Benefit-cost ratio - All Social Insurance -1st quintile (poorest) in Mongolia
Mongolia: Benefit-cost ratio - All Social Insurance -1st quintile (poorest) was 0.3591 in 2020. ▲ Rising
Benefit-cost ratio - All Social Insurance -1st quintile (poorest) in Mongolia, 2007–2020
Source: ASPIRE.
Analysis
In 2020, benefit-cost ratio - all social insurance -1st quintile (poorest) in Mongolia stood at 0.3591. That is the highest value across all 9 years on record.
That represents a change of up 14.1% on the previous year and up 31.9% over ten years.
Over the whole period, benefit-cost ratio - all social insurance -1st quintile (poorest) in Mongolia peaked at 0.3591 in 2020 and was at its lowest, 0.2531, in 2011.
That places Mongolia 11th out of 31 countries with data for 2020, putting it in the middle of the range.
Benefit-cost ratio - All Social Insurance -1st quintile (poorest) in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 0.2908 | — |
| 2009 | 0.3281 | +12.8% |
| 2010 | 0.2722 | -17.0% |
| 2011 | 0.2531 | -7.0% |
| 2012 | 0.2959 | +16.9% |
| 2014 | 0.3095 | +4.6% |
| 2016 | 0.3194 | +3.2% |
| 2018 | 0.3146 | -1.5% |
| 2020 | 0.3591 | +14.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3094 | 0.2908 | 0.3281 | 2 |
| 2010s | 0.2941 | 0.2531 | 0.3194 | 6 |
| 2020s | 0.3591 | 0.3591 | 0.3591 | 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 benefit-cost ratio - all social insurance -1st quintile (poorest) in Mongolia?
- Benefit-cost ratio - all social insurance -1st quintile (poorest) in Mongolia was 0.3591 in 2020, according to ASPIRE.
- What is the highest benefit-cost ratio - all social insurance -1st quintile (poorest) recorded in Mongolia?
- The highest recorded value was 0.3591 in 2020.
- What is the lowest benefit-cost ratio - all social insurance -1st quintile (poorest) recorded in Mongolia?
- The lowest recorded value was 0.2531 in 2011.
- How does Mongolia rank for benefit-cost ratio - all social insurance -1st quintile (poorest)?
- Mongolia ranks 11th out of 31 countries with data for 2020.
- Is benefit-cost ratio - all social insurance -1st quintile (poorest) rising or falling in Mongolia?
- Over the last ten years it is up 31.9%. 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 Benefit-cost ratio - All Social Insurance -1st quintile (poorest) -rural. Statizoid updates them automatically from the source API.
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About this data
Poverty gap reduction obtained for each $1 spent in Social Insurance programs (%)