Labor Force Participation Rate in Mongolia increased to 56.80 percent in the second quarter of 2021 from 54.90 percent in the first quarter of 2021. source: National Statistical Office of Mongolia

Labor Force Participation Rate in Mongolia averaged 61.26 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 December of 2021.

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 2022, according to our econometric models.

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Mongolia Labor Force Participation Rate


Related Last Previous Unit Reference
Unemployment Rate 8.40 8.80 percent Jun/21
Unemployed Persons 101278.00 101161.00 Jun/21
Labor Force Participation Rate 56.80 54.90 percent Jun/21
Population 3.27 3.24 Million Dec/20
Wages In Manufacturing 1253.00 1302.20 MNT Thousand/Month Jun/21
Wages 1330.40 1314.90 MNT Thousand/Month Jun/21
Employment Rate 52.10 50.10 percent Jun/21
Employed Persons 1105720.00 1054889.00 Jun/21
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.