Extreme monetary poverty and multidimensional poverty over time in Mongolia
Mongolia: Extreme monetary poverty and multidimensional poverty over time was 0.4% in 2022. ◆ Volatile
Extreme monetary poverty and multidimensional poverty over time in Mongolia, 1995–2022
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for extreme monetary poverty and multidimensional poverty over time in Mongolia is 0.4%, measured in 2022. 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, extreme monetary poverty and multidimensional poverty over time in Mongolia peaked at 39.7% in 1998 and was at its lowest, 0.4%, in 2022.
Mongolia ranks 81st of 120 countries on this measure, 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
| Decade | Average | Lowest | Highest | 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
More poverty & inequality data for Mongolia
- Number of income/consumption surveys in the past decade available via the World Bank 3 surveys (2025)
- Fertility rate vs. share living in extreme poverty 2.69 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 1,296 kg per hectare (2023)
- Tax revenue as share of GDP vs. income inequality 31.3% (2022)
- Gender Inequality Index 0.284 (2023)
- Share of government consumption in GDP vs. share of population living in extreme poverty 29.0% (2023)
- Lifespan inequality: Gini coefficient in women 0.1052 (2023)
- Lifespan inequality: Gini coefficient by sex 0.1052 (2023)
- Lifespan inequality: Gini coefficient in men 0.141 (2023)
- Income inequality: Atkinson index 0.1919 (2023)
Frequently asked questions
- What is extreme monetary poverty and multidimensional poverty over time in Mongolia?
- Extreme monetary poverty and multidimensional poverty over time 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 extreme monetary poverty and multidimensional poverty over time recorded in Mongolia?
- The highest recorded value was 39.7% in 1998.
- What is the lowest extreme monetary poverty and multidimensional poverty over time recorded in Mongolia?
- The lowest recorded value was 0.4% in 2022.
- How does Mongolia rank for extreme monetary poverty and multidimensional poverty over time?
- Mongolia ranks 81st out of 120 countries with data for 2022.
- Is extreme monetary poverty and multidimensional poverty over time 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 Extreme monetary poverty and multidimensional poverty over time. 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
Percentage of population living in households with an income or consumption below $3 per day.