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Mongolia Youth Unemployment

Youth unemployment (ages 15-24)  SL.UEM.1524.ZS

Mongolia's youth unemployment was 11.71% in 2025, ranked 85th globally. This represents a 1.5% increase from 2024. Data from World Bank, covering 1991–2025.

11.71% +0.17pp (+1.5%)
Year 2025 Rank #85 Global Peak 21.13% (2019) Source World Bank

Mongolia Youth Unemployment (1991–2025)

Overview

Mongolia's youth unemployment stood at 11.71% in 2025, a rise of +0.17pp from 2024. Based on recent trends, this figure is projected to reach 9.71% by 2026. Mongolia ranked 85th globally.

Mongolia’s youth unemployment rate stood at 11.71 % in 2025, placing the country 85th in the world according to World Bank data. Over the 35‑year series, the indicator has shown considerable volatility, climbing from an early‑record 8.63 % in 1991 to an all‑time peak of 21.13 % in 2019 before falling to a trough of 8.37 % in 2012. The recent level is closely aligned with peer nations such as Paraguay (11.69 %) and Denmark (11.74 %), suggesting that Mongolia’s labor market for young people is now comparable to both developing and advanced economies. The post‑peak decline reflects a combination of modest economic diversification and targeted employment programmes that have moderated the surge seen during the late‑2010s mining boom. Continued reforms in vocational training and the expansion of non‑extractive sectors will be crucial to sustain the downward trajectory and prevent a reversal of the gains achieved since the 2012 trough.

Data & projection

Year Youth Unemployment YoY change Rank
2028* trend 7.82% - -
2027* trend 8.76% - -
2026* trend 9.71% - -
2025 11.71% +0.17pp #85
2024 11.54% −0.06pp #83
2023 11.61% +0.17pp #87
2022 11.43% −5.07pp #84
2021 16.51% +1.62pp #106
2020 14.89% −6.24pp #89
2019 21.13% +4.67pp #136
2018 16.46% −0.97pp #113
2017 17.44% −2.71pp #114
2016 20.14% +7.40pp #123
2015 12.74% +0.78pp #84
2014 11.96% +1.38pp #79
2013 10.58% +2.22pp #76
2012 8.37% −1.91pp #49
2011 10.27% −4.29pp #72
Show all years (1991-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +44.6% GDP growth 7.4% C/A balance 0.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Mongolia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw youth unemployment improve within 24 months. View full analysis →

Frequently Asked Questions

What is Mongolia's youth unemployment?▾

Mongolia's youth unemployment was 11.71% in 2025. Ranked 85th globally. This represents a 1.5% increase from the previous year.

What was the highest youth unemployment in Mongolia?▾

Mongolia's youth unemployment peaked at 21.13% in 2019.

What was the lowest youth unemployment in Mongolia?▾

The lowest youth unemployment in Mongolia was 8.37% in 2012.

How does Mongolia rank in youth unemployment?▾

Mongolia ranks 85th globally in youth unemployment as of 2025.

What is the World Bank indicator code for youth unemployment?▾

The World Bank indicator code is SL.UEM.1524.ZS. Data sourced from World Bank.

What is the projected youth unemployment of Mongolia in 2026?▾

Mongolia's youth unemployment is projected to reach 9.71% by 2026 based on trend extrapolation.

What is the youth unemployment of Mongolia in 2025?▾

The youth unemployment of Mongolia in 2025 was 11.71%. This ranks 85th in the world.

Cite this page

APA
Mongolia Youth Unemployment. HistorySaid. Retrieved October 28, 2026, from https://historysaid.com/mongolia/youth-unemployment/
BibTeX
@misc{historysaid_mongolia_youth-unemployment, title = {Mongolia Youth Unemployment}, url = {https://historysaid.com/mongolia/youth-unemployment/}, publisher = {HistorySaid}, year = {2026} }
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