Mongolia Labour Force Participation Rate

2006 - 2024 | Quarterly | % | National Statistics Office of Mongolia

Key information about Mongolia Labour Force Participation Rate

  • Mongolia Labour Force Participation Rate dropped to 62.2 % in Dec 2024, compared with 63.0 % in the previous quarter.
  • Mongolia Labour Force Participation Rate is updated quarterly, available from Sep 2006 to Dec 2024, with an average rate of 61.5 % .
  • The data reached the an all-time high of 64.8 % in Sep 2011 and a record low of 57.8 % in Mar 2021.
  • Mongolia Labour Force Participation Rate is reported by reported by National Statistics Office of Mongolia.
  • In the latest reports, Mongolia Population reached 3.5 million people in Dec 2023.
  • Unemployment Rate of Mongolia dropped to 5.3 % in Dec 2024.
  • The country's Monthly Earnings stood at 733.4 USD in Sep 2024.

View Mongolia's Labour Force Participation Rate from Sep 2006 to Dec 2024 in the chart:

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Mongolia Labour Force Participation Rate
Get this data
Mongolia Labour Force Participation Rate

What was Mongolia's Labour Force Participation Rate in Dec 2024?

Mongolia Labour Force Participation Rate dropped to 62.2 % in Dec 2024, compared with 63.0 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
62.2 Dec 2024 63.0 Sep 2024 57.8 Mar 2021 64.8 Sep 2011 % quarterly Sep 2006 - Dec 2024

Labour Force Participation Rate by Country Comparison

country/region Last Frequency Range
Albania (%) 63.2 Dec 2024 quarterly Mar 2012 - Dec 2024
Algeria (%) 41.7 2018 yearly 2003 - 2018
Argentina (%) 62.3 2023 yearly 1990 - 2023
Armenia (%) 60.2 Sep 2024 quarterly Mar 2008 - Sep 2024
Australia (%) 66.7 Jan 2025 monthly Feb 1978 - Jan 2025
Austria (%) 77.1 Jun 2022 quarterly Mar 2021 - Jun 2022
Azerbaijan (%) 63.5 2023 yearly 1990 - 2023
Bahrain (%) 70.9 2023 yearly 1990 - 2023
Bangladesh (%) 61.7 2023 yearly 1990 - 2023
Belarus (%) 86.8 2022 yearly 1995 - 2022
Belgium (%) 71.1 Sep 2024 quarterly Mar 1999 - Sep 2024
Bolivia (%) 77.7 Sep 2022 quarterly Dec 2015 - Sep 2022
Bosnia and Herzegovina (%) 47.8 2023 yearly 2006 - 2023
Botswana (%) 68.3 2023 yearly 1990 - 2023
Brazil (%) 62.3 Jan 2025 monthly Mar 2012 - Jan 2025
Brunei (%) 64.0 2023 yearly 1990 - 2023
Bulgaria (%) 55.3 Dec 2024 quarterly Jun 2000 - Dec 2024
Cambodia (%) 87.4 2020 yearly 2020 - 2020
Canada (%) 64.7 Feb 2025 monthly Jan 1976 - Feb 2025
Chile (%) 62.1 Jan 2025 monthly Mar 2009 - Jan 2025
China (%) 65.8 2023 yearly 1990 - 2023
Colombia (%) 64.1 Jan 2025 monthly Jan 2001 - Jan 2025
Croatia (%) 54.1 Sep 2024 quarterly Mar 2007 - Sep 2024
Cyprus (%) 65.1 Dec 2024 quarterly Jun 1999 - Dec 2024
Czech Republic (%) 60.6 Sep 2024 quarterly Mar 1993 - Sep 2024
Denmark (%) 74.1 Jan 2025 monthly Jan 2007 - Jan 2025
Ecuador (%) 64.1 Dec 2024 quarterly Dec 2013 - Dec 2024
Egypt (%) 43.4 2023 yearly 2009 - 2023
Estonia (%) 66.5 Dec 2024 quarterly Mar 2000 - Dec 2024
European Union (%) 75.8 2022 yearly 1990 - 2022
Finland (%) 67.8 Jan 2025 monthly May 2004 - Jan 2025
France (%) 74.4 Dec 2024 quarterly Mar 2003 - Dec 2024
Georgia (%) 53.3 2023 yearly 1998 - 2023
Germany (%) 56.0 Jun 2024 quarterly Mar 2007 - Jun 2024
Ghana (%) 63.4 2023 yearly 1990 - 2023
Greece (%) 59.5 Jan 2025 monthly Jan 2004 - Jan 2025
Hong Kong SAR, China (%) 56.9 Jan 2025 monthly Dec 1981 - Jan 2025
Hungary (%) 68.0 Dec 2024 quarterly Mar 2009 - Dec 2024
Iceland (%) 79.8 Dec 2024 monthly Jan 2003 - Dec 2024
India (%) 45.1 2024 yearly 1990 - 2024
Indonesia (%) 70.6 Aug 2024 semiannually Feb 2005 - Aug 2024
Iran (%) 41.0 Dec 2022 quarterly Jun 2018 - Dec 2022
Ireland (%) 66.6 Sep 2024 quarterly Mar 1998 - Sep 2024
Israel (%) 62.9 Jan 2025 monthly Jan 2012 - Jan 2025
Italy (%) 67.5 Jan 2025 monthly Jan 2004 - Jan 2025
Ivory Coast (%) 66.7 2023 yearly 1990 - 2023
Japan (%) 63.2 Jan 2025 monthly Jan 1968 - Jan 2025
Jordan (%) 38.5 2023 yearly 1990 - 2023
Kazakhstan (%) 68.4 Sep 2024 quarterly Jun 2001 - Sep 2024
Kenya (%) 67.0 2023 yearly 1990 - 2023
South Korea (%) 63.7 Feb 2025 monthly Jun 1999 - Feb 2025
Kosovo (%) 42.3 Dec 2023 quarterly Mar 2016 - Dec 2023
Kuwait (%) 74.1 2023 yearly 1990 - 2023
Kyrgyzstan (%) 58.7 2023 yearly 1994 - 2023
Laos (%) 66.0 2023 yearly 1990 - 2023
Latvia (%) 68.0 Dec 2024 quarterly Mar 2002 - Dec 2024
Lebanon (%) 45.8 2023 yearly 1990 - 2023
Lithuania (%) 63.2 Dec 2024 quarterly Jun 1998 - Dec 2024
Luxembourg (%) 55.0 2023 yearly 2000 - 2023
Macau SAR, China (%) 67.2 Jan 2025 monthly Sep 1996 - Jan 2025
North Macedonia (%) 52.5 Dec 2024 quarterly Mar 2023 - Dec 2024
Malawi (%) 67.3 2023 yearly 1990 - 2023
Malaysia (%) 70.6 Jan 2025 monthly Jan 2010 - Jan 2025
Malta (%) 83.3 Dec 2024 quarterly Mar 2018 - Dec 2024
Mauritius (%) 58.5 Sep 2024 quarterly Mar 2004 - Sep 2024
Mexico (%) 59.4 Jan 2025 monthly Jan 2005 - Jan 2025
Moldova (%) 42.5 Dec 2024 quarterly Mar 2015 - Dec 2024
Mongolia (%) 62.2 Dec 2024 quarterly Sep 2006 - Dec 2024
Montenegro (%) 64.5 Sep 2024 quarterly Mar 2008 - Sep 2024
Morocco (%) 43.6 Sep 2024 quarterly Mar 1999 - Sep 2024
Mozambique (%) 79.0 2023 yearly 1990 - 2023
Myanmar (%) 60.7 2023 yearly 1991 - 2023
Nepal (%) 39.8 2023 yearly 1990 - 2023
Netherlands (%) 72.8 Jan 2025 monthly Jan 2003 - Jan 2025
New Zealand (%) 71.3 Dec 2024 quarterly Mar 1986 - Dec 2024
Nigeria (%) 82.6 2023 yearly 1990 - 2023
Norway (%) 65.3 2023 yearly 1989 - 2023
Oman (%) 67.8 2023 yearly 1990 - 2023
Pakistan (%) 32.3 2021 yearly 1990 - 2021
Palestinian Territory (%) 45.6 Jun 2024 quarterly Jun 2002 - Jun 2024
Panama (%) 63.3 2024 yearly 2003 - 2024
Paraguay (%) 71.4 Dec 2024 quarterly Mar 2017 - Dec 2024
Peru (%) 72.4 2022 yearly 2001 - 2022
Philippines (%) 63.9 Jan 2025 quarterly Jul 2003 - Jan 2025
Poland (%) 58.6 Sep 2024 quarterly Mar 2010 - Sep 2024
Portugal (%) 60.5 Dec 2024 quarterly Mar 2011 - Dec 2024
Qatar (%) 87.7 2023 yearly 2006 - 2023
Romania (%) 51.5 Sep 2024 quarterly Mar 1996 - Sep 2024
Russia (%) 68.4 Feb 2024 monthly Aug 2009 - Feb 2024
Saudi Arabia (%) 61.7 Mar 2023 quarterly Jun 2016 - Mar 2023
Serbia (%) 56.4 Sep 2024 quarterly Mar 2014 - Sep 2024
Slovakia (%) 61.6 Jun 2024 quarterly Mar 2021 - Jun 2024
Slovenia (%) 58.6 Dec 2024 quarterly Mar 2008 - Dec 2024
South Africa (%) 60.2 Sep 2024 quarterly Mar 2008 - Sep 2024
Spain (%) 58.5 Dec 2024 quarterly Mar 2021 - Dec 2024
Sri Lanka (%) 46.6 Sep 2024 quarterly Mar 2004 - Sep 2024
Sudan (%) 47.6 2023 yearly 1990 - 2023
Sweden (%) 74.8 Jan 2025 monthly Apr 2005 - Jan 2025
Switzerland (%) 67.8 Dec 2024 quarterly Mar 2010 - Dec 2024
Syria (%) 38.0 2023 yearly 1990 - 2023

Mongolia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.0 Dec 2024 quarterly Dec 2000 - Dec 2024
Consolidated Fiscal Balance (USD mn) -143.592 Jan 2025 monthly Jan 2000 - Jan 2025
Tax Revenue (USD mn) 721.583 Dec 2024 monthly Jan 2000 - Dec 2024
Tax Revenue: % of GDP (%) 24.3 Dec 2024 quarterly Mar 2000 - Dec 2024
Government Debt: % of GDP (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
Forecast: Government Expenditure (MNT bn) 56,654.300 2029 yearly 1981 - 2029
Forecast: Government Net Debt (MNT bn) 73,520.949 2029 yearly 2006 - 2029
Forecast: Government Revenue (MNT bn) 53,969.915 2029 yearly 1981 - 2029
General Government Expenditure & NL: ytd: Net Lending (MNT mn) 6,007.785 Jan 2025 monthly Dec 1999 - Jan 2025
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 113,203.269 Jan 2025 monthly Dec 1999 - Jan 2025
General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 7,924,167.600 Dec 2024 monthly Dec 1999 - Dec 2024
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 296,288.913 Jan 2025 monthly Dec 1999 - Jan 2025
General Government Balance: ytd (MNT mn) -492,703.800 Jan 2025 monthly Dec 1999 - Jan 2025
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 2,154,886.548 Jan 2025 monthly Dec 1999 - Jan 2025
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 22,066,910.300 Dec 2024 monthly Dec 1999 - Dec 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
Trade Balance (USD mn) 247.8 Feb 2025 monthly Jan 1997 - Feb 2025
Total Exports (USD mn) 985.6 Feb 2025 monthly Jan 1997 - Feb 2025
Total Exports Growth (%) 48.0 Apr 2023 monthly Jan 1998 - Apr 2023
Aluminum: Exports (USD th) 14,124.169 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 104.261 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 4,949.388 2023 yearly 1995 - 2023
Total Imports (USD mn) 737.7 Feb 2025 monthly Jan 1997 - Feb 2025
Total Imports Growth (%) 11.7 Feb 2025 monthly Jan 1998 - Feb 2025
Imports: Medicament (USD th) 149,447.781 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 98,630.694 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 9.296 Feb 2025 monthly Dec 1999 - Feb 2025
Total Imports from USA (USD mn) 30.304 Feb 2025 monthly Dec 1999 - Feb 2025
Total Exports to China (USD mn) 863.486 Feb 2025 monthly Dec 1999 - Feb 2025
Total Imports from China (USD mn) 204.503 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: Live Animals and Products of Animal Origin (USD th) 5,098.791 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: Textiles and Textile Articles (USD th) 13,101.987 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: Mineral Products (USD th) 838,352.397 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: Base Metals and Articles Thereof (USD th) 5,374.900 Mar 2019 monthly Dec 1999 - Mar 2019
Exports: Europe: European Union: ow United Kingdom (USD th) 319.274 Feb 2025 monthly Dec 1999 - Feb 2025
Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
Exports: Asia: North Eastern: ow China (USD th) 863,547.687 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Base Metals and Articles Thereof (USD th) 47,145.766 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 142,993.417 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Food Products (USD th) 57,743.099 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Mineral Products (USD th) 209,490.684 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 146,491.254 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: America: ow USA (USD th) 30,303.696 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 29,096.402 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Europe: Others: ow Russian Federation (USD th) 236,393.169 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Asia: North Eastern: ow Japan (USD th) 100,806.768 Feb 2025 monthly Dec 1999 - Feb 2025
Imports: Asia: North Eastern: ow China (USD th) 207,203.752 Feb 2025 monthly Dec 1999 - Feb 2025
Export Value Index (2015=100) 198.040 2021 yearly 1980 - 2021
Import Value Index (2015=100) 180.345 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 109.807 2021 yearly 2000 - 2021
Import Volume Index (2015=100) 147.693 2021 yearly 2000 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 15.9 Jan 2025 monthly Jan 2009 - Jan 2025
Current Account Balance (USD mn) -521.9 Jan 2025 monthly Jan 2009 - Jan 2025
Current Account Balance: % of GDP (%) -11.3 Dec 2024 quarterly Mar 2000 - Dec 2024
Foreign Direct Investment (USD mn) 94.8 Jan 2025 monthly Jan 2009 - Jan 2025
Foreign Direct Investment: % of GDP (%) 8.6 Dec 2024 quarterly Mar 2000 - Dec 2024
Foreign Portfolio Investment (USD mn) 881.865 Dec 2024 quarterly Mar 1998 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) 12.1 Dec 2024 quarterly Mar 2000 - Dec 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -3.0 Dec 2024 quarterly Mar 1998 - Dec 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 884.839 Dec 2024 quarterly Mar 1998 - Dec 2024
External Debt (USD mn) 37,117.3 Dec 2024 quarterly Mar 2000 - Dec 2024
External Debt: % of GDP (%) 157.4 2024 yearly 1992 - 2024
External Debt: Short Term (USD mn) 2,348.1 Dec 2024 quarterly Mar 2000 - Dec 2024
External Debt: Short Term: % of GDP (%) 9.9 2024 yearly 1992 - 2024
Forecast: Current Account Balance (USD bn) -3.388 2029 yearly 1991 - 2029
Net International Investment Position (USD mn) -43,390.758 Dec 2024 quarterly Dec 2010 - Dec 2024
Balance of Payments (BoP): Current Account (CA) (USD mn) -521.897 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: CA: Goods & Services: Goods (USD mn) -1.574 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: CA: Goods & Services: Services (USD mn) -320.947 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: CA: Primary Income (USD mn) -197.620 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: Capital Account (USD mn) 5.698 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: CA: Secondary Income (USD mn) -1.757 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: Financial Account (FA) (USD mn) 4.999 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Direct Investment: Liabilities (USD mn) 94.807 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Direct Investment: Asset (USD mn) 15.874 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Financial Derivatives: Asset (USD mn) -0.065 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Financial Derivatives (USD mn) 2.416 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Portfolio Investment (USD mn) -26.075 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Other Investment (OI) (USD mn) 107.590 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: Net Errors & Omissions (USD mn) -159.513 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Financial Derivatives: Liabilities (USD mn) -2.481 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: OI: Liabilities (USD mn) -165.570 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Portfolio Investment: Asset (USD mn) -1.745 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: Reserves: Assets (USD mn) -680.711 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: OI: Asset (USD mn) -57.980 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Portfolio Investment: Liabilities (USD mn) 24.330 Jan 2025 monthly Jan 2009 - Jan 2025
BoP: FA: Direct Investment (USD mn) -78.933 Jan 2025 monthly Jan 2009 - Jan 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.2 Jan 2025 monthly Dec 1996 - Jan 2025
Household Debt: % of GDP (%) 27.5 Dec 2024 quarterly Mar 2004 - Dec 2024
Non-Performing Loans (USD mn) 560.438 Jan 2025 monthly Dec 1996 - Jan 2025
Money Supply M1 (USD mn) 3,141.363 Jan 2025 monthly Dec 1996 - Jan 2025
Money Supply M2 (USD mn) 12,130.036 Jan 2025 monthly Dec 1996 - Jan 2025
M2 Growth (%) 11.6 Jan 2025 monthly Dec 1997 - Jan 2025
Reserve Requirement Ratio (%) 13.0 Feb 2025 monthly Jan 2005 - Feb 2025
Foreign Exchange Reserves (USD mn) 4,118.2 Jan 2025 monthly Dec 1992 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 20.332 Dec 2024 quarterly Dec 2010 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 4.2 Jan 2025 monthly Jan 1997 - Jan 2025
Gold Reserves (USD mn) 668.568 Jan 2025 monthly Dec 1980 - Jan 2025
Total Deposits (USD mn) 7,685.080 Jan 2025 monthly Jan 2000 - Jan 2025
Total Deposits Growth (%) 19.9 Jan 2025 monthly Jan 2001 - Jan 2025
Domestic Credit (USD mn) 10,474.5 Jan 2025 monthly Dec 1992 - Jan 2025
Domestic Credit Growth (%) 24.7 Jan 2025 monthly Dec 1993 - Jan 2025
Household Debt (USD mn) 6,505.6 Jan 2025 monthly Jan 2004 - Jan 2025
Total Loans (USD mn) 10,841.092 Jan 2025 monthly Dec 1996 - Jan 2025
Total Loans Growth (%) 34.84 Jan 2025 monthly Dec 1997 - Jan 2025
Private Debt: % of Nominal GDP (%) 44.68 Dec 2024 quarterly Dec 2010 - Dec 2024
Money Supply: M2: M1 (MNT mn) 10,832,174.537 Jan 2025 monthly Dec 1990 - Jan 2025
International Reserves: Gross (USD mn) 4,763.400 Feb 2025 monthly Jan 2006 - Feb 2025
Deposits (MNT tn) 26.500 Jan 2025 monthly Jan 2000 - Jan 2025
Deposits: Corporate (MNT tn) 4.200 Jan 2025 monthly May 2018 - Jan 2025
Deposits: Individual (MNT tn) 22.300 Jan 2025 monthly May 2018 - Jan 2025
Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 1,932,525.472 Jan 2025 monthly Dec 1996 - Jan 2025

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