Total Credit — Value US$, 2015 prices in Mongolia
Mongolia: Total Credit — Value US$, 2015 prices was 6,884 million USD in 2024. ◆ Volatile
Total Credit — Value US$, 2015 prices in Mongolia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Mongolia recorded 6,884 million USD for total credit — value us$, 2015 prices 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 us$, 2015 prices in Mongolia peaked at 7,437 million USD in 2018 and was at its lowest, 184.97 million USD, in 1997.
Mongolia ranks 96th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value US$, 2015 prices in Mongolia, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 524.3 million USD | — |
| 1992 | 419.32 million USD | -20.0% |
| 1993 | 200.23 million USD | -52.2% |
| 1994 | 338.32 million USD | +69.0% |
| 1995 | 268.4 million USD | -20.7% |
| 1996 | 305.01 million USD | +13.6% |
| 1997 | 184.97 million USD | -39.4% |
| 1998 | 337.77 million USD | +82.6% |
| 1999 | 283.9 million USD | -15.9% |
| 2000 | 267.6 million USD | -5.7% |
| 2001 | 363.33 million USD | +35.8% |
| 2002 | 599.75 million USD | +65.1% |
| 2003 | 993.37 million USD | +65.6% |
| 2004 | 1,259 million USD | +26.7% |
| 2005 | 1,456 million USD | +15.6% |
| 2006 | 1,728 million USD | +18.7% |
| 2007 | 2,629 million USD | +52.2% |
| 2008 | 2,748 million USD | +4.5% |
| 2009 | 2,740 million USD | -0.3% |
| 2010 | 2,473 million USD | -9.8% |
| 2011 | 3,689 million USD | +49.2% |
| 2012 | 4,166 million USD | +12.9% |
| 2013 | 6,369 million USD | +52.9% |
| 2014 | 6,805 million USD | +6.8% |
| 2015 | 6,328 million USD | -7.0% |
| 2016 | 6,715 million USD | +6.1% |
| 2017 | 6,580 million USD | -2.0% |
| 2018 | 7,437 million USD | +13.0% |
| 2019 | 6,932 million USD | -6.8% |
| 2020 | 6,194 million USD | -10.6% |
| 2021 | 6,529 million USD | +5.4% |
| 2022 | 5,918 million USD | -9.4% |
| 2023 | 5,968 million USD | +0.8% |
| 2024 | 6,884 million USD | +15.3% |
Mongolia compared with similar countries
- Mongolia's 6,884 million USD is below the median for upper middle income countries, which is 10,445 million USD, 66% of the median. (47 countries reporting)
- Mongolia's 6,884 million USD is below the median for East Asia & Pacific, which is 33,471 million USD, 21% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 318.02 million USD | 184.97 million USD | 524.3 million USD | 9 |
| 2000s | 1,478 million USD | 267.6 million USD | 2,748 million USD | 10 |
| 2010s | 5,749 million USD | 2,473 million USD | 7,437 million USD | 10 |
| 2020s | 6,299 million USD | 5,918 million USD | 6,884 million 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 total credit — value us$, 2015 prices in Mongolia?
- Total credit — value us$, 2015 prices in Mongolia was 6,884 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$, 2015 prices recorded in Mongolia?
- The highest recorded value was 7,437 million USD in 2018.
- What is the lowest total credit — value us$, 2015 prices recorded in Mongolia?
- The lowest recorded value was 184.97 million USD in 1997.
- How does Mongolia rank for total credit — value us$, 2015 prices?
- Mongolia ranks 96th out of 166 countries with data for 2024.
- Is total credit — value us$, 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 US$, 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.