Data / Monthly minimum wage, PPP dollars / Mongolia

Monthly minimum wage, PPP dollars in Mongolia

Monthly minimum wage, PPP dollars in Mongolia was 591 international $ in 2024, according to International Labour Organization. That is up 16.3% from 2023. That is the 57th highest of 107 countries in 2024.

Rankings

• Countries by monthly minimum wage, PPP dollars 121 places
• EU countries by monthly minimum wage, PPP dollars 21 places

Definition

Statutory monthly minimum wage for all employees, converted by the ILO from national currency to 2021 international dollars with the World Bank's purchasing power parities for private consumption. Where the law sets an hourly or daily rate, the ILO converts it to a month (for example 40 hours times 4.33 weeks). Only general rates: a single national minimum wage, a national floor, the adult rate, or the SMIG in countries with separate agricultural and non-agricultural rates.

For comparing countries. Countries with regional, sectoral or occupational minimum wages (Japan, Canada, China, Switzerland, much of Central America) are left out, as are years for which the ILO does not state the type. For the amount in euros in EU countries use minimum_wage. The ILO revises these figures.

How to cite

International Labour Organization, ILOSTAT. Monthly minimum wage by currency, 2021 PPP $, annual (DF_EAR_INEE_CUR_NB). https://data.ilo.org/vis?df%5Bds%5D=ds-production&df%5Bid%5D=DF_EAR_INEE_CUR_NB&df%5Bag%5D=ILO (Accessed on 2026-10-12). Licensed under CC BY 4.0.

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Questions

Monthly minimum wage, PPP dollars in other countries

• Laos
• Kyrgyzstan
• Tajikistan
• Benin
• Sri Lanka
• United Kingdom

Related statistics for Mongolia

• Poverty rate at the national poverty line
• GNI per capita, Atlas method
• Extreme poverty rate ($3.00 a day, 2021 PPP)
• Gini index (World Bank, income or consumption)
• Average weekly hours worked
• Labor force participation rate, ages 15 and over
• Youth unemployment rate (under 25)
• Unemployment rate

All statistics for Mongolia