Wages in Mongolia increased to 1120.30 MNT Thousand/Month in the fourth quarter of 2018 from 1031.80 MNT Thousand/Month in the third quarter of 2018. Wages in Mongolia averaged 436.66 MNT Thousand/Month from 2000 until 2018, reaching an all time high of 1120.30 MNT Thousand/Month in the fourth quarter of 2018 and a record low of 60.90 MNT Thousand/Month in the first quarter of 2001.
Wages in Mongolia is expected to be 1040.00 MNT Thousand/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Mongolia to stand at 1080.00 in 12 months time. In the long-term, the Mongolia Wages is projected to trend around 1110.00 MNT Thousand/Month in 2020, according to our econometric models.