Poverty in Mongolia remains in high numbers even though there are many attempts to reduce it. Poverty is something new in Mongolia. 35.6% of Mongolia was in poverty during 1998. Out of all of the population in Mongolia 1/3 of it is living in poverty. Definition of poverty in Mongolia is people that can’t buy necessary food or items such as a basket. For over the years there has been an increase in poverty.
| Years | 1994 | 1995 | 1996 | 1997 | 1998 | |
| Household Poverty | 80379 | 80379 | 103478 | 149677 | 155049 |
There are many things that have been imported and exported. Imported means things that have been brought from other places in the world such as China or the USA to Mongolia for trade. Exported means things from Mongolia go to other places in the world. Things that have been imported are copper, coal, gold, tin, and tungsten. Also agriculture is a big part of it too. Exported things are cattle, wool, and other things like processed food and glass. But cattle make up 35% of the countries exports and wool makes up 40% of exports.
Charities such as UNICEF, Care, Doctors without borders, and Mercy corp help to solve Mongolia's poverty issue. These charities give money and some help clean water, give medicine and make shelters for them to live in. Poor people in Mongolia are forced to live on the streets because they cannot afford a shelter, do nto have money for food or clean water, and have issues with gangs in the unsafe streets of Mongolia.