Mongolia: Agriculture value added

* indicates monthly or quarterly data series
 Mongolia

Agriculture value added, billion USD

 Latest value 2.03
 Year 2023
 Measure billion U.S. dollars
 Data availability 1981 - 2023
 Average 0.82
 Min - Max 0.20 - 2.23
 Source The World Bank
The latest value from 2023 is 2.03 billion U.S. dollars, a decline from 2.23 billion U.S. dollars in 2022. In comparison, the world average is 25.33 billion U.S. dollars, based on data from 152 countries. Historically, the average for Mongolia from 1981 to 2023 is 0.82 billion U.S. dollars. The minimum value, 0.2 billion U.S. dollars, was reached in 1993 while the maximum of 2.23 billion U.S. dollars was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Mongolia - Agriculture value added - Recent values chart

Historical series
Mongolia - Agriculture value added - historical chart - 1981-2023




Definition: Agriculture corresponds to International Standard Industrial Classification (ISIC) divisions 1-5, while the origin of value added is determined by the ISIC, revision 3. Agriculture value added is the net output of the agriculture sector, including forestry, hunting and fishing, and cultivation of crops and livestock production, after adding up all outputs and subtracting intermediate inputs. Deductions for depreciation of fabricated assets and depletion and degradation of natural resources are not included in the calculation. Values are in billion U.S. dollars.

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 Related indicators Latest Reference Measure
 Forest area, percent 9.1 2021 percent
 Percent agricultural land 72.32 2021 percent
 Employment in agriculture 26.33 2022 percent
 GDP share of agriculture 10.19 2023 percent
 Agriculture value added 2.03 2023 billion U.S. dollars
 Agricultural land 1,126,312 2021 sq. km.
 Crop production index 122.9 2022 index points
 Precipitation 241 2020 mm per year
 Arable land, percent of land area 0.9 2021 percent
 Cereal crop yield by hectar 1,113 2022 kg per hectar
 Food production index 157.9 2022 index points
 Fertilizer use 31.3 2021 kg per hectare of arable land
 Livestock production index 159.4 2022 index points
 Forest area, sq.km 141,716.7 2021 sq. km
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