Poverty: Share of population living on less than $40 a day in Mongolia

Mongolia: Poverty: Share of population living on less than $40 a day was 97.9% in 2022. ▬ Flat

Latest (2022)
97.9%
World rank
44th
of 120 countries
All-time high
100.0%
in 1995
All-time low
97.9%
in 2022
Years of data
11
1995–2022

Poverty: Share of population living on less than $40 a day in Mongolia, 1995–2022

0204060801001995200820221995: 100 %1998: 100 %2002: 99.9 %2007: 99 %2010: 99.4 %2011: 99 %2012: 98.3 %2014: 98.4 %2016: 99.1 %2018: 98.9 %2022: 97.9 %

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

Analysis

In 2022, poverty: share of population living on less than $40 a day in Mongolia stood at 97.9%. That is the lowest value across all 11 years on record.

The figure is down 0.4% over ten years.

Over the whole period, poverty: share of population living on less than $40 a day in Mongolia peaked at 100.0% in 1995 and was at its lowest, 97.9%, in 2022.

Mongolia ranks 44th of 120 countries on this measure, in the middle of the range.

Poverty: Share of population living on less than $40 a day in Mongolia, year by year

Annual values for Poverty: Share of population living on less than $40 a day in Mongolia, 1995 to 2022.
Year % Change
1995 100.0%
1998 100.0% +0.0%
2002 99.9% -0.1%
2007 99.0% -0.9%
2010 99.4% +0.4%
2011 99.0% -0.5%
2012 98.3% -0.6%
2014 98.4% +0.1%
2016 99.1% +0.6%
2018 98.9% -0.2%
2022 97.9% -1.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 100.0% 100.0% 100.0% 2
2000s 99.5% 99.0% 99.9% 2
2010s 98.9% 98.3% 99.4% 6
2020s 97.9% 97.9% 97.9% 1

Countries ranked near Mongolia

  1. 41 Albania 98.3% compare
  2. 42 Sri Lanka 98.2% compare
  3. 43 Iran 98.0% compare
  4. 45 Kazakhstan 97.5% compare
  5. 46 Honduras 97.3% compare
  6. 47 Morocco 97.2% compare

See the full ranking of 120 places →

More poverty & inequality data for Mongolia

All data for Mongolia →

Frequently asked questions

What is poverty: share of population living on less than $40 a day in Mongolia?
Poverty: share of population living on less than $40 a day in Mongolia was 97.9% in 2022, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest poverty: share of population living on less than $40 a day recorded in Mongolia?
The highest recorded value was 100.0% in 1995.
What is the lowest poverty: share of population living on less than $40 a day recorded in Mongolia?
The lowest recorded value was 97.9% in 2022.
How does Mongolia rank for poverty: share of population living on less than $40 a day?
Mongolia ranks 44th out of 120 countries with data for 2022.
Is poverty: share of population living on less than $40 a day rising or falling in Mongolia?
Over the last ten years it is down 0.4%. The long-run trend across the full record is flat.
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: Share of population living on less than $40 a day. Statizoid updates them automatically from the source API.

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Poverty: Share of population living on less than $40 a day in Mongolia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 29 August 2026, from https://poverty.statizoid.com/stat/poverty-share-of-population-living-on-less-than-40-a-day/mongolia/

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About this data

Indicator
Poverty: Share of population living on less than $40 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

Percentage of population living in households with an income or consumption below $40 per day.