Unemployment rate young vs older adults in Mongolia
Mongolia: Unemployment rate young vs older adults was 11.54 in 2024. ▲ Rising
Unemployment rate young vs older adults in Mongolia, 1991–2024
Source: Our World in Data.
Analysis
In 2024, unemployment rate young vs older adults in Mongolia stood at 11.54.
Compared with earlier readings it is down 0.5% on the previous year and down 3.5% over ten years.
Over the whole period, unemployment rate young vs older adults in Mongolia peaked at 21.13 in 2019 and was at its lowest, 8.37, in 2012.
Mongolia ranks 104th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Unemployment rate young vs older adults in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 8.63 | — |
| 1992 | 8.82 | +2.2% |
| 1993 | 8.82 | +0.1% |
| 1994 | 8.68 | -1.7% |
| 1995 | 8.47 | -2.3% |
| 1996 | 8.56 | +1.1% |
| 1997 | 8.71 | +1.7% |
| 1998 | 8.93 | +2.5% |
| 1999 | 9.1 | +1.8% |
| 2000 | 9.31 | +2.4% |
| 2001 | 9.5 | +2.0% |
| 2002 | 9.66 | +1.7% |
| 2003 | 10.61 | +9.8% |
| 2004 | 10.9 | +2.8% |
| 2005 | 11.28 | +3.5% |
| 2006 | 11.69 | +3.6% |
| 2007 | 12.04 | +3.0% |
| 2008 | 9.74 | -19.1% |
| 2009 | 10.06 | +3.3% |
| 2010 | 14.56 | +44.7% |
| 2011 | 10.27 | -29.4% |
| 2012 | 8.37 | -18.6% |
| 2013 | 10.58 | +26.5% |
| 2014 | 11.96 | +13.0% |
| 2015 | 12.74 | +6.5% |
| 2016 | 20.14 | +58.1% |
| 2017 | 17.43 | -13.4% |
| 2018 | 16.46 | -5.6% |
| 2019 | 21.13 | +28.4% |
| 2020 | 14.89 | -29.5% |
| 2021 | 16.51 | +10.9% |
| 2022 | 11.43 | -30.7% |
| 2023 | 11.61 | +1.5% |
| 2024 | 11.54 | -0.5% |
Mongolia compared with similar countries
- Mongolia's 11.54 is below the median for upper middle income countries, which is 15.67, 74% of the median. (53 countries reporting)
- Mongolia's 11.54 is above the median for East Asia & Pacific, which is 9.41, 1.2× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Unemployment rate young vs older adults in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +58.1% | 12.74 | 20.14 |
| 2010 | +44.7% | 10.06 | 14.56 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.75 | 8.47 | 9.1 | 9 |
| 2000s | 10.48 | 9.31 | 12.04 | 10 |
| 2010s | 14.36 | 8.37 | 21.13 | 10 |
| 2020s | 13.2 | 11.43 | 16.51 | 5 |
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 young vs older adults in Mongolia?
- Unemployment rate young vs older adults in Mongolia was 11.54 in 2024, according to Our World in Data.
- What is the highest unemployment rate young vs older adults recorded in Mongolia?
- The highest recorded value was 21.13 in 2019.
- What is the lowest unemployment rate young vs older adults recorded in Mongolia?
- The lowest recorded value was 8.37 in 2012.
- How does Mongolia rank for unemployment rate young vs older adults?
- Mongolia ranks 104th out of 188 countries with data for 2024.
- Is unemployment rate young vs older adults rising or falling in Mongolia?
- Over the last ten years it is down 3.5%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from Our World in Data, published as part of Unemployment rate young vs older adults. Statizoid updates them automatically from the source API.
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