Key information about Mongolia Household Income per Capita

• Mongolia Annual Household Income per Capita reached 2,139.143 USD in Dec 2023, compared with the previous value of 1,921.345 USD in Dec 2022.
• Mongolia Annual Household Income per Capita data is updated yearly, available from Dec 1997 to Dec 2023, with an averaged value of 1,099.791 USD.
• The data reached an all-time high of 2,139.143 USD in Dec 2023 and a record low of 179.969 USD in Dec 1999.
• In the latest reports, Retail Sales of Mongolia grew 14.877 % YoY in Dec 2023.

CEIC calculates Annual Household Income per Capita from Monthly Average Household Income multiplied by 12 and Average Household Size and converts it into USD. The National Statistics Office of Mongolia provides Average Household Income in local currency and Average Household Size. The Bank of Mongolia average market exchange rate is used for currency conversions.

Wages in Mongolia increased to 2727.80 MNT Thousand/Month in the second quarter of 2025 from 2621.90 MNT Thousand/Month in the first quarter of 2025. This dataset provides the latest reported value for - Mongolia Wages - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Mongolia Monthly Earnings

• Mongolia Monthly Earnings stood at 733 USD in Sep 2024, compared with the previous figure of 729 USD in Jun 2024
• Mongolia Monthly Earnings data is updated quarterly, available from Dec 2000 to Sep 2024, with an average number of 392 USD
• The data reached the an all-time high of 733 USD in Sep 2024 and a record low of 55 USD in Mar 2001

CEIC converts Monthly Earnings into USD. The National Statistics Office of Mongolia provides Average Monthly Earnings in local currency. The Bank of Mongolia average market exchange rate is used for currency conversions.


Further information about Mongolia Monthly Earnings

• In the latest reports, Mongolia Population reached 4 million people in Dec 2023
• Unemployment Rate of Mongolia increased to 6 % in Sep 2024
• The country's Labour Force Participation Rate increased to 63 % in Sep 2024

Average Wage Index: Urban Non-private: Inner Mongolia data was reported at 107.789 Prev Year=100 in 2023. This records a decrease from the previous number of 111.682 Prev Year=100 for 2022. Average Wage Index: Urban Non-private: Inner Mongolia data is updated yearly, averaging 112.500 Prev Year=100 from Dec 1993 (Median) to 2023, with 31 observations. The data reached an all-time high of 131.400 Prev Year=100 in 1994 and a record low of 105.800 Prev Year=100 in 1998. Average Wage Index: Urban Non-private: Inner Mongolia data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Labour Market – Table CN.GC: Average Wage Index.

The Gross Domestic Product per capita in Mongolia was last recorded at 4615.44 US dollars in 2024. The GDP per Capita in Mongolia is equivalent to 37 percent of the world's average. This dataset provides - Mongolia GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Annualized average growth rate in per capita real survey mean consumption or income, bottom 40% of population (%) in Mongolia was reported at 2.48 % in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mongolia - Annualized average growth rate in per capita real survey mean consumption or income, bottom 40% of population - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Average Income per Capita: Year to Date: Urban: Inner Mongolia data was reported at 24,790.790 RMB in Dec 2012. This records an increase from the previous number of 18,393.790 RMB for Sep 2012. Average Income per Capita: Year to Date: Urban: Inner Mongolia data is updated quarterly, averaging 10,772.255 RMB from Dec 2005 (Median) to Dec 2012, with 26 observations. The data reached an all-time high of 24,790.790 RMB in Dec 2012 and a record low of 3,654.600 RMB in Mar 2007. Average Income per Capita: Year to Date: Urban: Inner Mongolia data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s China – Table CN.HD: Income per Capita: Urban.

The gross domestic product (GDP) per capita in Mongolia was 6,653.64 U.S. dollars in 2024. Between 1990 and 2024, the GDP per capita rose by 5,364.99 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 3,033.91 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Adjusted net national income per capita (current US$) in Mongolia was reported at 2762 USD in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mongolia - Adjusted net national income per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

Annualized average growth rate in per capita real survey mean consumption or income, total population (%) in Mongolia was reported at 3.11 % in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mongolia - Annualized average growth rate in per capita real survey mean consumption or income, total population - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Mongolia Household Income: Monthly Avg: Location: Ulaanbaatar data was reported at 1,339,644.000 MNT in Sep 2018. This records an increase from the previous number of 1,326,948.000 MNT for Jun 2018. Mongolia Household Income: Monthly Avg: Location: Ulaanbaatar data is updated quarterly, averaging 1,061,678.200 MNT from Dec 2007 (Median) to Sep 2018, with 43 observations. The data reached an all-time high of 1,339,644.000 MNT in Sep 2018 and a record low of 374,861.300 MNT in Mar 2008. Mongolia Household Income: Monthly Avg: Location: Ulaanbaatar data remains active status in CEIC and is reported by National Statistics Office of Mongolia. The data is categorized under Global Database’s Mongolia – Table MN.H002: Household Income.

Mongolia Household Income: Monthly Avg: Annual data was reported at 1,856,136.000 MNT in 2022. This records an increase from the previous number of 1,621,454.000 MNT for 2021. Mongolia Household Income: Monthly Avg: Annual data is updated yearly, averaging 425,276.000 MNT from Dec 1997 (Median) to 2022, with 26 observations. The data reached an all-time high of 1,856,136.000 MNT in 2022 and a record low of 56,218.000 MNT in 1997. Mongolia Household Income: Monthly Avg: Annual data remains active status in CEIC and is reported by National Statistics Office of Mongolia. The data is categorized under Global Database’s Mongolia – Table MN.H002: Household Income.

Mongolia: Income, profits, and capital gains taxes: percent of revenue: The latest value from 2021 is 16.51 percent, an increase from 12.46 percent in 2020. In comparison, the world average is 24.57 percent, based on data from 121 countries. Historically, the average for Mongolia from 1992 to 2021 is 18.75 percent. The minimum value, 6.8 percent, was reached in 1999 while the maximum of 45.4 percent was recorded in 1993.

Household Income: Monthly Avg data was reported at 1,168,532.000 MNT in Sep 2018. This records an increase from the previous number of 1,147,242.000 MNT for Jun 2018. Household Income: Monthly Avg data is updated quarterly, averaging 501,029.200 MNT from Jun 2002 (Median) to Sep 2018, with 61 observations. The data reached an all-time high of 1,168,532.000 MNT in Sep 2018 and a record low of 141,026.000 MNT in Jun 2002. Household Income: Monthly Avg data remains active status in CEIC and is reported by National Statistics Office of Mongolia. The data is categorized under Global Database’s Mongolia – Table MN.H002: Household Income.

GNI per capita growth of Mongolia sank by 84.28% from 18.7 % in 2023 to 2.9 % in 2024. Since the 190.19% jump in 2022, GNI per capita growth plummeted by 67.58% in 2024. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.

As of 2022, the average annual wage of full-time employees working in urban non-private units in China's Shanxi province amounted to around ****** yuan, increased from around ****** yuan in 2015. Shanxi is a province located in China's middle region, next to Hebei, Shaanxi, Henan and Inner Mongolia.

Average Wage: Inner Mongolia: Xingan data was reported at 96,386.000 RMB in 2023. This records an increase from the previous number of 91,830.430 RMB for 2022. Average Wage: Inner Mongolia: Xingan data is updated yearly, averaging 50,924.500 RMB from Dec 2005 (Median) to 2023, with 18 observations. The data reached an all-time high of 96,386.000 RMB in 2023 and a record low of 11,047.000 RMB in 2005. Average Wage: Inner Mongolia: Xingan data remains active status in CEIC and is reported by Xingan Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Labour Market – Table CN.GP: Average Wage: Prefecture Level Region.

Real GNI per capita based on PPP of Mongolia improved by 2.94% from 16,350 international dollars in 2023 to 16,830 international dollars in 2024. Since the 2.98% reduction in 2020, real GNI per capita based on PPP shot up by 37.39% in 2024. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.

Mongolia Household Income: Monthly Avg: Urban data was reported at 1,259,570.000 MNT in Sep 2018. This records an increase from the previous number of 1,243,588.000 MNT for Jun 2018. Mongolia Household Income: Monthly Avg: Urban data is updated quarterly, averaging 1,000,260.000 MNT from Dec 2007 (Median) to Sep 2018, with 43 observations. The data reached an all-time high of 1,259,570.000 MNT in Sep 2018 and a record low of 349,637.200 MNT in Dec 2007. Mongolia Household Income: Monthly Avg: Urban data remains active status in CEIC and is reported by National Statistics Office of Mongolia. The data is categorized under Global Database’s Mongolia – Table MN.H002: Household Income.

Disposable Income per Capita: Urban: Inner Mongolia data was reported at 50,888.000 RMB in 2024. This records an increase from the previous number of 48,676.000 RMB for 2023. Disposable Income per Capita: Urban: Inner Mongolia data is updated yearly, averaging 5,568.500 RMB from Dec 1978 (Median) to 2024, with 47 observations. The data reached an all-time high of 50,888.000 RMB in 2024 and a record low of 301.000 RMB in 1978. Disposable Income per Capita: Urban: Inner Mongolia data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Disposable Income per Capita: Urban.