The share and number of people living in extreme poverty in Mongolia

Mongolia: The share and number of people living in extreme poverty was 0.4% in 2022. ◆ Volatile

Latest (2022)
0.4%
World rank
81st
of 120 countries
All-time high
39.7%
in 1998
All-time low
0.4%
in 2022
Years of data
11
1995–2022

The share and number of people living in extreme poverty in Mongolia, 1995–2022

0102030401995200820221995: 22.1 %1998: 39.7 %2002: 18.7 %2007: 4 %2010: 3.5 %2011: 2.2 %2012: 1.1 %2014: 0.781 %2016: 1.9 %2018: 1.7 %2022: 0.44 %

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

Analysis

Mongolia recorded 0.4% for the share and number of people living in extreme poverty 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, the share and number of people living in extreme poverty 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.

The share and number of people living in extreme poverty in Mongolia, year by year

Annual values for The share and number of people living in extreme poverty in Mongolia, 1995 to 2022.
Year % Change
1995 22.1%
1998 39.7% +79.4%
2002 18.7% -52.9%
2007 4.0% -78.6%
2010 3.5% -12.5%
2011 2.2% -37.4%
2012 1.1% -50.6%
2014 0.8% -27.9%
2016 1.9% +148.3%
2018 1.7% -12.8%
2022 0.4% -74.0%

Averages by decade

DecadeAverage LowestHighest 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

  1. 78 Austria 0.5% compare
  2. 79 Slovakia 0.5% compare
  3. 80 Latvia 0.4% compare
  4. 82 Portugal 0.4% compare
  5. 83 Israel 0.4% compare
  6. 83 United Kingdom of Great Britain and Northern Ireland 0.4% compare

See the full ranking of 120 places →

More poverty & inequality data for Mongolia

All data for Mongolia →

Frequently asked questions

What is the share and number of people living in extreme poverty in Mongolia?
The share and number of people living in extreme poverty 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 the share and number of people living in extreme poverty recorded in Mongolia?
The highest recorded value was 39.7% in 1998.
What is the lowest the share and number of people living in extreme poverty recorded in Mongolia?
The lowest recorded value was 0.4% in 2022.
How does Mongolia rank for the share and number of people living in extreme poverty?
Mongolia ranks 81st out of 120 countries with data for 2022.
Is the share and number of people living in extreme poverty 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 The share and number of people living in extreme poverty. Statizoid updates them automatically from the source API.

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The share and number of people living in extreme poverty in Mongolia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 04 September 2026, from https://poverty.statizoid.com/stat/the-share-and-number-of-people-living-in-extreme-poverty/mongolia/

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About this data

Indicator
The share and number of people living in extreme 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, 2,148 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $3 per day.