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

Mongolia: Poverty Gap reduction (%) - Contributory Pensions - 1st quintile (poo was 68.4% in 2020. ▲ Rising

Latest (2020)
68.4%
Change on year
up 9.7%
World rank
10th
of 32 countries
All-time high
68.4%
in 2020
All-time low
50.2%
in 2011
Years of data
9
2007–2020

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

02040602007201320202007: 52.52009: 56.12010: 50.32011: 50.22012: 50.92014: 57.82016: 67.62018: 62.42020: 68.4

Source: ASPIRE.

Analysis

In 2020, poverty gap reduction (%) - contributory pensions - 1st quintile (poo in Mongolia stood at 68.4%. That is the highest value across all 9 years on record.

That represents a change of up 9.7% on the previous year and up 36.1% over ten years.

Over the whole period, poverty gap reduction (%) - contributory pensions - 1st quintile (poo in Mongolia peaked at 68.4% in 2020 and was at its lowest, 50.2%, in 2011.

That places Mongolia 10th out of 32 countries with data for 2020, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 54.3% 52.5% 56.1% 2
2010s 56.5% 50.2% 67.6% 6
2020s 68.4% 68.4% 68.4% 1

Countries ranked near Mongolia

  1. 7 Kazakhstan 79.2% compare
  2. 8 Armenia 78.2% compare
  3. 9 Kyrgyzstan 77.2% compare
  4. 11 Turkey 60.6% compare
  5. 12 Uruguay 54.7% compare
  6. 13 Thailand 39.5% compare

See the full ranking of 33 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is poverty gap reduction (%) - contributory pensions - 1st quintile (poo in Mongolia?
Poverty gap reduction (%) - contributory pensions - 1st quintile (poo in Mongolia was 68.4% in 2020, according to ASPIRE.
What is the highest poverty gap reduction (%) - contributory pensions - 1st quintile (poo recorded in Mongolia?
The highest recorded value was 68.4% in 2020.
What is the lowest poverty gap reduction (%) - contributory pensions - 1st quintile (poo recorded in Mongolia?
The lowest recorded value was 50.2% in 2011.
How does Mongolia rank for poverty gap reduction (%) - contributory pensions - 1st quintile (poo?
Mongolia ranks 10th out of 32 countries with data for 2020.
Is poverty gap reduction (%) - contributory pensions - 1st quintile (poo rising or falling in Mongolia?
Over the last ten years it is up 36.1%. 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) -urban. 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 (%) - Contributory Pensions - 1st quintile (poorest) -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 342 data points, 2002–2023
Last refreshed

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