Mongolia Unemployment Rate
Mongolia's unemployment rate fell to 4.5% in Q2 2025, the lowest since Q4 2023, down from 5.4% in Q1 2025. This decrease is due to expansion in the mining sector and growth in services, supported by increased economic activity and government spending. Mongolia's record low unemployment rate was 3.9% in Q4 2023 and record high was 11.6% in Q1 2016.
Quarterly Historical Data (2015-2025)
(in %)Mongolia Unemployment Rate : Definition
The Mongolia unemployment rate represents the share of the labor force actively seeking work but currently jobless. The National Statistical Office calculates this rate by dividing the count of unemployed individuals by the total labor force size, then multiplying the result by 100. The labor force includes both employed and unemployed persons.