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Economy

Average monthly salary increased to MNT 942 thousand

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Kh.Kugershin
2017-03-21
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Average monthly salary increased to MNT 942 thousand

As of 4Q of 2016, average monthly salary of Mongolia reached MNT 942.9 thousand which increased by MNT 75 thousand compared with the same period last year. 

Total of 557.9 thousand employees of 37.3 thousand companies have been included in the Social Welfare General Authority report. 

According to the data provided, average monthly salary of small companies with few employees is approximately at MNT 610 thousand while company with 200 and up to employees is at MNT 1.3 million. 

Based on the general classifications of all economic activities​, average monthly salary of the mining and exploration sector is ranging at MNT 2.3 million, considering as the highest. Meanwhile salary of accommodation and food service sector employees paid the minimum salary of MNT 599 thousand. 

According to the professions, machine operators and machine assemblers have the highest average monthly salary of MNT 1.1 million while certified staffs in agriculture, forestry and fishing paid the minimum salary of MNT 514 thousand. 

According to the National Statistics Office data as of August 2015, the average salary in Mongolia nationwide differs greatly by regions. While national average reaches MNT 853.9 thousand. 

As of 4Q of 2016, average monthly salary of Mongolia reached MNT 942.9 thousand which increased by MNT 75 thousand compared with the same period last year. 

Total of 557.9 thousand employees of 37.3 thousand companies have been included in the Social Welfare General Authority report. 

According to the data provided, average monthly salary of small companies with few employees is approximately at MNT 610 thousand while company with 200 and up to employees is at MNT 1.3 million. 

Based on the general classifications of all economic activities​, average monthly salary of the mining and exploration sector is ranging at MNT 2.3 million, considering as the highest. Meanwhile salary of accommodation and food service sector employees paid the minimum salary of MNT 599 thousand. 

According to the professions, machine operators and machine assemblers have the highest average monthly salary of MNT 1.1 million while certified staffs in agriculture, forestry and fishing paid the minimum salary of MNT 514 thousand. 

According to the National Statistics Office data as of August 2015, the average salary in Mongolia nationwide differs greatly by regions. While national average reaches MNT 853.9 thousand. 

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Сэтгүүлч Kh.Kugershin
Kh.Kugershin
Category
Economy
Published
2017-03-21


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