Compensation of employees (% of expense) in Mongolia
Mongolia: Compensation of employees (% of expense) was 9.9% in 2021. ▲ Rising
Compensation of employees in Mongolia, 1992–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2021, compensation of employees in Mongolia stood at 9.9%.
That represents a change of down 29.8% on the previous year and down 60.3% over ten years.
Over the whole period, compensation of employees in Mongolia peaked at 33.2% in 2009 and was at its lowest, 7.8%, in 1992.
Mongolia ranks 140th of 155 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Compensation of employees (% of expense) in Mongolia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1992 | 7.8% | — |
| 1993 | 8.1% | +4.0% |
| 1994 | 10.9% | +34.2% |
| 1995 | 12.2% | +12.0% |
| 1996 | 12.8% | +5.3% |
| 1997 | 10.3% | -19.5% |
| 1998 | 11.7% | +12.8% |
| 1999 | 12.6% | +7.8% |
| 2000 | 12.7% | +0.9% |
| 2001 | 11.6% | -8.8% |
| 2002 | 14.2% | +23.0% |
| 2003 | 29.5% | +107.8% |
| 2006 | 24.2% | -17.9% |
| 2007 | 24.0% | -1.1% |
| 2008 | 32.6% | +36.1% |
| 2009 | 33.2% | +1.8% |
| 2010 | 29.2% | -12.1% |
| 2011 | 24.9% | -14.7% |
| 2012 | 26.5% | +6.4% |
| 2013 | 18.3% | -30.9% |
| 2014 | 18.0% | -1.7% |
| 2015 | 18.7% | +3.6% |
| 2016 | 16.1% | -13.5% |
| 2017 | 18.1% | +12.1% |
| 2018 | 17.0% | -6.1% |
| 2019 | 15.5% | -8.8% |
| 2020 | 14.1% | -9.1% |
| 2021 | 9.9% | -29.8% |
Mongolia compared with similar countries
- Mongolia's 9.9% is below the median for upper middle income countries, which is 26.6%, 37% of the median. (47 countries reporting)
- Mongolia's 9.9% is below the median for East Asia & Pacific, which is 29.6%, 33% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Compensation of employees (% of expense) in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +107.8% | 14.2% | 29.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.8% | 7.8% | 12.8% | 8 |
| 2000s | 22.8% | 11.6% | 33.2% | 8 |
| 2010s | 20.2% | 15.5% | 29.2% | 10 |
| 2020s | 12.0% | 9.9% | 14.1% | 2 |
Countries ranked near Mongolia
More public sector data for Mongolia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 3.00 million SIPRI trend indicator values (2022)
- Arms imports (SIPRI trend indicator values), per capita 0.8737 SIPRI trend indicator values per person (2022)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2022)
- Arms imports (SIPRI trend indicator values), annual growth rate -88 % change on previous year (2022)
Frequently asked questions
- What is compensation of employees in Mongolia?
- Compensation of employees in Mongolia was 9.9% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Mongolia?
- The highest recorded value was 33.2% in 2009.
- What is the lowest compensation of employees recorded in Mongolia?
- The lowest recorded value was 7.8% in 1992.
- How does Mongolia rank for compensation of employees?
- Mongolia ranks 140th out of 155 countries with data for 2021.
- Is compensation of employees rising or falling in Mongolia?
- Over the last ten years it is down 60.3%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.