Unemployment Rate in Mongolia decreased to 10.10 percent in the second quarter of 2019 from 11.80 percent in the first quarter of 2019. Unemployment Rate in Mongolia averaged 6.98 percent from 1990 until 2019, 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.

Unemployment Rate in Mongolia is expected to be 9.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Mongolia to stand at 8.10 in 12 months time. In the long-term, the Mongolia Unemployment Rate is projected to trend around 7.30 percent in 2020, according to our econometric models.

Mongolia Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-15 11:00 AM Unemployment Rate Q3 6.9% 7.5% 8.1%
2019-02-15 10:20 AM Unemployment Rate Q4 6.6% 6.9% 8.40%
2019-06-12 09:45 AM Unemployment Rate Q1 11.8% 6.6% 8.5%
2019-08-16 08:15 AM Unemployment Rate Q2 10.1% 11.8% 8.20%
2019-11-15 11:00 AM Unemployment Rate Q3 10.1% 9.10%


Mongolia Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.10 11.80 11.80 2.80 percent [+]
Unemployed Persons 131100.00 153592.00 153592.00 75309.00 [+]
Labor Force Participation Rate 60.80 60.70 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 1161.20 1157.90 1161.20 60.90 MNT Thousand/Month [+]
Wages In Manufacturing 1196.80 1183.80 1196.80 60.60 MNT Thousand/Month [+]
Employed Persons 1162200.00 1143129.00 1274700.00 852805.00 [+]
Employment Rate 54.60 53.50 60.30 52.80 percent [+]


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

Actual Previous Highest Lowest Dates Unit Frequency
10.10 11.80 11.80 2.80 1990 - 2019 percent Quarterly




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 13.90 Jul/19
Brazil 11.80 Aug/19
Argentina 10.60 Jun/19
Italy 9.50 Aug/19
France 8.50 Jun/19
Euro Area 7.40 Aug/19
India 6.00 Dec/18
Saudi Arabia 5.60 Jun/19
Canada 5.50 Sep/19
Australia 5.20 Sep/19
Indonesia 5.01 Mar/19
Russia 4.50 Sep/19
United Kingdom 3.90 Aug/19
Mexico 3.70 Aug/19
China 3.61 Jun/19
Netherlands 3.50 Sep/19
United States 3.50 Sep/19
South Korea 3.40 Sep/19
Germany 3.10 Aug/19
Japan 2.20 Aug/19
Singapore 2.20 Jun/19
Switzerland 2.10 Sep/19


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