Mongolia Wages: Minimum and Average
Mongolia Wages Data
| Indicator | Data | Period |
|---|---|---|
| Wages | 1890 MNT Thou/Month | 663.775 USD/Month | 2Q/23 |
| Wages in Manufacturing | 1768 MNT Thousand/Month | 620.928 USD/Month | 1Q/23 |
Latest data on Wages (MNT Thou/Month)
What is average wage in Mongolia?
- Average Wages in Mongolia increased to 1890 MNT Thou/Month (663.775 USD/Month) in the second quarter of 2023. The maximum rate of average wage for employees was 1269 MNT Thou/Month and minimum was 60.9 MNT Thou/Month.
- Data published Quarterly by National Statistical Office.
Historical Data (MNT Thou/Month) by years
Data
Period
Date
| 1890 | 2Q/23 | 22.09.2023 |
| 1831 | 1Q/23 | 18.08.2023 |
| 1750 | 4Q/22 | 21.04.2023 |
| 1544 | 2Q/22 | 19.10.2022 |
| 1438 | 4Q/21 | 06.06.2022 |
| 1335 | 3Q/21 | 07.03.2022 |
| 1330 | 2Q/21 | 28.10.2021 |
| 1315 | 1Q/21 | 22.07.2021 |
Historical Chart by presidents (MNT Thou/Month)
Wages in Mongolia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Khaltmaagiin Battulga | 10.07.2017 - | 959.1000 | 998.4000 | 1038.9000 | 955.9000 | 4.10% |
| Tsakhiagiin Elbegdorj | 18.06.2009 - 10.07.2017 | 309.2000 | 959.1000 | 959.1000 | 296.5000 | 210.19% |
| Nambaryn Enkhbayar | 24.06.2005 - 18.06.2009 | 101.8000 | 288.0000 | 291.1000 | 100.0000 | 182.91% |
| Natsagiin Bagabandi | 20.06.1997 - 24.06.2005 | 62.3000 | 97.7000 | 97.7000 | 60.9000 | 56.82% |
| Punsalmaagiin Ochirbat | 12.02.1992 - 20.06.2005 | 62.3000 | 97.7000 | 97.7000 | 60.9000 | 56.82% |
Latest data on Wages in Manufacturing (MNT Thousand/Month)
How much is average wage in manufacturing in Mongolia?
- Average wages in manufacturing sector in Mongolia increased to 1768 MNT Thousand/Month (620.928 USD/Month). The maximum level was 1256 MNT Thousand/Month and minimum was 60.6 MNT Thousand/Month.
- Data published Quarterly by National Statistical Office.
Historical Data (MNT Thousand/Month) by years
Data
Period
Date
| 1768 | 1Q/23 | 18.08.2023 |
| 1695 | 4Q/22 | 23.04.2023 |
| 1493 | 2Q/22 | 19.10.2022 |
| 1411 | 4Q/21 | 06.06.2022 |
| 1308 | 3Q/21 | 07.03.2022 |
| 1253 | 2Q/21 | 28.10.2021 |
| 1302 | 1Q/21 | 22.07.2021 |
| 1243 | 3Q/20 | 10.01.2021 |
Historical Chart by presidents (MNT Thousand/Month)
Wages in Manufacturing in Mongolia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other labor indicators in Mongolia
| Index | Updated | Actual | Previous |
| Retirement Age Men | 2022 | 60 | 60 |
| Unemployment Rate | 2Q/23 | 5.8 % | 6.6 |
| Labor Force Participation Rate | 2Q/23 | 57.9 % | 56.5 |
Wages in other countries
| Country | Updated | Actual | Previous |
| Bangladesh | 2017 | 141.581 USD/Month | 137.726 |
| Kyrgyzstan | Jul/23 | 372.046 USD/Month | 397.056 |
| Mongolia | 2Q/23 | 663.775 USD/Month | 643.054 |
| Tajikistan | Jun/23 | 203.349 USD/Month | 176.321 |
| China | 2022 | 1301.701 USD/Month | 1219.6 |
| Georgia | 2Q/23 | 671.004 USD/Month | 638.29 |
| India | 2014 | 115.31 USD/Month | 108.53 |
| Israel | Jun/23 | 3237.175 USD/Month | 3226.81 |
| South Korea | 2Q/23 | 3015.471 USD/Month | 3419.512 |
| Taiwan | Jul/23 | 1846.444 USD/Month | 1678.546 |
| Vietnam | 2Q/23 | 286.489 USD/Month | 289.723 |
| Armenia | Aug/23 | 658.099 USD/Month | 668.655 |
| Hong Kong | 2Q/23 | 2306.018 USD/Month | 2269.91 |
| Japan | Aug/23 | 2140.488 USD/Month | 2993.015 |
| Kazakhstan | Jan/23 | 718.049 USD/Month | 657.009 |
| Macau | 2Q/23 | 2114.139 USD/Month | 2114.139 |
| Malaysia | 2021 | 642.439 USD/Month | 620.439 |
| Philippines | 2016 | 200.58 USD/Month | 189.61 |
| Singapore | 2Q/23 | 4588.745 USD/Month | 5151.515 |
| Thailand | 2Q/23 | 423.147 USD/Month | 415.075 |
| Azerbaijan | Aug/23 | 544.118 USD/Month | 542.353 |
| Bahrain | 2Q/23 | 2297.082 USD/Month | 2307.692 |
| Uzbekistan | 2022 | 319.264 USD/Month | 264.409 |
| Mauritius | 2022 | 846.312 USD/Month | 763.242 |
