Poverty at $6.85 a day — all countries

Poverty at $6.85 a day — Mongolia

Poverty at $6.85 a day in Mongolia in 2022 — 24.4%. Ranked 46 in the world out of 73. Since 1995, the indicator has fallen by 56.7 pp.

2022 24.4% −16.8 pp vs 2018
World rank 46of 73
Period maximum 94.8%1998
Period minimum 24.4%2022

Trend over time

1995–2022 · % of population

Poverty at $6.85 a day — Mongolia, 1995–2022025507510019951998200120042007201020132016201920221995: 81.1%1998: 94.8%2002: 78.4%2007: 53.2%2010: 51.6%2011: 46.6%2012: 36.7%2014: 30.6%2016: 44.8%2018: 41.2%2022: 24.4%
Change over the period: −56.7 pp Annual average: -2.1 pp

Comparison, 2022

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

Mongolia 24.4%
World 48.3%
Poverty at $6.85 a day — Mongolia, by year Mongolia All countries CSV XLSX
Year % Change, pp
2022 24.4
2018 41.2
2016 44.8
2014 30.6
2012 36.7 −9.9 pp
2011 46.6 −5 pp
2010 51.6
2007 53.2
2002 78.4
1998 94.8
1995 81.1

Eastern Asia, 2022

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

CN China 21.3 MN Mongolia 24.4

About the indicator

The share of the population whose consumption falls below $6.85 a day at 2017 purchasing power parity — the highest of the three international lines of the World Bank. It is this line that shows how much more modest the fall in world poverty looks than the extreme line suggests: nearly half the population of the planet lives below this level, and over recent decades that share has been falling more slowly than the share of the destitute.

Important: It matches the typical national poverty lines of upper-middle-income countries. For rich countries even this line is low — there poverty is measured relative to median income rather than by an absolute amount.

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