Poverty Rate in Mongolia Came Down to 27.4 Percent in 2012: "It merged the HIES and the Living Standards Measurement Survey (LSMS) in July, 2007 under the title of Household Socio-Economic Survey (HSES), and has been conducting this HSES survey since then. The HSES selects a total of 11,232 households in Mongolia on a sampling basis annually, collects and studies indicators with respect to age, race, education, employment of household members as well as indicators related to household income and consumption expenditure.
The NSO has been actively cooperating with the World Bank towards strengthening the capacity of the statistical staff, improving the methodology used to estimate living standards and poverty of the population, defining the methodology that can realistically demonstrate changes in the livelihood of the Mongolian population, and jointly estimating their outcomes. "
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