Mongolia Poverty Rate 1995-2024

Poverty headcount ratio at $5.50 a day is the percentage of the population living on less than $5.50 a day at 2011 international prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.
  • Mongolia poverty rate for 2022 was 22.10%, a 16.2% decline from 2018.
  • Mongolia poverty rate for 2018 was 38.30%, a 3.6% decline from 2016.
  • Mongolia poverty rate for 2016 was 41.90%, a 13.8% increase from 2014.
  • Mongolia poverty rate for 2014 was 28.10%, a 5.9% decline from 2012.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name % Under US $5.50 Per Day
Zambia 93.20%
Bangladesh 74.10%
Indonesia 62.60%
Kyrgyz Republic 60.10%
Georgia 47.70%
El Salvador 27.50%
Mongolia 22.10%
Vietnam 19.70%
Uzbekistan 17.30%
Bhutan 8.40%
Mongolia Poverty Rate - Historical Data
Year % Under US $5.50 Per Day Change
2022 22.10% -16.20%
2018 38.30% -3.60%
2016 41.90% 13.80%
2014 28.10% -5.90%
2012 34.00% -9.70%
2011 43.70% -5.30%
2010 49.00% -1.60%
2007 50.60% -26.50%
2002 77.10% -17.00%
1998 94.10% 14.80%
1995 79.30% 14.80%