Mongolia: Poverty at 5.50 USD per day
* indicates monthly or quarterly data series
| Mongolia |
Poverty ratio, percent living on less than 5.50 USD a day |
|---|---|
| Latest value | 22.10 |
| Year | 2022 |
| Measure | percent |
| Data availability | 1995 - 2022 |
| Average | 50.75 |
| Min - Max | 22.10 - 94.10 |
| Source | The World Bank |
The latest value from 2022 is 22.1 percent, a decline from 38.3 percent in 2018. In comparison, the world average is 34.08 percent, based on data from 24 countries. Historically, the average for Mongolia from 1995 to 2022 is 50.75 percent. The minimum value, 22.1 percent, was reached in 2022 while the maximum of 94.1 percent was recorded in 1998.
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* indicates monthly or quarterly data series
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Definition: Poverty headcount ratio at $6.85 a day is the percentage of the population living on less than $6.85 a day at 2017 international prices.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Gini inequality index | 31.40 | 2022 | index points |
| Poverty ratio | 27.80 | 2020 | percent |
| Poverty at 1.90 USD per day | 0.20 | 2022 | percent |
| Poverty at 5.50 USD per day | 22.10 | 2022 | percent |
| Top 10 percent income share | 24.60 | 2022 | percent |