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
132nd
of 191 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 132nd of 191 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.
Wage bill as a percentage of GDP in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 8.3% | — |
| 2009 | 8.7% | +5.2% |
| 2010 | 6.6% | -24.0% |
| 2011 | 6.1% | -8.3% |
| 2012 | 7.2% | +17.8% |
| 2013 | 7.1% | -1.7% |
| 2014 | 7.1% | +1.2% |
| 2015 | 7.5% | +4.6% |
| 2016 | 7.3% | -2.3% |
| 2017 | 6.4% | -11.9% |
| 2018 | 5.8% | -10.3% |
| 2019 | 6.0% | +3.4% |
| 2020 | 7.1% | +18.6% |
| 2021 | 5.9% | -16.9% |
Mongolia compared with similar countries
- Mongolia's 5.9% is below the median for upper middle income countries, which is 8.4%, 70% of the median. (57 countries reporting)
- Mongolia's 5.9% is below the median for East Asia & Pacific, which is 8.6%, 68% of the median. (30 countries reporting)
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 132nd out of 191 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).