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Mongolia Poverty Rate

Poverty headcount ratio at $2.15/day  SI.POV.DDAY

Mongolia's poverty rate was 0.81% in 2025, ranked 35th globally. This represents a 102.0% increase from 2024. Data from World Bank, covering 1995–2025.

0.81% +0.41pp (+102.0%)
Year 2025 Rank #35 Global Peak 39.70% (1998) Source World Bank

Mongolia Poverty Rate (1995–2025)

Overview

Mongolia's poverty rate stood at 0.81% in 2025, a rise of +0.41pp from 2022. Based on recent trends, this figure is projected to reach 0.81% by 2025. Mongolia ranked 35th globally.

Mongolia’s poverty rate has fallen dramatically from a high of 39.70 % in 1998 to just 0.81 % in 2025, placing the country 35th globally and just above Bulgaria’s 0.80 % and below the Dominican Republic’s 0.84 % in the same year. The steep decline began in the late 1990s, accelerated through the early 2000s, and reached an all‑time trough of 0.40 % in 2022 before a modest rise to the current level. Over the 12‑year coverage period, the share of the population living below the national poverty line has been reduced by more than 99 % in absolute terms, reflecting sustained economic growth, diversification of mining revenues, and targeted social safety programs. Continued investment in rural infrastructure and the expansion of social protection schemes will be crucial to prevent any reversal and to push the poverty rate further toward zero in the coming years.

Data & projection

Year Poverty Rate YoY change Rank
2025* trend 0.81% - -
2025 0.81% +0.41pp #35
2022 0.40% −1.30pp #23
2018 1.70% −0.20pp #54
2016 1.90% +1.10pp #49
2014 0.80% −0.30pp #32
2012 1.10% −1.10pp #39
2011 2.20% −1.30pp #50
2010 3.50% −0.50pp #54
2007 4.00% −14.70pp #47
2002 18.70% −21.00pp #42
1998 39.70% +17.60pp #43
1995 22.10% – #38
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +44.6% GDP growth 7.4% C/A balance 0.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Mongolia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw poverty rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Mongolia's poverty rate?▾

Mongolia's poverty rate was 0.81% in 2025. Ranked 35th globally. This represents a 102.0% increase from the previous year.

What was the highest poverty rate in Mongolia?▾

Mongolia's poverty rate peaked at 39.70% in 1998.

What was the lowest poverty rate in Mongolia?▾

The lowest poverty rate in Mongolia was 0.40% in 2022.

How does Mongolia rank in poverty rate?▾

Mongolia ranks 35th globally in poverty rate as of 2025.

What is the World Bank indicator code for poverty rate?▾

The World Bank indicator code is SI.POV.DDAY. Data sourced from World Bank.

What is the projected poverty rate of Mongolia in 2025?▾

Mongolia's poverty rate is projected to reach 0.81% by 2025 based on trend extrapolation.

What is the poverty rate of Mongolia in 2025?▾

The poverty rate of Mongolia in 2025 was 0.81%. This ranks 35th in the world.

Cite this page

APA
Mongolia Poverty Rate. HistorySaid. Retrieved November 15, 2026, from https://historysaid.com/mongolia/poverty-rate/
BibTeX
@misc{historysaid_mongolia_poverty-rate, title = {Mongolia Poverty Rate}, url = {https://historysaid.com/mongolia/poverty-rate/}, publisher = {HistorySaid}, year = {2026} }
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