Wage bill as a percentage of GDP in Mongolia
Mongolia: Wage bill as a percentage of GDP was 5.9% in 2021. ▼ Falling
Latest (2021)
5.9%
Change on year
down 16.9%
World rank
130th
of 188 countries
All-time high
8.7%
in 2009
All-time low
5.8%
in 2018
Years of data
14
2008–2021
Wage bill as a percentage of GDP in Mongolia, 2008–2021
Source: World Bank.
Analysis
The most recent figure for wage bill as a percentage of gdp in Mongolia is 5.9%, measured in 2021.
That represents a change of down 16.9% on the previous year and down 3.5% over ten years.
Over the whole period, wage bill as a percentage of gdp in Mongolia peaked at 8.7% in 2009 and was at its lowest, 5.8%, in 2018.
Mongolia ranks 130th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.5% | 8.3% | 8.7% | 2 |
| 2010s | 6.7% | 5.8% | 7.5% | 10 |
| 2020s | 6.5% | 5.9% | 7.1% | 2 |
Countries ranked near Mongolia
More reference data data for Mongolia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.8173 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.37 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.25 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0069 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.25 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.74 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.16 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 12.74 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 18.89 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0378 (2050)
Frequently asked questions
- What is wage bill as a percentage of gdp in Mongolia?
- Wage bill as a percentage of gdp in Mongolia was 5.9% in 2021, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in Mongolia?
- The highest recorded value was 8.7% in 2009.
- What is the lowest wage bill as a percentage of gdp recorded in Mongolia?
- The lowest recorded value was 5.8% in 2018.
- How does Mongolia rank for wage bill as a percentage of gdp?
- Mongolia ranks 130th out of 188 countries with data for 2021.
- Is wage bill as a percentage of gdp rising or falling in Mongolia?
- Over the last ten years it is down 3.5%. The long-run trend across the full record is falling.
- Where does this Mongolia data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).