Poverty: Share of population living on less than $8.30 a day in Mongolia

Mongolia: Poverty: Share of population living on less than $8.30 a day was 24.4% in 2022. ▼ Falling

Latest (2022)
24.4%
World rank
53rd
of 120 countries
All-time high
94.8%
in 1998
All-time low
24.4%
in 2022
Years of data
11
1995–2022

Poverty: Share of population living on less than $8.30 a day in Mongolia, 1995–2022

204060801001995200820221995: 81.1 %1998: 94.8 %2002: 78.4 %2007: 53.2 %2010: 51.6 %2011: 46.6 %2012: 36.7 %2014: 30.6 %2016: 44.8 %2018: 41.2 %2022: 24.4 %

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

Analysis

Mongolia recorded 24.4% for poverty: share of population living on less than $8.30 a day in 2022. That is the lowest value across all 11 years on record.

The figure is down 33.5% over ten years.

Over the whole period, poverty: share of population living on less than $8.30 a day in Mongolia peaked at 94.8% in 1998 and was at its lowest, 24.4%, in 2022.

Mongolia ranks 53rd of 120 countries on this measure, in the middle of the range.

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

Poverty: Share of population living on less than $8.30 a day in Mongolia, year by year

Annual values for Poverty: Share of population living on less than $8.30 a day in Mongolia, 1995 to 2022.
Year % Change
1995 81.1% —
1998 94.8% +16.9%
2002 78.4% -17.3%
2007 53.2% -32.1%
2010 51.6% -3.1%
2011 46.6% -9.7%
2012 36.7% -21.1%
2014 30.6% -16.7%
2016 44.8% +46.3%
2018 41.2% -8.1%
2022 24.4% -40.7%

Mongolia compared with similar countries

  • Mongolia's 24.4% is above the median for upper middle income countries, which is 21.4%, 1.1× the median. (35 countries reporting)
  • Mongolia's 24.4% is above the median for East Asia & Pacific, which is 21.3%, 1.1× the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 88.0% 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. 50 Ecuador 30.1% compare
  2. 51 El Salvador 29.9% compare
  3. 52 Palestine 28.6% compare
  4. 54 Jamaica 22.9% compare
  5. 55 Vietnam 21.5% compare
  6. 56 Moldova 21.4% 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 $8.30 a day in Mongolia?
Poverty: share of population living on less than $8.30 a day in Mongolia was 24.4% 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 $8.30 a day recorded in Mongolia?
The highest recorded value was 94.8% in 1998.
What is the lowest poverty: share of population living on less than $8.30 a day recorded in Mongolia?
The lowest recorded value was 24.4% in 2022.
How does Mongolia rank for poverty: share of population living on less than $8.30 a day?
Mongolia ranks 53rd out of 120 countries with data for 2022.
Is poverty: share of population living on less than $8.30 a day 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 (2026) – with major processing by Our World in Data, published as part of Poverty: Share of population living on less than $8.30 a day. Statizoid updates them automatically from the source API.

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Poverty: Share of population living on less than $8.30 a day in Mongolia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://poverty.statizoid.com/stat/share-living-with-less-than-upper-middle-income-poverty-line/mongolia/

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About this data

Indicator
Poverty: Share of population living on less than $8.30 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, 2,152 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $8.30 per day.