Total Credit — Value Standard Local Currency, 2015 prices in Mongolia
Mongolia: Total Credit — Value Standard Local Currency, 2015 prices was 13.56 million million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency, 2015 prices in Mongolia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total credit — value standard local currency, 2015 prices in Mongolia is 13.56 million million SLC, measured in 2024.
The figure is up 15.3% on the previous year and up 1.2% over ten years.
Over the whole period, total credit — value standard local currency, 2015 prices in Mongolia peaked at 14.65 million million SLC in 2018 and was at its lowest, 364,443 million SLC, in 1997.
That places Mongolia 19th out of 163 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 626,608 million SLC | 364,443 million SLC | 1.03 million million SLC | 9 |
| 2000s | 2.91 million million SLC | 527,250 million SLC | 5.41 million million SLC | 10 |
| 2010s | 11.33 million million SLC | 4.87 million million SLC | 14.65 million million SLC | 10 |
| 2020s | 12.41 million million SLC | 11.66 million million SLC | 13.56 million million SLC | 5 |
Countries ranked near Mongolia
- 16 Uganda 16.11 million million SLC compare
- 17 Costa Rica 15.87 million million SLC compare
- 18 Thailand 15.78 million million SLC compare
- 20 Kazakhstan, Republic of 12.19 million million SLC compare
- 21 Guinea 11.49 million million SLC compare
- 22 Philippines 10.97 million million SLC compare
More agriculture & rural data for Mongolia
- Agriculture share gdp 8.94 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 8.94 (2025)
- Agricultural raw materials exports 2.7% (2023)
- Agricultural raw materials imports 0.4% (2023)
- Rural population 28.9% (2025)
- Rural population growth 0.6% (2025)
- Rural population 1.03 million (2025)
- Agriculture, forestry, and fishing, value added 8.9% (2025)
- Agriculture, forestry, and fishing, value added 2.27 billion current US$ (2025)
- Tomatoes — Production 2,070 t (2024)
Frequently asked questions
- What is total credit — value standard local currency, 2015 prices in Mongolia?
- Total credit — value standard local currency, 2015 prices in Mongolia was 13.56 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency, 2015 prices recorded in Mongolia?
- The highest recorded value was 14.65 million million SLC in 2018.
- What is the lowest total credit — value standard local currency, 2015 prices recorded in Mongolia?
- The lowest recorded value was 364,443 million SLC in 1997.
- How does Mongolia rank for total credit — value standard local currency, 2015 prices?
- Mongolia ranks 19th out of 163 countries with data for 2024.
- Is total credit — value standard local currency, 2015 prices rising or falling in Mongolia?
- Over the last ten years it is up 1.2%. 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 Total Credit — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.