Wages in Mongolia increased to 1157.90 MNT Thousand/Month in the first quarter of 2019 from 1120.30 MNT Thousand/Month in the fourth quarter of 2018. Wages in Mongolia averaged 446.41 MNT Thousand/Month from 2000 until 2019, reaching an all time high of 1157.90 MNT Thousand/Month in the first quarter of 2019 and a record low of 60.90 MNT Thousand/Month in the first quarter of 2001.

Wages in Mongolia is expected to be 1063.00 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.

Mongolia Wages
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Mongolia Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.10 11.80 11.80 2.80 percent [+]
Unemployed Persons 131100.00 153592.00 153592.00 75309.00 [+]
Labor Force Participation Rate 60.80 60.70 64.80 59.20 percent [+]
Population 3.24 3.18 3.24 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 1157.90 1120.30 1157.90 60.90 MNT Thousand/Month [+]
Wages In Manufacturing 1196.80 1183.80 1196.80 60.60 MNT Thousand/Month [+]
Employed Persons 1162200.00 1143129.00 1274700.00 852805.00 [+]
Employment Rate 54.60 53.50 60.30 52.80 percent [+]


Mongolia Wages

This page provides the latest reported value for - Mongolia Wages - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mongolia Wages - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1157.90 1120.30 1157.90 60.90 2000 - 2019 MNT Thousand/Month Quarterly




Country Last Previous
Argentina 42208.00 May/19
Australia 1237.90 Jun/19
Brazil 2286.00 Jul/19
Canada 25.74 Jun/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2467.00 Dec/18
Japan 427395.00 Jul/19
Mexico 380.72 Jul/19
Russia 45900.00 Jul/19
Singapore 5225.00 Jun/19
South Africa 20855.00 Mar/19
South Korea 3585588.00 Jun/19
Spain 1992.18 Jun/19
Switzerland 6291.00 Dec/18
United Kingdom 542.00 Jul/19
United States 23.59 Aug/19


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