Unemployment rates: modeled vs. national estimates in Mongolia

Mongolia: Unemployment rates: modeled vs. national estimates was 5.8% in 2024. ▼ Falling

Latest (2024)
5.8%
Change on year
up 12.2%
World rank
81st
of 185 countries
All-time high
9.0%
in 2019
All-time low
3.3%
in 2005
Years of data
32
1993–2024

Unemployment rates: modeled vs. national estimates in Mongolia, 1993–2024

02468101993200820241993: 8.6 %1994: 9 %1995: 5.5 %1996: 6.7 %1997: 7.7 %1998: 5.9 %1999: 4.7 %2000: 4.6 %2001: 4.6 %2002: 6.2 %2003: 6.8 %2004: 3.6 %2005: 3.3 %2006: 7.2 %2007: 7.2 %2008: 5.6 %2009: 5.9 %2010: 6.5 %2011: 4.8 %2012: 3.9 %2013: 4.2 %2014: 4.8 %2015: 4.9 %2016: 7.2 %2017: 6.4 %2018: 5.4 %2019: 9 %2020: 6.4 %2021: 7.9 %2022: 6 %2023: 5.2 %2024: 5.8 %

Source: Labour Force Statistics, via World Bank (2026) – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for unemployment rates: modeled vs. national estimates in Mongolia is 5.8%, measured in 2024.

The figure is up 12.2% on the previous year and up 21.1% over ten years.

Over the whole period, unemployment rates: modeled vs. national estimates in Mongolia peaked at 9.0% in 2019 and was at its lowest, 3.3%, in 2005.

Mongolia ranks 81st of 185 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 32 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.9% 4.7% 9.0% 7
2000s 5.5% 3.3% 7.2% 10
2010s 5.7% 3.9% 9.0% 10
2020s 6.2% 5.2% 7.9% 5

Countries ranked near Mongolia

  1. 78 Egypt 5.9% compare
  2. 79 Liberia 5.9% compare
  3. 80 Brazil 5.8% compare
  4. 82 Austria 5.8% compare
  5. 83 Senegal 5.8% compare
  6. 84 Azerbaijan 5.7% compare

See the full ranking of 185 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is unemployment rates: modeled vs. national estimates in Mongolia?
Unemployment rates: modeled vs. national estimates in Mongolia was 5.8% in 2024, according to Labour Force Statistics, via World Bank (2026) – processed by Our World in Data.
What is the highest unemployment rates: modeled vs. national estimates recorded in Mongolia?
The highest recorded value was 9.0% in 2019.
What is the lowest unemployment rates: modeled vs. national estimates recorded in Mongolia?
The lowest recorded value was 3.3% in 2005.
How does Mongolia rank for unemployment rates: modeled vs. national estimates?
Mongolia ranks 81st out of 185 countries with data for 2024.
Is unemployment rates: modeled vs. national estimates rising or falling in Mongolia?
Over the last ten years it is up 21.1%. The long-run trend across the full record is falling.
Where does this Mongolia data come from?
The figures come from Labour Force Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Unemployment rates: modeled vs. national estimates. Statizoid updates them automatically from the source API.

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About this data

Indicator
Unemployment rates: modeled vs. national estimates
Unit
%
Source
Labour Force Statistics, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
185 places, 5,169 data points, 1960–2025
Last refreshed

Share of the labor force without work, but actively looking for a job and available to start soon. Figures refer to national estimates and may not be fully comparable across countries.