Labor Force Participation Rate in Mongolia increased to 58.30 percent in the fourth quarter of 2021 from 57.90 percent in the third quarter of 2021. source: National Statistical Office of Mongolia
Labor Force Participation Rate in Mongolia averaged 61.16 percent from 2006 until 2021, reaching an all time high of 64.80 percent in the third quarter of 2006 and a record low of 54.90 percent in the first quarter of 2021. This page provides - Mongolia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Labor Force Participation Rate - values, historical data and charts - was last updated on July of 2022.
Labor Force Participation Rate in Mongolia is expected to be 62.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Labor Force Participation Rate is projected to trend around 62.50 percent in 2023, according to our econometric models.