Income share held by lowest 10% in Mongolia
Mongolia: Income share held by lowest 10% was 3.4% in 2022. ▲ Rising
Income share held by lowest 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
Mongolia recorded 3.4% for income share held by lowest 10% in 2022. That is the highest value across all 11 years on record.
The figure is up 9.7% over ten years.
Over the whole period, income share held by lowest 10% in Mongolia peaked at 3.4% in 2022 and was at its lowest, 3.0%, in 1998.
That places Mongolia 29th out of 121 countries with data for 2022, putting it in the top quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.0% | 3.0% | 3.1% | 2 |
| 2000s | 3.0% | 3.0% | 3.0% | 2 |
| 2010s | 3.2% | 3.1% | 3.3% | 6 |
| 2020s | 3.4% | 3.4% | 3.4% | 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 lowest 10% in Mongolia?
- Income share held by lowest 10% in Mongolia was 3.4% 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 lowest 10% recorded in Mongolia?
- The highest recorded value was 3.4% in 2022.
- What is the lowest income share held by lowest 10% recorded in Mongolia?
- The lowest recorded value was 3.0% in 1998.
- How does Mongolia rank for income share held by lowest 10%?
- Mongolia ranks 29th out of 121 countries with data for 2022.
- Is income share held by lowest 10% rising or falling in Mongolia?
- Over the last ten years it is up 9.7%. The long-run trend across the full record is rising.
- 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 lowest 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.