Monthly minimum wage (Local currency), annual growth rate in Mongolia
Mongolia: Monthly minimum wage (Local currency), annual growth rate was 20 % change on previous year in 2024. ◆ Volatile
Monthly minimum wage (Local currency), annual growth rate in Mongolia, 2009–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Mongolia recorded 20 % change on previous year for monthly minimum wage (local currency), annual growth rate in 2024.
Compared with earlier readings it is down 40.0% over five years.
Over the whole period, monthly minimum wage (local currency), annual growth rate in Mongolia peaked at 36.75 % change on previous year in 2013 and was at its lowest, 0 % change on previous year, in 2009.
That places Mongolia 26th out of 168 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), annual growth rate in Mongolia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2009 | 0 % change on previous year | — |
| 2010 | 0 % change on previous year | — |
| 2011 | 30 % change on previous year | — |
| 2012 | 0 % change on previous year | -100.0% |
| 2013 | 36.75 % change on previous year | — |
| 2014 | 0 % change on previous year | -100.0% |
| 2015 | 0 % change on previous year | — |
| 2016 | 0 % change on previous year | — |
| 2017 | 25 % change on previous year | — |
| 2018 | 0 % change on previous year | -100.0% |
| 2019 | 33.33 % change on previous year | — |
| 2020 | 31.25 % change on previous year | -6.2% |
| 2021 | 0 % change on previous year | -100.0% |
| 2022 | 30.95 % change on previous year | — |
| 2023 | 0 % change on previous year | -100.0% |
| 2024 | 20 % change on previous year | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0 % change on previous year | 0 % change on previous year | 0 % change on previous year | 1 |
| 2010s | 12.51 % change on previous year | 0 % change on previous year | 36.75 % change on previous year | 10 |
| 2020s | 16.44 % change on previous year | 0 % change on previous year | 31.25 % change on previous year | 5 |
Countries ranked near Mongolia
- 23 Palau 21.29 % change on previous year compare
- 24 Serbia 20.46 % change on previous year compare
- 25 Mexico 20 % change on previous year compare
- 27 Trinidad and Tobago 17.12 % change on previous year compare
- 28 Slovenia 15.96 % change on previous year compare
- 29 Pakistan 15.62 % change on previous year compare
More work & labour data for Mongolia
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.1039 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.1076 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.0999 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.07 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.05 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 3,167 1000 No (2050)
- Population - Est. & Proj. — Rural population 908.11 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,756 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,763 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,519 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage (local currency), annual growth rate in Mongolia?
- Monthly minimum wage (local currency), annual growth rate in Mongolia was 20 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), annual growth rate recorded in Mongolia?
- The highest recorded value was 36.75 % change on previous year in 2013.
- What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Mongolia?
- The lowest recorded value was 0 % change on previous year in 2009.
- How does Mongolia rank for monthly minimum wage (local currency), annual growth rate?
- Mongolia ranks 26th out of 168 countries with data for 2024.
- Where does this Mongolia data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Monthly minimum wage International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.