As of 2024, the top 1% in Mongolia earned 16.05% of total national income, while the bottom 50% received just 14.95%. Mongolia’s income inequality has increased since 1980, when the top 1% share was 14.84%.
Key Income Distribution Metrics for Mongolia in 2024
In 2024, income in Mongolia was distributed as follows: the wealthiest 1% of the population captured 16.05% of total national income, which is roughly on par with the global average of 16.17%. Meanwhile, the bottom half of earners received 14.95% of income, roughly on par with the global average of 14.97%.
| Metric | Mongolia | Global Average |
|---|---|---|
| Top 1% Income Share | 16.05% | 16.17% |
| Top 10% Income Share | 42.90% | 45.21% |
| Bottom 50% Income Share | 14.95% | 14.97% |
How Has Income Inequality Changed in Mongolia?
Top 1% Income Share Trend (1980-2024)
The share of income going to Mongolia’s top 1% has increased over the past 44 years. In 1980, the top 1% captured 14.84% of national income. By 2024, this figure had risen by 1.21 percentage points to 16.05%.
Top 10% vs Bottom 50% Income Gap Over Time
The income gap between the top 10% and bottom 50% in Mongolia has narrowed over this period. In 1980, the top 10% earned 42.51% while the bottom 50% received 13.90%. By 2024, these figures shifted to 42.90% and 14.95% respectively.
| Year | Top 1% | Top 10% | Bottom 50% | Gap (Top 10 – Bottom 50) |
|---|---|---|---|---|
| 1980 | 14.84% | 42.51% | 13.90% | 28.61 pp |
| 1986 | 14.84% | 42.51% | 13.90% | 28.61 pp |
| 1992 | 14.84% | 42.51% | 13.90% | 28.61 pp |
| 1998 | 15.12% | 41.30% | 15.08% | 26.22 pp |
| 2004 | 16.75% | 44.48% | 13.43% | 31.05 pp |
| 2010 | 16.27% | 43.72% | 14.14% | 29.58 pp |
| 2016 | 16.67% | 43.37% | 14.80% | 28.57 pp |
| 2022 | 16.05% | 42.90% | 14.95% | 27.95 pp |
How Mongolia Compares Globally
Mongolia vs Asia Average
Compared to other countries in Asia, Mongolia’s top 1% income share of 16.05% is roughly on par with the regional average of 16.42%. The bottom 50% in Mongolia receives 14.95% of income, compared to the Asia average of 15.41%.
Where Mongolia Ranks Among All Countries
- Top 1% income concentration: Mongolia ranks 92nd out of 184 countries (higher rank = more concentrated wealth at the top)
- Bottom 50% income share: Mongolia ranks 92nd out of 184 countries (higher rank = larger share for the bottom half)
Countries with similar income inequality levels to Mongolia include Gambia's wealth gap, income distribution in Kiribati, Fiji.
Frequently Asked Questions
What is the income share of the top 1% in Mongolia?
As of 2024, the top 1% in Mongolia earned 16.05% of total national income. This level of concentration is considered high by international standards.
Is income inequality increasing or decreasing in Mongolia?
Income inequality in Mongolia has increased since 1980. The top 1% income share moved from 14.84% in 1980 to 16.05% in 2024.
What percentage of income goes to the bottom 50% in Mongolia?
In 2024, the bottom 50% of earners in Mongolia received 14.95% of total national income. This compares with the top 10% who captured 42.90%.
Last updated: April 8, 2026
Data source: World Inequality Database (WID). This dataset covers income distribution metrics for 199 countries from 1980 to 2024.