Gini inequality index reduction (%) - Unconditional Cash Transfers in Mongolia

Mongolia: Gini inequality index reduction (%) - Unconditional Cash Transfers was 10.6% in 2020. β–² Rising

Latest (2020)
10.6%
Change on year
up 94.7%
World rank
3rd
of 24 countries
All-time high
10.6%
in 2020
All-time low
3.9%
in 2014
Years of data
9
2007–2020

Gini inequality index reduction (%) - Unconditional Cash Transfers in Mongolia, 2007–2020

02.557.5102007201320202007: 5.42009: 6.52010: 4.42011: 10.22012: 9.22014: 3.92016: 4.62018: 5.52020: 10.6

Source: ASPIRE.

Analysis

In 2020, gini inequality index reduction (%) - unconditional cash transfers in Mongolia stood at 10.6%. That is the highest value across all 9 years on record.

Compared with earlier readings it is up 94.7% on the previous year and up 143.2% over ten years.

Over the whole period, gini inequality index reduction (%) - unconditional cash transfers in Mongolia peaked at 10.6% in 2020 and was at its lowest, 3.9%, in 2014.

That places Mongolia 3rd out of 24 countries with data for 2020, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.0% 5.4% 6.5% 2
2010s 6.3% 3.9% 10.2% 6
2020s 10.6% 10.6% 10.6% 1

Countries ranked near Mongolia

  1. 1 Poland 15.7% compare
  2. 2 Romania 11.5% compare
  3. 4 Belarus 10.4% compare
  4. 5 Armenia 8.7% compare
  5. 6 Vietnam 7.2% compare

See the full ranking of 25 places β†’

More work & labour data for Mongolia

All data for Mongolia β†’

Frequently asked questions

What is gini inequality index reduction (%) - unconditional cash transfers in Mongolia?
Gini inequality index reduction (%) - unconditional cash transfers in Mongolia was 10.6% in 2020, according to ASPIRE.
What is the highest gini inequality index reduction (%) - unconditional cash transfers recorded in Mongolia?
The highest recorded value was 10.6% in 2020.
What is the lowest gini inequality index reduction (%) - unconditional cash transfers recorded in Mongolia?
The lowest recorded value was 3.9% in 2014.
How does Mongolia rank for gini inequality index reduction (%) - unconditional cash transfers?
Mongolia ranks 3rd out of 24 countries with data for 2020.
Is gini inequality index reduction (%) - unconditional cash transfers rising or falling in Mongolia?
Over the last ten years it is up 143.2%. 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 Gini inequality index reduction (%) - Unconditional Cash Transfers. Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gini inequality index reduction (%) - Unconditional Cash Transfers
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
25 places, 217 data points, 2004–2022
Last refreshed

Gini inequality index reduction due to Cash Transfers programs as % of pre-transfer Gini index