Mongolia vs United States: Central government debt, total
Central government debt, total over time
- Mongolia
- United States
How they compare
Mongolia currently reports 34.96 trillion current LCU against 33.92 trillion current LCU in United States, a difference of 1.05 trillion current LCU.
The two have swapped places 1 time across 15 shared years of data; in 1992 it was United States ahead.
Mongolia ranks 8th and United States ranks 9th of 83 countries.
Across the 4 decades both report, Mongolia averaged higher in 2 and United States in 2.
Head to head by decade
| Decade | Mongolia | United States | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 375.27 billion current LCU | 3.54 trillion current LCU | 3.16 trillion current LCU | United States |
| 2000s | 960.84 billion current LCU | 4.49 trillion current LCU | 3.53 trillion current LCU | United States |
| 2010s | 22.26 trillion current LCU | 20.98 trillion current LCU | 1.28 trillion current LCU | Mongolia |
| 2020s | 30.70 trillion current LCU | 29.53 trillion current LCU | 1.16 trillion current LCU | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher central government debt, total, Mongolia or United States?
- Mongolia, at 34.96 trillion current LCU against 33.92 trillion current LCU in United States as of 2024.
- What is the difference in central government debt, total between Mongolia and United States?
- 1.05 trillion current LCU, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and United States?
- 15 years are reported by both, from 1992 to 2024.
- How do Mongolia and United States rank globally for central government debt, total?
- Mongolia ranks 8th and United States ranks 9th 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.