Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Mongolia
Mongolia: Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private was 26.3% in 2020. ▲ Rising
Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Mongolia, 2007–2020
Source: ASPIRE. Measured in preT.
Analysis
In 2020, adequacy of benefits in 5th quintile (richest) (%) - domestic private in Mongolia stood at 26.3%. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 17.5% on the previous year and up 76.7% over ten years.
Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - domestic private in Mongolia peaked at 26.3% in 2020 and was at its lowest, 12.0%, in 2007.
Mongolia ranks 5th of 31 countries on this measure, in the top quarter.
Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Mongolia, year by year
| Year | preT | Change |
|---|---|---|
| 2007 | 12.0% | — |
| 2009 | 13.7% | +13.6% |
| 2010 | 14.9% | +8.8% |
| 2011 | 14.4% | -3.1% |
| 2012 | 13.1% | -9.0% |
| 2014 | 21.3% | +62.7% |
| 2016 | 20.9% | -2.0% |
| 2018 | 22.4% | +6.9% |
| 2020 | 26.3% | +17.5% |
Mongolia compared with similar countries
- Mongolia's 26.3% is above the median for upper middle income countries, which is 18.0%, 1.5× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.8% | 12.0% | 13.7% | 2 |
| 2010s | 17.8% | 13.1% | 22.4% | 6 |
| 2020s | 26.3% | 26.3% | 26.3% | 1 |
Countries ranked near Mongolia
More work & labour data for Mongolia
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.1039 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.1076 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.0999 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.07 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.05 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 3,167 1000 No (2050)
- Population - Est. & Proj. — Rural population 908.11 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,756 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,763 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,519 1000 No (2100)
Frequently asked questions
- What is adequacy of benefits in 5th quintile (richest) (%) - domestic private in Mongolia?
- Adequacy of benefits in 5th quintile (richest) (%) - domestic private in Mongolia was 26.3% in 2020, according to ASPIRE.
- What is the highest adequacy of benefits in 5th quintile (richest) (%) - domestic private recorded in Mongolia?
- The highest recorded value was 26.3% in 2020.
- What is the lowest adequacy of benefits in 5th quintile (richest) (%) - domestic private recorded in Mongolia?
- The lowest recorded value was 12.0% in 2007.
- How does Mongolia rank for adequacy of benefits in 5th quintile (richest) (%) - domestic private?
- Mongolia ranks 5th out of 31 countries with data for 2020.
- Is adequacy of benefits in 5th quintile (richest) (%) - domestic private rising or falling in Mongolia?
- Over the last ten years it is up 76.7%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from ASPIRE, published as part of Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private Transfers (preT). Statizoid updates them automatically from the source API.
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About this data
Total transfer amount received by all beneficiaries in a population group as a share of the total welfare of beneficiaries in that group