Share of population living in extreme poverty (2017 prices) in Mongolia

Mongolia: Share of population living in extreme poverty (2017 prices) was 0.2% in 2022. ◆ Volatile

Latest (2022)
0.2%
World rank
89th
of 119 countries
All-time high
28.4%
in 1998
All-time low
0.2%
in 2022
Years of data
11
1995–2022

Share of population living in extreme poverty (2017 prices) in Mongolia, 1995–2022

01020301995200820221995: 14.8 %1998: 28.4 %2002: 11.6 %2007: 1.7 %2010: 1.1 %2011: 0.857 %2012: 0.473 %2014: 0.328 %2016: 0.706 %2018: 0.712 %2022: 0.223 %

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

Analysis

The most recent figure for share of population living in extreme poverty (2017 prices) in Mongolia is 0.2%, measured in 2022. That is the lowest value across all 11 years on record.

The figure is down 52.8% over ten years.

Over the whole period, share of population living in extreme poverty (2017 prices) in Mongolia peaked at 28.4% in 1998 and was at its lowest, 0.2%, in 2022.

Mongolia ranks 89th of 119 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.

Share of population living in extreme poverty (2017 prices) in Mongolia, year by year

Annual values for Share of population living in extreme poverty (2017 prices) in Mongolia, 1995 to 2022.
Year % Change
1995 14.8%
1998 28.4% +92.7%
2002 11.6% -59.2%
2007 1.7% -85.4%
2010 1.1% -32.5%
2011 0.9% -25.1%
2012 0.5% -44.8%
2014 0.3% -30.8%
2016 0.7% +115.7%
2018 0.7% +0.7%
2022 0.2% -68.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 21.6% 14.8% 28.4% 2
2000s 6.7% 1.7% 11.6% 2
2010s 0.7% 0.3% 1.1% 6
2020s 0.2% 0.2% 0.2% 1

Countries ranked near Mongolia

  1. 86 Germany 0.2% compare
  2. 87 Israel 0.2% compare
  3. 88 Portugal 0.2% compare
  4. 90 Norway 0.2% compare
  5. 91 Uruguay 0.2% compare
  6. 92 Denmark 0.2% 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 (2017 prices) in Mongolia?
Share of population living in extreme poverty (2017 prices) in Mongolia was 0.2% 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 (2017 prices) recorded in Mongolia?
The highest recorded value was 28.4% in 1998.
What is the lowest share of population living in extreme poverty (2017 prices) recorded in Mongolia?
The lowest recorded value was 0.2% in 2022.
How does Mongolia rank for share of population living in extreme poverty (2017 prices)?
Mongolia ranks 89th out of 119 countries with data for 2022.
Is share of population living in extreme poverty (2017 prices) rising or falling in Mongolia?
Over the last ten years it is down 52.8%. 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 (2017 prices). Statizoid updates them automatically from the source API.

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Share of population living in extreme poverty (2017 prices) in Mongolia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Retrieved 29 August 2026, from https://poverty.statizoid.com/stat/share-of-population-living-in-extreme-poverty-2017-prices/mongolia/

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About this data

Indicator
Share of population living in extreme poverty (2017 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 $2.15 per day.