Mongolia’s Income Inequality
#30 of 106 in the Income Inequality progress rankings
Income Inequality, represented by the Gini Index on a 0 to 100 scale, reflects the distribution of income across a country. It reveals disparities in wealth and economic opportunity among citizens, thereby indicating potential social imbalance (lower is better).
Latest (2022)
31.4
Year-over-year
-1.3
Change since start (1995→2022)
-1.8
Key insights
- From 1995 to 2022, Income Inequality changed by -1.8.
- Most recent year-over-year change (2018→2022): -1.3.
- Lowest level: 30.3 in 1998.
- Highest level: 35.8 in 2007.
Income Inequality Chart (1995–2022)
*Average based on available data from 193 UN member countries
Income Inequality Table (1995–2022)
| Year | Income Inequality |
|---|---|
| 1995 | 33.2 |
| 1998 | 30.3 |
| 2002 | 32.9 |
| 2007 | 35.8 |
| 2010 | 33.1 |
| 2011 | 33.9 |
| 2012 | 33.8 |
| 2014 | 32.0 |
| 2016 | 32.3 |
| 2018 | 32.7 |
| 2022 | 31.4 |
Source: World Bank