Armenia vs Mongolia: Total shortfall from extreme poverty
Total shortfall from extreme poverty over time
- Armenia
- Mongolia
How they compare
Armenia currently reports 4.39 million international-$ in 2021 prices against 3.15 million international-$ in 2021 prices in Mongolia, a difference of 1.25 million international-$ in 2021 prices.
That makes Armenia's figure about 1.4 times Mongolia's.
The two have swapped places 2 times across 9 shared years of data; in 2002 it was Armenia ahead.
Armenia ranks 97th and Mongolia ranks 100th of 120 countries.
Armenia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Armenia | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 87.70 million international-$ in 2021 prices | 73.65 million international-$ in 2021 prices | 14.06 million international-$ in 2021 prices | Armenia |
| 2010s | 16.19 million international-$ in 2021 prices | 8.87 million international-$ in 2021 prices | 7.32 million international-$ in 2021 prices | Armenia |
| 2020s | 9.42 million international-$ in 2021 prices | 3.15 million international-$ in 2021 prices | 6.28 million international-$ in 2021 prices | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total shortfall from extreme poverty, Armenia or Mongolia?
- Armenia, at 4.39 million international-$ in 2021 prices against 3.15 million international-$ in 2021 prices in Mongolia as of 2024.
- What is the difference in total shortfall from extreme poverty between Armenia and Mongolia?
- 1.25 million international-$ in 2021 prices, with Armenia ahead.
- How many years of comparable data are there for Armenia and Mongolia?
- 9 years are reported by both, from 2002 to 2022.
- How do Armenia and Mongolia rank globally for total shortfall from extreme poverty?
- Armenia ranks 97th and Mongolia ranks 100th of 120 countries.
- Where does this data come from?
- World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as Total shortfall from extreme poverty. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.