Income share of the richest 20% — all countries

Income share of the richest 20% — Mongolia

Income share of the richest 20% in Mongolia in 2022 — 39.8%. Ranked 24 in the world out of 73. Since 1995, the indicator has fallen by 1 pp.

2022 39.8% −1.1 pp vs 2018
World rank 24of 73
Period maximum 43.4%2007
Period minimum 38.2%1998

Trend over time

1995–2022 · % of income

Income share of the richest 20% — Mongolia, 1995–20223840424419951998200120042007201020132016201920221995: 40.8%1998: 38.2%2002: 40.5%2007: 43.4%2010: 41.1%2011: 42%2012: 41.7%2014: 40.3%2016: 40.6%2018: 40.9%2022: 39.8%
Change over the period: −1 pp Annual average: -0.04 pp
Income share of the richest 20% — Mongolia, by year Mongolia All countries CSV XLSX
Year % Change, pp
2022 39.8
2018 40.9
2016 40.6
2014 40.3
2012 41.7 −0.3 pp
2011 42 +0.9 pp
2010 41.1
2007 43.4
2002 40.5
1998 38.2
1995 40.8

Eastern Asia, 2022

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

MN Mongolia 39.8 CN China 43.7

About the indicator

The share of total income or consumption that goes to the richest twenty percent of the population. Under complete equality it would be twenty percent; in the most unequal countries of Latin America and Southern Africa it comes to more than sixty. The ratio of this share to the share of the poorest quintile — the quintile ratio, S80/S20 — was historically the first measure of inequality, and it speaks more clearly than the Gini index about the gap between the poles.

Important: There are no aggregates for country groups for the same reason as with the Gini index: the quintile of a group is not a union of national quintiles. Household surveys systematically understate the incomes of the richest, so real inequality is higher than measured.

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