Poverty gap index at $3 a day in Mongolia

Mongolia: Poverty gap index at $3 a day was 0.1% in 2022. ◆ Volatile

Latest (2022)
0.1%
World rank
93rd
of 120 countries
All-time high
12.8%
in 1998
All-time low
0.1%
in 2022
Years of data
11
1995–2022

Poverty gap index at $3 a day in Mongolia, 1995–2022

0510151995200820221995: 5.7 %1998: 12.8 %2002: 4.8 %2007: 0.679 %2010: 0.501 %2011: 0.314 %2012: 0.189 %2014: 0.129 %2016: 0.276 %2018: 0.261 %2022: 0.084 %

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for poverty gap index at $3 a day in Mongolia is 0.1%, measured in 2022. That is the lowest value across all 11 years on record.

Compared with earlier readings it is down 55.8% over ten years.

Over the whole period, poverty gap index at $3 a day in Mongolia peaked at 12.8% in 1998 and was at its lowest, 0.1%, in 2022.

Mongolia ranks 93rd of 120 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 9.3% 5.7% 12.8% 2
2000s 2.7% 0.7% 4.8% 2
2010s 0.3% 0.1% 0.5% 6
2020s 0.1% 0.1% 0.1% 1

Countries ranked near Mongolia

  1. 90 Armenia 0.1% compare
  2. 91 Norway 0.1% compare
  3. 92 Finland 0.1% compare
  4. 94 Bosnia and Herzegovina 0.1% compare
  5. 95 South Korea 0.1% compare

See the full ranking of 120 places →

More poverty & inequality data for Mongolia

All data for Mongolia →

Frequently asked questions

What is poverty gap index at $3 a day in Mongolia?
Poverty gap index at $3 a day in Mongolia was 0.1% in 2022, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest poverty gap index at $3 a day recorded in Mongolia?
The highest recorded value was 12.8% in 1998.
What is the lowest poverty gap index at $3 a day recorded in Mongolia?
The lowest recorded value was 0.1% in 2022.
How does Mongolia rank for poverty gap index at $3 a day?
Mongolia ranks 93rd out of 120 countries with data for 2022.
Is poverty gap index at $3 a day rising or falling in Mongolia?
Over the last ten years it is down 55.8%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Poverty gap index at $3 a day. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Poverty gap index at $3 a day
Unit
%
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The poverty gap index is a poverty measure that reflects both the prevalence and the depth of poverty. It is calculated as the share of population in poverty multiplied by the average shortfall from the poverty line (expressed as a % of the poverty line).