Mongolia Unemployment Rate

Unemployment Rate in Mongolia increased to 7.60 percent in the third quarter of 2013 from 7.30 percent in the second quarter of 2013. Unemployment Rate in Mongolia is reported by the National Statistical Office of Mongolia. Unemployment Rate in Mongolia averaged 5.72 Percent from 1990 until 2013, reaching an all time high of 10.30 Percent in the first quarter of 2012 and a record low of 2.80 Percent in the fourth quarter of 2007. In Mongolia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Mongolia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
7.60 7.30 10.30 2.80 8.80 | 2013/12 1990 - 2013 Percent Quarterly

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Mongolia Unemployment Rate
LIST BY COUNTRY

Labour Last Previous Highest Lowest Forecast Unit
Population 2.80 2012-12-31 2.75 2.80 0.96 2.84 2013-12-31 Million [+]
Unemployment Rate 7.60 2013-09-30 7.30 10.30 2.80 8.80 2013-12-31 Percent [+]
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Unemployment Rate | Notes
The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.


RELATED NEWS

Mongolia Inflation Rate at 12.20 Percent  
The inflation rate in Mongolia was recorded at 12.20 percent in February of 2014. Inflation Rate in Mongolia is reported by the Mongolbank.
Mongolia Interest Rate at 10.50 Percent  
The benchmark interest rate in Mongolia was last recorded at 10.50 percent. Interest Rate in Mongolia is reported by the Mongolbank.
Mongolia Personal Income Tax Rate at 10.00 percent  
The Personal Income Tax Rate in Mongolia stands at 10 percent. Personal Income Tax Rate in Mongolia is reported by the General Department of National Taxation.
Mongolia Corporate Tax Rate at 25.00 percent  
The Corporate Tax Rate in Mongolia stands at 25 percent. Corporate Tax Rate in Mongolia is reported by the General Department of National Taxation.
Mongolia Sales Tax Rate | VAT at 10.00 Percent  
The Sales Tax Rate in Mongolia stands at 10 percent. Sales Tax Rate in Mongolia is reported by the General Department of National Taxation.
Mongolia GDP Annual Growth Rate at 11.70 Percent  
The Gross Domestic Product (GDP) in Mongolia expanded 11.70 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Mongolia is reported by the National Statistical Office of Mongolia.
Mongolia Unemployment Rate at 7.60 Percent  
Unemployment Rate in Mongolia increased to 7.60 percent in the third quarter of 2013 from 7.30 percent in the second quarter of 2013. Unemployment Rate in Mongolia is reported by the National Statistical Office of Mongolia.
Mongolia Balance of Trade at -33.10 USD Million  
Mongolia recorded a trade deficit of 33.10 USD Million in December of 2013. Balance of Trade in Mongolia is reported by the Mongolbank.
Mongolia Current Account at -870.80 USD Million  
Mongolia recorded a Current Account deficit of 870.80 USD Million in the third quarter of 2013. Current Account in Mongolia is reported by the Mongolbank.
Mongolia Imports at 438.80 USD Million  
Imports in Mongolia decreased to 438.80 USD Million in December of 2013 from 448.30 USD Million in November of 2013. Imports in Mongolia is reported by the Mongolbank.
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