Unemployment Rate in Mongolia increased to 8.10 percent in the fourth quarter of 2021 from 7.40 percent in the third quarter of 2021. source: National Statistical Office of Mongolia

Unemployment Rate in Mongolia averaged 7.13 percent from 1990 until 2021, reaching an all time high of 11.80 percent in the first quarter of 2019 and a record low of 2.80 percent in the fourth quarter of 2007. This page provides - Mongolia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Unemployment Rate in Mongolia is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Unemployment Rate is projected to trend around 7.00 percent in 2023, according to our econometric models.

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Mongolia Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2020-02-17 09:00 AM Q4 8.1% 9.9% 9.00%
2021-02-18 09:00 AM Q4 7.6% 7.3% 8.5%


Related Last Previous Unit Reference
Unemployment Rate 8.10 7.40 percent Dec 2021
Unemployed Persons 99393.00 90894.00 Dec 2021
Labor Force Participation Rate 58.30 57.90 percent Dec 2021
Population 3.27 3.24 Million Dec 2020
Employment Rate 53.60 53.60 percent Dec 2021
Employed Persons 1127111.00 1135898.00 Dec 2021
Wages In Manufacturing 1411.40 1307.90 MNT Thousand/Month Dec 2021
Wages 1438.20 1335.10 MNT Thousand/Month Dec 2021

Mongolia Unemployment Rate
In Mongolia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
8.10 7.40 11.80 2.80 1990 - 2021 percent Quarterly