Mongolia Labour Productivity Growth

2007 - 2021 | Quarterly | % | CEIC Data

Key information about Mongolia Labour Productivity Growth

  • Mongolia Labour Productivity dropped by 3.99 % YoY in Dec 2021, compared with a growth of 2.57 % in the previous quarter
  • Mongolia Labour Productivity Growth data is updated quarterly, available from Sep 2007 to Dec 2021, averaging at 4.12 %
  • The data reached an all-time high of 27.37 % in Mar 2021 and a record low of -12.22 % in Mar 2020

CEIC calculates Labour Productivity Growth from quarterly Real GDP and quarterly Employment. The National Statistics Office of Mongolia provides Real GDP in local currency at 2015 prices, based on SNA 2008, and Employment. Labour Productivity Growth prior to Q1 2016 is calculated from Real GDP at 2010 prices, based on SNA 2008. Labour Productivity Growth prior to Q1 2011 is calculated from Real GDP at 2005 prices, based on SNA 1993.


Further information about Mongolia Labour Productivity Growth

  • In the latest reports, Mongolia Population reached 3.41 Person mn in Dec 2021
  • Its Unemployment Rate increased to 8.80 % in Mar 2021
  • Monthly Earnings of Mongolia stood at 504.81 USD in Dec 2021
  • The country's Labour Force Participation Rate dropped to 56.99 % in Dec 2020

View Mongolia's Labour Productivity Growth from Sep 2007 to Dec 2021 in the chart:

Mongolia Labour Productivity Growth

What was Mongolia's Labour Productivity Growth in Dec 2021?

Mongolia Labour Productivity dropped by 3.99 % YoY in Dec 2021, compared with a growth of 2.57 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
-3.99 Dec 2021 2.57 Sep 2021 -12.22 Mar 2020 27.37 Mar 2021 % quarterly Sep 2007 - Dec 2021

Labour Productivity Growth by Country Comparison

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Includes Labour Productivity Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 15.93 Jun 2021 quarterly Mar 2010 - Jun 2021
Algeria (%) 0.30 2020 yearly 1992 - 2020
Argentina (%) -2.41 2020 yearly 1992 - 2020
Armenia (%) 2.04 Dec 2021 quarterly Mar 2009 - Dec 2021
Australia (%) 1.95 Dec 2021 quarterly Jun 1979 - Dec 2021
Austria (%) 3.98 Dec 2021 quarterly Mar 2005 - Dec 2021
Azerbaijan (%) 6.09 Dec 2021 quarterly Mar 2009 - Dec 2021
Bahrain (%) 5.51 Mar 2021 quarterly Mar 2009 - Mar 2021
Bangladesh (%) 6.05 2019 yearly 1992 - 2019
Belarus (%) 3.11 Dec 2021 quarterly Mar 2006 - Dec 2021
Belgium (%) 2.46 Dec 2021 quarterly Mar 2000 - Dec 2021
Bolivia (%) 6.71 2017 yearly 2000 - 2017
Bosnia and Herzegovina (%) 2.94 2018 yearly 2007 - 2018
Botswana (%) -3.03 Dec 2020 quarterly Sep 2008 - Dec 2020
Brazil (%) 5.85 2020 yearly 1992 - 2020
Brunei (%) 1.58 2020 yearly 1992 - 2020
Bulgaria (%) 4.35 Dec 2021 quarterly Mar 2001 - Dec 2021
Cambodia (%) 5.07 2017 yearly 2008 - 2017
Canada (%) -0.91 Dec 2021 quarterly Mar 1977 - Dec 2021
Chile (%) 2.92 Dec 2021 quarterly Mar 1987 - Dec 2021
China (%) 8.70 2021 yearly 1953 - 2021
Colombia (%) 8.16 Dec 2021 quarterly Mar 2002 - Dec 2021
Croatia (%) 13.98 Sep 2021 quarterly Mar 2008 - Sep 2021
Cyprus (%) 0.55 Dec 2021 quarterly Jun 2005 - Dec 2021
Czech Republic (%) 2.85 Dec 2021 quarterly Dec 2004 - Dec 2021
Denmark (%) 2.21 Dec 2021 quarterly Mar 1991 - Dec 2021
Ecuador (%) 2.05 2020 yearly 1992 - 2020
Egypt (%) -3.80 Jun 2021 quarterly Mar 2004 - Jun 2021
Estonia (%) 6.83 Dec 2021 quarterly Mar 1996 - Dec 2021
European Union (%) 2.99 Dec 2021 quarterly Mar 2006 - Dec 2021
Finland (%) 0.68 Dec 2021 quarterly Mar 1991 - Dec 2021
France (%) -6.98 2020 yearly 1979 - 2020
Georgia (%) 12.57 2021 yearly 1997 - 2021
Germany (%) 0.84 Dec 2021 quarterly Mar 1992 - Dec 2021
Ghana (%) -0.78 2020 yearly 1992 - 2020
Greece (%) 3.65 Dec 2021 quarterly Mar 1996 - Dec 2021
Hong Kong SAR, China (%) -3.57 Mar 2022 quarterly Dec 1982 - Mar 2022
Hungary (%) 5.55 Dec 2021 quarterly Mar 1999 - Dec 2021
Iceland (%) -3.97 Dec 2021 quarterly Mar 2004 - Dec 2021
India (%) -0.80 2020 yearly 1992 - 2020
Indonesia (%) 1.64 2021 yearly 2001 - 2021
Iran (%) 10.79 2020 yearly 1992 - 2020
Ireland (%) -0.40 Dec 2021 quarterly Mar 1999 - Dec 2021
Israel (%) 0.92 Dec 2020 quarterly Mar 2013 - Dec 2020
Italy (%) 4.39 Dec 2021 quarterly Mar 1997 - Dec 2021
Ivory Coast (%) 1.03 2020 yearly 1992 - 2020
Japan (%) 0.94 Dec 2021 quarterly Mar 1995 - Dec 2021
Jordan (%) 0.44 2017 yearly 2001 - 2017
Kazakhstan (%) 4.67 Sep 2021 quarterly Mar 2002 - Sep 2021
Kenya (%) 0.57 2019 yearly 2011 - 2019
South Korea (%) -0.70 Mar 2022 quarterly Sep 1983 - Mar 2022
Kosovo (%) -4.03 Sep 2020 quarterly Mar 2017 - Sep 2020
Kuwait (%) -1.66 2020 yearly 1996 - 2020
Kyrgyzstan (%) -8.49 2020 yearly 1993 - 2020
Laos (%) 2.62 2019 yearly 1992 - 2019
Latvia (%) 5.61 Dec 2021 quarterly Mar 2003 - Dec 2021
Lebanon (%) -8.30 2019 yearly 1992 - 2019
Lithuania (%) 2.20 Dec 2021 quarterly Mar 1996 - Dec 2021
Luxembourg (%) 1.18 Dec 2021 quarterly Mar 1996 - Dec 2021
Macau SAR, China (%) -1.43 Dec 2021 quarterly Mar 2002 - Dec 2021
North Macedonia (%) 1.59 Dec 2021 quarterly Mar 2005 - Dec 2021
Malawi (%) -0.76 2020 yearly 1992 - 2020
Malaysia (%) 2.70 Mar 2022 quarterly Mar 2001 - Mar 2022
Malta (%) 4.71 Dec 2021 quarterly Dec 2001 - Dec 2021
Mauritius (%) 9.08 Dec 2021 quarterly Mar 2005 - Dec 2021
Mexico (%) -4.76 Dec 2021 quarterly Jun 1996 - Dec 2021
Moldova (%) 18.60 Dec 2021 quarterly Mar 2001 - Dec 2021
Mongolia (%) -3.99 Dec 2021 quarterly Sep 2007 - Dec 2021
Montenegro (%) -6.62 Dec 2021 quarterly Mar 2011 - Dec 2021
Morocco (%) -2.45 2020 yearly 2000 - 2020
Mozambique (%) -3.31 2020 yearly 1992 - 2020
Myanmar (%) -3.90 2020 yearly 1992 - 2020
Nepal (%) 3.56 2019 yearly 1992 - 2019
Netherlands (%) 3.01 Dec 2021 quarterly Mar 1996 - Dec 2021
New Zealand (%) -1.77 Dec 2021 quarterly Jun 1988 - Dec 2021
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) 0.65 Mar 2022 quarterly Mar 1996 - Mar 2022
Oman (%) 12.26 2020 yearly 1999 - 2020
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) 1.32 Dec 2021 quarterly Jun 2013 - Dec 2021
Panama (%) -0.50 2020 yearly 1992 - 2020
Paraguay (%) 1.41 Dec 2020 quarterly Mar 2018 - Dec 2020
Peru (%) 2.31 2020 yearly 2002 - 2020
Philippines (%) -3.46 2020 yearly 1992 - 2020
Poland (%) -2.66 Dec 2020 quarterly Dec 1999 - Dec 2020
Portugal (%) 3.93 Dec 2021 quarterly Mar 1996 - Dec 2021
Qatar (%) -0.98 2019 yearly 2012 - 2019
Romania (%) 12.59 Dec 2021 quarterly Mar 1996 - Dec 2021
Russia (%) 2.48 Dec 2021 quarterly Mar 1996 - Dec 2021
Saudi Arabia (%) 5.41 2021 yearly 1971 - 2021
Serbia (%) 7.15 Dec 2021 quarterly Mar 2015 - Dec 2021
Singapore (%) 5.80 Dec 2021 quarterly Mar 1986 - Dec 2021
Slovakia (%) -1.52 Dec 2021 quarterly Mar 1996 - Dec 2021
Slovenia (%) 7.55 Dec 2021 quarterly Mar 1996 - Dec 2021
South Africa (%) 5.03 Dec 2021 quarterly Mar 2009 - Dec 2021
Spain (%) 2.07 Dec 2021 quarterly Mar 1996 - Dec 2021
Sri Lanka (%) 0.31 Dec 2021 quarterly Jun 2013 - Dec 2021
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) 5.16 Dec 2021 quarterly Mar 1994 - Dec 2021
Switzerland (%) 3.41 Dec 2021 quarterly Mar 2011 - Dec 2021

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Mongolia Key Series

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Includes 221 key indicators for Mongolia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.1 Mar 2022 quarterly Dec 2000 - Mar 2022
Consolidated Fiscal Balance (USD mn) -12.396 Apr 2022 monthly Jan 2000 - Apr 2022
Tax Revenue (USD mn) 318.141 Apr 2022 monthly Jan 2000 - Apr 2022
Tax Revenue: % of GDP (%) 15.1 Dec 2021 quarterly Mar 2000 - Dec 2021
Forecast: Government Expenditure (MNT bn) 27,141.790 2026 yearly 1981 - 2026
Forecast: Government Net Debt (MNT bn) 0.000 yearly -
Forecast: Government Revenue (MNT bn) 37,564.888 2027 yearly 1981 - 2027
General Government Expenditure & NL: ytd: Net Lending (MNT mn) 11,675.500 Apr 2022 monthly Dec 1999 - Apr 2022
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 1,061,287.600 Apr 2022 monthly Dec 1999 - Apr 2022
General Government Balance: ytd (MNT mn) -552,434.400 Apr 2022 monthly Dec 1999 - Apr 2022
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 313,981.600 Apr 2022 monthly Dec 1999 - Apr 2022
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 3,350,739.443 Mar 2022 monthly Dec 1999 - Mar 2022
General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 658,920.500 Apr 2022 monthly Dec 1999 - Apr 2022
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 3,818,816.264 Mar 2022 monthly Dec 1999 - Mar 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.048 2026 yearly 1981 - 2026
Trade Balance (USD mn) 108.9 Mar 2022 monthly Jan 1997 - Mar 2022
Total Exports (USD mn) 761.9 Mar 2022 monthly Jan 1997 - Mar 2022
Total Exports Growth (%) 14.4 Mar 2022 monthly Jan 1998 - Mar 2022
Aluminum: Exports (USD th) 5,490.747 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 167.614 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 85.266 2020 yearly 1995 - 2020
Total Imports (USD mn) 437.5 Apr 2021 monthly Jan 1997 - Apr 2021
Total Imports Growth (%) 8.6 Mar 2022 monthly Jan 1998 - Mar 2022
Imports: Medicament (USD th) 85,111.596 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 20,804.791 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 22.230 Jan 2021 monthly Dec 1999 - Jan 2021
Total Imports from USA (USD mn) 23.615 Mar 2021 monthly Dec 1999 - Mar 2021
Total Exports to China (USD mn) 459.701 Apr 2021 monthly Dec 1999 - Apr 2021
Total Imports from China (USD mn) 153.401 Apr 2021 monthly Dec 1999 - Apr 2021
Exports: Base Metals and Articles Thereof (USD th) 5,374.900 Mar 2019 monthly Dec 1999 - Mar 2019
Exports: Textiles and Textile Articles (USD th) 17,157.923 Mar 2022 monthly Dec 1999 - Mar 2022
Exports: Live Animals and Products of Animal Origin (USD th) 3,595.028 Mar 2022 monthly Dec 1999 - Mar 2022
Exports: Mineral Products (USD th) 681,486.840 Mar 2022 monthly Dec 1999 - Mar 2022
Exports: Asia: North Eastern: ow China (USD th) 668,245.354 Mar 2022 monthly Dec 1999 - Mar 2022
Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
Exports: Europe: European Union: ow United Kingdom (USD th) 68.991 Mar 2022 monthly Dec 1999 - Mar 2022
Imports: Mineral Products (USD th) 126,513.750 Mar 2022 monthly Dec 1999 - Mar 2022
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 95,629.200 Mar 2022 monthly Dec 1999 - Mar 2022
Imports: Base Metals and Articles Thereof (USD th) 80,040.980 Mar 2022 monthly Dec 1999 - Mar 2022
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 91,439.978 Mar 2022 monthly Dec 1999 - Mar 2022
Imports: Food Products (USD th) 62,139.293 Mar 2022 monthly Dec 1999 - Mar 2022
Imports: Asia: North Eastern: ow Japan (USD th) 49,717.316 Mar 2022 monthly Dec 1999 - Mar 2022
Imports: America: ow USA (USD th) 15,649.600 Mar 2022 monthly Dec 1999 - Mar 2022
Imports: Europe: Others: ow Russian Federation (USD th) 180,959.763 Mar 2022 monthly Dec 1999 - Mar 2022
Imports: Asia: North Eastern: ow China (USD th) 238,322.836 Mar 2022 monthly Dec 1999 - Mar 2022
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 29,388.096 Mar 2022 monthly Dec 1999 - Mar 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 3.7 Feb 2022 monthly Jan 2009 - Feb 2022
Current Account Balance (USD mn) -400.1 Mar 2022 monthly Jan 2009 - Mar 2022
Current Account Balance: % of GDP (%) -4.3 Dec 2021 quarterly Mar 2000 - Dec 2021
Foreign Direct Investment (USD mn) 224.4 Mar 2022 monthly Jan 2009 - Mar 2022
Foreign Direct Investment: % of GDP (%) 13.1 Dec 2021 quarterly Mar 2000 - Dec 2021
Foreign Portfolio Investment (USD mn) -55.430 Mar 2022 quarterly Mar 1998 - Mar 2022
Foreign Portfolio Investment: % of GDP (%) 0.5 Dec 2021 quarterly Mar 2000 - Dec 2021
Foreign Portfolio Investment: Equity Securities (USD mn) 0.6 Mar 2022 quarterly Mar 1998 - Mar 2022
Foreign Portfolio Investment: Debt Securities (USD mn) -56.070 Mar 2022 quarterly Mar 1998 - Mar 2022
External Debt (USD mn) 33,190.5 Dec 2021 quarterly Mar 2000 - Dec 2021
External Debt: % of GDP (%) 219.8 2021 yearly 1992 - 2021
External Debt: Short Term (USD mn) 1,008.2 Dec 2021 quarterly Mar 2000 - Dec 2021
External Debt: Short Term: % of GDP (%) 21.1 2019 yearly 1992 - 2019
Forecast: Current Account Balance (USD bn) -1.842 2026 yearly 1991 - 2026
Net International Investment Position (USD mn) -37,140.485 Dec 2020 quarterly Dec 2010 - Dec 2020
BoP: CA: Primary Income (USD mn) -208.170 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: FA: Direct Investment: Liabilities (USD mn) 224.360 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: FA: Financial Derivatives: Asset (USD mn) -6.410 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: Net Errors & Omissions (USD mn) -122.950 Mar 2022 monthly Jan 2009 - Mar 2022
Balance of Payments (BoP): Current Account (CA) (USD mn) -400.150 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: Capital Account (USD mn) 14.320 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: FA: Portfolio Investment (USD mn) -14.270 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: FA: Financial Derivatives: Liabilities (USD mn) 0.240 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: Reserves: Assets (USD mn) -382.230 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: CA: Goods & Services: Services (USD mn) -80.810 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: FA: Direct Investment (USD mn) -218.760 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: FA: Portfolio Investment: Liabilities (USD mn) 21.330 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: FA: OI: Asset (USD mn) 35.810 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: CA: Goods & Services: Goods (USD mn) -133.400 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: Financial Account (FA) (USD mn) -126.550 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: FA: Portfolio Investment: Asset (USD mn) 7.060 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: FA: Other Investment (OI) (USD mn) 113.130 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: CA: Secondary Income (USD mn) 22.240 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: FA: Direct Investment: Asset (USD mn) 5.600 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: FA: Financial Derivatives (USD mn) -6.650 Mar 2022 monthly Jan 2009 - Mar 2022
BoP: FA: OI: Liabilities (USD mn) -77.330 Mar 2022 monthly Jan 2009 - Mar 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 9.6 Mar 2022 monthly Dec 1996 - Mar 2022
Household Debt: % of GDP (%) 24.6 Dec 2021 quarterly Mar 2004 - Dec 2021
Non-Performing Loans (USD mn) 720.546 Mar 2022 monthly Dec 1996 - Mar 2022
Money Supply M1 (USD mn) 1,949.512 Mar 2022 monthly Dec 1996 - Mar 2022
Money Supply M2 (USD mn) 8,990.349 Mar 2022 monthly Dec 1996 - Mar 2022
M2 Growth (%) 4.2 Mar 2022 monthly Dec 1997 - Mar 2022
Reserve Requirement Ratio (%) 8.0 Apr 2022 monthly Jan 2005 - Apr 2022
Foreign Exchange Reserves (USD mn) 2,706.5 Mar 2022 monthly Dec 1992 - Mar 2022
Foreign Exchange Reserves: % of GDP (%) 24.311 Dec 2021 quarterly Dec 2010 - Dec 2021
Foreign Exchange Reserves: Months of Import (NA) 4.1 Mar 2022 monthly Jan 1997 - Mar 2022
Gold Reserves (USD mn) 472.431 Mar 2022 monthly Dec 1980 - Mar 2022
Total Deposits (USD mn) 6,104.882 Mar 2022 monthly Jan 2000 - Mar 2022
Total Deposits Growth (%) 28.5 Mar 2021 monthly Jan 2001 - Mar 2021
Domestic Credit (USD mn) 8,382.4 Mar 2022 monthly Dec 1992 - Mar 2022
Domestic Credit Growth (%) 33.7 Mar 2022 monthly Dec 1993 - Mar 2022
Household Debt (USD mn) 3,757.1 Apr 2022 monthly Jan 2004 - Apr 2022
Total Loans (USD mn) 6,188.638 Mar 2021 monthly Dec 1996 - Mar 2021
Total Loans Growth (%) 28.72 Apr 2022 monthly Dec 1997 - Apr 2022
Private Debt: % of Nominal GDP (%) 46.97 Dec 2021 quarterly Dec 2010 - Dec 2021
Money Supply: M2: M1 (MNT mn) 5,748,058.738 Mar 2022 monthly Dec 1990 - Mar 2022
International Reserves: Gross (USD mn) 3,314.800 Apr 2022 monthly Jan 2006 - Apr 2022
Deposits (MNT tn) 18.000 Mar 2022 monthly Jan 2000 - Mar 2022
Deposits: Corporate (MNT tn) 2.100 Mar 2022 monthly May 2018 - Mar 2022
Deposits: Individual (MNT tn) 15.900 Mar 2022 monthly May 2018 - Mar 2022
Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 2,135,740.000 Apr 2022 monthly Dec 1996 - Apr 2022

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