Unemployment rate, aged 15-24 in Mongolia

Mongolia: Unemployment rate, aged 15-24 was 0.2% in 2021. ▲ Rising

Latest (2021)
0.2%
Change on year
down 20.2%
World rank
57th
of 108 countries
All-time high
0.2%
in 2019
All-time low
0.0%
in 2008
Years of data
14
2002–2021

Unemployment rate, aged 15-24 in Mongolia, 2002–2021

00.050.10.150.20.252002201120212002: 0.108 % of labor force aged 15-242006: 0.119 % of labor force aged 15-242007: 0.185 % of labor force aged 15-242008: 0 % of labor force aged 15-242009: 0.201 % of labor force aged 15-242010: 0.112 % of labor force aged 15-242011: 0.12 % of labor force aged 15-242014: 0.082 % of labor force aged 15-242016: 0.138 % of labor force aged 15-242017: 0.182 % of labor force aged 15-242018: 0.166 % of labor force aged 15-242019: 0.23 % of labor force aged 15-242020: 0.226 % of labor force aged 15-242021: 0.181 % of labor force aged 15-24

Source: World Bank. Measured in % of labor force aged 15-24.

Analysis

Mongolia recorded 0.2% for unemployment rate, aged 15-24 in 2021.

The figure is down 20.2% on the previous year and up 50.8% over ten years.

Over the whole period, unemployment rate, aged 15-24 in Mongolia peaked at 0.2% in 2019 and was at its lowest, 0.0%, in 2008.

That places Mongolia 57th out of 108 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently rising across the 14 years of available data.

Unemployment rate, aged 15-24 in Mongolia, year by year

Annual values for Unemployment rate, aged 15-24 (% of labor force aged 15-24) in Mongolia, 2002 to 2021.
Year % of labor force aged 15-24 Change
2002 0.1%
2006 0.1% +9.9%
2007 0.2% +56.1%
2008 0.0% -100.0%
2009 0.2%
2010 0.1% -44.2%
2011 0.1% +6.8%
2014 0.1% -31.6%
2016 0.1% +68.1%
2017 0.2% +32.0%
2018 0.2% -8.5%
2019 0.2% +38.5%
2020 0.2% -1.6%
2021 0.2% -20.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1% 0.0% 0.2% 5
2010s 0.1% 0.1% 0.2% 7
2020s 0.2% 0.2% 0.2% 2

Countries ranked near Mongolia

  1. 54 Belgium 0.2%
  2. 55 Romania 0.2% compare
  3. 56 Estonia 0.2% compare
  4. 58 Belize 0.2%
  5. 59 Trinidad and Tobago 0.2% compare
  6. 60 Venezuela, Bolivarian Republic of 0.2% compare

See the full ranking of 108 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is unemployment rate, aged 15-24 in Mongolia?
Unemployment rate, aged 15-24 in Mongolia was 0.2% in 2021, according to the World Bank.
What is the highest unemployment rate, aged 15-24 recorded in Mongolia?
The highest recorded value was 0.2% in 2019.
What is the lowest unemployment rate, aged 15-24 recorded in Mongolia?
The lowest recorded value was 0.0% in 2008.
How does Mongolia rank for unemployment rate, aged 15-24?
Mongolia ranks 57th out of 108 countries with data for 2021.
Is unemployment rate, aged 15-24 rising or falling in Mongolia?
Over the last ten years it is up 50.8%. The long-run trend across the full record is rising.
Where does this Mongolia data come from?
The figures come from the World Bank, published as part of Unemployment rate, aged 15-24 (% of labor force aged 15-24). Statizoid updates them automatically from the source API.

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Unemployment rate, aged 15-24 in Mongolia. Statizoid. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/unemployment-rate-aged-15-24-percent-of-labor-force-aged-15-24/mongolia/

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About this data

Indicator
Unemployment rate, aged 15-24 (% of labor force aged 15-24)
Unit
% of labor force aged 15-24
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
108 places, 1,528 data points, 1970–2021
Last refreshed