World Bank2025-06-092025-06-092025-06-09https://hdl.handle.net/10986/43312Poverty is a multidimensional phenomenon where individuals or households lack the resources to meet basic needs and fully participate in society. While it encompasses non-monetary dimensions such as social exclusion and inadequate access to essential services, it is often assessed through a monetary lens using measures of income or consumption. The national poverty rate-based on household consumption serves as a key benchmark for tracking progress in poverty reduction in Mongolia. This report provides an in-depth analysis of poverty trends, household welfare, and disparities across different population groups, using the 2022 Household Socio-Economic Survey (HSES). The report incorporates an updated methodology for measuring poverty and examines the socioeconomic factors influencing household welfare.en-USCC BY-NC 3.0 IGONO POVERTYESSENTIAL SERVICESINCOME MEASURESCONSUMPTION MEASURESMongolia Poverty Update 2022ReportWorld BankNew Methods, New Insightshttps://doi.org/10.1596/43312