Agriculture — Gross Production Value in Mongolia

Mongolia: Agriculture — Gross Production Value was 2.14 million 1000 USD in 2024. ◆ Volatile

Latest (2024)
2.14 million 1000 USD
Change on year
down 7.0%
World rank
103rd
of 168 countries
All-time high
2.30 million 1000 USD
in 2023
All-time low
229,225 1000 USD
in 2003
Years of data
32
1993–2024

Agriculture — Gross Production Value in Mongolia, 1993–2024

0500.0k1.0M1.5M2.0M2.5M1993200820241993: 366.2k 1000 USD1994: 362.0k 1000 USD1995: 386.0k 1000 USD1996: 447.0k 1000 USD1997: 265.6k 1000 USD1998: 267.8k 1000 USD1999: 274.5k 1000 USD2000: 267.4k 1000 USD2001: 267.1k 1000 USD2002: 235.7k 1000 USD2003: 229.2k 1000 USD2004: 294.9k 1000 USD2005: 287.7k 1000 USD2006: 306.6k 1000 USD2007: 385.4k 1000 USD2008: 666.5k 1000 USD2009: 820.6k 1000 USD2010: 724.0k 1000 USD2011: 854.1k 1000 USD2012: 900.8k 1000 USD2013: 873.1k 1000 USD2014: 941.4k 1000 USD2015: 1.1M 1000 USD2016: 1.0M 1000 USD2017: 1.0M 1000 USD2018: 1.3M 1000 USD2019: 1.5M 1000 USD2020: 2.1M 1000 USD2021: 1.8M 1000 USD2022: 2.3M 1000 USD2023: 2.3M 1000 USD2024: 2.1M 1000 USD

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.

Analysis

The most recent figure for agriculture — gross production value in Mongolia is 2.14 million 1000 USD, measured in 2024.

Compared with earlier readings it is down 7.0% on the previous year and up 127.3% over ten years.

Over the whole period, agriculture — gross production value in Mongolia peaked at 2.30 million 1000 USD in 2023 and was at its lowest, 229,225 1000 USD, in 2003.

That places Mongolia 103rd out of 168 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Agriculture — Gross Production Value in Mongolia, year by year

Annual values for Agriculture — Gross Production Value (current thousand US$) in Mongolia, 1993 to 2024.
Year 1000 USD Change
1993 366,207 1000 USD —
1994 362,032 1000 USD -1.1%
1995 386,024 1000 USD +6.6%
1996 446,963 1000 USD +15.8%
1997 265,576 1000 USD -40.6%
1998 267,802 1000 USD +0.8%
1999 274,469 1000 USD +2.5%
2000 267,426 1000 USD -2.6%
2001 267,079 1000 USD -0.1%
2002 235,736 1000 USD -11.7%
2003 229,225 1000 USD -2.8%
2004 294,892 1000 USD +28.6%
2005 287,740 1000 USD -2.4%
2006 306,602 1000 USD +6.6%
2007 385,425 1000 USD +25.7%
2008 666,518 1000 USD +72.9%
2009 820,588 1000 USD +23.1%
2010 724,011 1000 USD -11.8%
2011 854,143 1000 USD +18.0%
2012 900,833 1000 USD +5.5%
2013 873,059 1000 USD -3.1%
2014 941,420 1000 USD +7.8%
2015 1.09 million 1000 USD +15.4%
2016 1.04 million 1000 USD -4.0%
2017 1.00 million 1000 USD -4.1%
2018 1.34 million 1000 USD +33.8%
2019 1.45 million 1000 USD +8.6%
2020 2.09 million 1000 USD +43.6%
2021 1.76 million 1000 USD -15.9%
2022 2.29 million 1000 USD +30.6%
2023 2.30 million 1000 USD +0.4%
2024 2.14 million 1000 USD -7.0%

Mongolia compared with similar countries

  • Mongolia's 2.14 million 1000 USD is below the median for upper middle income countries, which is 3.93 million 1000 USD, 54% of the median. (47 countries reporting)
  • Mongolia's 2.14 million 1000 USD is below the median for East Asia & Pacific, which is 9.39 million 1000 USD, 23% of the median. (18 countries reporting)

Biggest year-on-year movements

Years where Agriculture — Gross Production Value 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.

YearChange FromTo
2008 +72.9% 385,425 1000 USD 666,518 1000 USD

Averages by decade

DecadeAverage LowestHighest Years
1990s 338,439 1000 USD 265,576 1000 USD 446,963 1000 USD 7
2000s 376,123 1000 USD 229,225 1000 USD 820,588 1000 USD 10
2010s 1.02 million 1000 USD 724,011 1000 USD 1.45 million 1000 USD 10
2020s 2.12 million 1000 USD 1.76 million 1000 USD 2.30 million 1000 USD 5

Countries ranked near Mongolia

  1. 100 Bosnia and Herzegovina 2.32 million 1000 USD compare
  2. 101 El Salvador 2.19 million 1000 USD compare
  3. 102 Guyana 2.19 million 1000 USD compare
  4. 104 Slovakia 2.13 million 1000 USD compare
  5. 105 Croatia 2.01 million 1000 USD compare
  6. 106 Armenia 1.94 million 1000 USD compare

See the full ranking of 212 places →

More agriculture & rural data for Mongolia

All data for Mongolia →

Frequently asked questions

What is agriculture — gross production value in Mongolia?
Agriculture — gross production value in Mongolia was 2.14 million 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest agriculture — gross production value recorded in Mongolia?
The highest recorded value was 2.30 million 1000 USD in 2023.
What is the lowest agriculture — gross production value recorded in Mongolia?
The lowest recorded value was 229,225 1000 USD in 2003.
How does Mongolia rank for agriculture — gross production value?
Mongolia ranks 103rd out of 168 countries with data for 2024.
Is agriculture — gross production value rising or falling in Mongolia?
Over the last ten years it is up 127.3%. The long-run trend across the full record is volatile.
Where does this Mongolia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Agriculture — Gross Production Value (current thousand US$). Statizoid updates them automatically from the source API.

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Agriculture — Gross Production Value in Mongolia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 05 October 2026, from https://agriculture.statizoid.com/stat/agriculture-gross-production-value-current-thousand-us/mongolia/

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About this data

Indicator
Agriculture — Gross Production Value (current thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
212 places, 6,244 data points, 1991–2024
Last refreshed

The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.