Labor Force Participation Rate in Mongolia decreased to 60.70 percent in the first quarter of 2019 from 61.90 percent in the fourth quarter of 2018. Labor Force Participation Rate in Mongolia averaged 61.72 percent from 2006 until 2019, reaching an all time high of 64.80 percent in the third quarter of 2006 and a record low of 59.20 percent in the second quarter of 2008.

Labor Force Participation Rate in Mongolia is expected to be 62.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Mongolia to stand at 62.10 in 12 months time. In the long-term, the Mongolia Labor Force Participation Rate is projected to trend around 62.50 percent in 2020, according to our econometric models.

Mongolia Labor Force Participation Rate
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Mongolia Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.80 6.60 11.80 2.80 percent [+]
Unemployed Persons 153592.00 88907.00 153592.00 75309.00 [+]
Labor Force Participation Rate 60.70 61.90 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 1120.30 1031.80 1120.30 60.90 MNT Thousand/Month [+]
Wages In Manufacturing 1183.80 1118.70 1183.80 60.60 MNT Thousand/Month [+]
Employed Persons 1143129.00 1256356.00 1274700.00 852805.00 [+]
Employment Rate 53.50 57.80 60.30 52.80 percent [+]


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. This page provides - Mongolia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
60.70 61.90 64.80 59.20 2006 - 2019 percent Quarterly




Country Last Previous
United Kingdom 79.10 Apr/19
France 72.30 Mar/19
Netherlands 71.20 Jun/19
Indonesia 69.20 Dec/18
Switzerland 68.30 Mar/19
Russia 67.70 Mar/19
Singapore 67.70 Dec/18
Australia 66.00 Jun/19
Canada 65.70 Jun/19
Italy 65.70 May/19
South Korea 64.20 Jun/19
United States 62.90 Jun/19
Japan 62.20 May/19
Brazil 62.10 May/19
Germany 61.80 Dec/18
Mexico 60.20 May/19
South Africa 58.80 Mar/19
Spain 58.35 Mar/19
Euro Area 57.40 Dec/18
Saudi Arabia 56.40 Mar/19
Turkey 53.10 Apr/19
India 49.80 Dec/18
Argentina 47.00 Mar/19


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