Mongolia Poverty Rate 1995-2023

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 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.
  • Mongolia poverty rate for 2012 was 34.00%, a 9.7% decline from 2011.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name % Under US $5.50 Per Day
Nigeria 90.80%
Pakistan 84.50%
India 82.60%
Angola 78.00%
Lao PDR 70.50%
Kyrgyz Republic 66.10%
Indonesia 62.80%
Georgia 53.90%
Philippines 53.40%
Honduras 51.30%
Mongolia 38.30%
El Salvador 33.00%
Vietnam 22.20%
Bolivia 19.10%
Moldova 14.60%
Ukraine 9.40%
Mongolia Poverty Rate - Historical Data
Year % Under US $5.50 Per Day Change
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% -26.40%
2002 77.00% -17.10%
1998 94.10% 14.80%
1995 79.30% 14.80%