Value of agricultural production in Mongolia

Mongolia: Value of agricultural production was 2.14 billion in 2024. β—† Volatile

Latest (2024)
2.14 billion
Change on year
down 7.0%
World rank
108th
of 174 countries
All-time high
2.30 billion
in 2023
All-time low
229.22 million
in 2003
Years of data
32
1993–2024

Value of agricultural production in Mongolia, 1993–2024

0500.0M1.0B1.5B2.0B2.5B1993200820241993: 366.2M1994: 362.0M1995: 386.0M1996: 447.0M1997: 265.6M1998: 267.8M1999: 274.5M2000: 267.4M2001: 267.1M2002: 235.7M2003: 229.2M2004: 294.9M2005: 287.7M2006: 306.6M2007: 385.4M2008: 666.5M2009: 820.6M2010: 724.0M2011: 854.1M2012: 900.8M2013: 873.1M2014: 941.4M2015: 1.1B2016: 1.0B2017: 1.0B2018: 1.3B2019: 1.5B2020: 2.1B2021: 1.8B2022: 2.3B2023: 2.3B2024: 2.1B

Source: Our World in Data.

Analysis

In 2024, value of agricultural production in Mongolia stood at 2.14 billion.

That represents a change of down 7.0% on the previous year and up 127.3% over ten years.

Over the whole period, value of agricultural production in Mongolia peaked at 2.30 billion in 2023 and was at its lowest, 229.22 million, in 2003.

Mongolia ranks 108th of 174 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 338.44 million 265.58 million 446.96 million 7
2000s 376.12 million 229.22 million 820.59 million 10
2010s 1.02 billion 724.01 million 1.45 billion 10
2020s 2.12 billion 1.76 billion 2.30 billion 5

Countries ranked near Mongolia

  1. 105 Bosnia and Herzegovina 2.32 billion compare
  2. 106 El Salvador 2.19 billion compare
  3. 107 Guyana 2.19 billion compare
  4. 109 Croatia 1.95 billion compare
  5. 110 Armenia 1.94 billion compare
  6. 111 State of Palestine 1.86 billion compare

See the full ranking of 175 places β†’

More agriculture & rural data for Mongolia

All data for Mongolia β†’

Frequently asked questions

What is value of agricultural production in Mongolia?
Value of agricultural production in Mongolia was 2.14 billion in 2024, according to Our World in Data.
What is the highest value of agricultural production recorded in Mongolia?
The highest recorded value was 2.30 billion in 2023.
What is the lowest value of agricultural production recorded in Mongolia?
The lowest recorded value was 229.22 million in 2003.
How does Mongolia rank for value of agricultural production?
Mongolia ranks 108th out of 174 countries with data for 2024.
Is value of agricultural production 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 Our World in Data, published as part of Value of agricultural production. Statizoid updates them automatically from the source API.

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Value of agricultural production in Mongolia. Statizoid, drawing on Our World in Data. Retrieved 21 August 2026, from https://agriculture.statizoid.com/stat/value-of-agricultural-production/mongolia/

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About this data

Indicator
Value of agricultural production
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
175 places, 5,021 data points, 1991–2024
Last refreshed