 Armenia 98.0% 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 -extreme poor in Mongolia?
Poverty gap reduction (%) - all private transfers -extreme poor in Mongolia was 100.0% in 2020, according to ASPIRE.
What is the highest poverty gap reduction (%) - all private transfers -extreme poor recorded in Mongolia?
The highest recorded value was 100.0% in 2020.
What is the lowest poverty gap reduction (%) - all private transfers -extreme poor recorded in Mongolia?
The lowest recorded value was 63.9% in 2009.
How does Mongolia rank for poverty gap reduction (%) - all private transfers -extreme poor?
Mongolia ranks 4th out of 34 countries with data for 2020.
Is poverty gap reduction (%) - all private transfers -extreme poor rising or falling in Mongolia?
Over the last ten years it is up 25.3%. 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 Poverty Gap reduction (%) - All Private Transfers -extreme poor (<$2.15 a day). Statizoid updates them automatically from the source API.

Download this data

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

About this data

Indicator
Poverty Gap reduction (%) - All Private Transfers -extreme poor (<$2.15 a day)
Unit
<$2.15 a day
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 345 data points, 2002–2023
Last refreshed

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