Value Added (Agriculture) … Forestry Fishing Standard Local Currency in Mongolia

Mongolia: Value Added (Agriculture) … Forestry Fishing Standard Local Currency was 5.93 million million SLC in 2024. ◆ Volatile

Latest (2024)
5.93 million million SLC
Change on year
down 15.5%
World rank
38th
of 228 countries
All-time high
7.02 million million SLC
in 2023
All-time low
654.52 million SLC
in 1970
Years of data
55
1970–2024

Value Added (Agriculture, Forestry and Fishing) — Value Standard in Mongolia, 1970–2024

02.0M4.0M6.0M8.0M197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

The most recent figure for value added (agriculture, forestry and fishing) — value standard in Mongolia is 5.93 million million SLC, measured in 2024.

The figure is down 15.5% on the previous year and up 100.0% over ten years.

Over the whole period, value added (agriculture, forestry and fishing) — value standard in Mongolia peaked at 7.02 million million SLC in 2023 and was at its lowest, 654.52 million SLC, in 1970.

That places Mongolia 38th out of 228 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.

Value Added (Agriculture) … Forestry Fishing Standard Local Currency in Mongolia, year by year

Annual values for Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency in Mongolia, 1970 to 2024.
Year million SLC Change
1970 654.52 million SLC —
1971 685.4 million SLC +4.7%
1972 709.95 million SLC +3.6%
1973 773.08 million SLC +8.9%
1974 806.66 million SLC +4.3%
1975 857.42 million SLC +6.3%
1976 891.7 million SLC +4.0%
1977 965.05 million SLC +8.2%
1978 1,026 million SLC +6.3%
1979 1,081 million SLC +5.3%
1980 1,165 million SLC +7.8%
1981 1,284 million SLC +10.2%
1982 1,553 million SLC +20.9%
1983 1,545 million SLC -0.5%
1984 1,495 million SLC -3.2%
1985 1,493 million SLC -0.1%
1986 1,701 million SLC +13.9%
1987 1,482 million SLC -12.9%
1988 1,577 million SLC +6.4%
1989 1,760 million SLC +11.6%
1990 1,747 million SLC -0.7%
1991 3,043 million SLC +74.2%
1992 17,621 million SLC +479.0%
1993 61,283 million SLC +247.8%
1994 113,588 million SLC +85.4%
1995 206,215 million SLC +81.5%
1996 285,554 million SLC +38.5%
1997 307,153 million SLC +7.6%
1998 299,744 million SLC -2.4%
1999 333,148 million SLC +11.1%
2000 319,448 million SLC -4.1%
2001 302,734 million SLC -5.2%
2002 273,435 million SLC -9.7%
2003 310,791 million SLC +13.7%
2004 446,560 million SLC +43.7%
2005 573,787 million SLC +28.5%
2006 681,388 million SLC +18.8%
2007 877,554 million SLC +28.8%
2008 1.20 million million SLC +37.0%
2009 1.13 million million SLC -6.0%
2010 1.14 million million SLC +1.3%
2011 1.36 million million SLC +18.6%
2012 1.88 million million SLC +38.4%
2013 2.57 million million SLC +36.9%
2014 2.97 million million SLC +15.3%
2015 3.22 million million SLC +8.7%
2016 3.02 million million SLC -6.2%
2017 3.12 million million SLC +3.2%
2018 3.72 million million SLC +19.4%
2019 4.37 million million SLC +17.5%
2020 4.86 million million SLC +11.0%
2021 5.73 million million SLC +18.1%
2022 7.02 million million SLC +22.4%
2023 7.02 million million SLC +0.1%
2024 5.93 million million SLC -15.5%

Mongolia compared with similar countries

  • Mongolia's 5.93 million million SLC is above the median for upper middle income countries, which is 60,675 million SLC, 97.8× the median. (54 countries reporting)
  • Mongolia's 5.93 million million SLC is above the median for East Asia & Pacific, which is 22,947 million SLC, 258.5× the median. (28 countries reporting)

Biggest year-on-year movements

Years where Value Added (Agriculture) … Forestry Fishing Standard Local Currency in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1992 +479.0% 3,043 million SLC 17,621 million SLC
1993 +247.8% 17,621 million SLC 61,283 million SLC

Averages by decade

DecadeAverage LowestHighest Years
1970s 845.06 million SLC 654.52 million SLC 1,081 million SLC 10
1980s 1,505 million SLC 1,165 million SLC 1,760 million SLC 10
1990s 162,910 million SLC 1,747 million SLC 333,148 million SLC 10
2000s 611,762 million SLC 273,435 million SLC 1.20 million million SLC 10
2010s 2.74 million million SLC 1.14 million million SLC 4.37 million million SLC 10
2020s 6.11 million million SLC 4.86 million million SLC 7.02 million million SLC 5

Countries ranked near Mongolia

  1. 35 Sudan 6.07 million million SLC compare
  2. 36 Japan 6.05 million million SLC compare
  3. 37 Niger 5.93 million million SLC compare
  4. 39 Bangladesh 5.59 million million SLC compare
  5. 40 Cameroon 5.43 million million SLC compare
  6. 41 Malawi 5.28 million million SLC compare

See the full ranking of 229 places →

More environment data for Mongolia

All data for Mongolia →

Frequently asked questions

What is value added (agriculture, forestry and fishing) — value standard in Mongolia?
Value added (agriculture, forestry and fishing) — value standard in Mongolia was 5.93 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (agriculture, forestry and fishing) — value standard recorded in Mongolia?
The highest recorded value was 7.02 million million SLC in 2023.
What is the lowest value added (agriculture, forestry and fishing) — value standard recorded in Mongolia?
The lowest recorded value was 654.52 million SLC in 1970.
How does Mongolia rank for value added (agriculture, forestry and fishing) — value standard?
Mongolia ranks 38th out of 228 countries with data for 2024.
Is value added (agriculture, forestry and fishing) — value standard rising or falling in Mongolia?
Over the last ten years it is up 100.0%. 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 Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Value Added (Agriculture, Forestry and Fishing) — Value Standard in Mongolia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 14 October 2026, from https://environment.statizoid.com/stat/value-added-agriculture-forestry-and-fishing-value-standard-local-currency/mongolia/

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About this data

Indicator
Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
229 places, 11,592 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).