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

Mongolia: Poverty Headcount reduction (%) - Contributory Pensions -1st quintile was 43.3% in 2020. ▲ Rising

Latest (2020)
43.3%
Change on year
up 13.0%
World rank
10th
of 32 countries
All-time high
43.3%
in 2020
All-time low
28.6%
in 2011
Years of data
9
2007–2020

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

0102030402007201320202007: 30.4 poorest2009: 33 poorest2010: 29.1 poorest2011: 28.6 poorest2012: 30 poorest2014: 35.3 poorest2016: 41.6 poorest2018: 38.3 poorest2020: 43.3 poorest

Source: ASPIRE. Measured in poorest.

Analysis

In 2020, poverty headcount reduction (%) - contributory pensions -1st quintile in Mongolia stood at 43.3%. That is the highest value across all 9 years on record.

That represents a change of up 13.0% on the previous year and up 48.6% over ten years.

Over the whole period, poverty headcount reduction (%) - contributory pensions -1st quintile in Mongolia peaked at 43.3% in 2020 and was at its lowest, 28.6%, 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 31.7% 30.4% 33.0% 2
2010s 33.8% 28.6% 41.6% 6
2020s 43.3% 43.3% 43.3% 1

Countries ranked near Mongolia

  1. 7 Armenia 51.0% compare
  2. 8 Kyrgyzstan 50.3% compare
  3. 9 Kazakhstan 49.4% compare
  4. 11 Turkey 40.9% compare
  5. 12 Uruguay 40.3% compare
  6. 13 Brazil 30.2% compare

See the full ranking of 33 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is poverty headcount reduction (%) - contributory pensions -1st quintile in Mongolia?
Poverty headcount reduction (%) - contributory pensions -1st quintile in Mongolia was 43.3% in 2020, according to ASPIRE.
What is the highest poverty headcount reduction (%) - contributory pensions -1st quintile recorded in Mongolia?
The highest recorded value was 43.3% in 2020.
What is the lowest poverty headcount reduction (%) - contributory pensions -1st quintile recorded in Mongolia?
The lowest recorded value was 28.6% in 2011.
How does Mongolia rank for poverty headcount reduction (%) - contributory pensions -1st quintile?
Mongolia ranks 10th out of 32 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 48.6%. 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). Statizoid updates them automatically from the source API.

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About this data

Indicator
Poverty Headcount 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 headcount reduction due to Contributory Pensions programs as % of pre-transfer poverty headcount