Mongolia: Youth unemployment, ages 15-24: For that indicator, The World Bank provides data for Mongolia from 1991 to 2017. The average value for Mongolia during that period was 11.79 percent with a minumum of 5.8 percent in 2006 and a maximum of 17.3 percent in 2015. See the global rankings for that indicator or use the country comparator to compare trends over time.
We present the rate of youth unemployment for Mongolia and other countries. Youth unemployment is the percent of 15-24 year olds who are part of the labor force but are unemployed. Recall that the labor force includes the employed and the unemployed people.
Definition: Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.