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:
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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| 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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| 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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