Argentina vs Mongolia: Goods and services expense
Goods and services expense over time
- Argentina
- Mongolia
How they compare
Argentina currently reports 3.61 trillion current LCU against 3.12 trillion current LCU in Mongolia, a difference of 485.50 billion current LCU.
That makes Argentina's figure about 1.2 times Mongolia's.
The two have swapped places 1 time across 23 shared years of data; in 1992 it was Mongolia ahead.
Argentina ranks 18th and Mongolia ranks 21st of 155 countries.
Mongolia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Argentina | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.12 billion current LCU | 26.68 billion current LCU | 24.56 billion current LCU | Mongolia |
| 2000s | 2.26 billion current LCU | 100.42 billion current LCU | 98.16 billion current LCU | Mongolia |
| 2010s | 99.56 billion current LCU | 902.92 billion current LCU | 803.36 billion current LCU | Mongolia |
| 2020s | 1.29 trillion current LCU | 2.22 trillion current LCU | 926.89 billion current LCU | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Argentina or Mongolia?
- Argentina, at 3.61 trillion current LCU against 3.12 trillion current LCU in Mongolia as of 2024.
- What is the difference in goods and services expense between Argentina and Mongolia?
- 485.50 billion current LCU, with Argentina ahead.
- How many years of comparable data are there for Argentina and Mongolia?
- 23 years are reported by both, from 1992 to 2024.
- How do Argentina and Mongolia rank globally for goods and services expense?
- Argentina ranks 18th and Mongolia ranks 21st of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.