ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) in Mongolia
Mongolia: ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) was 3,814 USD in 2024. ▲ Rising
ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) in Mongolia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, ilo - modelled estimates; faostat - value added (2015 us$) in Mongolia stood at 3,814 USD.
Compared with earlier readings it is down 26.6% on the previous year and up 8.5% over ten years.
Over the whole period, ilo - modelled estimates; faostat - value added (2015 us$) in Mongolia peaked at 5,595 USD in 2022 and was at its lowest, 1,217 USD, in 2003.
That places Mongolia 108th out of 168 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) in Mongolia, year by year
| Year | USD | Change |
|---|---|---|
| 1991 | 2,470 USD | — |
| 1992 | 2,250 USD | -8.9% |
| 1993 | 2,160 USD | -4.0% |
| 1994 | 2,135 USD | -1.2% |
| 1995 | 2,040 USD | -4.4% |
| 1996 | 2,017 USD | -1.1% |
| 1997 | 1,978 USD | -2.0% |
| 1998 | 2,004 USD | +1.4% |
| 1999 | 2,019 USD | +0.7% |
| 2000 | 1,659 USD | -17.8% |
| 2001 | 1,323 USD | -20.2% |
| 2002 | 1,219 USD | -7.9% |
| 2003 | 1,217 USD | -0.2% |
| 2004 | 1,425 USD | +17.1% |
| 2005 | 1,601 USD | +12.4% |
| 2006 | 1,736 USD | +8.4% |
| 2007 | 1,955 USD | +12.6% |
| 2008 | 2,134 USD | +9.2% |
| 2009 | 2,293 USD | +7.5% |
| 2010 | 2,030 USD | -11.5% |
| 2011 | 1,946 USD | -4.1% |
| 2012 | 2,409 USD | +23.8% |
| 2013 | 2,970 USD | +23.3% |
| 2014 | 3,516 USD | +18.4% |
| 2015 | 3,945 USD | +12.2% |
| 2016 | 4,082 USD | +3.5% |
| 2017 | 4,126 USD | +1.1% |
| 2018 | 4,555 USD | +10.4% |
| 2019 | 4,570 USD | +0.3% |
| 2020 | 5,259 USD | +15.1% |
| 2021 | 5,146 USD | -2.2% |
| 2022 | 5,595 USD | +8.7% |
| 2023 | 5,193 USD | -7.2% |
| 2024 | 3,814 USD | -26.6% |
Mongolia compared with similar countries
- Mongolia's 3,814 USD is below the median for upper middle income countries, which is 5,734 USD, 67% of the median. (47 countries reporting)
- Mongolia's 3,814 USD is below the median for East Asia & Pacific, which is 3,945 USD, 97% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,119 USD | 1,978 USD | 2,470 USD | 9 |
| 2000s | 1,656 USD | 1,217 USD | 2,293 USD | 10 |
| 2010s | 3,415 USD | 1,946 USD | 4,570 USD | 10 |
| 2020s | 5,001 USD | 3,814 USD | 5,595 USD | 5 |
Countries ranked near Mongolia
More agriculture & rural data for Mongolia
- Agriculture, forestry, and fishing, value added (current US$), annual 30.71 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0894 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 635.39 current US$ per person (2025)
- Rural population, annual growth rate 0.5968 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.2885 units per person (2025)
- Share of GDP from agriculture 8.9% (2025)
- Agriculture as a share of GDP vs. GDP per capita 8.9% (2025)
- Agricultural raw materials exports 2.7% (2023)
- Agricultural raw materials imports 0.4% (2023)
Frequently asked questions
- What is ilo - modelled estimates; faostat - value added (2015 us$) in Mongolia?
- Ilo - modelled estimates; faostat - value added (2015 us$) in Mongolia was 3,814 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest ilo - modelled estimates; faostat - value added (2015 us$) recorded in Mongolia?
- The highest recorded value was 5,595 USD in 2022.
- What is the lowest ilo - modelled estimates; faostat - value added (2015 us$) recorded in Mongolia?
- The lowest recorded value was 1,217 USD in 2003.
- How does Mongolia rank for ilo - modelled estimates; faostat - value added (2015 us$)?
- Mongolia ranks 108th out of 168 countries with data for 2024.
- Is ilo - modelled estimates; faostat - value added (2015 us$) rising or falling in Mongolia?
- Over the last ten years it is up 8.5%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) — Agriculture value added per worker (constant 2015 US$) — Value. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Employment indicators domain focuses on indicators related to employment in agrifood systems and rural areas. The update is performed yearly, using data from the International Labour Organization (ILO) database that contains a rich set of indicators from a wide range of topics related to labour statistics. The indicators published in FAOSTAT are derived from the labour force statistics (LFS) and rural and urban labour markets (RURURB) databases of the ILOSTAT database. In addition, the ILO modelled estimates and projections (ILOEST) are used to provide information on employment in agriculture. FAOSTAT also publishes indicators on employment in agrifood systems (AFS) from 2000 at the national, regional, and global levels, using a methodology developed by the FAO to estimate the number of people employed within these systems.