diff --git a/docs/source/metrics.rst b/docs/source/metrics.rst
index eddd6b713fde..c47a68cf9ca4 100644
--- a/docs/source/metrics.rst
+++ b/docs/source/metrics.rst
@@ -223,7 +223,7 @@ specific condition (e.g. ignore user-defined classes):
             self._num_correct += torch.sum(correct).to(self._device)
             self._num_examples += correct.shape[0]
 
-        @sync_all_reduce("_num_examples", "_num_correct")
+        @sync_all_reduce("_num_examples", "_num_correct:SUM")
         def compute(self):
             if self._num_examples == 0:
                 raise NotComputableError('CustomAccuracy must have at least one example before it can be computed.')
@@ -288,9 +288,11 @@ Metrics and distributed computations
 In the above example, ``CustomAccuracy`` has ``reset``, ``update``, ``compute`` methods decorated
 with :meth:`~ignite.metrics.metric.reinit__is_reduced`, :meth:`~ignite.metrics.metric.sync_all_reduce`. The purpose of these features is to adapt metrics in distributed
 computations on supported backend and devices (see :doc:`distributed` for more details). More precisely, in the above
-example we added ``@sync_all_reduce("_num_examples", "_num_correct")`` over ``compute`` method. This means that when ``compute``
-method is called, metric's interal variables ``self._num_examples`` and ``self._num_correct`` are summed up over all participating
-devices. Therefore, once collected, these internal variables can be used to compute the final metric value.
+example we added ``@sync_all_reduce("_num_examples", "_num_correct:SUM")`` over ``compute`` method. This means that when ``compute``
+method is called, metric's interal variables ``self._num_examples`` and ``self._num_correct:SUM`` are summed up over all participating
+devices. We specify the reduction operation ``self._num_correct:SUM`` or we keep the default ``self._num_examples`` as the default is ``SUM``.
+We currently support four reduction operations (SUM, MAX, MIN, PRODUCT).
+Therefore, once collected, these internal variables can be used to compute the final metric value.
 
 Complete list of metrics
 ------------------------
diff --git a/ignite/metrics/metric.py b/ignite/metrics/metric.py
index 1fcdc2606b30..ba46bb4ab3c3 100644
--- a/ignite/metrics/metric.py
+++ b/ignite/metrics/metric.py
@@ -528,13 +528,15 @@ def __setstate__(self, d: Dict) -> None:
 
 def sync_all_reduce(*attrs: Any) -> Callable:
     """Helper decorator for distributed configuration to collect instance attribute value
-    across all participating processes.
+    across all participating processes and apply the specified reduction operation.
 
     See :doc:`metrics` on how to use it.
 
     Args:
         attrs: attribute names of decorated class
 
+    .. versionchanged:: 0.5.0
+        - Ability to handle different reduction operations (SUM, MAX, MIN, PRODUCT).
     """
 
     def wrapper(func: Callable) -> Callable:
@@ -548,9 +550,16 @@ def another_wrapper(self: Metric, *args: Any, **kwargs: Any) -> Callable:
             if len(attrs) > 0 and not self._is_reduced:
                 if ws > 1:
                     for attr in attrs:
+                        op_kwargs = {}
+                        if ":" in attr:
+                            attr, op = attr.split(":")
+                            valid_ops = ["MIN", "MAX", "SUM", "PRODUCT"]
+                            if op not in valid_ops:
+                                raise ValueError(f"Reduction operation is not valid (expected : {valid_ops}, got: {op}")
+                            op_kwargs["op"] = op
                         t = getattr(self, attr, None)
                         if t is not None:
-                            t = idist.all_reduce(t)
+                            t = idist.all_reduce(t, **op_kwargs)
                             self._is_reduced = True
                             setattr(self, attr, t)
                 else:
diff --git a/tests/ignite/metrics/test_metric.py b/tests/ignite/metrics/test_metric.py
index e30c67e0668d..e8a5f6f39721 100644
--- a/tests/ignite/metrics/test_metric.py
+++ b/tests/ignite/metrics/test_metric.py
@@ -12,7 +12,7 @@
 import ignite.distributed as idist
 from ignite.engine import Engine, Events, State
 from ignite.metrics import ConfusionMatrix, Precision, Recall
-from ignite.metrics.metric import BatchFiltered, BatchWise, EpochWise, Metric, reinit__is_reduced
+from ignite.metrics.metric import BatchFiltered, BatchWise, EpochWise, Metric, reinit__is_reduced, sync_all_reduce
 
 
 class DummyMetric1(Metric):
@@ -538,13 +538,60 @@ def update(self, output):
         pass
 
 
-def _test_distrib_sync_all_reduce_decorator(device):
+def _test_invalid_sync_all_reduce(device):
+    class InvalidMetric(Metric):
+        @reinit__is_reduced
+        def reset(self):
+            self.a = torch.tensor([0.0, 1.0, 2.0, 3.0], requires_grad=False)
+            self.c = 0.0
+            self.n = 0
+            self.m = -1
 
-    from ignite.metrics.metric import reinit__is_reduced, sync_all_reduce
+        def compute(self):
+            pass
+
+        def update(self):
+            pass
+
+        @sync_all_reduce("a:sum")
+        def invalid_reduction_op_1(self):
+            pass
+
+        @sync_all_reduce("c:MaX")
+        def invalid_reduction_op_2(self):
+            pass
+
+        @sync_all_reduce("n:MINN")
+        def invalid_reduction_op_3(self):
+            pass
+
+        @sync_all_reduce("m:PROduCT")
+        def invalid_reduction_op_4(self):
+            pass
 
+    metric_device = device if torch.device(device).type != "xla" else "cpu"
+    m = InvalidMetric(device=metric_device)
+    m.reset()
+
+    if idist.get_world_size() > 1:
+        with pytest.raises(ValueError, match=r"Reduction operation is not valid"):
+            m.invalid_reduction_op_1()
+
+        with pytest.raises(ValueError, match=r"Reduction operation is not valid"):
+            m.invalid_reduction_op_2()
+
+        with pytest.raises(ValueError, match=r"Reduction operation is not valid"):
+            m.invalid_reduction_op_3()
+
+        with pytest.raises(ValueError, match=r"Reduction operation is not valid"):
+            m.invalid_reduction_op_4()
+
+
+def _test_distrib_sync_all_reduce_decorator(device):
     class DummyMetric(Metric):
         @reinit__is_reduced
         def reset(self):
+            # SUM op
             self.a = torch.tensor([0.0, 1.0, 2.0, 3.0], device=self._device, requires_grad=False)
             self.a_nocomp = self.a.clone().to("cpu")
             self.b = torch.tensor(1.0, dtype=torch.float64, device=self._device, requires_grad=False)
@@ -554,20 +601,51 @@ def reset(self):
             self.n = 0
             self.n_nocomp = self.n
 
-        @sync_all_reduce("a", "b", "c", "n")
+            # MAX op
+            self.m = -1
+
+            # MIN op
+            self.k = 10000
+
+            # initialize number of updates to test (MAX, MIN) ops
+            self.num_updates = 0
+
+            # PRODUCT op
+            self.prod = torch.tensor([2.0, 3.0], device=self._device, requires_grad=False)
+            self.prod_nocomp = self.prod.clone().to("cpu")
+
+        @sync_all_reduce("a", "b", "c", "n:SUM", "m:MAX", "k:MIN", "prod:PRODUCT")
         def compute(self):
             assert (self.a.cpu() == (self.a_nocomp + 10) * idist.get_world_size()).all()
             assert (self.b.cpu() == (self.b_nocomp - 5) * idist.get_world_size()).all()
             assert self.c == pytest.approx((self.c_nocomp + 1.23456) * idist.get_world_size())
             assert self.n == (self.n_nocomp + 1) * idist.get_world_size()
+            assert self.m == self.num_updates * (idist.get_world_size() - 1) - 1
+            assert self.k == 10000 - self.num_updates * (idist.get_world_size() - 1)
+            temp_prod_nocomp = 5 * self.prod_nocomp  # new variable for the recomputing
+            temp_prod_nocomp = temp_prod_nocomp.pow(idist.get_world_size())
+            assert (self.prod.cpu() == temp_prod_nocomp).all()
 
         @reinit__is_reduced
         def update(self, output):
+            # SUM op
             self.n += 1
             self.c += 1.23456
             self.a += 10.0
             self.b -= 5.0
 
+            # MAX op
+            self.m += idist.get_rank()
+
+            # MIN op
+            self.k -= idist.get_rank()
+
+            # numper of updates for (MAX, MIN) ops
+            self.num_updates += 1
+
+            # PRODUCT op
+            self.prod *= 5
+
     metric_device = device if torch.device(device).type != "xla" else "cpu"
     m = DummyMetric(device=metric_device)
     m.update(None)
@@ -588,6 +666,7 @@ def test_distrib_gpu(distributed_context_single_node_nccl):
 
     device = f"cuda:{distributed_context_single_node_nccl['local_rank']}"
     _test_distrib_sync_all_reduce_decorator(device)
+    _test_invalid_sync_all_reduce(device)
 
 
 @pytest.mark.distributed
@@ -596,6 +675,7 @@ def test_distrib_cpu(distributed_context_single_node_gloo):
 
     device = "cpu"
     _test_distrib_sync_all_reduce_decorator(device)
+    _test_invalid_sync_all_reduce(device)
 
 
 @pytest.mark.distributed
@@ -607,6 +687,7 @@ def test_distrib_hvd(gloo_hvd_executor):
     nproc = 4 if not torch.cuda.is_available() else torch.cuda.device_count()
 
     gloo_hvd_executor(_test_distrib_sync_all_reduce_decorator, (device,), np=nproc, do_init=True)
+    gloo_hvd_executor(_test_invalid_sync_all_reduce, (device,), np=nproc, do_init=True)
 
 
 @pytest.mark.multinode_distributed
@@ -615,6 +696,7 @@ def test_distrib_hvd(gloo_hvd_executor):
 def test_multinode_distrib_cpu(distributed_context_multi_node_gloo):
     device = "cpu"
     _test_distrib_sync_all_reduce_decorator(device)
+    _test_invalid_sync_all_reduce(device)
 
 
 @pytest.mark.multinode_distributed
@@ -623,6 +705,7 @@ def test_multinode_distrib_cpu(distributed_context_multi_node_gloo):
 def test_multinode_distrib_gpu(distributed_context_multi_node_nccl):
     device = f"cuda:{distributed_context_multi_node_nccl['local_rank']}"
     _test_distrib_sync_all_reduce_decorator(device)
+    _test_invalid_sync_all_reduce(device)
 
 
 @pytest.mark.tpu
@@ -632,12 +715,14 @@ def test_distrib_single_device_xla():
     device = idist.device()
     _test_distrib_sync_all_reduce_decorator(device)
     _test_creating_on_xla_fails(device)
+    _test_invalid_sync_all_reduce(device)
 
 
 def _test_distrib_xla_nprocs(index):
     device = idist.device()
     _test_distrib_sync_all_reduce_decorator(device)
     _test_creating_on_xla_fails(device)
+    _test_invalid_sync_all_reduce(device)
 
 
 @pytest.mark.tpu