For that indicator, The World Bank provides data for Mongolia from 1990 to 2018. The average value for Mongolia during that period was 59.41 percent with a minumum of 56.78 percent in 1990 and a maximum of 60.34 percent in 2015.
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The labor force participation rate is the percent of the population ages 15 and older that is economically active. That includes the employed and the unemployed individuals.
Definition: Labor force participation rate is the proportion of the population ages 15 and older that is economically active: all people who supply labor for the production of goods and services during a specified period.