Mean income or consumption per day (2011 prices) in Mongolia
Mongolia: Mean income or consumption per day (2011 prices) was 11.75 international-$ in 2011 prices in 2022. ▲ Rising
Mean income or consumption per day (2011 prices) in Mongolia, 1995–2022
Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
The most recent figure for mean income or consumption per day (2011 prices) in Mongolia is 11.75 international-$ in 2011 prices, measured in 2022. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 14.5% over ten years.
Over the whole period, mean income or consumption per day (2011 prices) in Mongolia peaked at 11.75 international-$ in 2011 prices in 2022 and was at its lowest, 3.21 international-$ in 2011 prices, in 1998.
That places Mongolia 67th out of 119 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Mean income or consumption per day (2011 prices) in Mongolia, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1995 | 4.79 international-$ in 2011 prices | — |
| 1998 | 3.21 international-$ in 2011 prices | -33.0% |
| 2002 | 5.03 international-$ in 2011 prices | +56.6% |
| 2007 | 8.23 international-$ in 2011 prices | +63.8% |
| 2010 | 8.11 international-$ in 2011 prices | -1.5% |
| 2011 | 8.92 international-$ in 2011 prices | +10.1% |
| 2012 | 10.26 international-$ in 2011 prices | +15.0% |
| 2014 | 10.7 international-$ in 2011 prices | +4.3% |
| 2016 | 8.86 international-$ in 2011 prices | -17.2% |
| 2018 | 9.42 international-$ in 2011 prices | +6.3% |
| 2022 | 11.75 international-$ in 2011 prices | +24.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4 international-$ in 2011 prices | 3.21 international-$ in 2011 prices | 4.79 international-$ in 2011 prices | 2 |
| 2000s | 6.63 international-$ in 2011 prices | 5.03 international-$ in 2011 prices | 8.23 international-$ in 2011 prices | 2 |
| 2010s | 9.38 international-$ in 2011 prices | 8.11 international-$ in 2011 prices | 10.7 international-$ in 2011 prices | 6 |
| 2020s | 11.75 international-$ in 2011 prices | 11.75 international-$ in 2011 prices | 11.75 international-$ in 2011 prices | 1 |
Countries ranked near Mongolia
- 64 Peru 12.28 international-$ in 2011 prices compare
- 65 El Salvador 12.01 international-$ in 2011 prices compare
- 66 Tunisia 11.79 international-$ in 2011 prices compare
- 68 Albania 11.56 international-$ in 2011 prices compare
- 69 Viet Nam 11.43 international-$ in 2011 prices compare
- 70 South Africa 11.18 international-$ in 2011 prices compare
More economy & growth data for Mongolia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.08 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.17 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.0588 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 417.63 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 208.29 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 1.48 million current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0519 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 369.15 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 727,348 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 4.13 % change on previous year (2025)
Frequently asked questions
- What is mean income or consumption per day (2011 prices) in Mongolia?
- Mean income or consumption per day (2011 prices) in Mongolia was 11.75 international-$ in 2011 prices in 2022, according to World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data.
- What is the highest mean income or consumption per day (2011 prices) recorded in Mongolia?
- The highest recorded value was 11.75 international-$ in 2011 prices in 2022.
- What is the lowest mean income or consumption per day (2011 prices) recorded in Mongolia?
- The lowest recorded value was 3.21 international-$ in 2011 prices in 1998.
- How does Mongolia rank for mean income or consumption per day (2011 prices)?
- Mongolia ranks 67th out of 119 countries with data for 2022.
- Is mean income or consumption per day (2011 prices) rising or falling in Mongolia?
- Over the last ten years it is up 14.5%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data, published as part of Mean income or consumption per day (2011 prices). Statizoid updates them automatically from the source API.
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About this data
The mean is the average income or consumption of the population.