Mongolia Average Hourly Earnings 2024: $7.81

Mongolia's average hourly earnings in 2024 is $7.81, up 28.4% from 2023. It ranks #17 of 41 countries.

Average hourly earnings compare employee pay rates globally, offering insights into wage disparities and economic strength.

Source (2024): Average hourly earnings of employees | Our World in Data

Historical Trend

Average Hourly Earnings over time

Year-by-Year Data
YearValueChange% ChangeActions
20247.81 USD+1.73 USD+28.43%
20236.08 USD+0.65 USD+11.97%
20225.43 USD+0.42 USD+8.30%
20215.01 USD+0.19 USD+3.90%
20204.82 USD+0.69 USD+16.72%
20194.13 USD+0.36 USD+9.40%
20183.78 USD+0.1 USD+2.58%
20173.68 USD0.09 USD-2.46%
20163.78 USD0.12 USD-3.03%
20153.89 USD+0.12 USD+3.15%
20143.78 USD+0.09 USD+2.44%
20133.69 USD+0.2 USD+5.80%
20123.48 USD+0.83 USD+31.48%
20102.65 USD——

Frequently Asked Questions About Mongolia Average Hourly Earnings

What is Mongolia's average hourly earnings in 2024?▾

Mongolia's average hourly earnings is $7.81 in 2024, according to Average hourly earnings of employees | International Labour Organization via Our World in Data.

Is Mongolia's average hourly earnings increasing or decreasing?▾

Mongolia's average hourly earnings rose by 28.4% from 2023 ($6.08) to 2024 ($7.81). Over the past decade (2014–2024) it rose by 106.8%.

How does Mongolia rank for average hourly earnings?▾

In 2024, Mongolia has the 17th highest average hourly earnings out of 41 countries with data.

What was Mongolia's average hourly earnings in 2010?▾

In 2010, Mongolia's average hourly earnings was $2.65. By 2024 it rose by 194.7%.

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