Labor Force Participation Rate in Mongolia increased to 61.30 percent in the third quarter of 2018 from 61 percent in the second quarter of 2018. Labor Force Participation Rate in Mongolia averaged 61.74 percent from 2006 until 2018, reaching an all time high of 64.80 percent in the third quarter of 2006 and a record low of 59.20 percent in the second quarter of 2008.

Labor Force Participation Rate in Mongolia is expected to be 61.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Mongolia to stand at 62.50 in 12 months time. In the long-term, the Mongolia Labor Force Participation Rate is projected to trend around 62.50 percent in 2020, according to our econometric models.

Mongolia Labor Force Participation Rate
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Mongolia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.90 7.50 11.60 2.80 percent [+]
Unemployed Persons 92400.00 104100.00 143548.00 75309.00 [+]
Labor Force Participation Rate 61.30 61.00 64.80 59.20 percent [+]
Population 3.18 3.12 3.18 0.96 Million [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Wages 1025.60 998.40 1038.90 60.90 MNT Thousand/Month [+]
Wages In Manufacturing 1163.60 1079.90 1163.60 60.60 MNT Thousand/Month [+]
Employed Persons 1238900.00 1274700.00 1274700.00 852805.00 [+]
Employment Rate 57.00 56.40 60.30 52.80 percent [+]


Mongolia Labor Force Participation Rate

The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides - Mongolia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
61.30 61.00 64.80 59.20 2006 - 2018 percent Quarterly




Country Last Previous
United Kingdom 79.00 Sep/18
France 72.30 Sep/18
Indonesia 69.20 Dec/18
Switzerland 68.40 Jun/18
Singapore 67.70 Dec/17
Italy 65.80 Oct/18
Australia 65.60 Oct/18
Canada 65.40 Nov/18
Netherlands 64.20 Jun/18
South Korea 63.40 Nov/18
United States 62.90 Nov/18
Russia 62.80 Oct/18
Japan 62.00 Oct/18
Brazil 61.70 Sep/18
Germany 60.90 Jun/18
Mexico 59.50 Sep/18
South Africa 59.50 Sep/18
Spain 58.73 Sep/18
Euro Area 57.20 Jun/18
Saudi Arabia 56.20 Jun/18
Turkey 53.40 Sep/18
India 52.50 Dec/13
Argentina 46.40 Jun/18


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