Unemployment rate for persons ages 25 to 54 in Mongolia
Mongolia: Unemployment rate for persons ages 25 to 54 was 2.21 in 2018. ▼ Falling
Unemployment rate for persons ages 25 to 54 in Mongolia, 2003–2018
Source: International Labour Organization.
Analysis
The most recent figure for unemployment rate for persons ages 25 to 54 in Mongolia is 2.21, measured in 2018. That is the lowest value across all 12 years on record.
The figure is down 57.1% on the previous year and down 54.4% over ten years.
Over the whole period, unemployment rate for persons ages 25 to 54 in Mongolia peaked at 6.09 in 2006 and was at its lowest, 2.21, in 2018.
That places Mongolia 67th out of 82 countries with data for 2018, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Unemployment rate for persons ages 25 to 54 in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 5.89 | — |
| 2006 | 6.09 | +3.3% |
| 2008 | 4.84 | -20.4% |
| 2009 | 4.95 | +2.3% |
| 2010 | 4.91 | -0.8% |
| 2011 | 3.76 | -23.5% |
| 2012 | 3.08 | -18.1% |
| 2013 | 3.18 | +3.3% |
| 2014 | 3.72 | +17.2% |
| 2016 | 5.64 | +51.5% |
| 2017 | 5.14 | -8.8% |
| 2018 | 2.21 | -57.1% |
Mongolia compared with similar countries
- Mongolia's 2.21 is below the median for upper middle income countries, which is 4.01, 55% of the median. (29 countries reporting)
- Mongolia's 2.21 is above the median for East Asia & Pacific, which is 1.22, 1.8× the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.44 | 4.84 | 6.09 | 4 |
| 2010s | 3.95 | 2.21 | 5.64 | 8 |
Countries ranked near Mongolia
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 unemployment rate for persons ages 25 to 54 in Mongolia?
- Unemployment rate for persons ages 25 to 54 in Mongolia was 2.21 in 2018, according to International Labour Organization.
- What is the highest unemployment rate for persons ages 25 to 54 recorded in Mongolia?
- The highest recorded value was 6.09 in 2006.
- What is the lowest unemployment rate for persons ages 25 to 54 recorded in Mongolia?
- The lowest recorded value was 2.21 in 2018.
- How does Mongolia rank for unemployment rate for persons ages 25 to 54?
- Mongolia ranks 67th out of 82 countries with data for 2018.
- Is unemployment rate for persons ages 25 to 54 rising or falling in Mongolia?
- Over the last ten years it is down 54.4%. The long-run trend across the full record is falling.
- Where does this Mongolia data come from?
- The figures come from International Labour Organization, published as part of Unemployment rate for persons ages 25 to 54 (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
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About this data
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. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. Prime-age refers to persons aged 25 to 54 years. The unemployment rate conveys the number of persons who are unemployed as a percent of the labour force (i.e., the employed plus the unemployed). The unemployed comprise all persons of working age who were: a) without work during the reference period, i.e. were not in paid employment or self-employment; b) currently available for work, i.e. were available for paid employment or self-employment during the reference period; and c) seeking work, i.e. had taken specific steps in a specified recent period to seek paid employment or self-employment. For more information, refer to the Gender Equality and Non-Discrimination Indicators (GEND) database description.