Mongolia: Unemployment rate

* indicates monthly or quarterly data series

Unemployment rate, percent

 Latest value 3.9
 Reference Q4 2023
 Measure percent
 Data availability Q3 2006 - Q4 2023
 Average 8.54
 Min - Max 3.9 - 12.8
 Source National Statistics Office of Mongolia
For that indicator, we provide data for Mongolia from Q3 2006 to Q4 2023. The average value for Mongolia during that period was 8.54 percent with a minimum of 3.9 percent in Q4 2023 and a maximum of 12.8 percent in Q4 2009. Click on the following link to see the values of Unemployment rate, percent around the world.
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* indicates monthly or quarterly data series

Recent values chart
Mongolia - Unemployment rate  - recent values

Historical chart
Mongolia - Unemployment rate  - historical chart - 2006-2023
Measure: percent
Source: National Statistics Office of Mongolia

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Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.

 Related indicators Latest value Reference Measure
 Labor force 1.36 2022 million people
 Unemployment rate 6.21 2022 percent
 Female unemployment 7.80 2022 percent
 Male unemployment 8.62 2022 percent
 Youth unemployment 9.73 2023 percent
 Labor force participation 60.07 2023 percent
 Labor force: percent female 44.96 2022 percent
 Female labor force participation 52.76 2023 percent
 Male labor force participation 67.75 2023 percent
 Self-employment 42.29 2022 percent
 Informal employment 42.90 2020 percent
 Employment 1.19 Q3/2023 million employed people
 Unemployment rate 5.20 Q3/2023 percent
 Labor cost 151.29 Q3/2023 index points
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