Benefit-cost ratio - All Social Insurance -1st quintile in Mongolia
Mongolia: Benefit-cost ratio - All Social Insurance -1st quintile was 0.3213 poorest in 2020. ▲ Rising
Benefit-cost ratio - All Social Insurance -1st quintile in Mongolia, 2007–2020
Source: ASPIRE. Measured in poorest.
Analysis
Mongolia recorded 0.3213 poorest for benefit-cost ratio - all social insurance -1st quintile in 2020. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 12.2% on the previous year and up 16.5% over ten years.
Over the whole period, benefit-cost ratio - all social insurance -1st quintile in Mongolia peaked at 0.3213 poorest in 2020 and was at its lowest, 0.2665 poorest, in 2011.
Mongolia ranks 12th of 34 countries on this measure, in the middle of the range.
Benefit-cost ratio - All Social Insurance -1st quintile in Mongolia, year by year
| Year | poorest | Change |
|---|---|---|
| 2007 | 0.273 poorest | — |
| 2009 | 0.305 poorest | +11.7% |
| 2010 | 0.2757 poorest | -9.6% |
| 2011 | 0.2665 poorest | -3.3% |
| 2012 | 0.2791 poorest | +4.7% |
| 2014 | 0.3007 poorest | +7.8% |
| 2016 | 0.3165 poorest | +5.2% |
| 2018 | 0.2863 poorest | -9.5% |
| 2020 | 0.3213 poorest | +12.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.289 poorest | 0.273 poorest | 0.305 poorest | 2 |
| 2010s | 0.2875 poorest | 0.2665 poorest | 0.3165 poorest | 6 |
| 2020s | 0.3213 poorest | 0.3213 poorest | 0.3213 poorest | 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 in Mongolia?
- Benefit-cost ratio - all social insurance -1st quintile in Mongolia was 0.3213 poorest in 2020, according to ASPIRE.
- What is the highest benefit-cost ratio - all social insurance -1st quintile recorded in Mongolia?
- The highest recorded value was 0.3213 poorest in 2020.
- What is the lowest benefit-cost ratio - all social insurance -1st quintile recorded in Mongolia?
- The lowest recorded value was 0.2665 poorest in 2011.
- How does Mongolia rank for benefit-cost ratio - all social insurance -1st quintile?
- Mongolia ranks 12th out of 34 countries with data for 2020.
- Is benefit-cost ratio - all social insurance -1st quintile rising or falling in Mongolia?
- Over the last ten years it is up 16.5%. 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). Statizoid updates them automatically from the source API.
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CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Poverty gap reduction obtained for each $1 spent in Social Insurance programs (%)