Average monthly earnings of employees in Mongolia

Mongolia: Average monthly earnings of employees was 1.65 million in 2024. ▲ Rising

Latest (2024)
1.65 million
Change on year
up 54.5%
World rank
4th
of 47 countries
All-time high
1.65 million
in 2024
All-time low
787,550
in 2019
Years of data
5
2019–2024

Average monthly earnings of employees in Mongolia, 2019–2024

0500.0k1.0M1.5M2019202120242019: 787.5k2020: 850.6k2021: 901.9k2022: 1.1M2024: 1.7M

Source: International Labour Organization.

Analysis

In 2024, average monthly earnings of employees in Mongolia stood at 1.65 million. That is the highest value across all 5 years on record.

That represents a change of up 54.5% on the previous year and up 109.6% over ten years.

Mongolia ranks 4th of 47 countries on this measure, in the top 10%.

Average monthly earnings of employees in Mongolia, year by year

Annual values for Average monthly earnings of employees in Mongolia, 2019 to 2024.
Year Value Change
2019 787,550
2020 850,569 +8.0%
2021 901,898 +6.0%
2022 1.07 million +18.5%
2024 1.65 million +54.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 787,550 787,550 787,550 1
2020s 1.12 million 850,569 1.65 million 4

Countries ranked near Mongolia

  1. 1 Indonesia 2.96 million compare
  2. 2 Paraguay 2.87 million
  3. 3 Colombia 2.02 million compare
  4. 5 Cambodia 1.08 million
  5. 6 Argentina 1.01 million compare
  6. 7 Chile 966,378 compare

See the full ranking of 47 places →

More work & labour data for Mongolia

All data for Mongolia →

Frequently asked questions

What is average monthly earnings of employees in Mongolia?
Average monthly earnings of employees in Mongolia was 1.65 million in 2024, according to International Labour Organization.
What is the highest average monthly earnings of employees recorded in Mongolia?
The highest recorded value was 1.65 million in 2024.
What is the lowest average monthly earnings of employees recorded in Mongolia?
The lowest recorded value was 787,550 in 2019.
How does Mongolia rank for average monthly earnings of employees?
Mongolia ranks 4th out of 47 countries with data for 2024.
Is average monthly earnings of employees rising or falling in Mongolia?
Over the last ten years it is up 109.6%. The long-run trend across the full record is rising.
Where does this Mongolia data come from?
The figures come from International Labour Organization, published as part of Average monthly earnings of employees. Statizoid updates them automatically from the source API.

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Average monthly earnings of employees in Mongolia. Statizoid, drawing on International Labour Organization. Retrieved 08 September 2026, from https://labour.statizoid.com/stat/average-monthly-earnings-of-employees/mongolia/

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About this data

Indicator
Average monthly earnings of employees
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
47 places, 536 data points, 1989–2025
Last refreshed

With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. The earnings of employees relate to the gross remuneration in cash and in kind paid to employees, as a rule at regular intervals, for time worked or work done together with remuneration for time not worked, such as annual vacation, other type of paid leave or holidays. Earnings exclude employers' contributions in respect of their employees paid to social security and pension schemes and also the benefits received by employees under these schemes. Earnings also exclude severance and termination pay. For more information, refer to the Wages and Working Time Statistics (COND) database description.