Poverty headcount ratio at $8.30 a day (2021 PPP) in Mongolia

Mongolia: Poverty headcount ratio at $8.30 a day (2021 PPP) was 24.4% in 2022. ▼ Falling

Latest (2022)
24.4%
World rank
55th
of 123 countries
All-time high
94.8%
in 1998
All-time low
24.4%
in 2022
Years of data
11
1995–2022

Poverty headcount ratio at $8.30 a day (2021 PPP) in Mongolia, 1995–2022

204060801001995200820221995: 81.1 % of population1998: 94.8 % of population2002: 78.4 % of population2007: 53.2 % of population2010: 51.6 % of population2011: 46.6 % of population2012: 36.7 % of population2014: 30.6 % of population2016: 44.8 % of population2018: 41.2 % of population2022: 24.4 % of population

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. Measured in % of population.

Analysis

The most recent figure for poverty headcount ratio at $8.30 a day (2021 ppp) in Mongolia is 24.4%, measured in 2022. That is the lowest value across all 11 years on record.

Compared with earlier readings it is down 33.5% over ten years.

Over the whole period, poverty headcount ratio at $8.30 a day (2021 ppp) in Mongolia peaked at 94.8% in 1998 and was at its lowest, 24.4%, in 2022.

That places Mongolia 55th out of 123 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently falling across the 11 years of available data.

Poverty headcount ratio at $8.30 a day (2021 PPP) in Mongolia, year by year

Annual values for Poverty headcount ratio at $8.30 a day (2021 PPP) (% of population) in Mongolia, 1995 to 2022.
Year % of population Change
1995 81.1%
1998 94.8% +16.9%
2002 78.4% -17.3%
2007 53.2% -32.1%
2010 51.6% -3.0%
2011 46.6% -9.7%
2012 36.7% -21.2%
2014 30.6% -16.6%
2016 44.8% +46.4%
2018 41.2% -8.0%
2022 24.4% -40.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 87.9% 81.1% 94.8% 2
2000s 65.8% 53.2% 78.4% 2
2010s 41.9% 30.6% 51.6% 6
2020s 24.4% 24.4% 24.4% 1

Countries ranked near Mongolia

  1. 52 Ecuador 30.1% compare
  2. 53 El Salvador 29.9% compare
  3. 54 Palestine, State of 28.6% compare
  4. 56 Jamaica 22.9% compare
  5. 57 Viet Nam 21.5% compare
  6. 58 Mexico 21.4% compare

See the full ranking of 137 places →

More poverty & inequality data for Mongolia

All data for Mongolia →

Frequently asked questions

What is poverty headcount ratio at $8.30 a day (2021 ppp) in Mongolia?
Poverty headcount ratio at $8.30 a day (2021 ppp) in Mongolia was 24.4% 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 poverty headcount ratio at $8.30 a day (2021 ppp) recorded in Mongolia?
The highest recorded value was 94.8% in 1998.
What is the lowest poverty headcount ratio at $8.30 a day (2021 ppp) recorded in Mongolia?
The lowest recorded value was 24.4% in 2022.
How does Mongolia rank for poverty headcount ratio at $8.30 a day (2021 ppp)?
Mongolia ranks 55th out of 123 countries with data for 2022.
Is poverty headcount ratio at $8.30 a day (2021 ppp) rising or falling in Mongolia?
Over the last ten years it is down 33.5%. The long-run trend across the full record is falling.
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 Poverty headcount ratio at $8.30 a day (2021 PPP) (% of population). Statizoid updates them automatically from the source API.

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Poverty headcount ratio at $8.30 a day (2021 PPP) in Mongolia. Statizoid, drawing on 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. Retrieved 05 September 2026, from https://poverty.statizoid.com/stat/poverty-headcount-ratio-at-8-30-a-day-2021-ppp-percent-of-population/mongolia/

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About this data

Indicator
Poverty headcount ratio at $8.30 a day (2021 PPP) (% of population)
Unit
% of population
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
137 places, 2,872 data points, 1963–2025
Last refreshed

Poverty headcount ratio at $8.30 a day is the percentage of the population living on less than $8.30 a day at 2021 international prices.