Mongolia: Youth unemployment

(measure: percent; source: The World Bank)

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.
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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.