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

Mongolia: Poverty Headcount reduction (%) - All Private Transfers -extreme poor was 99.6% in 2020. ▲ Rising

Latest (2020)
99.6%
Change on year
up 65.3%
World rank
5th
of 34 countries
All-time high
99.6%
in 2020
All-time low
36.1%
in 2009
Years of data
9
2007–2020

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

0204060801002007201320202007: 48.2 <$2.15 a day2009: 36.1 <$2.15 a day2010: 51.4 <$2.15 a day2011: 55.2 <$2.15 a day2012: 57.4 <$2.15 a day2014: 62.2 <$2.15 a day2016: 56 <$2.15 a day2018: 60.3 <$2.15 a day2020: 99.6 <$2.15 a day

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

Analysis

The most recent figure for poverty headcount reduction (%) - all private transfers -extreme poor in Mongolia is 99.6%, measured in 2020. That is the highest value across all 9 years on record.

That represents a change of up 65.3% on the previous year and up 93.8% over ten years.

Over the whole period, poverty headcount reduction (%) - all private transfers -extreme poor in Mongolia peaked at 99.6% in 2020 and was at its lowest, 36.1%, in 2009.

That places Mongolia 5th out of 34 countries with data for 2020, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 42.2% 36.1% 48.2% 2
2010s 57.1% 51.4% 62.2% 6
2020s 99.6% 99.6% 99.6% 1

Countries ranked near Mongolia

  1. 4 Moldova 99.7% compare
  2. 6 Thailand 99.3% compare
  3. 7 Armenia 89.4% compare
  4. 8 Dominican Republic 84.5% 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 -extreme poor in Mongolia?
Poverty headcount reduction (%) - all private transfers -extreme poor in Mongolia was 99.6% in 2020, according to ASPIRE.
What is the highest poverty headcount reduction (%) - all private transfers -extreme poor recorded in Mongolia?
The highest recorded value was 99.6% in 2020.
What is the lowest poverty headcount reduction (%) - all private transfers -extreme poor recorded in Mongolia?
The lowest recorded value was 36.1% in 2009.
How does Mongolia rank for poverty headcount reduction (%) - all private transfers -extreme poor?
Mongolia ranks 5th out of 34 countries with data for 2020.
Is poverty headcount reduction (%) - all private transfers -extreme poor rising or falling in Mongolia?
Over the last ten years it is up 93.8%. 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 -extreme poor (<$2.15 a day). Statizoid updates them automatically from the source API.

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About this data

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