National minimum wage of Mongolia rises from January 1, 2020 - January 3, 2020

Mongolia's minimum wage is set at MNT 420 thousand starting from January 1, 2020. The minimum wage growth makes the minimum amount of social insurance premium MNT 60.900.

In 2019, the minimum wage was MNT 320 thousand and the minimum social insurance premium was MNT 43.200.