Share in extreme poverty vs. poverty gap index in Mongolia

Mongolia: Share in extreme poverty vs. poverty gap index was 0.4% in 2022. ◆ Volatile

Latest (2022)
0.4%
World rank
81st
of 120 countries
All-time high
39.7%
in 1998
All-time low
0.4%
in 2022
Years of data
11
1995–2022

Share in extreme poverty vs. poverty gap index in Mongolia, 1995–2022

0102030401995200820221995: 22.1 %1998: 39.7 %2002: 18.7 %2007: 4 %2010: 3.5 %2011: 2.2 %2012: 1.1 %2014: 0.781 %2016: 1.9 %2018: 1.7 %2022: 0.44 %

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

Analysis

In 2022, share in extreme poverty vs. poverty gap index in Mongolia stood at 0.4%. That is the lowest value across all 11 years on record.

That represents a change of down 59.4% over ten years.

Over the whole period, share in extreme poverty vs. poverty gap index in Mongolia peaked at 39.7% in 1998 and was at its lowest, 0.4%, in 2022.

That places Mongolia 81st out of 120 countries with data for 2022, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 30.9% 22.1% 39.7% 2
2000s 11.4% 4.0% 18.7% 2
2010s 1.9% 0.8% 3.5% 6
2020s 0.4% 0.4% 0.4% 1

Countries ranked near Mongolia

  1. 78 Austria 0.5% compare
  2. 79 Slovakia 0.5% compare
  3. 80 Latvia 0.4% compare
  4. 82 Portugal 0.4% compare
  5. 83 Israel 0.4% compare
  6. 83 United Kingdom 0.4% compare

See the full ranking of 120 places →

More poverty & inequality data for Mongolia

All data for Mongolia →

Frequently asked questions

What is share in extreme poverty vs. poverty gap index in Mongolia?
Share in extreme poverty vs. poverty gap index in Mongolia was 0.4% in 2022, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest share in extreme poverty vs. poverty gap index recorded in Mongolia?
The highest recorded value was 39.7% in 1998.
What is the lowest share in extreme poverty vs. poverty gap index recorded in Mongolia?
The lowest recorded value was 0.4% in 2022.
How does Mongolia rank for share in extreme poverty vs. poverty gap index?
Mongolia ranks 81st out of 120 countries with data for 2022.
Is share in extreme poverty vs. poverty gap index rising or falling in Mongolia?
Over the last ten years it is down 59.4%. 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 Share in extreme poverty vs. poverty gap index. Statizoid updates them automatically from the source API.

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About this data

Indicator
Share in extreme poverty vs. poverty gap index
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

Percentage of population living in households with an income or consumption below $3 per day.