Wages In Manufacturing in Mongolia increased to 1195.70 MNT Thousand/Month in the third quarter of 2019 from 1187.40 MNT Thousand/Month in the second quarter of 2019.

Wages In Manufacturing in Mongolia averaged 456.37 MNT Thousand/Month from 2000 until 2019, reaching an all time high of 1196.80 MNT Thousand/Month in the first quarter of 2019 and a record low of 60.60 MNT Thousand/Month in the third quarter of 2001. This page provides the latest reported value for - Mongolia Wages In Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mongolia Wages In Manufacturing - values, historical data and charts - was last updated on August of 2020.

Wages In Manufacturing in Mongolia is expected to be 1190.00 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 Manufacturing in Mongolia to stand at 1250.00 in 12 months time. In the long-term, the Mongolia Wages In Manufacturing is projected to trend around 1250.00 MNT Thousand/Month in 2021, according to our econometric models.

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Mongolia Wages In Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
1195.70 1187.40 1196.80 60.60 2000 - 2019 MNT Thousand/Month Quarterly

Mongolia Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.10 9.90 11.80 2.80 percent [+]
Unemployed Persons 105139.00 126582.00 153592.00 75309.00 [+]
Labor Force Participation Rate 60.70 60.10 64.80 59.20 percent [+]
Population 3.24 3.24 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 1166.40 1161.20 1166.40 60.90 MNT Thousand/Month [+]
Wages In Manufacturing 1195.70 1187.40 1196.80 60.60 MNT Thousand/Month [+]
Employed Persons 1188440.00 1155945.00 1274700.00 852805.00 [+]
Employment Rate 55.70 54.20 60.30 52.80 percent [+]