Hungary vs Mongolia: Central government debt, total
Central government debt, total over time
- Hungary
- Mongolia
How they compare
Hungary currently reports 66.82 trillion current LCU against 34.96 trillion current LCU in Mongolia, a difference of 31.85 trillion current LCU.
That makes Hungary's figure about 1.9 times Mongolia's.
Across all 15 years both countries report, Hungary has been ahead every year.
Hungary ranks 6th and Mongolia ranks 8th of 83 countries.
Hungary has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Hungary | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.02 trillion current LCU | 375.27 billion current LCU | 4.65 trillion current LCU | Hungary |
| 2000s | 8.72 trillion current LCU | 960.84 billion current LCU | 7.76 trillion current LCU | Hungary |
| 2010s | 39.45 trillion current LCU | 22.26 trillion current LCU | 17.19 trillion current LCU | Hungary |
| 2020s | 54.53 trillion current LCU | 30.70 trillion current LCU | 23.84 trillion current LCU | Hungary |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher central government debt, total, Hungary or Mongolia?
- Hungary, at 66.82 trillion current LCU against 34.96 trillion current LCU in Mongolia as of 2024.
- What is the difference in central government debt, total between Hungary and Mongolia?
- 31.85 trillion current LCU, with Hungary ahead.
- How many years of comparable data are there for Hungary and Mongolia?
- 15 years are reported by both, from 1992 to 2024.
- How do Hungary and Mongolia rank globally for central government debt, total?
- Hungary ranks 6th and Mongolia ranks 8th of 83 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Central government debt, total (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.