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
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.
Wealth share of the richest 1% in Mongolia, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 24.0% | — |
| 1981 | 24.0% | +0.0% |
| 1982 | 24.0% | -0.0% |
| 1983 | 24.0% | +0.0% |
| 1984 | 24.0% | +0.0% |
| 1985 | 24.0% | +0.0% |
| 1986 | 24.0% | +0.0% |
| 1987 | 24.0% | -0.0% |
| 1988 | 24.0% | +0.0% |
| 1989 | 24.0% | +0.0% |
| 1990 | 24.0% | -0.0% |
| 1991 | 24.0% | +0.0% |
| 1992 | 24.0% | -0.0% |
| 1993 | 24.0% | +0.0% |
| 1994 | 24.0% | +0.0% |
| 1995 | 24.0% | +0.1% |
| 1996 | 23.9% | -0.4% |
| 1997 | 23.8% | -0.5% |
| 1998 | 23.8% | -0.3% |
| 1999 | 23.8% | +0.3% |
| 2000 | 24.0% | +0.7% |
| 2001 | 24.1% | +0.7% |
| 2002 | 24.3% | +0.6% |
| 2003 | 24.5% | +0.9% |
| 2004 | 24.6% | +0.5% |
| 2005 | 24.8% | +0.6% |
| 2006 | 24.9% | +0.2% |
| 2007 | 24.8% | -0.4% |
| 2008 | 24.5% | -1.1% |
| 2009 | 24.1% | -1.3% |
| 2010 | 24.4% | +1.0% |
| 2011 | 24.5% | +0.4% |
| 2012 | 24.7% | +0.8% |
| 2013 | 24.5% | -0.8% |
| 2014 | 24.6% | +0.3% |
| 2015 | 24.3% | -1.0% |
| 2016 | 24.3% | -0.1% |
| 2017 | 24.2% | -0.2% |
| 2018 | 24.2% | +0.0% |
| 2019 | 24.1% | -0.4% |
| 2020 | 24.1% | +0.0% |
| 2021 | 24.1% | +0.0% |
| 2022 | 24.1% | +0.0% |
| 2023 | 24.1% | -0.0% |
| 2024 | 24.1% | +0.0% |
Mongolia compared with similar countries
- Mongolia's 24.1% is below the median for upper middle income countries, which is 27.2%, 89% of the median. (58 countries reporting)
- Mongolia's 24.1% is below the median for East Asia & Pacific, which is 27.2%, 89% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Mongolia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.8173 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.37 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.25 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0069 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.25 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.74 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.16 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 12.74 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 18.89 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0378 (2050)
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
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.