Mongolia Unemployment Rate
Unemployment as % of total labor force SL.UEM.TOTL.ZS
Mongolia's unemployment rate was 5.23% in 2025, ranked 94th globally. This represents a 4.7% increase from 2024. Data from World Bank, covering 1991–2025.
Overview
Mongolia's unemployment rate stood at 5.23% in 2025, a rise of +0.23pp from 2024. The IMF projects 5.00% by 2025. Mongolia ranked 94th globally.
Mongolia’s unemployment rate has fallen to 5.23 % in 2025, placing the nation 94th in the world according to the World Bank, and represents a modest improvement from the 5.67 % recorded in 1991. The sharpest deterioration occurred in 2019 when the rate peaked at 9.02 %, a spike that coincided with a slowdown in mining investment and a contraction in export demand. The subsequent decline to a trough of 3.90 % in 2012 reflected a period of robust growth in the livestock sector and expansive public‑works programmes. Over the 35‑year series, Mongolia’s unemployment level remains comparable to peers such as Guinea (5.16 %) and Brunei Darussalam (5.28 %). Continued diversification away from mineral‑dependent growth, coupled with reforms to improve labour market flexibility, will be critical to sustaining the recent downward trajectory and preventing a resurgence of the 2019 peak.
Data & projection
| Year | Unemployment Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 5.00% | - | - |
| 2029* IMF | 5.00% | - | - |
| 2028* IMF | 5.00% | - | - |
| 2027* IMF | 5.00% | - | - |
| 2026* IMF | 5.00% | - | - |
| 2025* IMF | 5.00% | - | - |
| 2025 | 5.23% | +0.23pp | #94 |
| 2024 | 5.16% | −0.14pp | #96 |
| 2023 | 5.18% | −1.22pp | #95 |
| 2022 | 5.95% | −2.35pp | #109 |
| 2021 | 7.87% | +1.17pp | #126 |
| 2020 | 6.41% | −3.49pp | #98 |
| 2019 | 9.02% | +1.22pp | #139 |
| 2018 | 5.38% | −3.42pp | #97 |
| 2017 | 6.36% | −3.64pp | #107 |
| 2016 | 7.24% | −0.27pp | #111 |
| 2015 | 4.86% | −3.04pp | #71 |
| 2014 | 4.80% | −3.10pp | #67 |
| 2013 | 4.23% | −3.97pp | #58 |
| 2012 | 3.91% | −3.80pp | #57 |
| 2011 | 4.77% | −5.13pp | #69 |
Detected Pattern
Analysis
Mongolia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw unemployment rate improve within 24 months. View full analysis →
Frequently Asked Questions
Mongolia's unemployment rate was 5.23% in 2025. Ranked 94th globally. This represents a 4.7% increase from the previous year.
Mongolia's unemployment rate peaked at 9.02% in 2019.
The lowest unemployment rate in Mongolia was 3.91% in 2012.
Mongolia ranks 94th globally in unemployment rate as of 2025.
The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.
Mongolia's unemployment rate is projected to reach 5.00% by 2025 based on IMF projection.
The unemployment rate of Mongolia in 2025 was 5.23%. This ranks 94th in the world.
Cite this page
@misc{historysaid_mongolia_unemployment-rate,
title = {Mongolia Unemployment Rate},
url = {https://historysaid.com/mongolia/unemployment-rate/},
publisher = {HistorySaid},
year = {2026}
}