Income share held by highest 10% in Mongolia
Mongolia: Income share held by highest 10% was 24.6% in 2022. ▬ Flat
Income share held by highest 10% in Mongolia, 1995–2022
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
Analysis
In 2022, income share held by highest 10% in Mongolia stood at 24.6%.
The figure is down 6.1% over ten years.
Over the whole period, income share held by highest 10% in Mongolia peaked at 27.7% in 2007 and was at its lowest, 22.9%, in 1998.
That places Mongolia 86th out of 121 countries with data for 2022, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.9% | 22.9% | 25.0% | 2 |
| 2000s | 26.1% | 24.6% | 27.7% | 2 |
| 2010s | 25.9% | 25.5% | 26.6% | 6 |
| 2020s | 24.6% | 24.6% | 24.6% | 1 |
Countries ranked near Mongolia
More poverty & inequality data for Mongolia
- Poverty headcount ratio at $8.30 a day (2021 PPP) 24.4% (2022)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 2.3% (2022)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 0.4% (2022)
- Poverty gap at $3.00 a day (2021 PPP) 0.1% (2022)
- Prosperity gap 2.7 average shortfall from a prosperity standard of $28/day (2022)
- Poverty gap at $8.30 a day (2021 PPP) 6.0% (2022)
- Poverty headcount ratio at societal poverty line 17.7% (2022)
- Poverty gap at $4.20 a day (2021 PPP) 0.4% (2022)
- Population living in slums 17.9% (2022)
- Income share held by second 20% 12.6% (2022)
Frequently asked questions
- What is income share held by highest 10% in Mongolia?
- Income share held by highest 10% in Mongolia was 24.6% in 2022, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest income share held by highest 10% recorded in Mongolia?
- The highest recorded value was 27.7% in 2007.
- What is the lowest income share held by highest 10% recorded in Mongolia?
- The lowest recorded value was 22.9% in 1998.
- How does Mongolia rank for income share held by highest 10%?
- Mongolia ranks 86th out of 121 countries with data for 2022.
- Is income share held by highest 10% rising or falling in Mongolia?
- Over the last ten years it is down 6.1%. The long-run trend across the full record is flat.
- Where does this Mongolia data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Income share held by highest 10%. Statizoid updates them automatically from the source API.
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About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.