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

Mongolia: Poverty Headcount reduction (%) - All Private Transfers -1st quintile was 15.1% in 2020. ▲ Rising

Latest (2020)
15.1%
Change on year
up 47.2%
World rank
15th
of 34 countries
All-time high
15.1%
in 2020
All-time low
7.8%
in 2012
Years of data
9
2007–2020

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

0510152007201320202007: 9.7 poorest2009: 12.9 poorest2010: 11 poorest2011: 9.5 poorest2012: 7.8 poorest2014: 10.3 poorest2016: 10.3 poorest2018: 10.3 poorest2020: 15.1 poorest

Source: ASPIRE. Measured in poorest.

Analysis

Mongolia recorded 15.1% for poverty headcount reduction (%) - all private transfers -1st quintile in 2020. That is the highest value across all 9 years on record.

The figure is up 47.2% on the previous year and up 38.0% over ten years.

Over the whole period, poverty headcount reduction (%) - all private transfers -1st quintile in Mongolia peaked at 15.1% in 2020 and was at its lowest, 7.8%, in 2012.

Mongolia ranks 15th of 34 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.3% 9.7% 12.9% 2
2010s 9.9% 7.8% 11.0% 6
2020s 15.1% 15.1% 15.1% 1

Countries ranked near Mongolia

  1. 12 Sri Lanka 19.0% compare
  2. 13 El Salvador 17.1% compare
  3. 14 Kyrgyzstan 16.1% compare
  4. 16 Mexico 13.6% compare
  5. 17 Bolivia 12.4% compare
  6. 18 Malawi 12.3% compare

See the full ranking of 35 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is poverty headcount reduction (%) - all private transfers -1st quintile in Mongolia?
Poverty headcount reduction (%) - all private transfers -1st quintile in Mongolia was 15.1% in 2020, according to ASPIRE.
What is the highest poverty headcount reduction (%) - all private transfers -1st quintile recorded in Mongolia?
The highest recorded value was 15.1% in 2020.
What is the lowest poverty headcount reduction (%) - all private transfers -1st quintile recorded in Mongolia?
The lowest recorded value was 7.8% in 2012.
How does Mongolia rank for poverty headcount reduction (%) - all private transfers -1st quintile?
Mongolia ranks 15th out of 34 countries with data for 2020.
Is poverty headcount reduction (%) - all private transfers -1st quintile rising or falling in Mongolia?
Over the last ten years it is up 38.0%. 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 Headcount reduction (%) - All Private Transfers -1st quintile (poorest). Statizoid updates them automatically from the source API.

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About this data

Indicator
Poverty Headcount 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 headcount reduction due to Private Transfers programs as % of pre-transfer poverty headcount