Wages in Mongolia increased to 1120.30 MNT Thousand/Month in the fourth quarter of 2018 from 1031.80 MNT Thousand/Month in the third quarter of 2018. Wages in Mongolia averaged 436.66 MNT Thousand/Month from 2000 until 2018, reaching an all time high of 1120.30 MNT Thousand/Month in the fourth quarter of 2018 and a record low of 60.90 MNT Thousand/Month in the first quarter of 2001.

Wages in Mongolia is expected to be 1040.00 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 Mongolia to stand at 1080.00 in 12 months time. In the long-term, the Mongolia Wages is projected to trend around 1110.00 MNT Thousand/Month in 2020, according to our econometric models.

Mongolia Wages
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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 Wages

This page provides the latest reported value for - Mongolia Wages - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mongolia Wages - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1120.30 1031.80 1120.30 60.90 2000 - 2018 MNT Thousand/Month Quarterly




Country Last Previous
Argentina 41359.00 Mar/19
Australia 1225.30 Dec/18
Brazil 2289.00 May/19
Canada 25.75 Apr/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 313061.00 May/19
Mexico 377.49 May/19
Russia 48510.00 May/19
Singapore 6005.00 Mar/19
South Africa 20855.00 Mar/19
South Korea 4021244.00 Mar/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 536.00 May/19
United States 23.43 Jun/19


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