Extreme poverty rate — all countries

Extreme poverty rate — Mongolia

Extreme poverty rate in Mongolia in 2022 — 0.4%. Ranked 22 in the world out of 73. Since 1995, the indicator has fallen by 21.7 pp.

2022 0.4% −1.3 pp vs 2018
World rank 22of 73
Period maximum 39.7%1998
Period minimum 0.4%2022

Trend over time

1995–2022 · % of population

Extreme poverty rate — Mongolia, 1995–202201020304019951998200120042007201020132016201920221995: 22.1%1998: 39.7%2002: 18.7%2007: 4%2010: 3.5%2011: 2.2%2012: 1.1%2014: 0.8%2016: 1.9%2018: 1.7%2022: 0.4%
Change over the period: −21.7 pp Annual average: -0.8 pp

Comparison, 2022

How the value compares with the world and the groups this territory belongs to: Mongolia

Mongolia 0.4%
World 10.9%
Extreme poverty rate — Mongolia, by year Mongolia All countries CSV XLSX
Year % Change, pp
2022 0.4
2018 1.7
2016 1.9
2014 0.8
2012 1.1 −1.1 pp
2011 2.2 −1.3 pp
2010 3.5
2007 4
2002 18.7
1998 39.7
1995 22.1

Eastern Asia, 2022

The same indicator for neighboring countries — with links to their pages

CN China 0 MN Mongolia 0.4

About the indicator

The share of the population whose consumption or income falls below the international extreme poverty line — $2.15 a day in 2017 prices at purchasing power parity. This is the very indicator by which the first UN Sustainable Development Goal is tracked. The line is revised as the PPP conversion factors are updated, so historical values are recalculated retrospectively.

Important: The estimates are built on household surveys held once every few years; between surveys the values are interpolated.

Source: World Development Indicators (World Bank), license CC BY 4.0.