Mongolia: Gini inequality index

* indicates monthly or quarterly data series

Gini income inequality index

 Latest value 32.70
 Year 2018
 Measure index points
 Data availability 1995 - 2018
 Average 33.00
 Min - Max 30.30 - 35.80
 Source The World Bank
For that indicator, we provide data for Mongolia from 1995 to 2018. The average value for Mongolia during that period was 33 index points with a minimum of 30.3 index points in 1998 and a maximum of 35.8 index points in 2007. The latest value from 2018 is 32.7 index points. For comparison, the world average in 2018 based on 88 countries is 35.71 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Mongolia - Gini inequality index - Recent values chart

Historical chart
Mongolia - Gini inequality index - historical chart - 1995-2018

Definition: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.

 Related indicators Latest value Reference Measure
 Gini inequality index 32.70 2018 index points
 Poverty ratio 27.80 2020 percent
 Poverty at 1.90 USD per day 0.70 2018 percent
 Poverty at 5.50 USD per day 38.30 2018 percent
 Top 10 percent income share 25.70 2018 percent
This site uses cookies.
Learn more here