Monthly minimum wage (Local currency), per capita in Mongolia

Mongolia: Monthly minimum wage (Local currency), per capita was 0.1872 units per person in 2024. ◆ Volatile

Latest (2024)
0.1872 units per person
Change on year
up 18.5%
World rank
7th
of 170 countries
All-time high
0.1872 units per person
in 2024
All-time low
0.0394 units per person
in 2010
Years of data
17
2008–2024

Monthly minimum wage (Local currency), per capita in Mongolia, 2008–2024

0.050.10.150.22008201620242008: 0.041 units per person2009: 0.04 units per person2010: 0.039 units per person2011: 0.05 units per person2012: 0.049 units per person2013: 0.066 units per person2014: 0.065 units per person2015: 0.063 units per person2016: 0.062 units per person2017: 0.076 units per person2018: 0.075 units per person2019: 0.098 units per person2020: 0.126 units per person2021: 0.124 units per person2022: 0.16 units per person2023: 0.158 units per person2024: 0.187 units per person

Source: Statizoid (derived). Measured in units per person.

Analysis

The most recent figure for monthly minimum wage (local currency), per capita in Mongolia is 0.1872 units per person, measured in 2024. That is the highest value across all 17 years on record.

That represents a change of up 18.5% on the previous year and up 189.0% over ten years.

Over the whole period, monthly minimum wage (local currency), per capita in Mongolia peaked at 0.1872 units per person in 2024 and was at its lowest, 0.0394 units per person, in 2010.

Mongolia ranks 7th of 170 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Monthly minimum wage (Local currency), per capita in Mongolia, year by year

Annual values for Monthly minimum wage (Local currency), per capita in Mongolia, 2008 to 2024.
Year units per person Change
2008 0.0409 units per person
2009 0.0401 units per person -1.8%
2010 0.0394 units per person -1.7%
2011 0.0504 units per person +27.8%
2012 0.0494 units per person -1.9%
2013 0.0662 units per person +34.0%
2014 0.0648 units per person -2.2%
2015 0.0634 units per person -2.1%
2016 0.0622 units per person -2.0%
2017 0.0762 units per person +22.6%
2018 0.0748 units per person -1.8%
2019 0.0979 units per person +30.9%
2020 0.1262 units per person +28.9%
2021 0.1241 units per person -1.7%
2022 0.1602 units per person +29.0%
2023 0.158 units per person -1.4%
2024 0.1872 units per person +18.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0405 units per person 0.0401 units per person 0.0409 units per person 2
2010s 0.0645 units per person 0.0394 units per person 0.0979 units per person 10
2020s 0.1512 units per person 0.1241 units per person 0.1872 units per person 5

Countries ranked near Mongolia

  1. 4 New Caledonia 0.5691 units per person compare
  2. 5 Paraguay 0.4038 units per person compare
  3. 6 Laos 0.2059 units per person compare
  4. 8 Vanuatu 0.1744 units per person compare
  5. 9 Guyana 0.0724 units per person compare
  6. 10 Costa Rica 0.0699 units per person compare

See the full ranking of 170 places →

More work & labour data for Mongolia

All data for Mongolia →

Frequently asked questions

What is monthly minimum wage (local currency), per capita in Mongolia?
Monthly minimum wage (local currency), per capita in Mongolia was 0.1872 units per person in 2024, according to Statizoid (derived).
What is the highest monthly minimum wage (local currency), per capita recorded in Mongolia?
The highest recorded value was 0.1872 units per person in 2024.
What is the lowest monthly minimum wage (local currency), per capita recorded in Mongolia?
The lowest recorded value was 0.0394 units per person in 2010.
How does Mongolia rank for monthly minimum wage (local currency), per capita?
Mongolia ranks 7th out of 170 countries with data for 2024.
Is monthly minimum wage (local currency), per capita rising or falling in Mongolia?
Over the last ten years it is up 189.0%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), per capita. Statizoid updates them automatically from the source API.

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Monthly minimum wage (Local currency), per capita in Mongolia. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://labour.statizoid.com/stat/monthly-minimum-wage-local-currency-per-capita/mongolia/

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How this figure is calculated

Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Monthly minimum wage (Local currency) ÷ Population, total

Computed from

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

Indicator
Monthly minimum wage (Local currency), per capita
Unit
units per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 3,872 data points, 1980–2025
Last refreshed

Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.