Unemployment Rate rose 83.9% to 7.96% in Mongolia in 2021, according to .
Historically, Unemployment Rate in Mongolia reached an all time high of 7.96% in 2021 and an all time low of 3.91% in 2012. When compared to Mongolia's main peers, Unemployment Rate in China amounted to 4.00%, 4.95% in Kazakhstan, 7.03% in Kyrgyzstan and 4.95% in Russia in 2021.
Mongolia has been ranked 26th within the group of 102 countries we follow in terms of Unemployment Rate, 86 places above the position seen 10 years ago.
| Unemployment Rate | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| China | % | 4.40% | 4.30% | 4.60% | 5.00% | 4.00% | ||||||||||||||||
| Germany | % | 3.75% | 3.38% | 3.14% | 4.31% | 3.27% | ||||||||||||||||
| India | % | 5.41% | 5.33% | 5.27% | 7.11% | ... | ... | ... | ||||||||||||||
| Japan | % | 2.80% | 2.40% | 2.40% | 2.97% | 2.87% | ||||||||||||||||
| Kazakhstan | % | 4.90% | 4.85% | 4.80% | 6.05% | 4.95% | ||||||||||||||||
| Kyrgyzstan | % | 6.89% | 6.79% | 6.72% | 7.89% | 7.03% | ||||||||||||||||
| Mongolia | % | 6.36% | 5.38% | 5.31% | 4.33% | 7.96% | ||||||||||||||||
| Russia | % | 5.21% | 4.85% | 4.60% | 5.73% | 4.95% | ||||||||||||||||
| Tajikistan | % | 6.81% | 6.72% | 6.66% | 7.50% | ... | ... | ... | ||||||||||||||
| USA | % | 4.36% | 3.90% | 3.67% | 8.31% | 3.61% | ||||||||||||||||
| Uzbekistan | % | 5.80% | 5.71% | 5.65% | 5.97% | ... | ... | ... |