Share of population living on less than $4.20 per day vs. share in Mongolia

Mongolia: Share of population living on less than $4.20 per day vs. share was 2.3% in 2022. ◆ Volatile

Latest (2022)
2.3%
World rank
63rd
of 120 countries
All-time high
64.8%
in 1998
All-time low
2.3%
in 2022
Years of data
11
1995–2022

Share of population living on less than $4.20 per day vs. share in multidimensional poverty in Mongolia, 1995–2022

02040601995200820221995: 40.4 %1998: 64.8 %2002: 37 %2007: 14.4 %2010: 12.1 %2011: 8.5 %2012: 5.6 %2014: 4 %2016: 8.1 %2018: 6.7 %2022: 2.3 %

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

Analysis

The most recent figure for share of population living on less than $4.20 per day vs. share in multidimensional poverty in Mongolia is 2.3%, measured in 2022. That is the lowest value across all 11 years on record.

That represents a change of down 59.7% over ten years.

Over the whole period, share of population living on less than $4.20 per day vs. share in multidimensional poverty in Mongolia peaked at 64.8% in 1998 and was at its lowest, 2.3%, in 2022.

Mongolia ranks 63rd 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.

Share of population living on less than $4.20 per day vs. share in Mongolia, year by year

Annual values for Share of population living on less than $4.20 per day vs. share in multidimensional poverty in Mongolia, 1995 to 2022.
Year % Change
1995 40.4% —
1998 64.8% +60.4%
2002 37.0% -42.9%
2007 14.4% -61.2%
2010 12.1% -15.4%
2011 8.5% -29.7%
2012 5.6% -33.9%
2014 4.0% -29.7%
2016 8.1% +105.0%
2018 6.7% -17.6%
2022 2.3% -66.1%

Mongolia compared with similar countries

  • Mongolia's 2.3% is below the median for upper middle income countries, which is 4.2%, 55% of the median. (35 countries reporting)
  • Mongolia's 2.3% is above the median for East Asia & Pacific, which is 1.6%, 1.4× the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 52.6% 40.4% 64.8% 2
2000s 25.7% 14.4% 37.0% 2
2010s 7.5% 4.0% 12.1% 6
2020s 2.3% 2.3% 2.3% 1

Countries ranked near Mongolia

  1. 60 Montenegro 4.0% compare
  2. 61 Uzbekistan 4.0%
  3. 62 Tunisia 2.4% compare
  4. 64 Albania 2.1% compare
  5. 65 Serbia 2.1% compare
  6. 66 Dominican Republic 2.0% compare

See the full ranking of 120 places →

More poverty & inequality data for Mongolia

All data for Mongolia →

Frequently asked questions

What is share of population living on less than $4.20 per day vs. share in multidimensional poverty in Mongolia?
Share of population living on less than $4.20 per day vs. share in multidimensional poverty in Mongolia was 2.3% in 2022, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest share of population living on less than $4.20 per day vs. share in multidimensional poverty recorded in Mongolia?
The highest recorded value was 64.8% in 1998.
What is the lowest share of population living on less than $4.20 per day vs. share in multidimensional poverty recorded in Mongolia?
The lowest recorded value was 2.3% in 2022.
How does Mongolia rank for share of population living on less than $4.20 per day vs. share in multidimensional poverty?
Mongolia ranks 63rd out of 120 countries with data for 2022.
Is share of population living on less than $4.20 per day vs. share in multidimensional poverty rising or falling in Mongolia?
Over the last ten years it is down 59.7%. 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 Share of population living on less than $4.20 per day vs. share in multidimensional poverty. Statizoid updates them automatically from the source API.

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Share of population living on less than $4.20 per day vs. share in multidimensional poverty in Mongolia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 08 November 2026, from https://poverty.statizoid.com/stat/share-poverty-lower-middle-income-vs-share-mpi-poor/mongolia/

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About this data

Indicator
Share of population living on less than $4.20 per day vs. share in multidimensional poverty
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 $4.20 per day.