Share of population living in extreme poverty (2011 prices) in Mongolia

Mongolia: Share of population living in extreme poverty (2011 prices) was 0.1% in 2022. ◆ Volatile

Latest (2022)
0.1%
World rank
91st
of 119 countries
All-time high
24.4%
in 1998
All-time low
0.1%
in 2022
Years of data
11
1995–2022

Share of population living in extreme poverty (2011 prices) in Mongolia, 1995–2022

05101520251995200820221995: 12.1 %1998: 24.4 %2002: 9.5 %2007: 1.2 %2010: 0.732 %2011: 0.505 %2012: 0.353 %2014: 0.211 %2016: 0.47 %2018: 0.495 %2022: 0.145 %

Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Measured in %.

Analysis

Mongolia recorded 0.1% for share of population living in extreme poverty (2011 prices) in 2022. That is the lowest value across all 11 years on record.

The figure is down 58.9% over ten years.

Over the whole period, share of population living in extreme poverty (2011 prices) in Mongolia peaked at 24.4% in 1998 and was at its lowest, 0.1%, in 2022.

Mongolia ranks 91st of 119 countries on this measure, in the bottom quarter.

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

Share of population living in extreme poverty (2011 prices) in Mongolia, year by year

Annual values for Share of population living in extreme poverty (2011 prices) in Mongolia, 1995 to 2022.
Year % Change
1995 12.1% —
1998 24.4% +102.0%
2002 9.5% -61.2%
2007 1.2% -87.2%
2010 0.7% -39.6%
2011 0.5% -31.1%
2012 0.4% -30.1%
2014 0.2% -40.2%
2016 0.5% +123.0%
2018 0.5% +5.2%
2022 0.1% -70.7%

Mongolia compared with similar countries

  • Mongolia's 0.1% is below the median for upper middle income countries, which is 1.1%, 13% of the median. (35 countries reporting)
  • Mongolia's 0.1% is below the median for East Asia & Pacific, which is 0.3%, 45% of the median. (10 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 18.3% 12.1% 24.4% 2
2000s 5.3% 1.2% 9.5% 2
2010s 0.5% 0.2% 0.7% 6
2020s 0.1% 0.1% 0.1% 1

Countries ranked near Mongolia

  1. 88 Malta 0.2% compare
  2. 89 Norway 0.2% compare
  3. 90 Denmark 0.2% compare
  4. 92 Uruguay 0.1% compare
  5. 93 Jordan 0.1% compare
  6. 94 Poland 0.1% compare

See the full ranking of 119 places →

More poverty & inequality data for Mongolia

All data for Mongolia →

Frequently asked questions

What is share of population living in extreme poverty (2011 prices) in Mongolia?
Share of population living in extreme poverty (2011 prices) in Mongolia was 0.1% in 2022, according to World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data.
What is the highest share of population living in extreme poverty (2011 prices) recorded in Mongolia?
The highest recorded value was 24.4% in 1998.
What is the lowest share of population living in extreme poverty (2011 prices) recorded in Mongolia?
The lowest recorded value was 0.1% in 2022.
How does Mongolia rank for share of population living in extreme poverty (2011 prices)?
Mongolia ranks 91st out of 119 countries with data for 2022.
Is share of population living in extreme poverty (2011 prices) rising or falling in Mongolia?
Over the last ten years it is down 58.9%. 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 (2024) – with major processing by Our World in Data, published as part of Share of population living in extreme poverty (2011 prices). Statizoid updates them automatically from the source API.

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Share of population living in extreme poverty (2011 prices) in Mongolia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://poverty.statizoid.com/stat/share-of-population-in-extreme-poverty-2011-ppp/mongolia/

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About this data

Indicator
Share of population living in extreme poverty (2011 prices)
Unit
%
Source
World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
119 places, 2,016 data points, 1963–2023
Last refreshed

Percentage of population living in households with an income or consumption below $1.90 per day.