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Wealth share of the richest 1% in Mongolia

Mongolia: Wealth share of the richest 1% was 24.1% in 2024. ▬ Flat

Latest (2024)
24.1%
Change on year
unchanged
World rank
167th
of 215 countries
All-time high
24.9%
in 2006
All-time low
23.8%
in 1998
Years of data
45
1980–2024

Wealth share of the richest 1% in Mongolia, 1980–2024

05101520251980200220241980: 24 %1981: 24 %1982: 24 %1983: 24 %1984: 24 %1985: 24 %1986: 24 %1987: 24 %1988: 24 %1989: 24 %1990: 24 %1991: 24 %1992: 24 %1993: 24 %1994: 24 %1995: 24 %1996: 23.9 %1997: 23.8 %1998: 23.8 %1999: 23.8 %2000: 24 %2001: 24.1 %2002: 24.3 %2003: 24.5 %2004: 24.6 %2005: 24.8 %2006: 24.9 %2007: 24.8 %2008: 24.5 %2009: 24.1 %2010: 24.4 %2011: 24.5 %2012: 24.7 %2013: 24.5 %2014: 24.6 %2015: 24.3 %2016: 24.3 %2017: 24.2 %2018: 24.2 %2019: 24.1 %2020: 24.1 %2021: 24.1 %2022: 24.1 %2023: 24.1 %2024: 24.1 %

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

Analysis

In 2024, wealth share of the richest 1% in Mongolia stood at 24.1%.

The figure is down 1.8% over ten years.

Over the whole period, wealth share of the richest 1% in Mongolia peaked at 24.9% in 2006 and was at its lowest, 23.8%, in 1998.

Mongolia ranks 167th of 215 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
1980s 24.0% 24.0% 24.0% 10
1990s 23.9% 23.8% 24.0% 10
2000s 24.5% 24.0% 24.9% 10
2010s 24.4% 24.1% 24.7% 10
2020s 24.1% 24.1% 24.1% 5

Countries ranked near Mongolia

  1. 164 Romania 24.2% compare
  2. 165 Spain 24.1% compare
  3. 166 Kyrgyzstan 24.1% compare
  4. 168 Myanmar 24.1% compare
  5. 170 Pakistan 24.0% compare

See the full ranking of 215 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is wealth share of the richest 1% in Mongolia?
Wealth share of the richest 1% in Mongolia was 24.1% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest wealth share of the richest 1% recorded in Mongolia?
The highest recorded value was 24.9% in 2006.
What is the lowest wealth share of the richest 1% recorded in Mongolia?
The lowest recorded value was 23.8% in 1998.
How does Mongolia rank for wealth share of the richest 1%?
Mongolia ranks 167th out of 215 countries with data for 2024.
Is wealth share of the richest 1% rising or falling in Mongolia?
Over the last ten years it is down 1.8%. The long-run trend across the full record is flat.
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 Wealth share of the richest 1%. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Wealth share of the richest 1%
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
215 places, 10,553 data points, 1800–2024
Last refreshed

The share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.