Poverty Gap reduction (%) - Contributory Pensions -1st quintile (poor in Mongolia

Mongolia: Poverty Gap reduction (%) - Contributory Pensions -1st quintile (poor was 74.0% in 2020. ▲ Rising

Latest (2020)
74.0%
Change on year
up 9.1%
World rank
9th
of 29 countries
All-time high
74.0%
in 2020
All-time low
50.1%
in 2010
Years of data
9
2007–2020

Poverty Gap reduction (%) - Contributory Pensions -1st quintile (poor in Mongolia, 2007–2020

0204060802007201320202007: 54.72009: 60.92010: 50.12011: 51.12012: 53.82014: 60.22016: 69.92018: 67.82020: 74

Source: ASPIRE.

Analysis

Mongolia recorded 74.0% for poverty gap reduction (%) - contributory pensions -1st quintile (poor in 2020. That is the highest value across all 9 years on record.

The figure is up 9.1% on the previous year and up 47.5% over ten years.

Over the whole period, poverty gap reduction (%) - contributory pensions -1st quintile (poor in Mongolia peaked at 74.0% in 2020 and was at its lowest, 50.1%, in 2010.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 57.8% 54.7% 60.9% 2
2010s 58.8% 50.1% 69.9% 6
2020s 74.0% 74.0% 74.0% 1

Countries ranked near Mongolia

  1. 6 Kazakhstan 78.9% compare
  2. 7 Kyrgyzstan 78.6% compare
  3. 8 Serbia 77.2% compare
  4. 10 Armenia 71.6% compare
  5. 11 Uruguay 68.9% compare
  6. 12 Turkey 61.8% compare

See the full ranking of 30 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is poverty gap reduction (%) - contributory pensions -1st quintile (poor in Mongolia?
Poverty gap reduction (%) - contributory pensions -1st quintile (poor in Mongolia was 74.0% in 2020, according to ASPIRE.
What is the highest poverty gap reduction (%) - contributory pensions -1st quintile (poor recorded in Mongolia?
The highest recorded value was 74.0% in 2020.
What is the lowest poverty gap reduction (%) - contributory pensions -1st quintile (poor recorded in Mongolia?
The lowest recorded value was 50.1% in 2010.
How does Mongolia rank for poverty gap reduction (%) - contributory pensions -1st quintile (poor?
Mongolia ranks 9th out of 29 countries with data for 2020.
Is poverty gap reduction (%) - contributory pensions -1st quintile (poor rising or falling in Mongolia?
Over the last ten years it is up 47.5%. 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 (%) - Contributory Pensions -1st quintile (poorest) -rural. Statizoid updates them automatically from the source API.

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About this data

Indicator
Poverty Gap reduction (%) - Contributory Pensions -1st quintile (poorest) -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
30 places, 287 data points, 2002–2023
Last refreshed

Poverty gap reduction due to Contributory Pensions programs as % of pre-transfer poverty gap