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Mongolia Wages: Minimum and Average

Mongolia Wages Data

Indicator Data Period
Wages 1269 MNT Thou/Month | 445.134 USD/Month 3Q/20
Wages in Manufacturing 1243 MNT Thousand/Month | 436.013 USD/Month 3Q/20


Latest data on Wages (MNT Thou/Month)

Wages
                     Mongolia - Historical Data (MNT Thou/Month)

What is average wage in Mongolia?

  • Average Wages in Mongolia increased to 1269 MNT Thou/Month (445.134 USD/Month) in the third quarter of 2020. 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
1269 3Q/20 10.01.2021
1166 3Q/19 02.03.2020
1161 2Q/19 29.10.2019
1120.3 4Q/18 12.03.2019
1025.6 2Q/18 12.09.2018
998.4 1Q/18 19.06.2018
1038.9 4Q/17 22.03.2018
955.9 3Q/17 17.01.2018


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)

Wages in Manufacturing
                     Mongolia - Historical Data (MNT Thousand/Month)

How much is average wage in manufacturing in Mongolia?

  • Average wages in manufacturing sector in Mongolia increased to 1243 MNT Thousand/Month (436.013 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
1243 3Q/20 10.01.2021
1196 3Q/19 02.03.2020
1187 2Q/19 11.11.2019
1197 1Q/19 29.10.2019
1184 4Q/18 04.07.2019


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 2020 60 60
Unemployment Rate 4Q/20 7.6 % 7.3
Labor Force Participation Rate 3Q/21 59 % 59.8

Wages in other countries

Country Updated Actual Previous
Bangladesh 2017 156.381 USD/Month 152.123
Kyrgyzstan Dec/20 285.408 USD/Month 208.16
Mongolia 3Q/20 445.134 USD/Month 442.327
Tajikistan Jan/21 126.753 USD/Month 144.034
China 2019 1197.588 USD/Month 1086.798
Georgia 4Q/20 381.159 USD/Month 359.42
India 2014 115.31 USD/Month 108.53
Israel Jan/21 3727.427 USD/Month 3687.835
South Korea 4Q/20 3456.252 USD/Month 3480.566
Taiwan Feb/21 2835.012 USD/Month 2671.377
Vietnam 2Q/20 274.743 USD/Month 311.967
Armenia Feb/21 361.255 USD/Month 352.087
Hong Kong 4Q/20 2174.815 USD/Month 2208.563
Japan Feb/21 2760.104 USD/Month 2817.996
Kazakhstan Feb/21 518.285 USD/Month 516.074
Macau 3Q/20 1875.141 USD/Month 1875.141
Malaysia 2019 782.388 USD/Month 749.141
Philippines 2016 200.58 USD/Month 189.61
Singapore 4Q/20 4418.066 USD/Month 3919.652
Thailand 4Q/20 466.331 USD/Month 467.926
Azerbaijan Jan/21 406.471 USD/Month 415.882
Bahrain 4Q/20 2071.809 USD/Month 2082.447
Uzbekistan 2019 220.321 USD/Month 172.656
Mauritius 2019 778.442 USD/Month 752.661