Income share of the richest 1%: World Inequality Database vs. World Bank in Mongolia

Mongolia: Income share of the richest 1%: World Inequality Database vs. World Bank was 14.9% in 2018. ▲ Rising

Latest (2018)
14.9%
Change on year
down 4.6%
World rank
41st
of 109 countries
All-time high
16.5%
in 2014
All-time low
13.1%
in 2007
Years of data
9
1995–2018

Income share of the richest 1%: World Inequality Database vs. World Bank in Mongolia, 1995–2018

0510151995200620181995: 13.3 %1998: 14.2 %2002: 15.2 %2007: 13.1 %2011: 15.8 %2012: 16.3 %2014: 16.5 %2016: 15.6 %2018: 14.9 %

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for income share of the richest 1%: world inequality database vs. world bank in Mongolia is 14.9%, measured in 2018.

Compared with earlier readings it is down 4.6% on the previous year and up 13.5% over ten years.

Over the whole period, income share of the richest 1%: world inequality database vs. world bank in Mongolia peaked at 16.5% in 2014 and was at its lowest, 13.1%, in 2007.

Mongolia ranks 41st of 109 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 13.7% 13.3% 14.2% 2
2000s 14.2% 13.1% 15.2% 2
2010s 15.8% 14.9% 16.5% 5

Countries ranked near Mongolia

  1. 38 Palestine 15.4% compare
  2. 39 Philippines 15.2% compare
  3. 40 Ghana 15.1% compare
  4. 41 United States 14.9% compare
  5. 43 Iran 14.7% compare
  6. 44 Vietnam 14.5% compare

See the full ranking of 109 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is income share of the richest 1%: world inequality database vs. world bank in Mongolia?
Income share of the richest 1%: world inequality database vs. world bank in Mongolia was 14.9% in 2018, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest income share of the richest 1%: world inequality database vs. world bank recorded in Mongolia?
The highest recorded value was 16.5% in 2014.
What is the lowest income share of the richest 1%: world inequality database vs. world bank recorded in Mongolia?
The lowest recorded value was 13.1% in 2007.
How does Mongolia rank for income share of the richest 1%: world inequality database vs. world bank?
Mongolia ranks 41st out of 109 countries with data for 2018.
Is income share of the richest 1%: world inequality database vs. world bank rising or falling in Mongolia?
Over the last ten years it is up 13.5%. The long-run trend across the full record is rising.
Where does this Mongolia data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Income share of the richest 1%: World Inequality Database vs. World Bank. Statizoid updates them automatically from the source API.

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About this data

Indicator
Income share of the richest 1%: World Inequality Database vs. World Bank
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
109 places, 2,196 data points, 1913–2024
Last refreshed

The share of income received by the richest 1% of the population. Income here is measured after taxes and benefits.