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

Mongolia: Poverty Headcount reduction (%) - Contributory Pensions -1st quintile was 43.1% in 2020. ▲ Rising

Latest (2020)
43.1%
Change on year
up 13.8%
World rank
10th
of 29 countries
All-time high
43.1%
in 2020
All-time low
26.5%
in 2011
Years of data
9
2007–2020

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

0102030402007201320202007: 29.92009: 35.52010: 26.92011: 26.52012: 28.92014: 35.82016: 41.72018: 37.82020: 43.1

Source: ASPIRE.

Analysis

Mongolia recorded 43.1% for poverty headcount reduction (%) - contributory pensions -1st quintile in 2020. That is the highest value across all 9 years on record.

The figure is up 13.8% on the previous year and up 59.8% over ten years.

Over the whole period, poverty headcount reduction (%) - contributory pensions -1st quintile in Mongolia peaked at 43.1% in 2020 and was at its lowest, 26.5%, in 2011.

That places Mongolia 10th out of 29 countries with data for 2020, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 32.7% 29.9% 35.5% 2
2010s 33.0% 26.5% 41.7% 6
2020s 43.1% 43.1% 43.1% 1

Countries ranked near Mongolia

  1. 7 Kyrgyzstan 52.2% compare
  2. 8 Kazakhstan 51.5% compare
  3. 9 Armenia 47.8% compare
  4. 11 Uruguay 40.5% compare
  5. 12 Turkey 39.8% compare
  6. 13 Brazil 39.6% compare

See the full ranking of 30 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is poverty headcount reduction (%) - contributory pensions -1st quintile in Mongolia?
Poverty headcount reduction (%) - contributory pensions -1st quintile in Mongolia was 43.1% in 2020, according to ASPIRE.
What is the highest poverty headcount reduction (%) - contributory pensions -1st quintile recorded in Mongolia?
The highest recorded value was 43.1% in 2020.
What is the lowest poverty headcount reduction (%) - contributory pensions -1st quintile recorded in Mongolia?
The lowest recorded value was 26.5% in 2011.
How does Mongolia rank for poverty headcount reduction (%) - contributory pensions -1st quintile?
Mongolia ranks 10th out of 29 countries with data for 2020.
Is poverty headcount reduction (%) - contributory pensions -1st quintile rising or falling in Mongolia?
Over the last ten years it is up 59.8%. 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 (%) - Contributory Pensions -1st quintile (poorest) -rural. 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 Headcount 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 headcount reduction due to Contributory Pensions programs as % of pre-transfer poverty headcount