Minimum Wages in Mongolia increased to 660000 MNT/Month in 2024 from 550000 MNT/Month in 2023. Minimum Wages in Mongolia averaged 396750.00 MNT/Month from 2017 until 2024, reaching an all time high of 660000.00 MNT/Month in 2024 and a record low of 192000.00 MNT/Month in 2018. source: Ministry of Labour and Social Protection

Related	Last	Previous	Unit	Reference
Employed Persons	1360306.00	1347144.00		Sep 2024
Employment Rate	59.20	58.60	percent	Sep 2024
Labor Force Participation Rate	63.00	62.20	percent	Sep 2024
Minimum Wages	660000.00	550000.00	MNT/Month	Jan 2024
Population	3.50	3.45	Million	Dec 2023
Retirement Age Men	60.00	60.00	Years	Dec 2024
Retirement Age Women	55.00	55.00	Years	Dec 2024
Unemployed Persons	88064.00	82273.00		Sep 2024
Unemployment Rate	6.10	5.80	percent	Sep 2024
Wages	2479.60	2464.90	MNT Thousand/Month	Sep 2024
Wages in Manufacturing	2271.70	2225.20	MNT Thousand/Month	Sep 2024