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

Mongolia: Poverty Gap reduction (%) - Contributory Pensions -1st quintile was 70.4% in 2020. ▲ Rising

Latest (2020)
70.4%
Change on year
up 10.1%
World rank
10th
of 32 countries
All-time high
70.4%
in 2020
All-time low
49.6%
in 2010
Years of data
9
2007–2020

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

0204060802007201320202007: 53.2 poorest2009: 59.4 poorest2010: 49.6 poorest2011: 50.9 poorest2012: 52.1 poorest2014: 59.3 poorest2016: 68.2 poorest2018: 64 poorest2020: 70.4 poorest

Source: ASPIRE. Measured in poorest.

Analysis

In 2020, poverty gap reduction (%) - contributory pensions -1st quintile in Mongolia stood at 70.4%. That is the highest value across all 9 years on record.

The figure is up 10.1% on the previous year and up 42.1% over ten years.

Over the whole period, poverty gap reduction (%) - contributory pensions -1st quintile in Mongolia peaked at 70.4% in 2020 and was at its lowest, 49.6%, in 2010.

Mongolia ranks 10th of 32 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 56.3% 53.2% 59.4% 2
2010s 57.3% 49.6% 68.2% 6
2020s 70.4% 70.4% 70.4% 1

Countries ranked near Mongolia

  1. 7 Kazakhstan 79.1% compare
  2. 8 Kyrgyzstan 78.0% compare
  3. 9 Armenia 75.7% compare
  4. 11 Turkey 60.6% compare
  5. 12 Uruguay 55.5% compare
  6. 13 Brazil 39.2% 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 in Mongolia?
Poverty gap reduction (%) - contributory pensions -1st quintile in Mongolia was 70.4% in 2020, according to ASPIRE.
What is the highest poverty gap reduction (%) - contributory pensions -1st quintile recorded in Mongolia?
The highest recorded value was 70.4% in 2020.
What is the lowest poverty gap reduction (%) - contributory pensions -1st quintile recorded in Mongolia?
The lowest recorded value was 49.6% in 2010.
How does Mongolia rank for poverty gap reduction (%) - contributory pensions -1st quintile?
Mongolia ranks 10th out of 32 countries with data for 2020.
Is poverty gap reduction (%) - contributory pensions -1st quintile rising or falling in Mongolia?
Over the last ten years it is up 42.1%. 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). Statizoid updates them automatically from the source API.

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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)
Unit
poorest
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