Poverty: Share of population living on less than $4.20 a day in Mongolia

Mongolia: Poverty: Share of population living on less than $4.20 a day was 2.3% in 2022. ◆ Volatile

Latest (2022)
2.3%
World rank
63rd
of 120 countries
All-time high
64.8%
in 1998
All-time low
2.3%
in 2022
Years of data
11
1995–2022

Poverty: Share of population living on less than $4.20 a day in Mongolia, 1995–2022

02040601995200820221995: 40.4 %1998: 64.8 %2002: 37 %2007: 14.4 %2010: 12.1 %2011: 8.5 %2012: 5.6 %2014: 4 %2016: 8.1 %2018: 6.7 %2022: 2.3 %

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.

Analysis

Mongolia recorded 2.3% for poverty: share of population living on less than $4.20 a day in 2022. That is the lowest value across all 11 years on record.

Compared with earlier readings it is down 59.7% over ten years.

Over the whole period, poverty: share of population living on less than $4.20 a day in Mongolia peaked at 64.8% in 1998 and was at its lowest, 2.3%, in 2022.

That places Mongolia 63rd out of 120 countries with data for 2022, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 52.6% 40.4% 64.8% 2
2000s 25.7% 14.4% 37.0% 2
2010s 7.5% 4.0% 12.1% 6
2020s 2.3% 2.3% 2.3% 1

Countries ranked near Mongolia

  1. 60 Montenegro 4.0% compare
  2. 61 Uzbekistan 4.0% compare
  3. 62 Tunisia 2.4% compare
  4. 64 Albania 2.1% compare
  5. 65 Serbia 2.1% compare
  6. 66 Dominican Republic 2.0% compare

See the full ranking of 120 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is poverty: share of population living on less than $4.20 a day in Mongolia?
Poverty: share of population living on less than $4.20 a day in Mongolia was 2.3% in 2022, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest poverty: share of population living on less than $4.20 a day recorded in Mongolia?
The highest recorded value was 64.8% in 1998.
What is the lowest poverty: share of population living on less than $4.20 a day recorded in Mongolia?
The lowest recorded value was 2.3% in 2022.
How does Mongolia rank for poverty: share of population living on less than $4.20 a day?
Mongolia ranks 63rd out of 120 countries with data for 2022.
Is poverty: share of population living on less than $4.20 a day rising or falling in Mongolia?
Over the last ten years it is down 59.7%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Poverty: Share of population living on less than $4.20 a day. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Poverty: Share of population living on less than $4.20 a day
Unit
%
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $4.20 per day.