Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Mongolia
Mongolia: Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private was 28.8% in 2020. ▲ Rising
Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Mongolia, 2007–2020
Source: ASPIRE.
Analysis
Mongolia recorded 28.8% for adequacy of benefits in 5th quintile (richest) (%) - domestic private in 2020. That is the highest value across all 9 years on record.
That represents a change of up 11.0% on the previous year and up 70.7% over ten years.
Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - domestic private in Mongolia peaked at 28.8% in 2020 and was at its lowest, 8.7%, in 2009.
That places Mongolia 6th out of 31 countries with data for 2020, putting it in the top quarter.
Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 11.2% | — |
| 2009 | 8.7% | -21.8% |
| 2010 | 16.9% | +93.4% |
| 2011 | 15.0% | -11.1% |
| 2012 | 14.5% | -3.5% |
| 2014 | 23.3% | +60.8% |
| 2016 | 21.0% | -9.7% |
| 2018 | 26.0% | +23.5% |
| 2020 | 28.8% | +11.0% |
Mongolia compared with similar countries
- Mongolia's 28.8% is above the median for upper middle income countries, which is 17.4%, 1.7× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.9% | 8.7% | 11.2% | 2 |
| 2010s | 19.4% | 14.5% | 26.0% | 6 |
| 2020s | 28.8% | 28.8% | 28.8% | 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 28.8% 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 28.8% in 2020.
- What is the lowest adequacy of benefits in 5th quintile (richest) (%) - domestic private recorded in Mongolia?
- The lowest recorded value was 8.7% in 2009.
- How does Mongolia rank for adequacy of benefits in 5th quintile (richest) (%) - domestic private?
- Mongolia ranks 6th 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 70.7%. 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 -urban. 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