Mongolia Wages: Minimum and Average
Mongolia Wages Data
| Indicator | Data | Period |
|---|---|---|
| Wages | 1544 MNT Thou/Month | 542.259 USD/Month | 2Q/22 |
| Wages in Manufacturing | 1493 MNT Thousand/Month | 524.347 USD/Month | 2Q/22 |
Latest data on Wages (MNT Thou/Month)
What is average wage in Mongolia?
- Average Wages in Mongolia increased to 1544 MNT Thou/Month (542.259 USD/Month) in the second quarter of 2022. 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
| 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 |
| 1269 | 3Q/20 | 10.01.2021 |
| 1166 | 3Q/19 | 02.03.2020 |
| 1161 | 2Q/19 | 29.10.2019 |
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 1493 MNT Thousand/Month (524.347 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
| 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 |
| 1196 | 3Q/19 | 02.03.2020 |
| 1187 | 2Q/19 | 11.11.2019 |
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 | 3Q/22 | 5.4 % | 7.8 |
| Labor Force Participation Rate | 3Q/22 | 59.2 % | 59.3 |
Wages in other countries
| Country | Updated | Actual | Previous |
| Bangladesh | 2017 | 141.581 USD/Month | 137.726 |
| Kyrgyzstan | Nov/22 | 334.585 USD/Month | 331.73 |
| Mongolia | 2Q/22 | 542.259 USD/Month | 509.245 |
| Tajikistan | Sep/22 | 177.405 USD/Month | 158.028 |
| China | 2021 | 1325.14 USD/Month | 1207.829 |
| Georgia | 3Q/22 | 606.464 USD/Month | 585.932 |
| India | 2014 | 115.31 USD/Month | 108.53 |
| Israel | Oct/22 | 3575.879 USD/Month | 3550.378 |
| South Korea | 3Q/22 | 3466.543 USD/Month | 3193.976 |
| Taiwan | Nov/22 | 1720.525 USD/Month | 1697.218 |
| Vietnam | 4Q/22 | 289.964 USD/Month | 285.7 |
| Armenia | Nov/22 | 627.048 USD/Month | 599.037 |
| Hong Kong | 3Q/22 | 2228.571 USD/Month | 2209.184 |
| Japan | Nov/22 | 2506.098 USD/Month | 2438.177 |
| Kazakhstan | Dec/22 | 680.929 USD/Month | 680.929 |
| Macau | 4Q/22 | 1936.132 USD/Month | 1737.555 |
| Malaysia | 2021 | 711.908 USD/Month | 687.529 |
| Philippines | 2016 | 200.58 USD/Month | 189.61 |
| Singapore | 3Q/22 | 4434.583 USD/Month | 4473.604 |
| Thailand | 3Q/22 | 462.877 USD/Month | 468.719 |
| Azerbaijan | Nov/22 | 488.235 USD/Month | 487.059 |
| Bahrain | 3Q/22 | 2148.541 USD/Month | 2143.236 |
| Uzbekistan | 2021 | 285.823 USD/Month | 237.638 |
| Mauritius | 2021 | 764.095 USD/Month | 758.914 |
