Welcome to your guide to the Mongolia job market. Finding the right job or candidate requires solid data. Here you will find key figures on employment, salaries and the economy to support your next career step or recruitment decision in Mongolia.
Job market overview
| Key metric | Current value |
|---|---|
| Total population | 3,278,290 residents |
| Employment rate | 59.6% |
| Unemployment rate | 3.9%Low unemployment – employers often compete for skilled staff. |
With an unemployment rate of 3.9%, Mongolia has a tight labor market. Skilled professionals are usually in demand.
Living & working in Mongolia: salaries and cost of living
Before relocating or applying for jobs in Mongolia, consider these key economic factors:
| Indicator | Value | Compared with the U.S. |
|---|---|---|
| Average monthly salary | 600 USD | 13% of the U.S. averagesignificantly lower |
| Purchasing power | 27.4 | weaker (U.S. = 100) |
With a purchasing power index of 27.4, the average monthly salary of 600 USD supports a budget-conscious lifestyle in Mongolia. Always compare an offer with local rents and living costs in the specific city.
Top industries & employers in MN
| Leading industry | Mining |
| Growth sector | Mining |
| Service sector | Services |
| Major employers | Erdenes Tavan Tolgoi, Oyu Tolgoi, Mongol Bank |
Job seekers will usually find the most openings in Mining, while Mining offers growth potential.
Working in Mongolia – FAQ
What's the employment situation in Mongolia?
Mongolia has a population of about 3,278,290. The employment rate is 59.6%. The unemployment rate currently stands at 3.9%.
Which are the top companies in Mongolia?
Large employers in Mongolia include Erdenes Tavan Tolgoi, Oyu Tolgoi, Mongol Bank.
How far does a salary go in Mongolia?
The purchasing power index for Mongolia is 27.4 (U.S. = 100), which means the cost of living should be weighed carefully when comparing job offers.
How can I find jobs in Mongolia?
Browse the latest international openings on Cityjobs and filter by country or remote work. Employers post directly, and you apply with the employer.
Which industries matter most in Mongolia?
Mining is the leading industry, while Mining is an important growth sector, alongside Services.
Data sources & methodology
The figures in this guide are compiled from these public sources:
- Employment & economic data: World Bank Indicators
- Cost of living & salaries: Numbeo Cost of Living Database
