Total Credit — Value US$ in Mongolia
Mongolia: Total Credit — Value US$ was 9,824 million USD in 2024. ◆ Volatile
Total Credit — Value US$ in Mongolia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Mongolia recorded 9,824 million USD for total credit — value us$ in 2024. That is the highest value across all 34 years on record.
That represents a change of up 28.0% on the previous year and up 35.5% over ten years.
Over the whole period, total credit — value us$ in Mongolia peaked at 9,824 million USD in 2024 and was at its lowest, 75.8 million USD, in 1997.
Mongolia ranks 94th 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$ in Mongolia, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 245.01 million USD | — |
| 1992 | 200.42 million USD | -18.2% |
| 1993 | 97.97 million USD | -51.1% |
| 1994 | 169.08 million USD | +72.6% |
| 1995 | 136.95 million USD | -19.0% |
| 1996 | 145.26 million USD | +6.1% |
| 1997 | 75.8 million USD | -47.8% |
| 1998 | 123.54 million USD | +63.0% |
| 1999 | 93.84 million USD | -24.0% |
| 2000 | 91.39 million USD | -2.6% |
| 2001 | 134.43 million USD | +47.1% |
| 2002 | 233.35 million USD | +73.6% |
| 2003 | 412.6 million USD | +76.8% |
| 2004 | 590.21 million USD | +43.0% |
| 2005 | 806.12 million USD | +36.6% |
| 2006 | 1,192 million USD | +47.9% |
| 2007 | 2,042 million USD | +71.2% |
| 2008 | 2,602 million USD | +27.4% |
| 2009 | 2,142 million USD | -17.7% |
| 2010 | 2,458 million USD | +14.8% |
| 2011 | 4,528 million USD | +84.2% |
| 2012 | 5,375 million USD | +18.7% |
| 2013 | 7,534 million USD | +40.2% |
| 2014 | 7,250 million USD | -3.8% |
| 2015 | 6,328 million USD | -12.7% |
| 2016 | 6,367 million USD | +0.6% |
| 2017 | 6,064 million USD | -4.8% |
| 2018 | 7,302 million USD | +20.4% |
| 2019 | 6,947 million USD | -4.9% |
| 2020 | 6,095 million USD | -12.3% |
| 2021 | 7,259 million USD | +19.1% |
| 2022 | 7,026 million USD | -3.2% |
| 2023 | 7,673 million USD | +9.2% |
| 2024 | 9,824 million USD | +28.0% |
Mongolia compared with similar countries
- Mongolia's 9,824 million USD is below the median for upper middle income countries, which is 16,509 million USD, 60% of the median. (47 countries reporting)
- Mongolia's 9,824 million USD is below the median for East Asia & Pacific, which is 41,209 million USD, 24% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 143.1 million USD | 75.8 million USD | 245.01 million USD | 9 |
| 2000s | 1,025 million USD | 91.39 million USD | 2,602 million USD | 10 |
| 2010s | 6,015 million USD | 2,458 million USD | 7,534 million USD | 10 |
| 2020s | 7,576 million USD | 6,095 million USD | 9,824 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$ in Mongolia?
- Total credit — value us$ in Mongolia was 9,824 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$ recorded in Mongolia?
- The highest recorded value was 9,824 million USD in 2024.
- What is the lowest total credit — value us$ recorded in Mongolia?
- The lowest recorded value was 75.8 million USD in 1997.
- How does Mongolia rank for total credit — value us$?
- Mongolia ranks 94th out of 166 countries with data for 2024.
- Is total credit — value us$ rising or falling in Mongolia?
- Over the last ten years it is up 35.5%. 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$. 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
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.